True North Commercial Real Estate Investment Trust (TSX:TNT.UN)
Canada · Delayed Price · Currency is CAD 8.35
-0.03 (-0.36%)
Sep 4, 2026, 3:39 PM EST
TSX:TNT.UN Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Rental Revenue | 128.6 | 130.12 | 126.91 | 132.2 | 143.58 | 138.52 |
| 128.6 | 130.12 | 126.91 | 132.2 | 143.58 | 138.52 | |
Revenue Growth (YoY | 6.00% | 2.53% | -4.01% | -7.92% | 3.65% | -0.65% |
Property Expenses | 60.94 | 61.04 | 61.09 | 59.66 | 57.09 | 55.9 |
Selling, General & Administrative | 5.63 | 6.05 | 5.83 | 5.64 | 6.05 | 6.91 |
Total Operating Expenses | 66.57 | 67.09 | 66.92 | 65.3 | 63.15 | 62.8 |
Operating Income | 62.02 | 63.03 | 59.99 | 66.91 | 80.43 | 75.72 |
Interest Expense | -34.69 | -35.88 | -35.58 | -36.12 | -26.61 | -26.76 |
Other Non-Operating Income | 0.8 | 0.75 | -0.18 | 10.17 | 4.64 | -4.17 |
EBT Excluding Unusual Items | 28.13 | 27.9 | 24.22 | 40.96 | 58.46 | 44.79 |
Asset Writedown | -49.87 | -58.44 | -43.21 | -80.21 | -41.93 | 6.22 |
Other Unusual Items | -2.03 | -2.03 | -1.97 | -1.38 | - | - |
Pretax Income | -23.77 | -32.57 | -20.95 | -40.62 | 16.53 | 51 |
Net Income | -23.77 | -32.57 | -20.95 | -40.62 | 16.53 | 51 |
Net Income to Common | -23.77 | -32.57 | -20.95 | -40.62 | 16.53 | 51 |
Net Income Growth | - | - | - | - | -67.59% | 28.31% |
Basic Shares Outstanding | 14 | 14 | 14 | 16 | 16 | 15 |
Diluted Shares Outstanding | 14 | 14 | 14 | 16 | 16 | 15 |
Shares Change | 0.63% | -0.18% | -10.16% | -1.82% | 3.49% | 2.75% |
EPS (Basic) | -1.69 | -2.32 | -1.49 | -2.59 | 1.04 | 3.31 |
EPS (Diluted) | -1.69 | -2.32 | -1.49 | -2.59 | 1.04 | 3.31 |
EPS Growth | - | - | - | - | -68.68% | 24.88% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Dividend Per Share | 0.690 | 0.690 | - | 1.708 | 3.415 | 3.416 |
Dividend Growth | 100.00% | - | - | -50.00% | -0.01% | 0% |
Operating Margin | 48.23% | 48.44% | 47.27% | 50.61% | 56.02% | 54.66% |
Profit Margin | -18.48% | -25.03% | -16.51% | -30.73% | 11.52% | 36.82% |
EBIT | 62.02 | 63.03 | 59.99 | 66.91 | 80.43 | 75.72 |
EBIT Margin | 48.23% | 48.44% | 47.27% | 50.61% | 56.02% | 54.66% |
Funds From Operations (FFO) | 41.19 | 41.04 | 36.78 | 41.41 | 56.3 | 53.8 |
FFO Per Share | 2.84 | 2.83 | 2.42 | 2.52 | 3.48 | 3.39 |
Adjusted Funds From Operations (AFFO) | - | 41.57 | 37.83 | 40.62 | 55.98 | 51.41 |
AFFO Per Share | - | 2.86 | 2.48 | 2.47 | 3.46 | 3.22 |
FFO Payout Ratio | 24.13% | 18.16% | - | 75.21% | 86.38% | 87.70% |