NASDAQ : MKZR
MacKenzie Realty Capital, Inc. — Financial statements
Real Estate · REIT - Diversified · United States
Last price 1.03 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 2.87M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Rental Revenue | 20.01M | 20.01M | 22.06M | 15.74M | 15.11M | 10.37M |
| Other Revenue | 430.01K | 430.01K | -764.91K | 1.83M | 2.58M | 9.96M |
| Total Revenue | 20.44M | 20.44M | 21.29M | 17.56M | 17.69M | 20.33M |
| Property Expenses | 11.50M | 11.50M | 10.84M | 9.75M | 12.03M | 8.88M |
| Selling, General & Administrative | 3.38M | 3.38M | 5.22M | 2.56M | 2.36M | 1.96M |
| Depreciation & Amortization | 9.14M | 9.14M | 11.43M | 7.15M | 5.27M | 4.54M |
| Total Operating Expenses | 24.02M | 24.02M | 27.49M | 19.46M | 19.67M | 15.39M |
| Operating Income | -3.58M | -3.58M | -6.20M | -1.90M | -1.98M | 4.94M |
| Interest Expense | -9.92M | -9.92M | -8.52M | -6.12M | -7.10M | -2.35M |
| Interest & Investment Income | 242.48K | 242.48K | 74.84K | 581.03K | 535.20K | 2.39M |
| Other Non-Operating Income | -6.14K | -66.27K | -92.00K | -106.40K | ||
| EBT Excluding Unusual Items | -13.25M | -13.25M | -14.65M | -7.51M | -8.64M | 4.87M |
| Gain (Loss) on Sale of Investments | 813.65K | 813.65K | 181.84K | -3.71M | -1.42M | 8.78M |
| Gain (Loss) on Sale of Assets | -1.69M | -1.69M | -8.47M | -9.37M | ||
| Asset Writedown | -9.50M | |||||
| Other Unusual Items | 14.84M | |||||
| Pretax Income | -14.13M | -14.13M | -23.97M | -11.22M | -3.69M | 4.28M |
| Earnings From Continuing Operations | -14.13M | -14.13M | -23.97M | -11.22M | -3.69M | 4.28M |
| Minority Interest in Earnings | -3.41M | -3.41M | -1.95M | -853.66K | -405.48K | 285.29K |
| Net Income | -17.54M | -17.54M | -25.92M | -12.08M | -4.10M | 4.56M |
| Preferred Dividends & Other Adjustments | 1.56M | 1.56M | 1.42M | 1.15M | 695.60K | 56.93K |
| Net Income to Common | -19.11M | -19.11M | -27.34M | -13.23M | -4.79M | 4.51M |
| Basic Shares Outstanding | 2.00M | 2.00M | 1.47M | 1.33M | 1.33M | 1.33M |
| Diluted Shares Outstanding | 2.00M | 2.00M | 1.47M | 1.33M | 1.33M | 1.33M |
| EPS (Basic) | -9.54 | -9.54 | -18.66 | -9.95 | -3.61 | 3.38 |
| EPS (Diluted) | -9.54 | -9.54 | -18.66 | -9.95 | -3.61 | 3.38 |
| Dividend Per Share | 2.25 | 5.00 | 4.50 | 3.40 | ||
| Operating Margin | -17.51% | -17.51% | -29.10% | -10.82% | -11.20% | 24.30% |
| Profit Margin | -93.48% | -93.48% | -128.37% | -75.33% | -27.10% | 22.17% |
| EBITDA | 5.40M | 5.40M | 4.69M | 4.91M | 2.82M | 9.32M |
| EBITDA Margin | 26.43% | 26.43% | 22.04% | 27.98% | 15.94% | 45.85% |
| D&A For Ebitda | 8.98M | 8.98M | 10.89M | 6.81M | 4.80M | 4.38M |
| EBIT | -3.58M | -3.58M | -6.20M | -1.90M | -1.98M | 4.94M |
| EBIT Margin | -17.51% | -17.51% | -29.10% | -10.82% | -11.20% | 24.30% |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Property, Plant & Equipment | 212.69M | 212.69M | 212.77M | 211.27M | 170.72M | 97.42M |
| Cash & Equivalents | 3.52M | 3.52M | 3.63M | 11.85M | 17.24M | 7.40M |
| Accounts Receivable | 2.87M | 2.87M | 2.23M | 1.42M | 1.21M | 1.50M |
| Restricted Cash | 202.89K | 202.89K | 328.24K | 1.22M | 898.24K | 1.09M |
| Other Current Assets | 11.11M | 11.11M | 13.16M | 1.28M | 846.42K | 17.56M |
| Other Long-Term Assets | 4.90M | 4.90M | 3.87M | 6.04M | 22.25M | 57.59M |
