CTOCTO Realty Growth, Inc.
Real Estate Investment Trusts
- Revenue
- $150M
- 20% YoY
- Operating margin
- 22.7%
- 61% YoY
- EBITDA
- $94M
- 14% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 7.5×
- $709M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear25× net incomeCash flow under 80% of net income
- Dilutive SBCClear3% of revenueOver 10% of revenue
- Payouts exceed cash flowClear90% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $13M | $5M | $4M | $125M | $150M | 20% |
| Operating income | $23M | $11M | $27M | $18M | $34M | 93% |
| Net income | $28M | −$2M | $758K | −$9M | $3M | 129% |
| Operating cash flow | $28M | $56M | $46M | $60M | $65M | 7.9% |
| Capex | $257M | $385M | — | — | — | |
| Stock-based comp | $3M | $3M | $4M | $4M | $4M | 14% |
| Buybacks | $2M | $3M | $6M | $664K | $9M | 1309% |
| Dividends | $24M | $29M | $34M | $40M | $49M | 22% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $4M | $4M | 196 | 122 |
| FY2024 | $3M | $4M | 193 | 124 |
| FY2023 | $3M | $2M | 156 | 120 |
| FY2022 | $2M | $2M | 151 | 111 |
| FY2021 | $2M | $5M | 157 | 130 |