Canadian Net Real Estate Investment Trust (TSXV:NET.UN)
6.46
-0.02 (-0.31%)
Jun 2, 2026, 3:33 PM EST
TSXV:NET.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 | Mar '26 Mar 31, 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 | 28.07 | 27.98 | 26.12 | 26.55 | 24.73 | 18.95 |
Other Revenue | 3.27 | 3.13 | 1.86 | 3.08 | -0.9 | 2.97 |
| 31.33 | 31.11 | 27.99 | 29.63 | 23.83 | 21.92 | |
Revenue Growth (YoY | 9.51% | 11.16% | -5.54% | 24.34% | 8.71% | 41.41% |
Property Expenses | 7.81 | 7.75 | 7.21 | 7.12 | 6.36 | 4.63 |
Selling, General & Administrative | 1.11 | 1.07 | 1.25 | 1.02 | 0.89 | 0.81 |
Total Operating Expenses | 10.14 | 9.88 | 9.22 | 8.68 | 7.85 | 5.75 |
Operating Income | 21.2 | 21.23 | 18.76 | 20.95 | 15.98 | 16.17 |
Interest Expense | -7.47 | -7.52 | -7.32 | -7.64 | -6.58 | -4.68 |
Interest & Investment Income | 0.3 | 0.31 | 0.39 | 0.39 | 0.32 | 0.24 |
Other Non-Operating Income | -0.13 | -0.03 | 0.02 | 0.21 | 0.53 | 0.08 |
EBT Excluding Unusual Items | 13.9 | 13.99 | 11.85 | 13.91 | 10.24 | 11.82 |
Gain (Loss) on Sale of Assets | - | - | - | - | - | 0.06 |
Asset Writedown | -4.57 | 3.04 | -4.76 | 4.32 | -16.74 | 13.36 |
Other Unusual Items | -0.03 | -0.03 | -0.09 | - | - | - |
Pretax Income | 9.31 | 17.01 | 7.01 | 18.23 | -6.5 | 25.24 |
Income Tax Expense | 0.34 | 0.34 | -0.1 | 0.01 | -0 | 0.15 |
Net Income | 8.97 | 16.67 | 7.1 | 18.22 | -6.49 | 25.09 |
Net Income to Common | 8.97 | 16.67 | 7.1 | 18.22 | -6.49 | 25.09 |
Net Income Growth | -44.00% | 134.72% | -61.02% | - | - | 160.78% |
Basic Shares Outstanding | 21 | 21 | 21 | 21 | 21 | 19 |
Diluted Shares Outstanding | 21 | 21 | 21 | 21 | 21 | 19 |
Shares Change (YoY) | 0.18% | 0.18% | -0.06% | 0.25% | 10.44% | 23.20% |
EPS (Basic) | 0.44 | 0.81 | 0.35 | 0.89 | -0.32 | 1.35 |
EPS (Diluted) | 0.44 | 0.81 | 0.35 | 0.89 | -0.32 | 1.35 |
EPS Growth | -44.09% | 134.31% | -60.99% | - | - | 106.83% |
Dividend Per Share | 0.352 | 0.350 | 0.350 | 0.345 | 0.340 | 0.300 |
Dividend Growth | 0.44% | 0.01% | 1.45% | 1.47% | 13.33% | 17.37% |
Operating Margin | 67.64% | 68.24% | 67.05% | 70.70% | 67.05% | 73.76% |
Profit Margin | 28.64% | 53.60% | 25.38% | 61.50% | -27.25% | 114.46% |
EBIT | 21.2 | 21.23 | 18.76 | 20.95 | 15.98 | 16.17 |
EBIT Margin | 67.64% | 68.24% | 67.05% | 70.70% | 67.05% | 73.76% |
Funds From Operations (FFO) | 13.69 | 13.65 | 12.36 | 13.06 | 13.04 | 10.79 |
Adjusted Funds From Operations (AFFO) | - | 13.01 | 11.59 | 11.72 | 12.15 | 10.03 |
FFO Payout Ratio | 52.49% | 52.42% | 57.39% | 54.33% | 53.43% | 51.68% |
Effective Tax Rate | 3.61% | 1.98% | - | 0.03% | - | 0.58% |