Madison Pacific Properties Inc. (TSX:MPC)

TSX:MPC Income Statement

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

Fiscal Year	FY 2024	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Rental Revenue	44.58	44.49	40.47	37.39	32.79
Other Revenue	-1.86	0.36	7.36	14.82	3.67
Total Revenue	42.71	44.85	47.83	52.21	36.46
Revenue Growth (YoY	-4.76%	-6.23%	-8.39%	43.20%	12.08%
Property Expenses	14.01	13.04	12.97	11.19	9.4
Selling, General & Administrative	2.6	2.85	4.81	2.39	1.92
Other Operating Expenses	2.76	2.49	1.97	1.74	1.9
Total Operating Expenses	19.37	18.38	19.74	15.32	13.22
Operating Income	23.35	26.46	28.09	36.89	23.24
Interest Expense	-16.15	-31.7	-10.81	-3.46	-7.86
Interest & Investment Income	0.45	2.51	1.29	0.66	0.46
EBT Excluding Unusual Items	7.65	-2.72	18.57	34.1	15.84
Asset Writedown	11.42	-0.21	5.68	44.1	46.03
Pretax Income	19.07	-2.93	24.25	78.2	61.87
Income Tax Expense	3.86	41.28	5.27	12.8	8.31
Earnings From Continuing Operations	15.21	-44.21	18.98	65.4	53.57
Minority Interest in Earnings	-0.79	0.08	-0.36	-2.1	-3.28
Net Income	14.42	-44.13	18.62	63.3	50.29
Net Income to Common	14.42	-44.13	18.62	63.3	50.29
Net Income Growth	-	-	-70.58%	25.88%	67.72%
Basic Shares Outstanding	59	59	59	59	59
Diluted Shares Outstanding	59	59	59	59	59
Shares Change (YoY)	-	-	0.12%	1.40%	-
EPS (Basic)	0.24	-0.74	0.31	1.07	0.86
EPS (Diluted)	0.24	-0.74	0.31	1.07	0.86
EPS Growth	-	-	-70.91%	24.14%	68.35%
Dividend Per Share	-	0.105	0.105	0.105	0.105
Operating Margin	54.66%	59.01%	58.73%	70.66%	63.73%
Profit Margin	33.75%	-98.39%	38.93%	121.25%	137.93%
EBITDA	24.03	27.13	28.84	37.72	23.95
EBITDA Margin	56.27%	60.49%	60.30%	72.24%	65.68%
D&A For Ebitda	0.68	0.66	0.75	0.82	0.71
EBIT	23.35	26.46	28.09	36.89	23.24
EBIT Margin	54.66%	59.01%	58.73%	70.66%	63.73%
Effective Tax Rate	20.26%	-	21.72%	16.37%	13.42%

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