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

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Financial statements

Income statement

Fiscal year July - June; amounts in USD.

TTMFY2026FY2025FY2024FY2023FY2022
Rental Revenue20.01M20.01M22.06M15.74M15.11M10.37M
Other Revenue430.01K430.01K-764.91K1.83M2.58M9.96M
Total Revenue20.44M20.44M21.29M17.56M17.69M20.33M
Property Expenses11.50M11.50M10.84M9.75M12.03M8.88M
Selling, General & Administrative3.38M3.38M5.22M2.56M2.36M1.96M
Depreciation & Amortization9.14M9.14M11.43M7.15M5.27M4.54M
Total Operating Expenses24.02M24.02M27.49M19.46M19.67M15.39M
Operating Income-3.58M-3.58M-6.20M-1.90M-1.98M4.94M
Interest Expense-9.92M-9.92M-8.52M-6.12M-7.10M-2.35M
Interest & Investment Income242.48K242.48K74.84K581.03K535.20K2.39M
Other Non-Operating Income-6.14K-66.27K-92.00K-106.40K
EBT Excluding Unusual Items-13.25M-13.25M-14.65M-7.51M-8.64M4.87M
Gain (Loss) on Sale of Investments813.65K813.65K181.84K-3.71M-1.42M8.78M
Gain (Loss) on Sale of Assets-1.69M-1.69M-8.47M-9.37M
Asset Writedown-9.50M
Other Unusual Items14.84M
Pretax Income-14.13M-14.13M-23.97M-11.22M-3.69M4.28M
Earnings From Continuing Operations-14.13M-14.13M-23.97M-11.22M-3.69M4.28M
Minority Interest in Earnings-3.41M-3.41M-1.95M-853.66K-405.48K285.29K
Net Income-17.54M-17.54M-25.92M-12.08M-4.10M4.56M
Preferred Dividends & Other Adjustments1.56M1.56M1.42M1.15M695.60K56.93K
Net Income to Common-19.11M-19.11M-27.34M-13.23M-4.79M4.51M
Basic Shares Outstanding2.00M2.00M1.47M1.33M1.33M1.33M
Diluted Shares Outstanding2.00M2.00M1.47M1.33M1.33M1.33M
EPS (Basic)-9.54-9.54-18.66-9.95-3.613.38
EPS (Diluted)-9.54-9.54-18.66-9.95-3.613.38
Dividend Per Share2.255.004.503.40
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%
EBITDA5.40M5.40M4.69M4.91M2.82M9.32M
EBITDA Margin26.43%26.43%22.04%27.98%15.94%45.85%
D&A For Ebitda8.98M8.98M10.89M6.81M4.80M4.38M
EBIT-3.58M-3.58M-6.20M-1.90M-1.98M4.94M
EBIT Margin-17.51%-17.51%-29.10%-10.82%-11.20%24.30%

Balance sheet

Fiscal year July - June; amounts in USD.

TTMFY2026FY2025FY2024FY2023FY2022
Property, Plant & Equipment212.69M212.69M212.77M211.27M170.72M97.42M
Cash & Equivalents3.52M3.52M3.63M11.85M17.24M7.40M
Accounts Receivable2.87M2.87M2.23M1.42M1.21M1.50M
Restricted Cash202.89K202.89K328.24K1.22M898.24K1.09M
Other Current Assets11.11M11.11M13.16M1.28M846.42K17.56M
Other Long-Term Assets4.90M4.90M3.87M6.04M22.25M57.59M
Total Assets235.29M235.29M235.99M233.09M213.16M182.56M
Current Portion of Long-Term Debt36.48M36.48M
Current Portion of Leases320.92K320.92K
Long-Term Debt109.25M109.25M132.43M115.32M92.90M68.37M
Long-Term Leases1.35M1.35M1.90M1.89M628.42K
Accounts Payable3.36M3.36M4.51M2.43M1.39M2.94M
Accrued Expenses1.75M1.75M118.08K91.99K5.23K214.09K
Other Current Liabilities1.84M1.84M1.43M2.39M2.17M2.16M
Long-Term Unearned Revenue1.49M1.49M1.51M1.43M1.16M443.01K
Other Long-Term Liabilities221.01K221.01K543.88K1.58M3.90M4.21M
Total Liabilities156.06M156.06M142.45M125.14M102.15M78.34M
Preferred Stock, Convertible90.0090.0089.0081.0067.0012.00
Common Stock251.00251.00158.00133.001.32K1.32K
Additional Paid-In Capital148.07M148.07M145.05M137.07M133.76M121.96M
Retained Earnings-104.30M-104.30M-85.19M-54.72M-34.86M-24.11M
Total Common Equity43.78M43.78M59.86M82.36M98.91M97.85M
Minority Interest35.45M35.45M33.68M25.59M12.10M6.37M
Shareholders' Equity79.23M79.23M93.54M107.95M111.01M104.22M
Total Liabilities & Equity235.29M235.29M235.99M233.09M213.16M182.56M
Total Debt147.40M147.40M134.33M117.21M93.53M68.37M
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 Outstanding2.77M2.77M1.77M1.34M1.33M1.33M
Total Common Shares Outstanding2.51M2.51M1.58M1.33M1.32M1.33M
Book Value Per Share17.4217.4237.9361.9174.6973.83
Tangible Book Value43.78M43.78M59.86M82.36M98.91M97.85M
Tangible Book Value Per Share17.4217.4237.9361.9174.6973.83
Land42.57M42.57M42.57M42.76M37.16M32.12M
Buildings189.05M189.05M182.88M171.49M132.48M64.18M

