Financials in USD. Standardized financial statements.
A compact view of how True North Commercial Real Estate Investment Trust turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $130.01M | $126.91M | $132.20M | $143.57M | $138.52M | $139.43M | $106.46M | $87.07M | $56.01M | $41.35M |
| Revenue Growth? | +2.4% | -4.0% | -7.9% | +3.6% | -0.7% | +31.0% | +22.3% | +55.4% | +35.5% | 0.0% |
| Cost of Revenue? | $63.13M | $61.09M | $59.66M | $57.09M | $55.90M | $55.69M | $44.39M | $35.76M | $21.48M | $16.43M |
| Gross Profit? | $66.88M | $65.82M | $72.55M | $86.48M | $82.63M | $83.74M | $62.06M | $51.31M | $34.54M | $24.92M |
| Gross Margin? | +51.4% | +51.9% | +54.9% | +60.2% | +59.6% | +60.1% | +58.3% | +58.9% | +61.7% | +60.3% |
| Operating Expenses? | $6.17M | $5.83M | $5.64M | $6.05M | $6.91M | $5.76M | $5.53M | $3.10M | $2.57M | $2.11M |
| Operating Income? | $60.71M | $59.99M | $66.91M | $80.43M | $68.92M | $78.30M | $46.01M | $65.68M | $31.97M | $22.81M |
| EBITDA? | $58,952 | $10.86M | -$7.80M | $81.87M | $140.91M | $78.30M | $101.67M | $64.92M | $37.94M | $15.49M |
| Income Before Tax | -$32.55M | -$20.95M | -$40.62M | $16.53M | $51.00M | $39.75M | $24.18M | $49.62M | $28.75M | -$101,000 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $33.53M | $0 | $0 |
| Net Income? | -$32.55M | -$20.95M | -$40.62M | -$18.51M | $29.14M | $10.55M | $13.67M | $49.62M | $28.75M | -$101,000 |
| EPS? | $-2.33 | $-1.47 | $-2.47 | $-1.14 | $0.33 | $0.12 | $0.18 | $0.87 | $0.70 | $-0.00 |
| Diluted EPS? | $-2.33 | $-1.47 | $-2.47 | $-1.13 | $0.33 | $0.12 | $0.18 | $0.87 | $0.70 | $-0.00 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality