Company Quick10K Filing
Manufactured Housing Properties
10-Q 2019-09-30 Filed 2019-11-12
10-Q 2019-06-30 Filed 2019-08-16
10-Q 2019-03-31 Filed 2019-05-15
10-K 2018-12-31 Filed 2019-04-01
10-Q 2018-09-30 Filed 2018-11-16
10-Q 2018-06-30 Filed 2018-08-15
10-Q 2018-03-31 Filed 2018-05-14
10-Q 2015-06-30 Filed 2015-08-11
10-Q 2015-03-31 Filed 2015-05-08
10-K 2014-12-31 Filed 2015-03-27
10-Q 2014-09-30 Filed 2014-11-10
10-Q 2014-06-30 Filed 2014-08-08
10-Q 2014-03-31 Filed 2014-05-12
10-K 2013-12-31 Filed 2014-03-25
10-Q 2013-09-30 Filed 2013-11-01
10-Q 2013-06-30 Filed 2013-08-05
10-Q 2013-03-31 Filed 2013-05-01
10-K 2012-12-31 Filed 2013-03-20
10-Q 2012-09-30 Filed 2012-11-07
10-Q 2012-06-30 Filed 2012-08-01
10-Q 2012-03-31 Filed 2012-05-04
10-K 2011-12-31 Filed 2012-03-26
10-Q 2011-09-30 Filed 2011-11-04
10-Q 2011-06-30 Filed 2011-08-08
10-Q 2011-03-31 Filed 2011-05-16
10-K 2010-12-31 Filed 2011-03-30
10-Q 2010-09-30 Filed 2010-11-08
10-Q 2010-06-30 Filed 2010-08-11
10-Q 2010-03-31 Filed 2010-05-17
10-K 2009-12-31 Filed 2010-04-15
8-K 2020-02-04 Sale of Shares, Exhibits
8-K 2020-01-13
8-K 2020-01-06 Sale of Shares, Exhibits
8-K 2019-12-27 M&A, Off-BS Arrangement, Other Events, Exhibits
8-K 2019-11-29 Sale of Shares, Other Events, Exhibits
8-K 2019-11-20 Enter Agreement, M&A, Off-BS Arrangement, Other Events, Exhibits
8-K 2019-11-15 Enter Agreement, Exhibits
8-K 2019-11-14 Earnings, Exhibits
8-K 2019-09-11 Leave Agreement, Exhibits
8-K 2019-08-12 Exhibits
8-K 2019-08-06
8-K 2019-08-05 Enter Agreement, M&A, Exhibits
8-K 2018-12-17 Officers
8-K 2018-10-31 Officers
8-K 2018-09-17 Enter Agreement, Sale of Shares

Manufactured Housing Properties Financials

MHPC Metrics, Comps, Filings

Quarterly | Annual

Business

Manufactured Housing Properties Inc. (“MHPC”), together with its predecessors and consolidated subsidiaries, are referred to herein as “we”, “us”, “our”, or “the Company”, unless the context requires otherwise.

MHPC is a self-administered, self-managed, vertically integrated owner and operator of manufactured housing communities. The Company earns income from leasing manufactured home sites to tenants who own their manufactured home and the rental of Company-owned manufactured homes to residents of the communities.

