TSX:FCR.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	731.24	713.52	687.98	693.1	674.89
Revenue	731.24	713.52	687.98	693.1	674.89
Revenue Growth (YoY)	2.48%	3.71%	-0.74%	2.70%	0.30%
Property Expenses	271.32	266.59	262.72	267.6	262.35
Total Property Expenses	271.3	266.24	262.72	267.6	262.35
Gross Profit	459.94	447.29	425.26	425.5	412.54
Operating Income	459.94	447.29	425.26	425.5	412.54
Interest Income	22.47	47.12	24.88	19.87	10.88
Interest Expense	-158.79	-166.16	-154.1	-150.04	-152.67
Other Non-Operating Income (Expense)	-26.14	-110.71	-435.2	-447.89	228.82
Total Non-Operating Income (Expense)	-162.46	-229.75	-564.42	-578.06	87.03
Pretax Income	297.48	217.54	-139.16	-152.56	499.57
Provision for Income Taxes	-763.42	14.29	-4.8	7.2	25.93
Net Income	1,064	204.93	-134.06	-160	460.13
Minority Interest in Earnings	-3.13	-1.69	-0.31	0.24	13.51
Net Income to Common	1,064	204.93	-134.06	-160	460.13
Net Income Growth	419.21%	-	-	-	16929.28%
Shares Outstanding (Basic)	212	214	214	216	221
Shares Outstanding (Diluted)	212	214	214	219	221
Shares Change (YoY)	-0.83%	-0.02%	-2.24%	-0.75%	0.15%
EPS (Basic)	5.01	0.97	-0.63	-0.74	2.10
EPS (Diluted)	5.01	0.96	-0.63	-0.73	2.08
EPS Growth	421.70%	-	-	-	20700.00%
Free Cash Flow	32.12	76.57	8.22	62.42	81.59
Free Cash Flow Growth	-58.05%	831.38%	-86.83%	-23.50%	-
Free Cash Flow Per Share	-	0.36	0.04	-	0.37
Dividends Per Share	0.890	0.864	0.864	0.576	0.432
Dividend Growth	3.01%	-	50.00%	33.33%	-49.77%
Gross Margin	62.90%	62.69%	61.81%	61.39%	61.13%
Operating Margin	62.90%	62.69%	61.81%	61.39%	61.13%
Profit Margin	145.08%	28.48%	-19.53%	-23.05%	70.18%
FCF Margin	4.39%	10.73%	1.19%	9.01%	12.09%
EBITDA	462.45	449.86	429.15	431.17	418.56
EBITDA Margin	63.24%	63.05%	62.38%	62.21%	62.02%
EBIT	459.94	447.29	425.26	425.5	412.54
EBIT Margin	62.90%	62.69%	61.81%	61.39%	61.13%
Effective Tax Rate	-256.63%	6.57%	3.45%	-4.72%	5.19%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.