Power REIT (PW)

PW Salisbury Solar, LLC • PW Regulus Solar, LLC • PW CanRE of Colorado Holdings, LLC • PW CO • PW PWV Holdings LLC • PW ME CanRE SD LLC • PW CA CanRE Canndescent LLC • PW CanRE OK Vinita LLC • PW MI CanRE Marengo LLC • PW CanRE Holdings LLC ...

IRS number

453116572

PW stock data

1M 3M 6M 1Y

Latest filings (excl ownership)

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EFFECT

Notice of effectiveness

Entry into a Material Definitive Agreement

31 Oct 24

Submission of Matters to a Vote of Security Holders

26 Sep 24

8-K

Power REIT Receives Notice Resolving NYSE American Listing Standards Deficiency

26 Sep 24

10-Q/A

2024 Q2

Quarterly report (amended)

24 Sep 24

8-K

Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review

24 Sep 24

8-K

Power REIT Receives Notice of Non-Compliance with NYSE American Continued Listing Standards

4 Sep 24

DEF 14A

Definitive proxy

30 Aug 24

Latest ownership filings

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Financial summary

Financial statements Chart PW financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2.40 mm	2.40 mm	2.40 mm	2.40 mm	2.40 mm	2.40 mm
Cash burn (monthly)	180.00 k	100.84 k	(no burn)	1.42 mm	53.93 k	143.51 k
Cash used (since last report)	914.77 k	512.47 k	n/a	7.21 mm	274.08 k	729.33 k
Cash remaining	1.48 mm	1.88 mm	n/a	-4.82 mm	2.12 mm	1.67 mm
Runway (months of cash)	8.2	18.7	n/a	-3.4	39.3	11.6

Beta Read what these cash burn values mean

Financial data from Power REIT earnings reports.

Institutional ownership, Q3 2024

PW institutional ownership history Ownership history

16.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	11	8	+37.5%
Opened positions	5	0	NEW
Closed positions	2	12	-83.3%
Increased positions	1	1	–
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	87.32 mm	70.69 mm	+23.5%
Total shares	548.59 k	316.09 k	+73.6%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Axonic Capital	183.50 k	$207.00 k	NEW
DWUS AdvisorShares Dorsey Wright FSM US Core ETF	129.19 k	$79.00 k	0.0%
Pensionfund DSM Netherlands	78.53 k	$59.00 k	0.0%
Renaissance Technologies	61.90 k	$46.65 mm	+7.5%
Vanguard	36.01 k	$27.15 mm	NEW
Pensionfund Sabic	29.95 k	$23.00 k	0.0%
BlackRock	15.14 k	$11.41 mm	NEW
HRT Financial	12.09 k	$9.00 k	NEW
Advisor	1.60 k	$1.21 mm	NEW
Caldwell Sutter Capital	550.00	$415.00 k	0.0%

Largest transactions	Shares	Bought/sold	Change
Axonic Capital	183.50 k	+183.50 k	NEW
Vanguard	36.01 k	+36.01 k	NEW
Mariner Investment	0.00	-15.42 k	EXIT
BlackRock	15.14 k	+15.14 k	NEW
HRT Financial	12.09 k	+12.09 k	NEW
CIBC Private Wealth	0.00	-4.70 k	EXIT
Renaissance Technologies	61.90 k	+4.30 k	+7.5%
Advisor	1.60 k	+1.60 k	NEW
WFC Wells Fargo & Company	0.00	0.00
Caldwell Sutter Capital	550.00	0.00	0.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

PW insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
21 Dec 23	Lesser David H	Common Stock	Other	Dispose J	Yes	No	18,656	0
21 Dec 23	Lesser David H	Common Stock	Other	Dispose J	Yes	No	15,458	0
21 Dec 23	Lesser David H	Common Stock	Other	Acquire J	No	No	24,261	514,818
31 Dec 21	Lesser David H	Common Stock	Other	Dispose J	Yes	No	14,410	0

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.