Sun Residential Real Estate Investment Trust (TSXV:SRES)

TSXV:SRES Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	5.91	5.88	5.78	5.46	4.95	4.36
Total Revenue	5.91	5.88	5.78	5.46	4.95	4.36
Revenue Growth (YoY	1.23%	1.68%	5.87%	10.39%	13.53%	-
Property Expenses	2.83	2.78	2.77	2.5	2.11	1.91
Selling, General & Administrative	0.19	0.19	0.2	0.15	0.15	0.53
Other Operating Expenses	0.13	0.13	0.13	0.18	0.18	-
Total Operating Expenses	3.15	3.1	3.1	2.83	2.44	2.44
Operating Income	2.76	2.78	2.68	2.63	2.5	1.92
Interest Expense	-1.12	-1.13	-1.12	-1.12	-1.12	-1.04
Currency Exchange Gain (Loss)	-0	-0.01	0.01	-0	-0	-0.04
Other Non-Operating Income	0.08	0.08	0.11	0.01	-0.04	-0.02
EBT Excluding Unusual Items	1.71	1.73	1.69	1.52	1.34	0.82
Asset Writedown	-1.01	-1.08	-11.65	5.17	12.43	-0.59
Pretax Income	0.7	0.65	-9.96	6.69	13.77	0.23
Income Tax Expense	-0.11	-0.09	-1.42	0.75	1.65	-
Earnings From Continuing Operations	0.81	0.74	-8.55	5.94	12.12	0.23
Minority Interest in Earnings	-0.84	-0.67	4.77	-3.45	-6.95	-0.42
Net Income	-0.02	0.06	-3.77	2.48	5.17	-0.18
Net Income to Common	-0.02	0.06	-3.77	2.48	5.17	-0.18
Net Income Growth	-	-	-	-52.02%	-	-
Basic Shares Outstanding	203	203	203	203	203	192
Diluted Shares Outstanding	203	203	203	203	203	192
Shares Change (YoY)	-	-	-	-	5.69%	914.32%
EPS (Basic)	-0.00	0.00	-0.02	0.01	0.03	-0.00
EPS (Diluted)	-0.00	0.00	-0.02	0.01	0.03	-0.00
EPS Growth	-	-	-	-52.02%	-	-
Dividend Per Share	0.003	0.003	0.003	-	-	-
Dividend Growth	-9.63%	-8.20%	-	-	-	-
Operating Margin	46.69%	47.32%	46.36%	48.25%	50.61%	44.08%
Profit Margin	-0.38%	1.07%	-65.28%	45.46%	104.59%	-4.15%
EBIT	2.76	2.78	2.68	2.63	2.5	1.92
EBIT Margin	46.69%	47.32%	46.36%	48.25%	50.61%	44.08%
Funds From Operations (FFO)	0.74	0.75	0.73	0.6	0.48	-
Adjusted Funds From Operations (AFFO)	-	0.66	0.64	0.36	0.47	-
FFO Payout Ratio	75.25%	74.58%	79.51%	-	-	-
Effective Tax Rate	-	-	-	11.24%	11.97%	-

Updated Feb 4, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.