Melcor Real Estate Investment Trust
TSX:MR.UN
Income Statement
Earnings Waterfall
Melcor Real Estate Investment Trust
Revenue
|
73.9m
CAD
|
Cost of Revenue
|
-31.2m
CAD
|
Gross Profit
|
42.7m
CAD
|
Operating Expenses
|
-3.1m
CAD
|
Operating Income
|
39.5m
CAD
|
Other Expenses
|
-23.2m
CAD
|
Net Income
|
16.3m
CAD
|
Income Statement
Melcor Real Estate Investment Trust
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | 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
|
40
+2%
|
42
+3%
|
43
+3%
|
45
+4%
|
50
+13%
|
55
+10%
|
60
+9%
|
65
+9%
|
66
+1%
|
66
+1%
|
67
+1%
|
66
-1%
|
66
+1%
|
66
0%
|
67
+1%
|
67
+0%
|
68
+2%
|
69
+1%
|
69
+1%
|
70
+2%
|
70
0%
|
70
0%
|
70
+0%
|
71
+1%
|
73
+2%
|
73
+1%
|
74
+1%
|
75
+1%
|
75
+0%
|
75
0%
|
74
0%
|
74
0%
|
74
-1%
|
74
+0%
|
74
+0%
|
74
+0%
|
74
+0%
|
74
0%
|
74
+0%
|
74
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(16)
|
(16)
|
(17)
|
(17)
|
(18)
|
(20)
|
(22)
|
(24)
|
(26)
|
(26)
|
(26)
|
(26)
|
(26)
|
(26)
|
(26)
|
(26)
|
(27)
|
(27)
|
(27)
|
(28)
|
(28)
|
(28)
|
(28)
|
(28)
|
(29)
|
(30)
|
(29)
|
(32)
|
(32)
|
(32)
|
(32)
|
(30)
|
(30)
|
(30)
|
(31)
|
(31)
|
(31)
|
(31)
|
(31)
|
(31)
|
(31)
|
|
Gross Profit |
23
N/A
|
24
+2%
|
25
+3%
|
26
+4%
|
27
+5%
|
30
+13%
|
33
+10%
|
37
+10%
|
40
+9%
|
40
+1%
|
41
+1%
|
41
+0%
|
40
-1%
|
40
+0%
|
40
-1%
|
40
+0%
|
40
0%
|
41
+1%
|
41
+1%
|
41
+0%
|
42
+2%
|
42
0%
|
42
0%
|
42
+1%
|
42
+1%
|
43
+1%
|
44
+2%
|
42
-3%
|
43
+1%
|
43
+1%
|
43
-1%
|
44
+4%
|
44
-1%
|
43
-1%
|
43
0%
|
43
+0%
|
43
+0%
|
43
-1%
|
43
0%
|
43
+0%
|
43
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
Selling, General & Administrative |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
22
N/A
|
23
+3%
|
23
+3%
|
24
+4%
|
25
+4%
|
28
+13%
|
31
+12%
|
34
+10%
|
38
+9%
|
38
+1%
|
38
+1%
|
38
+0%
|
38
-1%
|
38
+0%
|
38
-1%
|
38
+1%
|
38
-1%
|
38
+1%
|
39
+1%
|
39
0%
|
39
+2%
|
39
0%
|
39
-1%
|
39
+1%
|
40
+1%
|
40
+1%
|
41
+2%
|
39
-4%
|
40
+1%
|
41
+3%
|
41
-1%
|
41
+2%
|
41
-1%
|
40
-2%
|
40
-1%
|
40
0%
|
40
0%
|
39
-1%
|
39
+0%
|
39
+0%
|
40
+0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
5
|
1
|
3
|
(1)
|
0
|
11
|
3
|
9
|
13
|
(10)
|
(15)
|
(26)
|
(39)
|
(43)
|
(40)
|
(36)
|
(27)
|
(4)
|
(5)
|
(6)
|
(12)
|
(19)
|
(17)
|
(18)
|
(30)
|
51
|
(11)
|
(16)
|
(28)
|
(137)
|
(81)
|
(72)
|
(50)
|
(31)
|
(8)
|
4
|
(2)
|
8
|
(3)
|
(16)
|
(15)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(4)
|
(6)
|
(7)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(9)
|
(8)
|
(7)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(8)
|
|
Pre-Tax Income |
22
N/A
|
17
-23%
|
20
+13%
|
16
-17%
|
18
+12%
|
31
+68%
|
26
-17%
|
34
+34%
|
41
+20%
|
18
-57%
|
14
-24%
|
2
-82%
|
(11)
N/A
|
(15)
-31%
|
(12)
+16%
|
(8)
+34%
|
1
N/A
|
24
+3 155%
|
24
+0%
|
23
-5%
|
18
-22%
|
11
-40%
|
12
+16%
|
11
-6%
|
(0)
N/A
|
81
N/A
|
20
-75%
|
16
-20%
|
6
-65%
|
(103)
N/A
|
(46)
+55%
|
(37)
+20%
|
(16)
+56%
|
2
N/A
|
24
+1 405%
|
36
+48%
|
30
-18%
|
40
+34%
|
29
-27%
|
17
-42%
|
16
-3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
40
|
41
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
63
|
59
|
20
|
16
|
18
|
31
|
26
|
34
|
41
|
18
|
14
|
2
|
(11)
|
(15)
|
(12)
|
(8)
|
1
|
24
|
24
|
23
|
18
|
11
|
12
|
11
|
(0)
|
81
|
20
|
16
|
6
|
(103)
|
(46)
|
(37)
|
(16)
|
2
|
24
|
36
|
30
|
40
|
29
|
17
|
16
|
|
Net Income (Common) |
63
N/A
|
59
-6%
|
20
-67%
|
16
-17%
|
18
+12%
|
31
+68%
|
26
-17%
|
34
+34%
|
41
+20%
|
18
-57%
|
14
-24%
|
2
-82%
|
(11)
N/A
|
(15)
-31%
|
(12)
+16%
|
(8)
+34%
|
1
N/A
|
24
+3 155%
|
24
+0%
|
23
-5%
|
18
-22%
|
11
-40%
|
12
+16%
|
11
-6%
|
(0)
N/A
|
81
N/A
|
20
-75%
|
16
-20%
|
6
-65%
|
(103)
N/A
|
(46)
+55%
|
(37)
+20%
|
(16)
+56%
|
2
N/A
|
24
+1 405%
|
36
+48%
|
30
-18%
|
40
+34%
|
29
-27%
|
17
-42%
|
16
-3%
|
|
EPS (Diluted) |
6.87
N/A
|
6.43
-6%
|
0.96
-85%
|
0.76
-21%
|
0.87
+14%
|
0.34
-61%
|
2.3
+576%
|
1.19
-48%
|
1.43
+20%
|
1.59
+11%
|
1.21
-24%
|
0.21
-83%
|
-1
N/A
|
-1.32
-32%
|
-1.11
+16%
|
-0.73
+34%
|
0.02
N/A
|
1.8
+8 900%
|
1.8
N/A
|
0.8
-56%
|
0.62
-23%
|
0.79
+27%
|
0.93
+18%
|
0.87
-6%
|
-0.04
N/A
|
2.76
N/A
|
1.54
-44%
|
1.24
-19%
|
0.19
-85%
|
-7.86
N/A
|
-3.57
+55%
|
-1.02
+71%
|
-1.25
-23%
|
0.12
N/A
|
0.83
+592%
|
0.99
+19%
|
1.01
+2%
|
1.36
+35%
|
0.99
-27%
|
0.48
-52%
|
0.56
+17%
|