| Income Statement | 2025-09-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|
| Rental, reimbursements and other property income | 4,539,062 | 4,273,646 | 8,030,316 | 4,952,229 |
| Depreciation and amortization | 2,197,528 | 2,634,617 | 2,175,924 | 2,280,756 |
| Interest expense | 2,018,535 | 2,661,864 | 1,968,113 | 1,891,709 |
| Property operating and maintenance | 1,888,104 | 1,889,737 | 1,711,617 | 1,877,597 |
| Asset management fees to related party (note 7) | 884,766 | 863,824 | 858,578 | 848,458 |
| General and administrative | 352,705 | 895,587 | 406,145 | 433,717 |
| Professional fees | 426,809 | 933,624 | 137,617 | 428,016 |
| Administrative cost reimbursements to related party (note 7) | 220,250 | 167,463 | 167,464 | 167,464 |
| Directors fees | 38,250 | 55,863 | 64,336 | 57,703 |
| Transfer agent cost reimbursements to related party (note 7) | 0 | 1,537 | 1,536 | 1,536 |
| Impairment loss | 0 | - | 5,093,918 | 4,406,249 |
| Total operating expenses | 8,026,947 | 10,104,116 | 12,585,248 | 12,393,205 |
| Operating loss | -3,487,885 | -5,830,470 | -4,554,932 | -7,440,976 |
| Dividend and distribution income from equity securities at fair value | 63,263 | 12,418 | 11,546 | 23,989 |
| Net unrealized gain (loss) on equity securities at fair value | 1,104,493 | 14,938 | -18,567 | -2,553 |
| Net unrealized gain on securities sold, not yet purchased, at fair value | 4,228 | - | - | - |
| Net loss from equity method investments at fair value | -27,086 | -308,396 | 40,974 | -140,099 |
| Net realized income (loss) from investments | -703,907 | 18,430 | 62,845 | 151,370 |
| Net loss | -3,046,894 | -6,093,080 | -4,458,134 | -7,408,269 |
| Net income attributable to non-controlling interests | 657,637 | 452,186 | 471,087 | 401,996 |
| Net income attributable to preferred stockholders series a, b and c | 381,101 | 366,133 | 350,279 | 332,414 |
| Net loss attributable to common stockholders | -4,085,632 | -6,911,399 | -5,279,500 | -8,142,679 |
| Basic weighted average common shares outstanding (in shares) | 1,856,160 | 14,764,100 | 13,448,336 | 13,345,967 |
| Diluted weighted average common shares outstanding (in shares) | 1,856,160 | 14,764,100 | - | 13,345,967.15 |
| Net loss per share attributable to common stockholders, basic (in dollars per share) | -2.2 | -0.47 | -0.39 | -0.61 |
| Net loss per share attributable to common stockholders, diluted (in dollars per share) | -2.2 | -0.47 | - | -0.61 |
MacKenzie Realty Capital, Inc. (MKZR)
MacKenzie Realty Capital, Inc. (MKZR)