Manufactured Housing Properties Inc. (MHPC)

MHPC Income Statement

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

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep 30, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Rental Revenue	16.91	13.99	8.33	6.38	3.16	1.98
Property Management Fees	-	-	-	-	0.04	0
Other Revenue	0.54	0.21	0.09	-	0	0.02
Total Revenue	17.44	14.2	8.42	6.38	3.21	2
Revenue Growth (YoY	36.34%	68.75%	31.90%	99.02%	60.27%	189.99%
Property Expenses	4.38	3.51	1.86	1.44	0.75	0.42
Selling, General & Administrative	2.83	1.95	0.82	0.2	0.52	0.43
Depreciation & Amortization	4.34	3.44	2.06	1.65	0.81	0.53
Other Operating Expenses	5.8	5.05	3.01	1.58	1.25	0.86
Total Operating Expenses	17.35	13.96	7.76	4.87	3.33	2.24
Operating Income	0.09	0.24	0.66	1.51	-0.12	-0.24
Interest Expense	-8.4	-5.53	-2.24	-1.96	-1.33	-1
Other Non-Operating Income	0	0	-	-	-	-
EBT Excluding Unusual Items	-8.3	-5.28	-1.59	-0.45	-1.45	-1.24
Gain (Loss) on Sale of Assets	0.1	0.1	-	0.76	-	-
Other Unusual Items	-0	-3.62	0.03	-0.46	-0.55	-
Pretax Income	-8.2	-8.8	-1.56	-0.15	-2.01	-1.24
Income Tax Expense	-	-	-	-	0.01	0.01
Earnings From Continuing Operations	-8.2	-8.8	-1.56	-0.15	-2.01	-1.25
Minority Interest in Earnings	0.83	0.95	0.46	-0.45	-0.03	-0.05
Net Income	-7.37	-7.85	-1.1	-0.6	-2.04	-1.3
Preferred Dividends & Other Adjustments	2.18	2.16	2.18	1.85	0.36	-
Net Income to Common	-9.55	-10.01	-3.27	-2.45	-2.4	-1.3
Basic Shares Outstanding	13	13	13	13	13	10
Diluted Shares Outstanding	13	13	13	13	13	10
Shares Change (YoY)	-0.39%	-1.99%	1.26%	2.16%	24.98%	95.18%
EPS (Basic)	-0.74	-0.78	-0.25	-0.19	-0.19	-0.13
EPS (Diluted)	-0.74	-0.78	-0.25	-0.19	-0.19	-0.13
Operating Margin	0.53%	1.71%	7.80%	23.71%	-3.75%	-12.04%
Profit Margin	-54.73%	-70.47%	-38.90%	-38.47%	-74.85%	-64.81%
EBITDA	4.43	3.68	2.72	3.17	0.64	0.29
EBITDA Margin	25.41%	25.94%	32.29%	49.61%	19.89%	14.67%
D&A For Ebitda	4.34	3.44	2.06	1.65	0.76	0.53
EBIT	0.09	0.24	0.66	1.51	-0.12	-0.24
EBIT Margin	0.53%	1.71%	7.80%	23.71%	-3.75%	-12.04%
Revenue as Reported	17.44	14.2	8.42	6.38	3.21	2

Updated Nov 13, 2023. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.