PREFERRED APARTMENT COMMUNITIES INC

EDGAR

78 filing records in this dataset, filed from 2010-07-30 to 2022-05-09. Reported financial figures are available; chart coverage varies by period.

Watchlist

Latest quarter

Revenue

105 million USD

2022 Q1 · USD

Exact inputs and evidence

Operating margin

15.07%

2022 Q1 · %

Exact inputs and evidence
  • Operating Income: 15809000 USD Source
  • Revenue: 104880000 USD Source

Operating cash flow

28.2 million USD

2022 Q1 · USD

Exact inputs and evidence
  • Operating Cash Flow: 28227000 USD Source

Free cash flow

28 million USD

2022 Q1 · USD

Exact inputs and evidence
  • Operating Cash Flow: 28227000 USD Source
  • Capital Expenditure: 260000 USD Source
Cash and cash equivalents
117 million USD Source
Exact value

117221000 USD

Long-term debt including current maturities
2.39 billion USD Source
Exact value

2388772000 USD

Shares outstanding
62.9 million shares Source
Exact value

62929382 shares

Reported share-count change

25.62% · 12.8 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 50094599 shares · 2021-03-31· Source
  • 62929382 shares · 2022-03-31· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

440 million USD

2021-04-01 – 2022-03-31

Exact inputs and evidence
  • Revenue: 118706000 USD · 2021-04-01 – 2021-06-30 Source
  • Revenue: 111012000 USD · 2021-07-01 – 2021-09-30 Source
  • Revenue: 451142000 USD · 2021-01-01 – 2021-12-31 Source
  • Revenue: 345418000 USD · 2021-01-01 – 2021-09-30 Source
  • Revenue: 104880000 USD · 2022-01-01 – 2022-03-31 Source

Net income

15.3 million USD

2021-04-01 – 2022-03-31

Exact inputs and evidence
  • Net income: 1554000 USD · 2021-04-01 – 2021-06-30 Source
  • Net income: 9977000 USD · 2021-07-01 – 2021-09-30 Source
  • Net income: 20446000 USD · 2021-01-01 – 2021-12-31 Source
  • Net income: 8884000 USD · 2021-01-01 – 2021-09-30 Source
  • Net income: -7814000 USD · 2022-01-01 – 2022-03-31 Source

Operating cash flow

162 million USD

2021-04-01 – 2022-03-31

Exact inputs and evidence
  • Operating cash flow: 101911000 USD · 2021-01-01 – 2021-06-30 Source
  • Operating cash flow: 48385000 USD · 2021-01-01 – 2021-03-31 Source
  • Operating cash flow: 164885000 USD · 2021-01-01 – 2021-09-30 Source
  • Operating cash flow: 101911000 USD · 2021-01-01 – 2021-06-30 Source
  • Operating cash flow: 182042000 USD · 2021-01-01 – 2021-12-31 Source
  • Operating cash flow: 164885000 USD · 2021-01-01 – 2021-09-30 Source
  • Operating cash flow: 28227000 USD · 2022-01-01 – 2022-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2022-05-09.

Financial data available through: 2021-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2021-12-31
  • Operating income: 11 of 11 periods available· newest 2021-12-31
  • Net income: 11 of 11 periods available· newest 2021-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2021-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 11 of 11 periods available· newest 2021-12-31
  • Total liabilities: 11 of 11 periods available· newest 2021-12-31
  • current assets: No compatible figures in this window
  • current liabilities: No compatible figures in this window
  • Cash and cash equivalents: 11 of 11 periods available· newest 2021-12-31
  • Long-term debt including current maturities: 11 of 11 periods available· newest 2021-12-31
  • Shares outstanding: 11 of 11 periods available· newest 2021-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -10%

    Prior period

    USD 501.19 million

    –

    Current period

    USD 451.14 million

    –

    Exact inputs and evidence

    451142000 − 501185000 = -50043000 USD

    501185000 USD · 2020-01-01 – 2020-12-31

    Inspect prior input Prior source

    451142000 USD · 2021-01-01 – 2021-12-31

    Inspect current input Current source
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  • Net income

    +USD 198.23 million

    Prior period

    −USD 177.79 million

    –

    Current period

    USD 20.45 million

    –

    Exact inputs and evidence

    20446000 − -177788000 = 198234000 USD

    -177788000 USD · 2020-01-01 – 2020-12-31

    Inspect prior input Prior source

    20446000 USD · 2021-01-01 – 2021-12-31

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  • Operating cash flow

    +280.1%

    Prior period

    USD 47.89 million

    –

    Current period

    USD 182.04 million

    –

    Exact inputs and evidence

    182042000 − 47892000 = 134150000 USD

    47892000 USD · 2020-01-01 – 2020-12-31

    Inspect prior input Prior source

    182042000 USD · 2021-01-01 – 2021-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2021 2021-01-01 – 2021-12-31

  • Revenue USD 451.14 million 100% of revenue
  • Operating costs Derived USD 328.18 million 73% of revenue
  • Operating income USD 122.96 million 27% of revenue
  • Tax, interest and other Derived USD 102.51 million 23% of revenue
  • Net income USD 20.45 million 4.5% of revenue