Cash flow statement

Fiscal year July - June; amounts in USD.

TTMFY2026FY2025FY2024FY2023FY2022
Net Income-17.54M-17.54M-25.92M-12.08M-4.10M4.56M
Depreciation & Amortization8.98M8.98M10.89M6.81M4.80M4.38M
Other Amortization1.37M1.37M1.38M1.43M948.55K23.15K
Gain (Loss) on Sale of Assets1.69M1.69M8.47M9.37M
Gain (Loss) on Sale of Investments-814.71K-814.71K-181.84K3.71M1.42M-8.78M
Asset Writedown9.50M
Stock-Based Compensation37.36K37.36K628.14K
Income (Loss) on Equity Investments-421.70K-421.70K767.07K-1.56M-1.22M-7.44M
Change in Accounts Receivable-514.24K-514.24K-890.10K67.55K1.42M15.04K
Change in Accounts Payable-1.09M-1.09M144.38K743.50K-1.95M2.35M
Change in Other Net Operating Assets1.81M1.81M151.20K-399.47K-1.13M320.70K
Other Operating Activities3.21M3.21M1.79M721.03K-14.50M-304.46K
Operating Cash Flow-3.31M-3.31M-1.69M-595.52K-6.62M4.62M
Acquisition of Real Estate Assets-9.15M-9.15M-18.90M-10.24M-18.70M-63.24M
Sale of Real Estate Assets8.70M
Net Sale / Acq. of Real Estate Assets-9.15M-9.15M-18.90M-10.24M-10.00M-63.24M
Investment in Marketable & Equity Securities14.09K14.09K-220.88K10.44M26.47M31.08M
Other Investing Activities-1.50M-1.15M
Investing Cash Flow-9.14M-9.14M-19.12M-1.30M15.31M-32.16M
Long-Term Debt Issued26.84M26.84M59.18M3.49M3.23M34.45M
Total Debt Issued26.84M26.84M59.18M3.49M3.23M34.45M
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)12.86M12.86M9.85M1.68M-5.67M30.49M
Issuance of Common Stock317.12K317.12K3.79M453.60K85.00K
Repurchase of Common Stock-1.78K-1.78K-24.00-1.40M-1.59M-1.43M
Preferred Stock Issued2.86M2.86M1.87M3.37M13.41M2.94M
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-2.84M2.13M-738.69K-1.65M-483.17K
Net Cash Flow-307.59K-307.59K-8.96M-5.06M9.14M1.24M
Levered Free Cash Flow4.36M4.36M-6.95M3.60M15.52M-4.50M
Unlevered Free Cash Flow9.20M9.20M-3.00M6.00M19.00M-3.05M
Cash Interest Paid7.99M7.99M7.20M4.58M5.74M2.25M
Change in Working Capital188.03K188.03K-544.13K361.66K-2.45M2.81M

Ratios

Fiscal year July - June; amounts in USD.

TTMFY2026FY2025FY2024FY2023FY2022
Market Capitalization2.87M3.86M10.57M40.57M
Enterprise Value146.75M180.12M166.76M155.36M
Last Close Price1.031.716.7028.17
PS Ratio0.140.190.502.31
PB Ratio0.060.050.110.38
EV/Sales Ratio7.188.817.838.85
EV/EBITDA Ratio27.1733.3535.5431.62
Debt / Equity Ratio1.861.861.441.090.840.66
Debt / EBITDA Ratio27.2927.2928.6323.8533.177.34
Net Debt / Equity Ratio1.821.821.400.980.690.58
Net Debt / EBITDA Ratio26.6426.6427.8521.4427.066.54
Asset Turnover0.090.090.090.080.090.13
Quick Ratio0.150.150.972.705.181.67
Current Ratio0.410.413.193.215.675.18
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 Yield33.58%16.39%
Payout Ratio61.87%
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%