TSX:TNT.UN 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	130.12	126.91	132.2	143.58	138.52
Revenue Growth (YoY)	2.53%	-4.01%	-7.92%	3.65%	-0.65%
Property Expenses	41.49	41.51	39.49	-36.88	-35.94
Total Property Expenses	41.49	41.51	39.49	-36.88	-35.94
Property Taxes	19.54	19.58	20.16	-20.21	-19.96
Gross Profit	69.08	65.82	72.55	200.67	194.42
Selling, General & Admin	6.05	5.83	5.64	6.05	6.91
Operating Income	63.03	59.99	66.91	194.61	187.51
Net Gains on Disposal of Properties	-2.03	-1.97	-1.38	-	-0.62
Interest Expense	-34.77	-33.44	-34.19	-30.33	-28.67
Other Non-Operating Income (Expense)	-58.56	-45.53	-71.23	-31.89	6.46
Total Non-Operating Income (Expense)	-95.37	-80.94	-106.79	-62.23	-22.83
Pretax Income	-32.34	-20.95	-39.88	132.39	164.68
Net Income	-33.04	-20.95	-42.1	13.19	47.24
Minority Interest in Earnings	0.23	-	0.74	1.67	1.88
Net Income to Common	-33.04	-20.95	-42.1	13.19	47.24
Net Income Growth	-	-	-	-72.08%	34.31%
Shares Outstanding (Basic)	14	15	16	4	89
Shares Outstanding (Diluted)	14	15	16	4	89
Shares Change (YoY)	-7.68%	-2.86%	313.73%	-95.73%	2.75%
EPS (Basic)	-2.35	-1.38	-2.69	3.48	0.53
EPS (Diluted)	-2.35	-1.38	-2.69	3.48	0.53
EPS Growth	-	-	-	553.61%	30.72%
Shares Outstanding	14.06	14.08	15.68	94.2	88.72
Free Cash Flow	44.03	45.83	59.02	71.62	56.35
Free Cash Flow Growth	-3.93%	-22.34%	-17.60%	27.11%	-21.07%
Free Cash Flow Per Share	-	3.01	-	-	-
Dividends Per Share	0.690	-	1.708	3.415	3.416
Dividend Growth	-	-	-50.00%	-0.01%	-
Gross Margin	53.09%	51.87%	54.88%	139.76%	140.35%
Operating Margin	48.44%	47.27%	50.61%	135.55%	135.37%
Profit Margin	-25.21%	-16.51%	-31.28%	10.35%	35.46%
FCF Margin	33.84%	36.11%	44.64%	49.88%	40.68%
EBITDA	75.9	70.02	76.17	201.4	193.46
EBITDA Margin	58.33%	55.18%	57.61%	140.27%	139.66%
EBIT	63.03	59.99	66.91	194.61	187.51
EBIT Margin	48.44%	47.27%	50.61%	135.55%	135.37%

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