TSXV:RRR.UN Income Statement

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

Millions USD. 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
Rental Revenue	27.55	31.54	33.77	35.03	33.43
Other Revenue	0.52	0.69	0.87	0.73	0.75
Total Revenue	28.07	32.23	34.63	35.76	34.18
Revenue Growth (YoY	-12.90%	-6.94%	-3.15%	4.61%	11.53%
Property Expenses	23.66	23.94	23.33	23.66	22.51
Selling, General & Administrative	0.65	0.61	0.56	0.68	0.58
Depreciation & Amortization	3.93	4.37	4.92	4.75	4.44
Total Operating Expenses	28.24	28.92	28.81	29.09	27.54
Operating Income	-0.17	3.31	5.82	6.67	6.64
Interest Expense	-3.7	-3.8	-3.87	-3.84	-4.15
Interest & Investment Income	0.32	0.26	0.19	0.06	0
Currency Exchange Gain (Loss)	0.02	-0.03	-0	-0.01	-0
Other Non-Operating Income	11.8	-12.91	-1.36	-8.29	-2.45
EBT Excluding Unusual Items	8.28	-13.18	0.77	-5.42	0.05
Gain (Loss) on Sale of Assets	0.2	0.6	-	-	0.73
Asset Writedown	-0.45	-3.62	-1.23	4.18	1.88
Pretax Income	8.04	-16.2	-0.46	-1.24	2.66
Income Tax Expense	0.17	-0.75	-	-0.65	0.05
Net Income	7.87	-15.45	-0.46	-0.59	2.61
Net Income to Common	7.87	-15.45	-0.46	-0.59	2.61
Net Income Growth	-	-	-	-	631.26%
Basic Shares Outstanding	41	40	39	37	35
Diluted Shares Outstanding	286	40	39	37	281
Shares Change (YoY)	617.45%	3.02%	3.57%	-86.69%	0.42%
EPS (Basic)	0.19	-0.39	-0.01	-0.02	0.07
EPS (Diluted)	0.03	-0.39	-0.01	-0.02	0.01
EPS Growth	-	-	-	-	800.80%
Operating Margin	-0.59%	10.26%	16.80%	18.64%	19.44%
Profit Margin	28.03%	-47.95%	-1.33%	-1.66%	7.64%
EBITDA	3.68	7.59	10.67	11.41	11.09
EBITDA Margin	13.10%	23.56%	30.81%	31.92%	32.44%
D&A For Ebitda	3.84	4.29	4.85	4.75	4.44
EBIT	-0.17	3.31	5.82	6.67	6.64
EBIT Margin	-0.59%	10.26%	16.80%	18.64%	19.44%
Funds From Operations (FFO)	0.48	4.24	7.12	7.71	6.97
FFO Per Share	0.00	0.01	0.03	0.03	0.03
Adjusted Funds From Operations (AFFO)	-0.45	3.1	5.87	6.42	5.87
AFFO Per Share	-0.00	0.01	0.02	0.02	0.02
Effective Tax Rate	2.12%	-	-	-	1.84%
Revenue as Reported	28.07	32.23	34.63	35.76	34.18

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.