MacKenzie Realty Capital Inc (MKZR)

Real Estate | REIT Diversified
Income Statement (Quarterly) 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenue 4,273,646 7,974,648 4,952,229 4,519,600
Cost of Revenue 2,753,561 2,570,195 2,726,055 2,657,344
Gross Profit 1,520,085 5,460,121 2,226,174 1,862,256
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 2,052,537 775,562 1,086,900 595,417
Operating Expenses 7,350,555 10,015,053 9,667,150 4,487,246
Operating Income -5,830,470 -4,554,932 -7,440,976 -2,624,990
Interest Expense 2,661,864 1,968,113 1,891,709 1,747,751
Income Before Tax -6,093,080 -4,458,134 -7,408,269 -2,513,264
Income Tax Expense 0 0 0 0
Net Income -6,545,266 -4,929,221 -7,810,265 -2,881,530
Per Share
EPS -0.47 -0.39 -0.61 -0.22
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-06-30 2024-06-30
Revenue 21,855,727 15,736,103
Cost of Revenue 7,386,050 9,748,240
Gross Profit -7,386,050 5,987,863
Operating Expenses
R&D Expenses 0 0
SG&A Expenses 4,403,822 2,561,468
Operating Expenses 38,135,837 15,905,541
Operating Income -45,521,887 -9,917,678
Interest Expense 8,524,581 6,124,395
Income Before Tax -27,336,880 -11,223,832
Income Tax Expense 0 0
Net Income -23,970,277 -12,077,497
Per Share
EPS -18.66 -1.00
EPS Diluted 0.00 0.00
Balance Sheet (Quarterly) 2025-06-30 2024-06-30
Assets
Cash and Cash Equivalents 3,788,082 11,854,946
Short Term Investments 0 0
Net Receivables 0 1,415,943
Inventory 0 0
Total Current Assets 3,788,082 14,493,282
Property Plant Equipment 0 0
Goodwill and Intangibles 13,015,058 0
Total Assets 224,533,572 233,087,768
Liabilities
Account Payables 0 2,425,471
Short Term Debt 135,391,101 0
Total Current Liabilities 135,391,101 4,910,912
Long Term Debt 0 118,496,288
Total Liabilities 142,450,735 125,138,676
Shareholders Equity
Retained Earnings -85,192,267 -54,715,347
Total Shareholders Equity 59,858,623 82,358,347
Balance Sheet (Annual) 2025-06-30 2024-06-30
Assets
Cash and Cash Equivalents 3,788,082 11,854,946
Short Term Investments 0 0
Net Receivables 0 1,415,943
Inventory 0 0
Total Current Assets 3,788,082 14,493,282
Property Plant Equipment 0 0
Goodwill and Intangibles 13,015,058 0
Total Assets 224,533,572 233,087,768
Liabilities
Account Payables 0 2,425,471
Short Term Debt 135,391,101 0
Total Current Liabilities 135,391,101 4,910,912
Long Term Debt 0 118,496,288
Total Liabilities 142,450,735 125,138,676
Shareholders Equity
Retained Earnings -85,192,267 -54,715,347
Total Shareholders Equity 59,858,623 82,358,347
Cash Flow Statement (Quarterly) 2025-06-30 2024-06-30
Operating Activities
Net Income -23,970,277 -11,223,832
Depreciation & Amortization 11,432,557 7,153,411
Stock Based Compensation 628,137 0
Change in Working Capital -544,128 361,656
Operating Cash Flow -1,690,102 -595,517
Investing Activities
Capital Expenditure 0 0
Investments 0 0
Investing Cash Flow -19,120,309 -1,299,740
Financing Activities
Debt Repayment 7,524,728 1,678,637
Common Stock Issued/Repurchased 8,197,516 -1,475,044
Dividends Paid -4,802,866 -6,078,066
Financing Cash Flow 11,849,393 -3,168,423
Summary
Free Cash Flow -1,690,102 -595,517
Net Change in Cash -8,961,018 -5,063,680
Cash Flow Statement (Annual) 2025-06-30 2024-06-30
Operating Activities
Net Income -23,970,277 -11,223,832
Depreciation & Amortization 11,432,557 7,153,411
Stock Based Compensation 628,137 0
Change in Working Capital -544,128 361,656
Operating Cash Flow -1,690,102 -595,517
Investing Activities
Capital Expenditure 0 0
Investments 0 0
Investing Cash Flow -19,120,309 -1,299,740
Financing Activities
Debt Repayment 7,524,728 1,678,637
Common Stock Issued/Repurchased 8,197,516 -1,475,044
Dividends Paid -4,802,866 -6,078,066
Financing Cash Flow 11,849,393 -3,168,423
Summary
Free Cash Flow -1,690,102 -595,517
Net Change in Cash -8,961,018 -5,063,680