PRO Real Estate Investment Trust
TSX:PRV.UN
Income Statement
Earnings Waterfall
PRO Real Estate Investment Trust
Revenue
|
99.9m
CAD
|
Cost of Revenue
|
-42m
CAD
|
Gross Profit
|
57.9m
CAD
|
Operating Expenses
|
-8.9m
CAD
|
Operating Income
|
49m
CAD
|
Other Expenses
|
-23.1m
CAD
|
Net Income
|
25.9m
CAD
|
Income Statement
PRO 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 |
2
N/A
|
3
+121%
|
5
+47%
|
6
+28%
|
9
+42%
|
11
+22%
|
13
+16%
|
16
+23%
|
18
+13%
|
20
+10%
|
22
+9%
|
22
+3%
|
23
+2%
|
25
+8%
|
26
+6%
|
28
+5%
|
30
+8%
|
32
+6%
|
34
+6%
|
37
+10%
|
41
+11%
|
45
+10%
|
49
+10%
|
53
+6%
|
58
+10%
|
62
+7%
|
65
+6%
|
70
+6%
|
70
+0%
|
69
0%
|
70
+1%
|
72
+3%
|
78
+7%
|
85
+9%
|
91
+7%
|
95
+5%
|
97
+2%
|
98
+1%
|
99
+1%
|
99
0%
|
100
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(0)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(13)
|
(14)
|
(15)
|
(16)
|
(18)
|
(19)
|
(22)
|
(24)
|
(27)
|
(29)
|
(29)
|
(29)
|
(29)
|
(29)
|
(31)
|
(34)
|
(37)
|
(39)
|
(39)
|
(40)
|
(41)
|
(42)
|
(42)
|
|
Gross Profit |
1
N/A
|
2
+110%
|
3
+42%
|
4
+29%
|
6
+41%
|
7
+21%
|
8
+18%
|
10
+23%
|
11
+12%
|
12
+10%
|
13
+9%
|
14
+3%
|
14
+2%
|
15
+8%
|
16
+6%
|
17
+5%
|
18
+8%
|
20
+7%
|
21
+7%
|
23
+11%
|
26
+12%
|
29
+10%
|
31
+9%
|
33
+6%
|
35
+7%
|
37
+5%
|
39
+4%
|
41
+5%
|
41
0%
|
40
-1%
|
41
+2%
|
43
+4%
|
46
+8%
|
50
+9%
|
54
+7%
|
57
+5%
|
58
+2%
|
58
+1%
|
58
+0%
|
58
-1%
|
58
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(3)
|
(5)
|
(5)
|
(7)
|
(3)
|
(1)
|
(2)
|
(4)
|
(8)
|
(8)
|
(8)
|
(7)
|
(8)
|
(5)
|
(5)
|
(6)
|
(8)
|
(9)
|
(8)
|
(9)
|
|
Selling, General & Administrative |
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(7)
|
(7)
|
(9)
|
(4)
|
(2)
|
(2)
|
(4)
|
(8)
|
(9)
|
(8)
|
(7)
|
(8)
|
(6)
|
(5)
|
(6)
|
(8)
|
(10)
|
(9)
|
(9)
|
|
Depreciation & Amortization |
(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)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
3
|
3
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
Operating Income |
1
N/A
|
1
+86%
|
3
+106%
|
3
+29%
|
5
+46%
|
6
+25%
|
7
+18%
|
9
+24%
|
10
+13%
|
11
+9%
|
12
+8%
|
12
+3%
|
12
+2%
|
12
0%
|
13
+7%
|
15
+14%
|
16
+6%
|
17
+10%
|
18
+4%
|
21
+14%
|
24
