CROMF Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	488.71	471.03	451.69	428.08	408.89
Property Management Fees	11.36	5.34	3.43	-	-
Other Revenue	-1.89	-1.97	0.14	-2.02	12.58
Total Revenue	498.18	474.39	455.26	426.06	421.48
Revenue Growth (YoY	5.02%	4.20%	6.86%	1.09%	8.44%
Property Expenses	171.92	169.34	164.28	146.26	125.86
Selling, General & Administrative	26.61	20.97	27.64	19.55	25.48
Depreciation & Amortization	88.91	81.53	78.84	79.84	75.76
Total Operating Expenses	287.44	271.84	270.76	245.64	227.11
Operating Income	210.74	202.55	184.51	180.41	194.37
Interest Expense	-97.88	-93.05	-86.81	-83.58	-91.95
Interest & Investment Income	0.48	0.51	0.54	0.56	0.55
Other Non-Operating Income	-	-	-	-	-1.39
EBT Excluding Unusual Items	113.34	110	98.24	97.4	101.58
Gain (Loss) on Sale of Investments	-	51.79	-	-	-
Gain (Loss) on Sale of Assets	3.09	1.17	0.59	80.8	56.53
Asset Writedown	0.05	-4.7	-	-10.4	-2.54
Pretax Income	116.48	158.27	98.83	167.8	155.57
Income Tax Expense	0	0	0.01	0	0.17
Net Income	116.48	158.27	98.82	167.8	155.4
Net Income to Common	116.48	158.27	98.82	167.8	155.4
Net Income Growth	-26.40%	60.15%	-41.11%	7.98%	129.86%
Basic Shares Outstanding	185	183	180	176	162
Diluted Shares Outstanding	185	183	180	176	162
Shares Change (YoY)	1.57%	1.60%	1.91%	8.76%	2.97%
EPS (Basic)	0.63	0.87	0.55	0.95	0.96
EPS (Diluted)	0.63	0.87	0.55	0.95	0.96
EPS Growth	-27.54%	57.62%	-42.21%	-0.71%	123.22%
Dividend Per Share	0.895	0.890	0.890	0.890	0.890
Dividend Growth	0.56%	-	-	-0.00%	0.00%
Operating Margin	42.30%	42.70%	40.53%	42.34%	46.12%
Profit Margin	23.38%	33.36%	21.71%	39.38%	36.87%
EBITDA	297.69	282.04	288.2	259.21	288.8
EBITDA Margin	59.76%	59.45%	63.30%	60.84%	68.52%
D&A For Ebitda	86.95	79.5	103.7	78.8	94.43
EBIT	210.74	202.55	184.51	180.41	194.37
EBIT Margin	42.30%	42.70%	40.53%	42.34%	46.12%
Funds From Operations (FFO)	240.13	227.05	210	203.74	185.03
Adjusted Funds From Operations (AFFO)	212.37	197.3	181.1	177.3	157.53
FFO Payout Ratio	52.59%	54.36%	58.15%	60.72%	73.31%
Effective Tax Rate	0.00%	0.00%	0.01%	0.00%	0.11%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.