A2 Finance

Fortress Transportation & Infrastructure Investors

19.32 USD +0.13 (+0.51%)
Jul 01 🇺🇸 NYSE FTAI
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Financial statements — Fortress Transportation & Infrastructure Investors

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20 ← 16 2020 2019 2018 2017 2016
Total Revenue
370M 580M 380M 220M 150M
Cost Of Revenue
0 0 0 0 0
Gross Profit
370M 580M 380M 220M 150M
Research and Development
0 0 0 0 0
Selling General and Admin
18M 20M 17M 15M 12M
Operating Expense
430M 630M 400M 260M 190M
Operating Income
-65M -50M -22M -43M -39M
Other Income Expense Net
0 200M 3.9M 18M 5.9M
EBIT
-65M 150M -18M -24M -33M
Interest Income
0 0 0 0 0
Pretax Income
-110M 150M -14M -21M -40M
Income Tax
-5.9M 18M 1.4M 2M 270K
Minority Interest
-17M -18M -22M -23M -21M
Net Income
-110M 220M 5.9M 130K -20M
Net Income Basic
-110M 220M 5.9M 130K -20M
20 ← 16 2020 2019 2018 2017 2016
Current cash
0 0 0 0 0
Short term investments
150M 180M 41M 43M 40M
Receivables
92M 49M 54M 31M 21M
Inventory
0 0 0 0 0
Other current assets
0 0 0 0 0
Current assets
400M 470M 220M 170M 190M
Long term investments
3B 2.8B 2.4B 1.8B 1.4B
Property plant equipment
2.6B 2.4B 2.1B 1.6B 1.1B
Goodwill
120M 120M 120M 120M 120M
Intangible assets
19M 28M 39M 40M 39M
Other assets
180M 140M 130M 69M 79M
Total assets
3.4B 3.2B 2.6B 2B 1.5B
Accounts payable
0 0 0 0 0
Current long term debt
1.9B 1.4B 1.2B 700M 260M
Other current liabilities
300M 400M 310M 200M 100M
Total current liabilities
2.2B 1.8B 1.5B 900M 360M
Long term debt
0 0 0 0 0
Other liabilities
23M 41M 39M 19M 19M
Minority Interest
23M 37M 56M 88M 110M
Total Liabilities
2.3B 1.9B 1.6B 1B 490M
Common stock
86M 86M 84M 76M 76M
Retained earning
-28M 190M -33M -39M -39M
Treasury stock
0 0 0 0 0
Capital surplus
Shareholder equity
1.1B 1.3B 1M 950M 1.1B
Net tangible assets
940M 1.2B 840M 790M 900M
20 ← 16 2020 2019 2018 2017 2016
Net Income
-110M 220M 5.9M 130K -20M
Depreciation
170M 170M 140M 88M 60M
Changes in receivables
42M -4.3M 23M 9.7M 6.9M
Changes in inventories
0 0 0 0 0
Cash change
-100M 130M 40M -8.7M -310M
Cash flow
63M 150M 130M 68M 31M
Capital expenditures
-590M -900M -740M -550M -260M
Investments
Investing activity other
Total investing cash flows
-510M -500M -700M -440M -210M
Dividends paid
Net borrowings
1.8B 1.2B 1.2B 660M 220M
Other financing cash flows
Cash flow financing
360M 470M 600M 360M -130M
Exchange rate effect

Fortress Transportation & Infrastructure Investors LLC engages in acquiring, managing and disposing of transportation and transportation-related infrastructure and equipment assets. It operates through the following segments: Aviation Leasing, Offshore Energy, Shipping Containers, Jefferson Terminal, Railroad, Ports and Terminals, and Corporate. The Aviation Leasing segment consists of aircraft and aircraft engines held for lease and are typically held long-term. The Offshore Energy segment comprises of vessels and equipment that support offshore oil and gas activities and are typically subject to long-term operating leases. The Shipping Containers segment includes an investment in an unconsolidated entity engaged in the leasing of shipping containers on both an operating lease and finance lease basis. The Jefferson Terminal segment consists of a multi-modal crude and refined products terminal and other related assets which were acquired in 2014. The Railroad segment refers to Central Maine and Quebec Railway ("CMQR") short line railroad operations also acquired in 2014. The Ports and Terminals consists of Repauno, acquired in 2016, a 1,630 acre deep-water port located along the Delaware River with an underground storage cavern and multiple industrial development opportunities, and Long Ridge, acquired in June 2017, a 1,660 acre multi-modal port located along the Ohio River with rail, dock, and multiple industrial development opportunities. The Corporate segment includes unallocated corporate general and administrative expenses and management fees. The company was founded on February 19, 2014 and is headquartered in New York, NY.