Plaza Retail REIT 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
Revenue	126.43	121.28	114.06	111.25	110.63
Revenue Growth (YoY)	4.25%	6.33%	2.53%	0.55%	3.49%
Property Expenses	49.4	46.26	43.71	40.66	38.85
Total Property Expenses	49.4	46.26	43.71	40.66	38.85
Gross Profit	77.03	75.02	70.35	70.58	71.78
Selling, General & Admin	10.78	12.11	8.3	7.87	7.05
Operating Income	66.25	62.91	62.06	62.71	64.73
Interest Income	10.42	9.9	9.46	7.43	7.75
Interest Expense	-31.12	-30.86	-28.48	-28.39	-28.22
Other Non-Operating Income (Expense)	11.4	-14.29	-22.36	12.65	57
Total Non-Operating Income (Expense)	-9.3	-35.25	-41.39	-8.31	36.53
Pretax Income	56.95	27.65	20.67	54.4	101.26
Provision for Income Taxes	1.07	2.17	0.36	0.18	0.77
Net Income	55.29	25.05	20.31	54.22	100.49
Minority Interest in Earnings	0.6	0.44	-	-	-
Net Income to Common	55.29	25.05	20.31	54.22	100.49
Net Income Growth	120.74%	23.30%	-62.54%	-46.04%	-
Shares Outstanding (Basic)	110	112	109	103	114
Shares Outstanding (Diluted)	110	114	112	114	114
Shares Change (YoY)	-3.18%	1.83%	-1.65%	0.01%	1.39%
EPS (Basic)	0.50	0.36	0.38	0.40	0.43
EPS (Diluted)	0.50	0.36	0.38	0.39	0.42
EPS Growth	38.67%	-4.24%	-3.58%	-6.91%	18.64%
Shares Outstanding	110.44	111.54	111.52	101.8	101.8
Free Cash Flow	0.75	14.52	-10.83	-11.79	14.91
Free Cash Flow Growth	-94.81%	-	-	-	-
Free Cash Flow Per Share	0.01	0.13	-0.10	-0.10	0.13
Dividends Per Share	0.280	0.280	0.280	0.280	0.280
Dividend Growth	-0.01%	-	-	-	-
Gross Margin	60.93%	61.86%	61.68%	63.45%	64.88%
Operating Margin	52.40%	51.87%	54.41%	56.37%	58.51%
Profit Margin	44.20%	21.01%	17.81%	48.74%	90.83%
FCF Margin	0.60%	11.98%	-9.49%	-10.60%	13.47%
EBITDA	66.25	62.91	62.06	62.71	64.73
EBIT	66.25	62.91	62.06	62.71	64.73
EBIT Margin	52.40%	51.87%	54.41%	56.37%	58.51%
Effective Tax Rate	1.87%	7.84%	1.74%	0.32%	0.76%

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