The Becker Milk Company Income Statement

Financials in millions CAD. Fiscal year is May - April.

Millions CAD. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Rental Revenue	2.84	2.83	2.79	2.71	2.63	3.02
Other Revenue	0.16	0.16	0.25	-	-	-
Total Revenue	3	2.99	3.05	2.71	2.63	3.02
Revenue Growth (YoY	-2.04%	-1.76%	12.30%	3.12%	-13.05%	-0.39%
Property Expenses	0.51	0.45	0.42	0.42	0.51	0.66
Selling, General & Administrative	1.33	1.31	1.3	1.3	1.37	1.42
Total Operating Expenses	1.84	1.76	1.72	1.72	1.88	2.07
Operating Income	1.16	1.24	1.33	1	0.75	0.95
Interest & Investment Income	-0.03	-	-	0.01	0.01	0.01
Other Non-Operating Income	-	-	-	0.14	0.03	0.06
EBT Excluding Unusual Items	1.13	1.24	1.33	1.14	0.79	1.02
Gain (Loss) on Sale of Assets	-0.03	-0.03	0	-0.02	-0	-0.02
Asset Writedown	0.21	2.24	-0.99	-1.69	5.99	3.25
Other Unusual Items	0.33	-	-	-	-	-
Pretax Income	1.65	3.45	0.34	-0.6	6.67	4.24
Income Tax Expense	-0.5	0.61	0.22	0.18	1.01	0.71
Net Income	2.15	2.85	0.12	-0.78	5.67	3.54
Net Income to Common	2.15	2.85	0.12	-0.78	5.67	3.54
Net Income Growth	3.45%	2187.63%	-	-	60.22%	324.04%
Basic Shares Outstanding	2	2	2	2	2	2
Diluted Shares Outstanding	2	2	2	2	2	2
EPS (Basic)	1.19	1.57	0.07	-0.43	3.13	1.96
EPS (Diluted)	1.19	1.57	0.07	-0.43	3.13	1.96
EPS Growth	3.45%	2187.65%	-	-	60.22%	324.04%
Dividend Per Share	0.800	0.800	0.800	0.800	0.800	0.800
Operating Margin	38.67%	41.34%	43.68%	36.72%	28.49%	31.45%
Profit Margin	71.73%	95.17%	4.09%	-28.70%	215.42%	116.91%
EBIT	1.16	1.24	1.33	1	0.75	0.95
EBIT Margin	38.67%	41.34%	43.68%	36.72%	28.49%	31.45%
Funds From Operations (FFO)	0.9	0.94	0.99	0.81	0.49	0.76
Adjusted Funds From Operations (AFFO)	-	0.71	0.92	0.61	0.55	0.76
FFO Payout Ratio	161.29%	153.61%	329.49%	178.16%	298.18%	190.17%
Effective Tax Rate	-	17.56%	63.87%	-	15.11%	16.64%
Revenue as Reported	2.97	2.99	3.05	2.86	2.67	3.1

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