TSX:BTB.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	2015 - 2019
Period Ending	Jun '25 Jun 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	2015 - 2019
Rental Revenue	130.1	130.03	127.83	119.5	100.34	92.97	Upgrade
Total Revenue	130.1	130.03	127.83	119.5	100.34	92.97	Upgrade
Revenue Growth (YoY	1.59%	1.72%	6.97%	19.09%	7.93%	-0.68%	Upgrade
Property Expenses	55.32	54.98	52.45	49.07	44.01	41.71	Upgrade
Selling, General & Administrative	9.23	9.43	7.5	7.44	6.84	6.75	Upgrade
Total Operating Expenses	64.54	64.41	59.94	56.5	50.85	48.46	Upgrade
Operating Income	65.56	65.62	67.88	62.99	49.49	44.51	Upgrade
Interest Expense	-37.64	-37.24	-34.78	-30.02	-24.46	-24.82	Upgrade
Interest & Investment Income	1.96	2.33	1.83	0.62	0.74	0.56	Upgrade
Other Non-Operating Income	-2.46	-1.76	-0.26	14.37	-3.48	-7.02	Upgrade
EBT Excluding Unusual Items	27.43	28.95	34.68	47.97	22.29	13.24	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-	-	-1.87	Upgrade
Asset Writedown	10.96	10.26	2	-8.2	19.57	-8.38	Upgrade
Other Unusual Items	-0.27	-0.47	-0.08	-1.61	-0.3	-0.08	Upgrade
Pretax Income	38.12	38.74	36.6	38.15	41.57	2.92	Upgrade
Net Income	38.12	38.74	36.6	38.15	41.57	2.92	Upgrade
Net Income to Common	38.12	38.74	36.6	38.15	41.57	2.92	Upgrade
Net Income Growth	21.50%	5.86%	-4.08%	-8.21%	1324.05%	-94.37%	Upgrade
Basic Shares Outstanding	89	88	86	83	72	63	Upgrade
Diluted Shares Outstanding	89	88	86	83	72	63	Upgrade
Shares Change (YoY)	1.72%	1.99%	3.42%	16.62%	13.91%	6.28%	Upgrade
EPS (Basic)	0.43	0.44	0.42	0.46	0.58	0.05	Upgrade
EPS (Diluted)	0.43	0.44	0.42	0.46	0.58	0.05	Upgrade
EPS Growth	19.44%	3.79%	-7.25%	-21.29%	1150.16%	-94.71%	Upgrade
Dividend Per Share	0.300	0.300	0.300	0.300	0.300	0.340	Upgrade
Dividend Growth	-	-	-	-	-11.77%	-19.05%	Upgrade
Operating Margin	50.39%	50.46%	53.11%	52.72%	49.33%	47.88%	Upgrade
Profit Margin	29.30%	29.79%	28.63%	31.93%	41.43%	3.14%	Upgrade
EBITDA	65.63	65.69	67.98	63.12	49.58	44.61	Upgrade
EBITDA Margin	50.45%	50.52%	53.18%	52.82%	49.41%	47.98%	Upgrade
D&A For Ebitda	0.07	0.07	0.1	0.12	0.09	0.1	Upgrade
EBIT	65.56	65.62	67.88	62.99	49.49	44.51	Upgrade
EBIT Margin	50.39%	50.46%	53.11%	52.72%	49.33%	47.88%	Upgrade
Funds From Operations (FFO)	36.06	36.69	38.86	36.27	29.85	22	Upgrade
Adjusted Funds From Operations (AFFO)	-	33.09	34.87	32.53	27.27	19.92	Upgrade
FFO Payout Ratio	66.60%	61.70%	57.36%	59.48%	60.88%	86.43%	Upgrade

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