Inovalis Real Estate Investment Trust

IVREFOTCReal Estate● Active

$0.60

+$0.00(+0.00%)

Market Cap$20132522

P/E Ratio—

52W High$0.802

52W Low$0.5094

Avg Volume19

Open$0.60

Beta0.64

Free Cash Flow Financials Revenue

Inovalis Real Estate Investment Trust (IVREF) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

IVREF · free cash flow · updated Jun 9, 2026

Core FCF metrics

IVREF · FCF · TTM · margin & CAGR

Free cash flow was −$4.8M for FY2025 (fiscal year ending 2025-12-31), down 628.4% year-over-year The FCF margin was -21.6%.

FY2025 Free Cash Flow−$4.8M▼ -628.4% YoY

Trailing 12M (TTM)−$9.6Mtrailing 4 quarters sum

FCF Margin-21.6%−$4.8M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

IVREF · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$4.8M(0M)−$4.8M▼ 628.4%-21.6%

FY2024$913,000(0M)$913,000▼ 77.0%3.8%

FY2023$4.0M(0M)$4.0M▼ 81.5%11.8%

FY2022$21.4M(0M)$21.4M▲ +370.7%68.8%

FY2021−$7.9M(0M)−$7.9M▼ 197.0%-23.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

IVREF · P/FCF · FCF yield · FCF per share

Inovalis Real Estate Investment Trust (IVREF) reported negative free cash flow of −$0.00B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

IVREF · cash flow statement · operating / investing / financing

For FY2025, Inovalis Real Estate Investment Trust generated −$4.8M in operating cash flow and spent 0M in capital expenditures, yielding −$4.8M in free cash flow.

Operating Activities

−$4.8M

Cash from core business operations

2025-12-31

Investing Activities

+$50.9M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$28.1M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$4.8M) − |CapEx| (0M) = FCF (−$4.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Real Estate)

IVREF vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Inovalis Real Estate Investment TrustYOU

IVREF

−$4.8M-628.4%-21.6%

Loss

American Tower Corporation

AMT

$3.78B+2.2%35.5%

76%

Simon Property Group, Inc.

Real Estate · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Inovalis Real Estate Investment Trust (IVREF) reported free cash flow of −$4.8M for FY2025 (fiscal year ending 2025-12-31), down 628.4% year-over-year. The FCF margin was -21.6%.

Based on available data, Inovalis Real Estate Investment Trust has maintained positive free cash flow for at least 10 fiscal year(s). FCF peaked at $27.5M in FY2017.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

IVREF free cash flow · 8 questions

Inovalis Real Estate Investment Trust free cash flow was −$4.8M for FY2025, down 628.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$9.6M.

IVREF free cash flowIVREF FCFIVREF FCF 2025IVREF free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Inovalis Real Estate Investment Trust · Inovalis Real Estate Investment Trust SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026