| Total Assets | 235.29M | 235.29M | 235.99M | 233.09M | 213.16M | 182.56M |
| Current Portion of Long-Term Debt | 36.48M | 36.48M | ||||
| Current Portion of Leases | 320.92K | 320.92K | ||||
| Long-Term Debt | 109.25M | 109.25M | 132.43M | 115.32M | 92.90M | 68.37M |
| Long-Term Leases | 1.35M | 1.35M | 1.90M | 1.89M | 628.42K | |
| Accounts Payable | 3.36M | 3.36M | 4.51M | 2.43M | 1.39M | 2.94M |
| Accrued Expenses | 1.75M | 1.75M | 118.08K | 91.99K | 5.23K | 214.09K |
| Other Current Liabilities | 1.84M | 1.84M | 1.43M | 2.39M | 2.17M | 2.16M |
| Long-Term Unearned Revenue | 1.49M | 1.49M | 1.51M | 1.43M | 1.16M | 443.01K |
| Other Long-Term Liabilities | 221.01K | 221.01K | 543.88K | 1.58M | 3.90M | 4.21M |
| Total Liabilities | 156.06M | 156.06M | 142.45M | 125.14M | 102.15M | 78.34M |
| Preferred Stock, Convertible | 90.00 | 90.00 | 89.00 | 81.00 | 67.00 | 12.00 |
| Common Stock | 251.00 | 251.00 | 158.00 | 133.00 | 1.32K | 1.32K |
| Additional Paid-In Capital | 148.07M | 148.07M | 145.05M | 137.07M | 133.76M | 121.96M |
| Retained Earnings | -104.30M | -104.30M | -85.19M | -54.72M | -34.86M | -24.11M |
| Total Common Equity | 43.78M | 43.78M | 59.86M | 82.36M | 98.91M | 97.85M |
| Minority Interest | 35.45M | 35.45M | 33.68M | 25.59M | 12.10M | 6.37M |
| Shareholders' Equity | 79.23M | 79.23M | 93.54M | 107.95M | 111.01M | 104.22M |
| Total Liabilities & Equity | 235.29M | 235.29M | 235.99M | 233.09M | 213.16M | 182.56M |
| Total Debt | 147.40M | 147.40M | 134.33M | 117.21M | 93.53M | 68.37M |
| Net Cash (Debt) | -143.89M | -143.89M | -130.70M | -105.36M | -76.29M | -60.97M |
| Net Cash Per Share | -71.87 | -71.87 | -89.21 | -79.26 | -57.43 | -45.70 |
| Filing Date Shares Outstanding | 2.77M | 2.77M | 1.77M | 1.34M | 1.33M | 1.33M |
| Total Common Shares Outstanding | 2.51M | 2.51M | 1.58M | 1.33M | 1.32M | 1.33M |
| Book Value Per Share | 17.42 | 17.42 | 37.93 | 61.91 | 74.69 | 73.83 |
| Tangible Book Value | 43.78M | 43.78M | 59.86M | 82.36M | 98.91M | 97.85M |
| Tangible Book Value Per Share | 17.42 | 17.42 | 37.93 | 61.91 | 74.69 | 73.83 |
| Land | 42.57M | 42.57M | 42.57M | 42.76M | 37.16M | 32.12M |
| Buildings | 189.05M | 189.05M | 182.88M | 171.49M | 132.48M | 64.18M |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -17.54M | -17.54M | -25.92M | -12.08M | -4.10M | 4.56M |
| Depreciation & Amortization | 8.98M | 8.98M | 10.89M | 6.81M | 4.80M | 4.38M |
| Other Amortization | 1.37M | 1.37M | 1.38M | 1.43M | 948.55K | 23.15K |
| Gain (Loss) on Sale of Assets | 1.69M | 1.69M | 8.47M | 9.37M | ||
| Gain (Loss) on Sale of Investments | -814.71K | -814.71K | -181.84K | 3.71M | 1.42M | -8.78M |
| Asset Writedown | 9.50M | |||||
| Stock-Based Compensation | 37.36K | 37.36K | 628.14K | |||
| Income (Loss) on Equity Investments | -421.70K | -421.70K | 767.07K | -1.56M | -1.22M | -7.44M |
| Change in Accounts Receivable | -514.24K | -514.24K | -890.10K | 67.55K | 1.42M | 15.04K |
| Change in Accounts Payable | -1.09M | -1.09M | 144.38K | 743.50K | -1.95M | 2.35M |
| Change in Other Net Operating Assets | 1.81M | 1.81M | 151.20K | -399.47K | -1.13M | 320.70K |
| Other Operating Activities | 3.21M | 3.21M | 1.79M | 721.03K | -14.50M | -304.46K |
| Operating Cash Flow | -3.31M | -3.31M | -1.69M | -595.52K | -6.62M | 4.62M |
