Quarterly ResultMay 15, 2026, 03:27 PM
MacKenzie Realty Capital Q3 Net Loss $(2.04)M, EPS $(0.98)
AI Summary
MacKenzie Realty Capital reported a significant reduction in its net loss attributable to common stockholders for the third quarter and nine months ended March 31, 2026. The company's revenue for the quarter increased, contributing to the improved bottom line. However, total stockholders' equity decreased, and net cash used in operating activities for the nine-month period worsened considerably compared to the previous year.
Key Highlights
- Net loss attributable to common stockholders for Q3 2026 significantly improved to $(2,044,591) from $(6,911,399) in Q3 2025.
- Basic and diluted net loss per share for Q3 2026 was $(0.98), an improvement from $(4.68) in Q3 2025.
- Revenue for the three months ended March 31, 2026, increased by 27.33% to $5,441,504 from $4,273,646 in the prior year.
- For the nine months ended March 31, 2026, net loss attributable to common stockholders improved to $(11,637,478) from $(20,333,578) in the prior year.
- Total assets increased to $239,440,124 as of March 31, 2026, from $235,992,178 as of June 30, 2025.
- Total stockholders’ equity decreased to $50,761,564 as of March 31, 2026, from $59,858,623 as of June 30, 2025.
- Net cash used in operating activities for the nine months ended March 31, 2026, was $(2,755,870), compared to $(53,089) in the prior year.
Price Impact
More from MKZR