Primaris Real Estate Investment Trust
TSX:PMZ.UN
Income Statement
Earnings Waterfall
Primaris Real Estate Investment Trust
Revenue
|
411m
CAD
|
Cost of Revenue
|
-177.3m
CAD
|
Gross Profit
|
233.6m
CAD
|
Operating Expenses
|
-36.7m
CAD
|
Operating Income
|
196.9m
CAD
|
Other Expenses
|
-94.7m
CAD
|
Net Income
|
102.3m
CAD
|
Income Statement
Primaris Real Estate Investment Trust
Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue |
248
N/A
|
216
-13%
|
252
+17%
|
346
+37%
|
380
+10%
|
385
+1%
|
386
+0%
|
397
+3%
|
411
+4%
|
|
Gross Profit | ||||||||||
Cost of Revenue |
(106)
|
(97)
|
(113)
|
(153)
|
(168)
|
(169)
|
(169)
|
(174)
|
(177)
|
|
Gross Profit |
142
N/A
|
119
-16%
|
139
+16%
|
193
+39%
|
212
+10%
|
216
+2%
|
217
+1%
|
223
+3%
|
234
+5%
|
|
Operating Income | ||||||||||
Operating Expenses |
(14)
|
(18)
|
(23)
|
(29)
|
(28)
|
(31)
|
(31)
|
(32)
|
(37)
|
|
Selling, General & Administrative |
(13)
|
(13)
|
(18)
|
(24)
|
(28)
|
(29)
|
(30)
|
(31)
|
(31)
|
|
Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
|
Other Operating Expenses |
0
|
(5)
|
(5)
|
(5)
|
1
|
0
|
0
|
0
|
(4)
|
|
Operating Income |
128
N/A
|
101
-21%
|
116
+15%
|
164
+41%
|
184
+12%
|
185
+1%
|
186
+0%
|
191
+3%
|
197
+3%
|
|
Pre-Tax Income | ||||||||||
Interest Income Expense |
215
|
(58)
|
(85)
|
(154)
|
(199)
|
(193)
|
(166)
|
(130)
|
(92)
|
|
Non-Reccuring Items |
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
|
Total Other Income |
3
|
2
|
1
|
2
|
4
|
2
|
2
|
1
|
(0)
|
|
Pre-Tax Income |
341
N/A
|
45
-87%
|
32
-28%
|
12
-63%
|
(12)
N/A
|
(7)
+46%
|
22
N/A
|
63
+186%
|
102
+63%
|
|
Net Income | ||||||||||
Income from Continuing Operations |
341
|
45
|
32
|
12
|
(12)
|
(7)
|
22
|
63
|
102
|
|
Net Income (Common) |
341
N/A
|
45
-87%
|
32
-28%
|
12
-63%
|
(12)
N/A
|
(7)
+46%
|
22
N/A
|
63
+186%
|
102
+63%
|
|
EPS (Diluted) |
3.36
N/A
|
0.45
-87%
|
0.32
-29%
|
0.11
-66%
|
-0.12
N/A
|
-0.06
+50%
|
0.23
N/A
|
0.64
+178%
|
1.03
+61%
|