Mainstreet Equity Income Statement

Financials in millions CAD. Fiscal year is October - September.

Millions CAD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Rental Revenue	279.56	276.29	249.8	210.03	180.57	159.93
Total Revenue	279.56	276.29	249.8	210.03	180.57	159.93
Revenue Growth (YoY	7.91%	10.61%	18.93%	16.31%	12.91%	6.78%
Property Expenses	92.61	92.91	89.36	78.72	70.91	62.08
Selling, General & Administrative	19.52	18.87	18.18	17.23	14.94	12.24
Depreciation & Amortization	0.61	0.62	0.92	1	0.92	0.91
Total Operating Expenses	112.73	112.4	108.45	96.95	86.76	75.22
Operating Income	166.83	163.9	141.35	113.08	93.81	84.7
Interest Expense	-67.81	-65.33	-57.14	-47.6	-42.48	-38.34
Interest & Investment Income	8.98	7.55	6.72	2.43	0.78	0.43
EBT Excluding Unusual Items	108	106.12	90.93	67.92	52.11	46.79
Gain (Loss) on Sale of Assets	0.57	0.52	2.01	0.44	4.17	0.11
Asset Writedown	224.49	234.44	144.86	69.51	86.89	212
Pretax Income	333.06	341.07	237.8	137.87	143.17	258.9
Income Tax Expense	54.02	54.06	37.92	28.46	22.63	33.37
Net Income	279.04	287.01	199.88	109.41	120.54	225.53
Net Income to Common	279.04	287.01	199.88	109.41	120.54	225.53
Net Income Growth	48.77%	43.59%	82.68%	-9.23%	-46.55%	229.01%
Basic Shares Outstanding	9	9	9	9	9	9
Diluted Shares Outstanding	9	9	9	9	9	9
Shares Change (YoY)	-0.04%	-0.00%	-0.02%	-0.23%	-0.04%	-0.24%
EPS (Basic)	29.96	30.80	21.45	11.74	12.90	24.13
EPS (Diluted)	29.96	30.80	21.45	11.74	12.90	24.13
EPS Growth	48.89%	43.59%	82.71%	-9.00%	-46.54%	229.74%
Dividend Per Share	0.200	0.160	0.110	-	-	-
Dividend Growth	63.27%	45.45%	-	-	-	-
Operating Margin	59.68%	59.32%	56.58%	53.84%	51.95%	52.96%
Profit Margin	99.81%	103.88%	80.02%	52.09%	66.75%	141.03%
EBITDA	167.28	164.35	141.83	113.6	94.36	85.22
EBITDA Margin	59.84%	59.48%	56.78%	54.09%	52.26%	53.29%
D&A For Ebitda	0.44	0.46	0.48	0.51	0.56	0.52
EBIT	166.83	163.9	141.35	113.08	93.81	84.7
EBIT Margin	59.68%	59.32%	56.58%	53.84%	51.95%	52.96%
Funds From Operations (FFO)	108.17	106.55	91.65	68.72	52.82	47.5
Adjusted Funds From Operations (AFFO)	-	106.55	91.65	68.72	52.82	47.5
FFO Payout Ratio	1.38%	1.29%	0.84%	-	-	-
Effective Tax Rate	16.22%	15.85%	15.95%	20.64%	15.81%	12.89%
Revenue as Reported	279.56	276.29	249.8	210.03	180.57	159.93

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.