Pro Real Estate Investment Trust (TSX:PRV.UN)

TSX:PRV.UN Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	102.75	99.21	99.89	97.21	77.67	69.81
Total Revenue	102.75	99.21	99.89	97.21	77.67	69.81
Revenue Growth (YoY	2.81%	-0.68%	2.76%	25.15%	11.27%	21.14%
Property Expenses	40.73	40.69	41.95	39.47	31.39	29.28
Selling, General & Administrative	5.37	5.35	5.07	5.16	4.35	3.33
Depreciation & Amortization	0.54	0.59	0.48	0.42	0.36	0.3
Other Operating Expenses	2.26	2.38	1.8	1.17	1.33	1.26
Total Operating Expenses	51.22	52.08	51.29	47.28	40.86	35.13
Operating Income	51.54	47.14	48.61	49.93	36.82	34.68
Interest Expense	-25.06	-23.74	-23.04	-21.18	-17.55	-16.31
Other Non-Operating Income	3.43	5.25	4.05	2.3	2.34	2.11
EBT Excluding Unusual Items	29.91	28.64	29.61	31.06	21.6	20.48
Asset Writedown	5.29	-24.52	-2.82	52.54	63.16	-4.67
Other Unusual Items	-0.14	-1.75	-0.89	0.9	-2.92	5.26
Pretax Income	35.07	2.38	25.91	84.49	81.84	21.07
Net Income	35.07	2.38	25.91	84.49	81.84	21.07
Net Income to Common	35.07	2.38	25.91	84.49	81.84	21.07
Net Income Growth	9976.15%	-90.83%	-69.34%	3.24%	288.40%	40.72%
Basic Shares Outstanding	63	59	59	59	59	39
Diluted Shares Outstanding	63	59	59	59	59	39
Shares Change (YoY)	6.35%	0.32%	0.34%	0.02%	53.30%	3.21%
EPS (Basic)	0.55	0.04	0.44	1.43	1.39	0.55
EPS (Diluted)	0.55	0.04	0.44	1.43	1.39	0.55
EPS Growth	9375.66%	-90.86%	-69.44%	3.21%	153.37%	36.33%
Dividend Per Share	0.450	0.450	0.450	0.450	0.450	0.495
Dividend Growth	-	-	-	-	-9.09%	-21.43%
Operating Margin	50.16%	47.51%	48.66%	51.36%	47.40%	49.68%
Profit Margin	34.13%	2.40%	25.93%	86.92%	105.37%	30.19%
EBITDA	52.32	47.97	49.39	50.72	37.55	35.35
EBITDA Margin	50.91%	48.35%	49.45%	52.17%	48.34%	50.64%
D&A For Ebitda	0.78	0.84	0.79	0.79	0.73	0.67
EBIT	51.54	47.14	48.61	49.93	36.82	34.68
EBIT Margin	50.16%	47.51%	48.66%	51.36%	47.40%	49.68%
Funds From Operations (FFO)	30.65	28.43	26.31	30.28	21.93	20.91
FFO Per Share	0.49	0.46	0.43	0.49	0.44	0.51
Adjusted Funds From Operations (AFFO)	-	28.85	29.43	31.3	25.07	22.44
AFFO Per Share	-	0.47	0.48	0.51	0.50	0.55
FFO Payout Ratio	89.11%	93.96%	101.16%	87.75%	98.04%	86.10%

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