Lightstone Value Plus REIT II, Inc.
Real Estate · Real Estate Investment Trusts · MD · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $47.7M | $48.8M | $53.6M | $55.3M | $48.0M | $30.9M |
| Operating income | — | — | — | — | −$2.9M | −$13.8M |
| Net income | −$6.0M | −$4.8M | −$11.5M | $8.8M | −$5.3M | −$21.3M |
| Total assets | $178.7M | $193.9M | $209.4M | $245.4M | $260.7M | $268.6M |
| Total liabilities | $106.7M | $109.2M | $109.3M | $126.6M | $149.3M | $150.8M |
| Equity | $61.0M | $73.6M | $89.1M | $107.5M | $100.0M | $106.2M |
| EPS (diluted) | $-0.38 | $-0.29 | $-0.67 | $0.51 | — | — |
| Shares out. | 16.0M | 16.4M | 17.1M | 17.2M | 17.4M | 17.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- −12.7%
- Return on equity
- −9.9%
- Return on assets
- −3.4%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 59.7%
- Debt / equity
- 1.75×
- Book value / share
- $3.81
- Revenue growth (YoY)
- −2.4%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −3.0%clean
- Piotroski F-Score
- 3/7weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 warning● 1 good- Reported a net loss
- Revenue declined year-over-year
- Negative operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Shareholder voteDec 9, 2025
- Shareholder voteDec 12, 2024
- Other material eventApr 24, 2024
- Other material eventDec 15, 2023
- Other material eventNov 22, 2023
- Completed an acquisition or dispositionJul 26, 2023
- Amended charter or bylaws · Shareholder voteJan 23, 2023
- Shareholder voteDec 14, 2022
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 10-QFORM 10-QMay 14, 2026
- 10-KFORM 10-KMar 30, 2026
- 8-KFORM 8-KDec 9, 2025
- 10-QFORM 10-QNov 14, 2025
- ARSFORM ARSOct 2, 2025
- DEF 14AFORM DEF 14AOct 2, 2025
- 10-QFORM 10-QAug 14, 2025
- 10-QFORM 10-QMay 14, 2025
- 10-KFORM 10-KMar 26, 2025
- 8-KDec 12, 2024
- 10-QNov 14, 2024
- ARSOct 10, 2024
- DEF 14AOct 10, 2024
- 10-QAug 14, 2024
- SC TO-I/AJun 25, 2024