Automotive Properties Real Estate Investment Trust (APPTF)

APPTF Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	93.88	92.48	82.86	78.22	75.12
Total Revenue	93.88	92.48	82.86	78.22	75.12
Revenue Growth (YoY	1.50%	11.61%	5.94%	4.12%	11.16%
Property Expenses	14.55	14.07	12.29	11.14	11.11
Selling, General & Administrative	2.41	2.24	1.89	1.62	4.22
Other Operating Expenses	3.96	3.52	3.67	3.05	-
Total Operating Expenses	20.92	19.83	17.85	15.81	15.33
Operating Income	72.95	72.66	65.01	62.41	59.8
Interest Expense	-34.59	-32.22	8.04	0.4	-33.56
Other Non-Operating Income	5.97	14.66	12.59	-52.54	6.42
EBT Excluding Unusual Items	44.34	55.1	85.65	10.26	32.65
Asset Writedown	27.66	-4.11	-2.29	75.16	-5.68
Pretax Income	72	50.99	83.37	85.42	26.97
Net Income	72	50.99	83.37	85.42	26.97
Net Income to Common	72	50.99	83.37	85.42	26.97
Net Income Growth	41.20%	-38.83%	-2.40%	216.77%	-
Basic Shares Outstanding	49	40	40	39	38
Diluted Shares Outstanding	49	40	40	39	38
Shares Change (YoY)	23.57%	-	1.66%	3.67%	-
EPS (Basic)	1.47	1.28	2.10	2.19	0.72
EPS (Diluted)	1.47	1.28	2.10	2.19	0.72
EPS Growth	14.27%	-38.83%	-3.99%	205.56%	-
Dividend Per Share	0.804	0.804	0.804	0.804	0.804
Operating Margin	77.71%	78.56%	78.46%	79.79%	79.60%
Profit Margin	76.70%	55.13%	100.61%	109.20%	35.89%
EBITDA	73.1	72.92	65.71	62.59	59.98
EBITDA Margin	77.87%	78.84%	79.30%	80.02%	79.84%
D&A For Ebitda	0.14	0.26	0.7	0.18	0.18
EBIT	72.95	72.66	65.01	62.41	59.8
EBIT Margin	77.71%	78.56%	78.46%	79.79%	79.60%
Funds From Operations (FFO)	47.88	48.01	46.75	46.53	43.79
FFO Per Share	0.95	0.96	0.94	0.94	0.91
Adjusted Funds From Operations (AFFO)	46.81	45.93	44.71	43.99	40.5
AFFO Per Share	0.93	0.92	0.90	0.89	0.84
FFO Payout Ratio	82.40%	82.15%	84.34%	84.29%	87.46%

Updated Mar 5, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.