Automotive Properties Real Estate Investment Trust (TSX: APR.UN)

APR.UN Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Rental Revenue	93.02	92.48	82.86	78.22	75.12	67.58
Total Revenue	93.02	92.48	82.86	78.22	75.12	67.58
Revenue Growth (YoY	9.05%	11.61%	5.94%	4.12%	11.16%	40.05%
Property Expenses	14.22	14.07	12.29	11.14	11.11	10.23
Selling, General & Administrative	2.2	2.24	1.89	1.62	4.22	2.99
Other Operating Expenses	3.53	3.52	3.67	3.05	-	1.1
Total Operating Expenses	19.95	19.83	17.85	15.81	15.33	14.32
Operating Income	73.07	72.66	65.01	62.41	59.8	53.26
Interest Expense	-22.31	-32.22	8.04	0.4	-33.56	-20.85
Net Interest Expense	-22.31	-32.22	8.04	0.4	-33.56	-20.85
EBT Excluding Unusual Items	55.94	55.1	85.65	10.26	32.65	-7.65
Pretax Income	54.93	50.99	83.37	85.42	26.97	-4.5
Net Income to Common Shareholders	54.93	50.99	83.37	85.42	26.97	-4.5
Net Income Growth	-22.23%	-38.83%	-2.40%	216.77%	-	-
Basic Shares Outstanding	40	40	40	39	38	38
Diluted Shares Outstanding	40	40	40	39	38	38
Shares Change (YoY)	-	-	1.66%	3.67%	-	72.95%
EPS (Basic)	1.38	1.28	2.10	2.19	0.72	-0.12
EPS (Diluted)	1.38	1.28	2.10	2.19	0.72	-0.12
EPS Growth	-22.23%	-38.83%	-3.99%	205.56%	-	-
Dividend Per Share	0.804	0.804	0.804	0.804	0.804	0.804
Payout Ratio	71.81%	77.35%	47.29%	45.92%	142.02%	-
EBITDA	73.33	72.92	65.71	62.59	59.98	53.42
EBITDA Margin	78.83%	78.84%	79.30%	80.02%	79.84%	79.04%
D&A For Ebitda	0.25	0.26	0.7	0.18	0.18	0.15
EBIT	73.07	72.66	65.01	62.41	59.8	53.26
EBIT Margin	78.56%	78.56%	78.46%	79.79%	79.60%	78.82%
Funds From Operations (FFO)	48.05	48.01	46.75	46.53	43.79	36.15
FFO Per Share	0.96	0.96	0.94	0.94	0.91	1.00
Adjusted Funds From Operations (AFFO)	-	45.93	44.71	43.99	40.5	32.91
AFFO Per Share	-	0.92	0.90	0.89	0.84	0.91

Source: S&P Capital IQ. Real Estate template.