+18%
|
26
+6%
|
26
+2%
|
28
+5%
|
29
+4%
|
35
+21%
|
38
+8%
|
39
+3%
|
37
-5%
|
32
-12%
|
33
+1%
|
35
+6%
|
39
+13%
|
43
+9%
|
49
+14%
|
51
+6%
|
52
+2%
|
51
-3%
|
49
-3%
|
49
0%
|
49
0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
6
|
6
|
5
|
3
|
0
|
(2)
|
(1)
|
(2)
|
(5)
|
(3)
|
(6)
|
(7)
|
(5)
|
(6)
|
(6)
|
(5)
|
(6)
|
(7)
|
(8)
|
(2)
|
(4)
|
(7)
|
(2)
|
(6)
|
(12)
|
(0)
|
(13)
|
(22)
|
(16)
|
(27)
|
(13)
|
(10)
|
45
|
85
|
79
|
92
|
33
|
0
|
(8)
|
(17)
|
(23)
|
|
Non-Reccuring Items |
(0)
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
6
N/A
|
7
+20%
|
7
-8%
|
6
-7%
|
5
-20%
|
4
-23%
|
6
+47%
|
7
+17%
|
5
-24%
|
8
+46%
|
6
-22%
|
4
-30%
|
7
+63%
|
6
-7%
|
7
+14%
|
10
+43%
|
10
0%
|
9
-6%
|
10
+2%
|
17
+77%
|
19
+9%
|
17
-9%
|
23
+35%
|
20
-13%
|
16
-18%
|
34
+105%
|
24
-29%
|
16
-32%
|
21
+30%
|
5
-78%
|
18
+304%
|
23
+26%
|
82
+253%
|
127
+55%
|
128
+1%
|
143
+12%
|
84
-41%
|
51
-40%
|
41
-20%
|
33
-20%
|
26
-20%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
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
|
|
Income from Continuing Operations |
6
|
7
|
7
|
6
|
5
|
4
|
6
|
7
|
5
|
8
|
6
|
4
|
7
|
6
|
7
|
10
|
10
|
9
|
10
|
17
|
19
|
17
|
23
|
20
|
16
|
34
|
24
|
16
|
21
|
5
|
18
|
23
|
82
|
127
|
128
|
143
|
84
|
51
|
41
|
33
|
26
|
|
Net Income (Common) |
6
N/A
|
7
+20%
|
7
-8%
|
6
-7%
|
5
-20%
|
4
-23%
|
6
+47%
|
7
+17%
|
5
-24%
|
8
+46%
|
6
-22%
|
4
-30%
|
7
+63%
|
6
-7%
|
7
+14%
|
10
+43%
|
10
0%
|
9
-6%
|
10
+2%
|
17
+77%
|
19
+9%
|
17
-9%
|
23
+35%
|
20
-13%
|
16
-18%
|
34
+105%
|
24
-29%
|
16
-32%
|
21
+30%
|
5
-78%
|
18
+304%
|
23
+26%
|
82
+253%
|
127
+55%
|
128
+1%
|
143
+12%
|
84
-41%
|
51
-40%
|
41
-20%
|
33
-20%
|
26
-20%
|
|
EPS (Diluted) |
3.21
N/A
|
2.08
-35%
|
1.96
-6%
|
1.76
-10%
|
1.09
-38%
|
0.48
-56%
|
0.66
+38%
|
0.62
-6%
|
0.53
-15%
|
0.64
+21%
|
0.51
-20%
|
0.35
-31%
|
0.53
+51%
|
0.38
-28%
|
0.41
+8%
|
0.49
+20%
|
0.54
+10%
|
0.4
-26%
|
0.38
-5%
|
0.66
+74%
|
0.7
+6%
|
0.54
-23%
|
0.71
+31%
|
0.55
-23%
|
0.46
-16%
|
0.82
+78%
|
0.61
-26%
|
0.4
-34%
|
0.52
+30%
|
0.11
-79%
|
0.38
+245%
|
0.46
+21%
|
1.64
+257%
|
2.06
+26%
|
2.09
+1%
|
2.33
+11%
|
1.36
-42%
|
0.82
-40%
|
0.66
-20%
|
0.52
-21%
|
0.42
-19%
|