Reported Earnings • May 14
First quarter 2026 earnings released: US$2.75 loss per share (vs US$2.29 loss in 1Q 2025) First quarter 2026 results: US$2.75 loss per share (further deteriorated from US$2.29 loss in 1Q 2025). Revenue: US$4.24m (up 144% from 1Q 2025). Net loss: US$10.7m (loss widened 24% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 21
Full year 2025 earnings released: US$10.17 loss per share (vs US$6.34 loss in FY 2024) Full year 2025 results: US$10.17 loss per share (further deteriorated from US$6.34 loss in FY 2024). Net loss: US$40.0m (loss widened 68% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 16
Third quarter 2025 earnings released: US$3.12 loss per share (vs US$1.85 loss in 3Q 2024) Third quarter 2025 results: US$3.12 loss per share (further deteriorated from US$1.85 loss in 3Q 2024). Net loss: US$12.1m (loss widened 75% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 06
Second quarter 2025 earnings released: US$1.99 loss per share (vs US$1.27 loss in 2Q 2024) Second quarter 2025 results: US$1.99 loss per share (further deteriorated from US$1.27 loss in 2Q 2024). Net loss: US$7.63m (loss widened 62% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Jul 31
Belpointe PREP, LLC, Annual General Meeting, Sep 12, 2025 Belpointe PREP, LLC, Annual General Meeting, Sep 12, 2025. Location: 255 glenville road, connecticut 06831., greenwich United States Reported Earnings • May 15
First quarter 2025 earnings released: US$2.35 loss per share (vs US$1.07 loss in 1Q 2024) First quarter 2025 results: US$2.35 loss per share (further deteriorated from US$1.07 loss in 1Q 2024). Net loss: US$8.62m (loss widened 117% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 01
Full year 2024 earnings released: US$6.34 loss per share (vs US$3.86 loss in FY 2023) Full year 2024 results: US$6.34 loss per share (further deteriorated from US$3.86 loss in FY 2023). Net loss: US$23.9m (loss widened 66% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Mar 27
Aster & Links Opens Newest Luxury Apartment Community by Belpointe OZ Aster & Links is celebrating its grand opening, marking a transformative moment for downtown Sarasota. This landmark development replaces the former One Main Plaza, and revitalizes it into a thriving, pedestrian-friendly destination featuring world-class residential living, premier retail, and a stunning public art installation. At the heart of the grand opening is "Touch", a striking 15-foot stainless steel sculpture by nationally acclaimed artist Zachary Oxman, whose works have been commissioned by three U.S. Presidents. The sculpture, placed at Aster's entrance, is an abstract interpretation of the human hand, symbolizing connection, curiosity, and exploration. Its open voids create shifting perspectives depending on the angle of view, reinforcing the power of human interaction. The sculpture anchors a vibrant community space where art, architecture, and urban living intersect. Aster & Links has rapidly become Sarasota's premier address for those seeking an upscale, culture-infused lifestyle. This two-building community offers distinctive styles--Aster's light and airy sophistication with textured stone and driftwood finishes, and Links' bold, urban vibe with vibrant hues and industrial-chic details. Aster & Links is more than just a luxury community, it's a dynamic addition to Sarasota's evolving cultural and urban landscape. Board Change • Feb 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. Member of Executive Advisory Board Daniel Kowalski was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 17
Third quarter 2024 earnings released: US$1.90 loss per share (vs US$0.89 loss in 3Q 2023) Third quarter 2024 results: US$1.90 loss per share (further deteriorated from US$0.89 loss in 3Q 2023). Net loss: US$6.93m (loss widened 111% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Nov 06
Belpointe PREP, LLC, Annual General Meeting, Dec 13, 2024 Belpointe PREP, LLC, Annual General Meeting, Dec 13, 2024. Location: 255 glenville road, greenwich, connecticut 06831, United States Reported Earnings • Aug 16
Second quarter 2024 earnings released: US$1.30 loss per share (vs US$1.11 loss in 2Q 2023) Second quarter 2024 results: US$1.30 loss per share (further deteriorated from US$1.11 loss in 2Q 2023). Net loss: US$4.72m (loss widened 16% from 2Q 2023). Reported Earnings • May 16
First quarter 2024 earnings released First quarter 2024 results: Net loss: US$3.98m (loss widened 42% from 1Q 2023). New Risk • Apr 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (3.0% increase in shares outstanding). Revenue is less than US$5m (US$2.3m revenue). Reported Earnings • Mar 31
