Flagship Communities Real Estate Investment Trust
TSX:MHC.U
Income Statement
Earnings Waterfall
Flagship Communities Real Estate Investment Trust
Revenue
|
71.1m
USD
|
Cost of Revenue
|
-24.1m
USD
|
Gross Profit
|
46.9m
USD
|
Operating Expenses
|
-6.2m
USD
|
Operating Income
|
40.7m
USD
|
Other Expenses
|
24.4m
USD
|
Net Income
|
65.1m
USD
|
Income Statement
Flagship Communities Real Estate Investment Trust
Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||
Revenue |
39
N/A
|
43
+10%
|
47
+9%
|
52
+10%
|
55
+7%
|
59
+6%
|
62
+5%
|
65
+5%
|
68
+5%
|
71
+5%
|
|
Gross Profit | |||||||||||
Cost of Revenue |
(13)
|
(14)
|
(16)
|
(17)
|
(19)
|
(20)
|
(21)
|
(22)
|
(23)
|
(24)
|
|
Gross Profit |
26
N/A
|
29
+10%
|
31
+10%
|
35
+10%
|
37
+7%
|
39
+6%
|
41
+5%
|
43
+5%
|
45
+5%
|
47
+4%
|
|
Operating Income | |||||||||||
Operating Expenses |
(28)
|
(36)
|
(38)
|
(1)
|
11
|
10
|
9
|
(12)
|
(8)
|
(6)
|
|
Selling, General & Administrative |
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
|
Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Other Operating Expenses |
(23)
|
(30)
|
(31)
|
6
|
18
|
18
|
17
|
(3)
|
2
|
3
|
|
Operating Income |
(2)
N/A
|
(8)
-243%
|
(6)
+19%
|
34
N/A
|
48
+41%
|
49
+2%
|
50
+1%
|
31
-38%
|
37
+22%
|
41
+10%
|
|
Pre-Tax Income | |||||||||||
Interest Income Expense |
15
|
68
|
62
|
50
|
49
|
(6)
|
7
|
21
|
29
|
24
|
|
Non-Reccuring Items |
41
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
54
N/A
|
60
+11%
|
56
-7%
|
84
+50%
|
97
+16%
|
43
-56%
|
56
+32%
|
52
-8%
|
66
+27%
|
65
-1%
|
|
Net Income | |||||||||||
Income from Continuing Operations |
54
|
60
|
56
|
84
|
97
|
43
|
56
|
52
|
66
|
65
|
|
Net Income (Common) |
54
N/A
|
60
+11%
|
56
-7%
|
84
+50%
|
97
+16%
|
43
-56%
|
56
+32%
|
52
-8%
|
66
+27%
|
65
-1%
|
|
EPS (Diluted) |
3.13
N/A
|
3.91
+25%
|
2.84
-27%
|
4.26
+50%
|
4.92
+15%
|
2.17
-56%
|
2.86
+32%
|
2.46
-14%
|
3.11
+26%
|
3.13
+1%
|