Melcor Real Estate Investment Trust (TSX:MR.UN)

TSX:MR.UN Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	72.34	73.9	74.11	74.09	74.57
Total Revenue	72.34	73.9	74.11	74.09	74.57
Revenue Growth (YoY	-2.12%	-0.28%	0.01%	-0.64%	4.80%
Property Expenses	31.06	31.25	31.06	30.34	31.24
Selling, General & Administrative	6.64	3.11	3.36	2.95	3.04
Total Operating Expenses	37.7	34.36	34.42	33.29	34.28
Operating Income	34.63	39.54	39.69	40.8	40.29
Interest Expense	-20.96	-27.2	-26.46	-25.54	-26.06
Interest & Investment Income	0.08	0.06	0.03	0.03	0.07
Other Non-Operating Income	-18.84	20.7	28.35	-34.45	54.21
EBT Excluding Unusual Items	-5.08	33.11	41.61	-19.17	68.51
Asset Writedown	-25.52	-16.79	-12	2.88	-62.75
Pretax Income	-30.6	16.31	29.61	-16.29	5.76
Net Income	-30.6	16.31	29.61	-16.29	5.76
Net Income to Common	-30.6	16.31	29.61	-16.29	5.76
Net Income Growth	-	-44.91%	-	-	-
Basic Shares Outstanding	13	13	13	13	13
Diluted Shares Outstanding	13	29	29	13	29
Shares Change (YoY)	-55.44%	-0.00%	123.95%	-55.52%	121.84%
EPS (Basic)	-2.36	1.26	2.28	-1.25	0.44
EPS (Diluted)	-2.36	0.06	0.59	-1.25	-1.38
EPS Growth	-	-89.43%	-	-	-
Dividend Per Share	0.040	0.480	0.480	0.445	0.439
Dividend Growth	-91.67%	-	7.87%	1.43%	-35.00%
Operating Margin	47.88%	53.50%	53.55%	55.07%	54.03%
Profit Margin	-42.30%	22.07%	39.96%	-21.98%	7.73%
EBIT	34.63	39.54	39.69	40.8	40.29
EBIT Margin	47.88%	53.50%	53.55%	55.07%	54.03%
Funds From Operations (FFO)	18.15	23.87	24.73	26.68	25.25
FFO Per Share	0.63	0.75	0.82	0.87	0.83
Adjusted Funds From Operations (AFFO)	10.13	15.18	17.25	20.01	18.13
AFFO Per Share	0.39	0.51	0.61	0.55	0.50
FFO Payout Ratio	2.85%	26.07%	25.16%	21.18%	24.11%

Updated Mar 6, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.