Full year 2023 earnings released: US$3.86 loss per share (vs US$2.12 loss in FY 2022) Full year 2023 results: US$3.86 loss per share (further deteriorated from US$2.12 loss in FY 2022). Net loss: US$14.4m (loss widened 87% from FY 2022). Reported Earnings • Nov 17
Third quarter 2023 earnings released: US$0.92 loss per share (vs US$0.29 loss in 3Q 2022) Third quarter 2023 results: US$0.92 loss per share (further deteriorated from US$0.29 loss in 3Q 2022). Net loss: US$3.28m (loss widened 214% from 3Q 2022). Announcement • Oct 06
Belpointe PREP, LLC, Annual General Meeting, Nov 17, 2023 Belpointe PREP, LLC, Annual General Meeting, Nov 17, 2023, at 15:00 Eastern Daylight. Location: 255 Glenville Road, Greenwich, Connecticut 06831 Greenwich United States Agenda: To consider Election of two Class II directors; to consider ratification of the appointment of Citrin Cooperman & Company, LLP, as its independent registered public accounting firm for the fiscal year ended December 31, 2023; to consider Approval of, pursuant to Rule 713(a) of the NYSE American, the issuance of up to $750,000,000 of Class A units of the Company in connection with the prospectus, dated as of May 11, 2023; and to consider other issues. Announcement • Sep 21
Belpointe OZ Celebrates Its Topping-Off Two Luxury 10-Story Buildings in Sarasota, FL Belpointe PREP, LLC announced the topping-off of the two luxury 10-story buildings, named Aster & Links, located at 1991 Main Street, Sarasota, FL. This marks a significant milestone in the development's construction journey. The Aster & Links development, nestled in the heart of Sarasota, stands as a testament to Belpointe OZ's commitment to delivering top-tier real estate projects that complement and enrich the local community. These two structures will serve as contemporary landmarks, combining elegance and functionality. The topping off ceremony, held at the construction site, was attended by key stakeholders, and project team members. The event was a celebration of the collective hard work, dedication, and collaboration that have driven the project forward, ensuring that it remains on schedule and adheres to the highest standards of quality. Belpointe OZ extends its gratitude to Suffolk Construction for their exceptional leadership and proficiency in overseeing the project. Their commitment to excellence and attention to detail have been pivotal in achieving this milestone. The Aster & Links development is set to become a vibrant hub for commerce and community, offering a range of luxury residential and commercial spaces that blend urban convenience with contemporary design. With its prime location, sophisticated amenities, and thoughtful design, the development promises to elevate the standard of modern living and contribute to the prosperity of Sarasota. Reported Earnings • Aug 13
Second quarter 2023 earnings released: US$1.16 loss per share (vs US$0.54 loss in 2Q 2022) Second quarter 2023 results: US$1.16 loss per share (further deteriorated from US$0.54 loss in 2Q 2022). Net loss: US$4.08m (loss widened 116% from 2Q 2022). Reported Earnings • May 18
First quarter 2023 earnings released First quarter 2023 results: Net loss: US$2.81m (loss widened 39% from 1Q 2022). Board Change • Dec 31
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Chairman of the Board & CEO Brandon Lacoff is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Dec 20
Belpointe PREP, LLC, Annual General Meeting, Feb 03, 2023 Belpointe PREP, LLC, Annual General Meeting, Feb 03, 2023, at 15:00 US Eastern Standard Time. Location: Hyatt Regency Greenwich, 1800 East Putnam Avenue Old Greenwich Connecticut United States Agenda: To consider Election of two Class I directors; to consider Ratification of the appointment of Citrin Cooperman & Company, LLP, as independent registered public accounting firm for the fiscal year ended December 31, 2022. Reported Earnings • Nov 16
Third quarter 2022 earnings released: US$0.30 loss per share (vs US$0.86 loss in 3Q 2021) Third quarter 2022 results: US$0.30 loss per share (improved from US$0.86 loss in 3Q 2021). Net loss: US$1.05m (loss narrowed 65% from 3Q 2021). Reported Earnings • Nov 12
Third quarter 2022 earnings released: US$0.30 loss per share (vs US$0.86 loss in 3Q 2021) Third quarter 2022 results: US$0.30 loss per share (improved from US$0.86 loss in 3Q 2021). Net loss: US$1.05m (loss narrowed 65% from 3Q 2021). Reported Earnings • Aug 12
Second quarter 2022 earnings released Second quarter 2022 results: US$0.55 loss per share. Net loss: US$1.89m (flat on 2Q 2021). Reported Earnings • May 16
First quarter 2022 earnings released First quarter 2022 results: US$0.30 loss per share. Net loss: US$2.02m (flat on 1Q 2021). 