FRP (FRPH) - 2024 Q2 - Earnings Call Presentation

Financial Performance Highlights - Net Income attributable to the Company increased by 242% to $2 million in Q2'24 compared to Q2'23 [4] - Pro Rata NOI increased by 21% in Q2'24 compared to Q2'23 [4] - Industrial and Commercial's NOI increased by 41% in Q2'24 compared to Q2'23 [4] - Net Income attributable to the Company increased by 188% to $33 million YTD [4] - Pro Rata NOI increased by 22% YTD [4] - Industrial and Commercial's NOI increased by 44% YTD [4] Segment Performance - Multifamily NOI increased by 84% to $397 million in Q2'24 compared to Q2'23 [6] - Multifamily NOI increased by 88% to $7853 million YTD [6] - Industrial and Commercial segment increased total revenues by 16% to $2898 million YTD [7] - Industrial and Commercial segment increased operating profit by 49% to $1052 million YTD [7] - Mining & Royalties total revenue decreased by 5% to $6194 million YTD [8]