Canadian Net Real Estate Investment Trust (TSXV:NET.UN)
5.51
-0.04 (-0.72%)
At close: Dec 5, 2025
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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Rental Revenue | 27.44 | 26.12 | 26.55 | 24.73 | 18.95 | 12.98 | Upgrade
|
| Other Revenue | 1.07 | 1.86 | 3.08 | -0.9 | 2.97 | 2.52 | Upgrade
|
| Total Revenue | 28.51 | 27.99 | 29.63 | 23.83 | 21.92 | 15.5 | Upgrade
|
| Revenue Growth (YoY | -2.87% | -5.54% | 24.34% | 8.71% | 41.41% | 67.71% | Upgrade
|
| Property Expenses | 7.63 | 7.21 | 7.12 | 6.36 | 4.63 | 3.12 | Upgrade
|
| Selling, General & Administrative | 1.08 | 1.25 | 1.02 | 0.89 | 0.81 | 0.73 | Upgrade
|
| Total Operating Expenses | 9.59 | 9.22 | 8.68 | 7.85 | 5.75 | 3.88 | Upgrade
|
| Operating Income | 18.92 | 18.76 | 20.95 | 15.98 | 16.17 | 11.62 | Upgrade
|
| Interest Expense | -7.39 | -7.32 | -7.64 | -6.58 | -4.68 | -3.25 | Upgrade
|
| Interest & Investment Income | 0.32 | 0.39 | 0.39 | 0.32 | 0.24 | 0.23 | Upgrade
|
| Other Non-Operating Income | -0.09 | -0.07 | 0.21 | 0.53 | 0.08 | 0.9 | Upgrade
|
| EBT Excluding Unusual Items | 11.76 | 11.76 | 13.91 | 10.24 | 11.82 | 9.49 | Upgrade
|
| Gain (Loss) on Sale of Assets | - | - | - | - | 0.06 | -0.18 | Upgrade
|
| Asset Writedown | 1.53 | -4.76 | 4.32 | -16.74 | 13.36 | 0.31 | Upgrade
|
| Other Unusual Items | 0.09 | - | - | - | - | - | Upgrade
|
| Pretax Income | 13.38 | 7.01 | 18.23 | -6.5 | 25.24 | 9.62 | Upgrade
|
| Income Tax Expense | -0.1 | -0.1 | 0.01 | -0 | 0.15 | 0 | Upgrade
|
| Earnings From Continuing Operations | 13.48 | 7.1 | 18.22 | -6.49 | 25.09 | 9.62 | Upgrade
|
| Net Income | 13.48 | 7.1 | 18.22 | -6.49 | 25.09 | 9.62 | Upgrade
|
| Net Income to Common | 13.48 | 7.1 | 18.22 | -6.49 | 25.09 | 9.62 | Upgrade
|
| Net Income Growth | 39.55% | -61.02% | - | - | 160.78% | 135.74% | Upgrade
|
| Basic Shares Outstanding | 21 | 21 | 21 | 21 | 19 | 15 | Upgrade
|
| Diluted Shares Outstanding | 21 | 21 | 21 | 21 | 19 | 15 | Upgrade
|
| Shares Change (YoY) | 0.17% | -0.06% | 0.25% | 10.44% | 23.20% | 34.89% | Upgrade
|
| EPS (Basic) | 0.65 | 0.35 | 0.89 | -0.32 | 1.35 | 0.66 | Upgrade
|
| EPS (Diluted) | 0.65 | 0.35 | 0.89 | -0.32 | 1.35 | 0.65 | Upgrade
|
| EPS Growth | 39.31% | -60.99% | - | - | 106.83% | 78.87% | Upgrade
|
| Dividend Per Share | 0.346 | 0.345 | 0.345 | 0.340 | 0.300 | 0.256 | Upgrade
|
| Dividend Growth | 0.29% | - | 1.47% | 13.33% | 17.37% | 15.14% | Upgrade
|
| Operating Margin | 66.36% | 67.05% | 70.70% | 67.05% | 73.76% | 74.94% | Upgrade
|
| Profit Margin | 47.28% | 25.38% | 61.50% | -27.25% | 114.46% | 62.07% | Upgrade
|
| EBIT | 18.92 | 18.76 | 20.95 | 15.98 | 16.17 | 11.62 | Upgrade
|
| EBIT Margin | 66.36% | 67.05% | 70.70% | 67.05% | 73.76% | 74.94% | Upgrade
|
| Funds From Operations (FFO) | 13.42 | 12.36 | 13.06 | 13.04 | 10.79 | 7.13 | Upgrade
|
| Adjusted Funds From Operations (AFFO) | - | 11.59 | 11.72 | 12.15 | 10.03 | 6.56 | Upgrade
|
| FFO Payout Ratio | 53.10% | 57.39% | 54.33% | 53.43% | 51.68% | 52.67% | Upgrade
|
| Effective Tax Rate | - | - | 0.03% | - | 0.58% | 0.02% | Upgrade
|
Source: S&P Capital IQ. Real Estate template. Financial Sources.