Artis Real Estate Investment Trust (TSX:AX.UN)
Canada · Delayed Price · Currency is CAD 8.82
-0.38 (-4.13%)
Feb 3, 2026, 4:00 PM EST
TSX:AX.UN Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Rental Revenue | 249.75 | 300.37 | 335.84 | 372.51 | 419.5 | 458.92 |
Other Revenue | -49.98 | -93.9 | -67.2 | 44.29 | 6.3 | 6.59 |
| 199.77 | 206.47 | 268.64 | 416.8 | 425.8 | 465.51 | |
Revenue Growth (YoY | -17.71% | -23.14% | -35.55% | -2.11% | -8.53% | -11.63% |
Property Expenses | 120.05 | 137.14 | 151.82 | 162.53 | 181.71 | 189.64 |
Selling, General & Administrative | 8.68 | 9.14 | 6.98 | 7.66 | 12.53 | 12.21 |
Total Operating Expenses | 128.73 | 146.28 | 158.8 | 170.19 | 194.24 | 201.85 |
Operating Income | 71.05 | 60.19 | 109.83 | 246.61 | 231.56 | 263.66 |
Interest Expense | -70.31 | -109.21 | -131.74 | -69.91 | -53.68 | -104.49 |
Interest & Investment Income | 6.31 | 36.42 | 43.88 | 28.16 | 2.09 | 4.8 |
Currency Exchange Gain (Loss) | -0.42 | -5.14 | 6.93 | -6.68 | -2.94 | 2.79 |
Other Non-Operating Income | -6.79 | -1.16 | -0.24 | 0.38 | 0.12 | -4.44 |
EBT Excluding Unusual Items | -0.16 | -18.9 | 28.66 | 198.55 | 177.15 | 162.32 |
Merger & Restructuring Charges | - | - | - | - | -0.01 | - |
Gain (Loss) on Sale of Investments | -87.89 | -15.87 | -22.05 | -11.06 | 15.82 | 18.26 |
Asset Writedown | 14.43 | -14.94 | -344.29 | -178.43 | 197.51 | -140.88 |
Other Unusual Items | - | - | - | - | - | -17.42 |
Pretax Income | -73.62 | -49.7 | -337.67 | 9.06 | 390.46 | 22.28 |
Income Tax Expense | 1.46 | -2.29 | -5.61 | 14.36 | 1.29 | 0.73 |
Net Income | -75.08 | -47.41 | -332.07 | -5.29 | 389.18 | 21.54 |
Preferred Dividends & Other Adjustments | 12.73 | 12.99 | 13.03 | 15.86 | 17.26 | 17.42 |
Net Income to Common | -87.8 | -60.4 | -345.09 | -21.15 | 371.92 | 4.12 |
Net Income Growth | - | - | - | - | 1706.50% | -82.45% |
Basic Shares Outstanding | 99 | 105 | 111 | 118 | 130 | 136 |
Diluted Shares Outstanding | 99 | 105 | 111 | 118 | 130 | 137 |
Shares Change (YoY) | -6.82% | -5.60% | -6.06% | -8.89% | -4.82% | -4.09% |
EPS (Basic) | -0.88 | -0.57 | -3.10 | -0.18 | 2.87 | 0.03 |
EPS (Diluted) | -0.89 | -0.57 | -3.10 | -0.19 | 2.86 | 0.02 |
EPS Growth | - | - | - | - | 11380.65% | -96.55% |
Dividend Per Share | 0.600 | 0.600 | 0.600 | 0.600 | 0.593 | 0.540 |
Dividend Growth | - | - | - | 1.23% | 9.76% | - |
Operating Margin | 35.56% | 29.15% | 40.88% | 59.17% | 54.38% | 56.64% |
Profit Margin | -43.95% | -29.26% | -128.46% | -5.07% | 87.34% | 0.89% |
EBITDA | 72.6 | 61.39 | 111.06 | 247.86 | 232.92 | 265.09 |
EBITDA Margin | 36.34% | 29.73% | 41.34% | 59.47% | 54.70% | 56.95% |
D&A For Ebitda | 1.55 | 1.19 | 1.23 | 1.25 | 1.36 | 1.42 |
EBIT | 71.05 | 60.19 | 109.83 | 246.61 | 231.56 | 263.66 |
EBIT Margin | 35.56% | 29.15% | 40.88% | 59.17% | 54.38% | 56.64% |
Funds From Operations (FFO) | 75.37 | 111.42 | 99.86 | 163.19 | 174.34 | 192.41 |
FFO Per Share | 0.75 | 1.05 | 0.89 | 1.38 | 1.34 | 1.41 |
Adjusted Funds From Operations (AFFO) | - | 68.46 | 49.32 | 110.95 | 124.48 | 139.55 |
AFFO Per Share | - | 0.65 | 0.44 | 0.94 | 0.96 | 1.02 |
FFO Payout Ratio | 108.20% | 81.85% | 80.56% | 98.05% | 46.24% | 41.66% |
Effective Tax Rate | - | - | - | 158.43% | 0.33% | 3.29% |
Revenue as Reported | - | - | - | - | 419.5 | 458.92 |
Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.