Cash

  • Operating cash flow USD 182.04 million 40% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2012 Net loss: net income was −1.2% of revenue.
  • 2013 Net loss: net income was −12% of revenue.
  • 2014 18%78%
  • 2015 Net loss: net income was −2.2% of revenue.
  • 2016 Net loss: net income was −4.8% of revenue.
  • 2017 9.4%24%67%
  • 2018 11%24%65%
  • 2019 Net loss: net income was −1.5% of revenue.
  • 2020 Operating loss: operating costs were 111% of revenue.
  • 2021 23%73%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2012 2012-01-01 – 2012-12-3112491235 10133186 Derived 2358049 2504679 Derived -146630 Unavailable
Source
2013 2013-01-01 – 2013-12-3132133491 30246294 Derived 1887197 5870285 Derived -3983088 Unavailable
Source
2014 2014-01-01 – 2014-12-3156536370 44220980 Derived 12315390 10221901 Derived 2093489 Unavailable
Source
2015 2015-01-01 – 2015-12-31109305512 90415770 Derived 18889742 21290410 Derived -2400668 Unavailable
Source
2016 2016-01-01 – 2016-12-31200119000 165678000 Derived 34441000 43974000 Derived -9533000 Unavailable
Source
2017 2017-01-01 – 2017-12-31294005000 196982000 Derived 97023000 69342000 Derived 27681000 Unavailable
Source
2018 2018-01-01 – 2018-12-31397271000 257489000 Derived 139782000 96315000 Derived 43467000 Unavailable
Source
2019 2019-01-01 – 2019-12-31470427000 368622000 Derived 101805000 109049000 Derived -7244000 Unavailable
Source
2020 2020-01-01 – 2020-12-31501185000 558073000 Derived -56888000 120900000 Derived -177788000 Unavailable
Source
2021 2021-01-01 – 2021-12-31451142000 328184000 Derived 122958000 102512000 Derived 20446000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 451.1M 2021
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.541.3M406.0M270.6M135.3M0.0201220172021
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2012Revenue12491235
2013Revenue32133491
2014Revenue56536370
2015Revenue109305512
2016Revenue200119000
2017Revenue294005000
2018Revenue397271000
2019Revenue470427000
2020Revenue501185000
2021Revenue451142000

Revenue growth

Change in revenue from the same financial period one year earlier.

-10% 2021
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.171%122%74%25%-23%201220172021
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2012Year over year134.6%
2013Year over year157.2%
2014Year over year75.9%
2015Year over year93.3%
2016Year over year83.1%
2017Year over year46.9%
2018Year over year35.1%
2019Year over year18.4%
2020Year over year6.5%
2021Year over year-10%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 27.3% 2021
Net margin 4.5% 2021
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.41%20%-0%-21%-41%201220172021
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2012Operating margin18.9%
2013Operating margin5.9%
2014Operating margin21.8%
2015Operating margin17.3%
2016Operating margin17.2%
2017Operating margin33%
2018Operating margin35.2%
2019Operating margin21.6%
2020Operating margin-11.4%
2021Operating margin27.3%
2012Net margin-1.2%
2013Net margin-12.4%
2014Net margin3.7%
2015Net margin-2.2%
2016Net margin-4.8%
2017Net margin9.4%
2018Net margin10.9%
2019Net margin-1.5%
2020Net margin-35.5%
2021Net margin4.5%
2012Free cash flow marginNot reported
2013Free cash flow marginNot reported
2014Free cash flow marginNot reported
2015Free cash flow marginNot reported
2016Free cash flow marginNot reported
2017Free cash flow marginNot reported
2018Free cash flow marginNot reported
2019Free cash flow marginNot reported
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 182M 2021
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.196.6M147.5M98.3M49.2M0.0201220172021
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2012Operating cash flow4178941
2013Operating cash flow8686070
2014Operating cash flow15436062
2015Operating cash flow35221423
2016Operating cash flow61661000
2017Operating cash flow86289000
2018Operating cash flow145381000
2019Operating cash flow145631000
2020Operating cash flow47892000
2021Operating cash flow182042000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2012Free cash flowUnavailable
2013Free cash flowUnavailable
2014Free cash flowUnavailable
2015Free cash flowUnavailable
2016Free cash flowUnavailable
2017Free cash flowUnavailable
2018Free cash flowUnavailable
2019Free cash flowUnavailable
2020Free cash flowUnavailable
2021Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

