NexLiving Communities Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	34.3	24.03	18.48	11.86	7.53	3.63
Total Revenue	34.38	24.03	18.48	11.86	7.53	3.63
Revenue Growth (YoY	68.76%	30.09%	55.72%	57.65%	107.58%	232.75%
Property Expenses	13.98	9.77	7.44	5.19	3.3	1.61
Selling, General & Administrative	2.7	2.21	1.86	1.82	1.46	1.37
Total Operating Expenses	16.68	11.98	9.3	7.02	4.76	2.98
Operating Income	17.7	12.05	9.18	4.85	2.77	0.65
Interest Expense	-12.32	-8.77	-6.37	-3.38	-3.16	-1.82
Interest & Investment Income	0.06	0.18	0.03	0.08	-	-
Other Non-Operating Income	-	-	-	-	-0.05	-0.04
EBT Excluding Unusual Items	5.44	3.46	2.84	1.55	-0.45	-1.22
Gain (Loss) on Sale of Assets	-0.4	0.12	-	-	0	-
Asset Writedown	11.54	12.34	-4.74	6.56	9.94	2.23
Other Unusual Items	-	-	-	-	-0.09	-0.08
Pretax Income	16.59	15.91	-1.9	8.11	9.4	0.94
Income Tax Expense	3.05	2.5	0.3	0.6	-	-0.23
Net Income	13.54	13.41	-2.2	7.51	9.4	1.17
Net Income to Common	13.54	13.41	-2.2	7.51	9.4	1.17
Net Income Growth	84.70%	-	-	-20.11%	701.33%	-
Basic Shares Outstanding	33	22	16	15	8	4
Diluted Shares Outstanding	33	22	16	15	9	5
Shares Change (YoY)	83.66%	35.90%	11.47%	66.22%	94.51%	130.26%
EPS (Basic)	0.41	0.60	-0.13	0.51	1.20	0.31
EPS (Diluted)	0.41	0.60	-0.13	0.51	1.16	0.31
EPS Growth	0.75%	-	-	-56.01%	268.18%	-
Dividend Per Share	0.040	0.040	0.040	0.040	0.040	-
Operating Margin	51.48%	50.14%	49.68%	40.86%	36.76%	17.87%
Profit Margin	39.39%	55.81%	-11.93%	63.32%	124.96%	32.37%
EBITDA	-	-	-	-	5.04	1.79
EBITDA Margin	-	-	-	-	67.01%	49.28%
D&A For Ebitda	-	-	-	-	2.28	1.14
EBIT	17.7	12.05	9.18	4.85	2.77	0.65
EBIT Margin	51.48%	50.14%	49.68%	40.86%	36.76%	17.87%
Funds From Operations (FFO)	6.84	3.92	2.84	1.86	0.61	-
FFO Per Share	0.21	0.18	0.17	0.13	0.07	-
Adjusted Funds From Operations (AFFO)	-	3.92	2.84	1.86	0.61	-
AFFO Per Share	-	0.18	0.17	0.13	0.07	-
FFO Payout Ratio	19.18%	25.15%	23.27%	31.25%	57.99%	-
Effective Tax Rate	18.36%	15.71%	-	7.40%	-	-

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