We originally incorporated in the State of Nevada as Frontier Staffing, Inc. on September 3, 2003. Since our incorporation, we have experienced several name changes and have engaged in several different business endeavors. On October 12, 2017, Mobile Home Rental Holdings LLC, a North Carolina limited liability company which engaged in acquiring and operating manufactured housing properties, merged with and into the Company. In connection with the merger, the name of the Company was changed to Manufactured Housing Properties Inc., the former business and management of MHRH became the business and management, respectively, of the Company.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Quarterly)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Quarterly)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Blackstone Real Estate Income Trust (BREIT) 43% 26.6 -1% 26,297,356 17,884,708 1,350,618 574,351 -346,080 470,809 12,544,750
Baying Ecological (BYIN) 0.0 0 265 0 0 -42 -42 -0
E-Waste (EWST) 0.0 0 398 0 0 -50 -50 -0
ditech (DHCP) 0% 29.5 -1% 11,284,526 11,302,649 658,940 0 -135,110 34,203 1,008,057
Ameri Metro (AMGI) 0.0 -221,435% 5 32,740 0 0 -10,642 -10,637 -1
Resource Apartment REIT III (RREIO) 0% 35.2 -3% 233,038 158,206 12,688 0 -8,146 3,203 112,742
Apex Resources (APXR) 0.0 -606% 70 572 0 0 -426 -426 -13
Northern States Power (NSPM) 0% 7.1 3% 19,869,700 13,887,300 3,807,100 0 504,700 735,200 5,191,900
First Equity Properties (FEPI) 2.5 -2% 1,763 952 0 0 -31 -16 -41
Galem Group (GALEM) 0.1 -169% 1,749 5,312 0 0 -2,963 -2,962 -326
First National Energy (FNEC) 0.0 -86,770% 0 737 0 0 -183 -183 -0
IBM Credit (IBMC) 57% 29.3 1% 26,216,000 23,716,000 1,264,000 719,000 265,000 460,000 13,473,000
Golden Queen Mining (GQM) 28% 0.3 -2% 183,402 70,894 48,319 13,436 -4,051 10,764 3,508
Boston Capital Tax Credit Fund V (BCTCV) 0% 0.7 -115% 767 8,821 115 0 -886 -886 -661
QVC (QVC) 0% 3.1 6% 14,632,000 7,913,000 11,074,000 0 883,000 1,475,000 4,556,000
Manufactured Housing Properties (MHPC) 0% -180.7 -6% 24,432 24,750 1,983 0 -1,406 -120 21,764
Results Based Outsourcing (RBOI) 49% 0.0 -112% 7,668 5,877 1,297 642 -8,561 -8,341 -354
Cleco Corporate Holdings (CNL) 0% 6.2 2% 7,498,373 4,868,184 1,529,439 0 161,530 483,505 3,007,516
Divall Insured Income (DIVXZ) -0.8 11% 4,181 135 0 0 450 560 -476
John Deere Capital (JDCC) 0% 9.0 1% 40,089,900 35,961,500 2,890,300 0 419,500 2,267,900 20,396,100

Balance Sheet ($'000)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash17429775976262052851334121614887652359720280553944694874874588811,3591,729
Accounts Receivable72466653742235936433437331329728730439231027014612244951391934
Inventory
PP&E14,82414,87214,97814,99815,04315,07515,11615,12715,12815,07814,98116,01916,23416,56917,09316,7837,75712,20712,11812,07512,02312,20716,61822,108
Assets11,28010,4939,7008,9588,6518,3397,8587,6287,0396,8416,2686,8727,1306,9136,9615,3921,11012,80312,61812,60212,59313,35218,32324,432
Accounts Payable1,0106937446436385517246977126695509321,2681,15293100
Long-Term Debt2812342442353,0022,9522,7682,6052,4382,2751,8751,7381,5741,4672,0522,07313712,48512,55612,62712,73113,28217,69123,493
Liabilities14,72513,4237,0886,6646,2956,1566,0175,8795,5375,3905,6505,7545,7845,5346,0595,5351,40212,90712,99813,26613,54613,84118,34324,750
Stockholders' Equity2,7942,6932,6122,2942,3562,1831,8411,7491,5021,4516181,1181,3461,378902-142-292-410-676-966-1,246-489-1,469-1,831
Income Statement ($'000)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue829739661706755710670765724610579505645640573162110491507514536648799
Cost of Revenue
Gross Profit
R&D
SG&A24729930932827021723330933719014039357442043540138012213093956667
Tax1231-534-16233-88-181-46-84-26990-204-140-79-74-540-61000000
Net Income2,841-101-81-31862-173-342-92-165-51-1,099-547-492-327-626-1,198-300-236-275-314-719-354-332
Cash Flow ($'000)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating-337-220-33639-10516014247-0-15-241-146-151-161-776271225-580-174250
Cash Investing75390757436929-11-112950-142-22-193-5561151,7656-44-90-34-4,450-5,655
Cash Financing-293-226-235-217-78-185-163-167-126-223-197337-5658521-6507951651,0375,1015,775