earnings
confidence high
sentiment positive
materiality 0.55
MacKenzie Realty Capital returns to positive FFO of $2.8M in Q2 FY2025; revenue up 124%
MacKenzie Realty Capital, Inc.
2025-Q2 EPS reported
-$1.00
revenue$12,982,545
- Positive FFO of $2.8M vs negative prior year; net loss of $4.5M due to $5.1M impairment.
- Net revenue $8.0M (+124% YoY) helped by $3.0M early termination fee from anchor tenant.
- Net operating income $6.3M (+205% YoY); quarterly dividend maintained at $0.05/share.
- Total shareholder equity $97.7M; operating expenses declined as percentage of revenue and assets.