71.3% 2021
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.77%58%39%19%0%201220172021
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2012Liabilities / assets59.4%
2013Liabilities / assets51.4%
2014Liabilities / assets57.8%
2015Liabilities / assets59.4%
2016Liabilities / assets63.4%
2017Liabilities / assets60.6%
2018Liabilities / assets63.5%
2019Liabilities / assets59.5%
2020Liabilities / assets66.4%
2021Liabilities / assets71.3%

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2012-12-31Current assets / current liabilitiesNot reportedNo source recorded
2013-12-31Current assets / current liabilitiesNot reportedNo source recorded
2014-12-31Current assets / current liabilitiesNot reportedNo source recorded
2015-12-31Current assets / current liabilitiesNot reportedNo source recorded
2016-12-31Current assets / current liabilitiesNot reportedNo source recorded
2017-12-31Current assets / current liabilitiesNot reportedNo source recorded
2018-12-31Current assets / current liabilitiesNot reportedNo source recorded
2019-12-31Current assets / current liabilitiesNot reportedNo source recorded
2020-12-31Current assets / current liabilitiesNot reportedNo source recorded
2021-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2012 2012-01-01 – 2012-12-31
−USD 146,630
Exact value

Exact value: -146630 USD

2012-01-01 – 2012-12-31: -146630 USD Inspect Net Income Open source
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USD 4.18 million
Exact value

Exact value: 4178941 USD

2012-01-01 – 2012-12-31: 4178941 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2013 2013-01-01 – 2013-12-31
−USD 3.98 million
Exact value

Exact value: -3983088 USD

2013-01-01 – 2013-12-31: -3983088 USD Inspect Net Income Open source
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USD 8.69 million
Exact value

Exact value: 8686070 USD

2013-01-01 – 2013-12-31: 8686070 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2014 2014-01-01 – 2014-12-31
USD 2.09 million
Exact value

Exact value: 2093489 USD

2014-01-01 – 2014-12-31: 2093489 USD Inspect Net Income Open source
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USD 15.44 million
Exact value

Exact value: 15436062 USD

2014-01-01 – 2014-12-31: 15436062 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2015 2015-01-01 – 2015-12-31
−USD 2.4 million
Exact value

Exact value: -2400668 USD

2015-01-01 – 2015-12-31: -2400668 USD Inspect Net Income Open source
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USD 35.22 million
Exact value

Exact value: 35221423 USD

2015-01-01 – 2015-12-31: 35221423 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2016 2016-01-01 – 2016-12-31
−USD 9.53 million
Exact value

Exact value: -9533000 USD

2016-01-01 – 2016-12-31: -9533000 USD Inspect Net Income Open source
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USD 61.66 million
Exact value

Exact value: 61661000 USD

2016-01-01 – 2016-12-31: 61661000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2017 2017-01-01 – 2017-12-31
USD 27.68 million
Exact value

Exact value: 27681000 USD

2017-01-01 – 2017-12-31: 27681000 USD Inspect Net Income Open source
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USD 86.29 million
Exact value

Exact value: 86289000 USD

2017-01-01 – 2017-12-31: 86289000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2018 2018-01-01 – 2018-12-31
USD 43.47 million
Exact value

Exact value: 43467000 USD

2018-01-01 – 2018-12-31: 43467000 USD Inspect Net Income Open source
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USD 145.38 million
Exact value

Exact value: 145381000 USD

2018-01-01 – 2018-12-31: 145381000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2019-01-01 – 2019-12-31
−USD 7.24 million
Exact value

Exact value: -7244000 USD

2019-01-01 – 2019-12-31: -7244000 USD Inspect Net Income Open source
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USD 145.63 million
Exact value

Exact value: 145631000 USD

2019-01-01 – 2019-12-31: 145631000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
−USD 177.79 million
Exact value

Exact value: -177788000 USD

2020-01-01 – 2020-12-31: -177788000 USD Inspect Net Income Open source
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USD 47.89 million
Exact value

Exact value: 47892000 USD

2020-01-01 – 2020-12-31: 47892000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
USD 20.45 million
Exact value

Exact value: 20446000 USD

2021-01-01 – 2021-12-31: 20446000 USD Inspect Net Income Open source
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USD 182.04 million
Exact value

Exact value: 182042000 USD

2021-01-01 – 2021-12-31: 182042000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

78 filings · 3,058 latest values · 3,058 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001481832, 1481832, APTS, edgar:1481832

Also known as PREFERRED APARTMENT COMMUNITIES INC, Preferred Apartment Communities, Inc.