Mainstreet Equity Income Statement

Financials in millions CAD. Fiscal year is October - September.

Millions CAD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021	2016 - 2020
Rental Revenue	276.29	249.8	210.03	180.57	159.93	Upgrade
Total Revenue	276.29	249.8	210.03	180.57	159.93	Upgrade
Revenue Growth (YoY	10.61%	18.93%	16.31%	12.91%	6.78%	Upgrade
Property Expenses	92.91	89.36	78.72	70.91	62.08	Upgrade
Selling, General & Administrative	18.87	18.18	17.23	14.94	12.24	Upgrade
Depreciation & Amortization	0.62	0.92	1	0.92	0.91	Upgrade
Total Operating Expenses	112.4	108.45	96.95	86.76	75.22	Upgrade
Operating Income	163.9	141.35	113.08	93.81	84.7	Upgrade
Interest Expense	-65.33	-57.14	-47.6	-42.48	-38.34	Upgrade
Interest & Investment Income	7.55	6.72	2.43	0.78	0.43	Upgrade
EBT Excluding Unusual Items	106.12	90.93	67.92	52.11	46.79	Upgrade
Gain (Loss) on Sale of Assets	0.52	2.01	0.44	4.17	0.11	Upgrade
Asset Writedown	234.44	144.86	69.51	86.89	212	Upgrade
Pretax Income	341.07	237.8	137.87	143.17	258.9	Upgrade
Income Tax Expense	54.06	37.92	28.46	22.63	33.37	Upgrade
Net Income	287.01	199.88	109.41	120.54	225.53	Upgrade
Net Income to Common	287.01	199.88	109.41	120.54	225.53	Upgrade
Net Income Growth	43.59%	82.68%	-9.23%	-46.55%	229.01%	Upgrade
Basic Shares Outstanding	9	9	9	9	9	Upgrade
Diluted Shares Outstanding	9	9	9	9	9	Upgrade
Shares Change (YoY)	-0.00%	-0.02%	-0.23%	-0.04%	-0.24%	Upgrade
EPS (Basic)	30.80	21.45	11.74	12.90	24.13	Upgrade
EPS (Diluted)	30.80	21.45	11.74	12.90	24.13	Upgrade
EPS Growth	43.59%	82.71%	-9.00%	-46.54%	229.74%	Upgrade
Dividend Per Share	0.160	0.110	-	-	-	Upgrade
Dividend Growth	45.45%	-	-	-	-	Upgrade
Operating Margin	59.32%	56.58%	53.84%	51.95%	52.96%	Upgrade
Profit Margin	103.88%	80.02%	52.09%	66.75%	141.03%	Upgrade
EBITDA	164.35	141.83	113.6	94.36	85.22	Upgrade
EBITDA Margin	59.48%	56.78%	54.09%	52.26%	53.29%	Upgrade
D&A For Ebitda	0.46	0.48	0.51	0.56	0.52	Upgrade
EBIT	163.9	141.35	113.08	93.81	84.7	Upgrade
EBIT Margin	59.32%	56.58%	53.84%	51.95%	52.96%	Upgrade
Funds From Operations (FFO)	106.55	91.65	68.72	52.82	47.5	Upgrade
Adjusted Funds From Operations (AFFO)	106.55	91.65	68.72	52.82	47.5	Upgrade
FFO Payout Ratio	1.29%	0.84%	-	-	-	Upgrade
Effective Tax Rate	15.85%	15.95%	20.64%	15.81%	12.89%	Upgrade
Revenue as Reported	276.29	249.8	210.03	180.57	159.93	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.