| Acquisition of Real Estate Assets | -9.15M | -9.15M | -18.90M | -10.24M | -18.70M | -63.24M |
| Sale of Real Estate Assets | 8.70M | |||||
| Net Sale / Acq. of Real Estate Assets | -9.15M | -9.15M | -18.90M | -10.24M | -10.00M | -63.24M |
| Investment in Marketable & Equity Securities | 14.09K | 14.09K | -220.88K | 10.44M | 26.47M | 31.08M |
| Other Investing Activities | -1.50M | -1.15M | ||||
| Investing Cash Flow | -9.14M | -9.14M | -19.12M | -1.30M | 15.31M | -32.16M |
| Long-Term Debt Issued | 26.84M | 26.84M | 59.18M | 3.49M | 3.23M | 34.45M |
| Total Debt Issued | 26.84M | 26.84M | 59.18M | 3.49M | 3.23M | 34.45M |
| Long-Term Debt Repaid | -13.98M | -13.98M | -49.33M | -1.81M | -8.90M | -3.96M |
| Total Debt Repaid | -13.98M | -13.98M | -49.33M | -1.81M | -8.90M | -3.96M |
| Net Debt Issued (Repaid) | 12.86M | 12.86M | 9.85M | 1.68M | -5.67M | 30.49M |
| Issuance of Common Stock | 317.12K | 317.12K | 3.79M | 453.60K | 85.00K | |
| Repurchase of Common Stock | -1.78K | -1.78K | -24.00 | -1.40M | -1.59M | -1.43M |
| Preferred Stock Issued | 2.86M | 2.86M | 1.87M | 3.37M | 13.41M | 2.94M |
| Preferred Share Repurchases | -31.85K | |||||
| Common Dividends Paid | -4.80M | -5.18M | -3.85M | |||
| Preferred Dividends Paid | -1.06M | -1.06M | -993.12K | -897.27K | -620.22K | |
| Common & Preferred Dividends Paid | -2.82M | |||||
| Total Dividends Paid | -1.06M | -1.06M | -5.80M | -6.08M | -4.47M | -2.82M |
| Other Financing Activities | -2.84M | -2.84M | 2.13M | -738.69K | -1.65M | -483.17K |
| Net Cash Flow | -307.59K | -307.59K | -8.96M | -5.06M | 9.14M | 1.24M |
| Levered Free Cash Flow | 4.36M | 4.36M | -6.95M | 3.60M | 15.52M | -4.50M |
| Unlevered Free Cash Flow | 9.20M | 9.20M | -3.00M | 6.00M | 19.00M | -3.05M |
| Cash Interest Paid | 7.99M | 7.99M | 7.20M | 4.58M | 5.74M | 2.25M |
| Change in Working Capital | 188.03K | 188.03K | -544.13K | 361.66K | -2.45M | 2.81M |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.87M | 3.86M | 10.57M | 40.57M | ||
| Enterprise Value | 146.75M | 180.12M | 166.76M | 155.36M | ||
| Last Close Price | 1.03 | 1.71 | 6.70 | 28.17 | ||
| PS Ratio | 0.14 | 0.19 | 0.50 | 2.31 | ||
| PB Ratio | 0.06 | 0.05 | 0.11 | 0.38 | ||
| EV/Sales Ratio | 7.18 | 8.81 | 7.83 | 8.85 | ||
| EV/EBITDA Ratio | 27.17 | 33.35 | 35.54 | 31.62 | ||
| Debt / Equity Ratio | 1.86 | 1.86 | 1.44 | 1.09 | 0.84 | 0.66 |
| Debt / EBITDA Ratio | 27.29 | 27.29 | 28.63 | 23.85 | 33.17 | 7.34 |
| Net Debt / Equity Ratio | 1.82 | 1.82 | 1.40 | 0.98 | 0.69 | 0.58 |
| Net Debt / EBITDA Ratio | 26.64 | 26.64 | 27.85 | 21.44 | 27.06 | 6.54 |
| Asset Turnover | 0.09 | 0.09 | 0.09 | 0.08 | 0.09 | 0.13 |
| Quick Ratio | 0.15 | 0.15 | 0.97 | 2.70 | 5.18 | 1.67 |
| Current Ratio | 0.41 | 0.41 | 3.19 | 3.21 | 5.67 | 5.18 |
| Return on Equity (ROE) | -16.35% | -16.35% | -23.79% | -10.25% | -3.43% | 4.25% |
| Return on Assets (ROA) | -0.95% | -0.95% | -1.65% | -0.53% | -0.62% | 1.92% |
| Return on Invested Capital (ROIC) | -1.56% | -1.57% | -2.73% | -0.88% | -1.05% | 3.20% |
| Earnings Yield | -926.53% | -454.87% | -245.09% | -29.77% | ||
| Dividend Yield | 33.58% | 16.39% | ||||
| Payout Ratio | 61.87% | |||||
| Buyback Yield / Dilution | -36.65% | -36.65% | -10.21% | -0.08% | 0.43% | -1.24% |
| Total Shareholder Return | -36.65% | -36.65% | 23.37% | 16.32% | 0.43% | -1.24% |