Accolade Income Statement

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

Millions CAD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021	Sep '20 Sep 30, 2020	2016 - 2020
Rental Revenue	272.72	249.8	210.03	180.57	159.93	149.77	Upgrade
Total Revenue	272.72	249.8	210.03	180.57	159.93	149.77	Upgrade
Revenue Growth (YoY	14.29%	18.93%	16.31%	12.91%	6.78%	8.83%	Upgrade
Property Expenses	93.6	89.36	78.72	70.91	62.08	56.74	Upgrade
Selling, General & Administrative	18.82	18.18	17.23	14.94	12.24	12.48	Upgrade
Depreciation & Amortization	0.64	0.92	1	0.92	0.91	0.87	Upgrade
Total Operating Expenses	113.06	108.45	96.95	86.76	75.22	70.09	Upgrade
Operating Income	159.66	141.35	113.08	93.81	84.7	79.69	Upgrade
Interest Expense	-62.51	-57.14	-47.6	-42.48	-38.34	-36.86	Upgrade
Interest & Investment Income	5.72	6.72	2.43	0.78	0.43	0.21	Upgrade
EBT Excluding Unusual Items	102.87	90.93	67.92	52.11	46.79	43.03	Upgrade
Gain (Loss) on Sale of Assets	0.66	2.01	0.44	4.17	0.11	-	Upgrade
Asset Writedown	202.8	144.86	69.51	86.89	212	37.21	Upgrade
Pretax Income	306.33	237.8	137.87	143.17	258.9	80.24	Upgrade
Income Tax Expense	49.63	37.92	28.46	22.63	33.37	11.69	Upgrade
Earnings From Continuing Operations	256.7	199.88	109.41	120.54	225.53	68.55	Upgrade
Net Income	256.7	199.88	109.41	120.54	225.53	68.55	Upgrade
Net Income to Common	256.7	199.88	109.41	120.54	225.53	68.55	Upgrade
Net Income Growth	45.09%	82.68%	-9.23%	-46.55%	229.01%	16.81%	Upgrade
Basic Shares Outstanding	9	9	9	9	9	9	Upgrade
Diluted Shares Outstanding	9	9	9	9	9	9	Upgrade
Shares Change (YoY)	-	-0.02%	-0.23%	-0.04%	-0.24%	-0.61%	Upgrade
EPS (Basic)	27.55	21.45	11.74	12.90	24.13	7.32	Upgrade
EPS (Diluted)	27.55	21.45	11.74	12.90	24.13	7.32	Upgrade
EPS Growth	45.09%	82.71%	-9.00%	-46.54%	229.74%	17.46%	Upgrade
Dividend Per Share	0.147	0.110	-	-	-	-	Upgrade
Operating Margin	58.54%	56.58%	53.84%	51.95%	52.96%	53.21%	Upgrade
Profit Margin	94.13%	80.02%	52.09%	66.75%	141.03%	45.77%	Upgrade
EBITDA	159.87	141.83	113.6	94.36	85.22	80.19	Upgrade
EBITDA Margin	58.62%	56.78%	54.09%	52.26%	53.29%	53.54%	Upgrade
D&A For Ebitda	0.21	0.48	0.51	0.56	0.52	0.51	Upgrade
EBIT	159.66	141.35	113.08	93.81	84.7	79.69	Upgrade
EBIT Margin	58.54%	56.58%	53.84%	51.95%	52.96%	53.21%	Upgrade
Funds From Operations (FFO)	103.31	91.65	68.72	52.82	47.5	43.68	Upgrade
FFO Per Share	-	-	-	-	-	4.66	Upgrade
Adjusted Funds From Operations (AFFO)	-	91.65	68.72	52.82	47.5	43.68	Upgrade
AFFO Per Share	-	-	-	-	-	4.66	Upgrade
FFO Payout Ratio	1.22%	0.84%	-	-	-	-	Upgrade
Effective Tax Rate	16.20%	15.95%	20.64%	15.81%	12.89%	14.57%	Upgrade
Revenue as Reported	272.72	249.8	210.03	180.57	159.93	149.77	Upgrade

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