TSX:BTB.UN Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property Revenue	130.14	130.03	127.83	119.5	100.34
Revenue	130.14	130.03	127.83	119.5	100.34
Revenue Growth (YoY)	0.08%	1.72%	6.97%	19.09%	7.93%
Property Taxes	55.09	54.98	52.45	49.07	-
Gross Profit	75.05	75.05	75.38	70.43	100.34
Selling, General & Admin	9.93	9.43	7.5	7.44	6.84
Operating Income	65.13	65.62	67.88	62.99	93.5
Interest Income	1.41	2.33	1.83	0.62	0.74
Interest Expense	-36.94	-37.03	-34.61	-30.43	-24.54
Other Non-Operating Income (Expense)	7.01	-8.03	-1.66	-5.07	-15.99
Total Non-Operating Income (Expense)	-28.52	-42.73	-34.44	-34.87	-39.79
Pretax Income	36.6	22.89	33.45	28.12	53.71
Net Income	22.37	38.74	36.6	38.15	41.57
Minority Interest in Earnings	0.21	0.21	0.17	0.1	0.11
Net Income to Common	22.37	38.74	36.6	38.15	41.57
Net Income Growth	-42.26%	5.86%	-4.08%	-8.21%	1324.05%
Shares Outstanding (Basic)	89	88	86	83	72
Shares Outstanding (Diluted)	89	88	86	83	72
Shares Change (YoY)	0.95%	1.99%	3.42%	16.62%	12.75%
EPS (Basic)	0.25	0.44	0.42	0.46	0.58
EPS (Diluted)	0.25	0.44	0.42	0.46	0.58
EPS Growth	-43.18%	4.76%	-8.70%	-20.83%	1163.04%
Shares Outstanding	88.27	88.46	87.07	85.59	74.47
Free Cash Flow	58.24	43.66	24.55	-55.06	-16.9
Free Cash Flow Growth	33.41%	77.80%	-	-	-
Free Cash Flow Per Share	0.66	0.50	0.28	-0.66	-0.24
Dividends Per Share	0.300	0.300	0.300	0.300	0.300
Dividend Growth	-	-	-	-	-11.77%
Gross Margin	57.67%	57.72%	58.97%	58.94%	100.00%
Operating Margin	50.04%	50.46%	53.11%	52.72%	93.18%
Profit Margin	28.13%	17.60%	26.17%	23.53%	53.53%
FCF Margin	44.75%	33.57%	19.21%	-46.07%	-16.84%
EBITDA	65.27	65.69	67.98	63.12	93.59
EBITDA Margin	50.15%	50.52%	53.18%	52.82%	93.27%
EBIT	65.13	65.62	67.88	62.99	93.5
EBIT Margin	50.04%	50.46%	53.11%	52.72%	93.18%

Updated Feb 25, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.