Results Snapshot
Figures in Million
Consolidated - Profit And Loss Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
No of Months
12
12
12
12
12
12
Operating Income
354.00
344.00
331.00
278.00
245.00
248.00
Less :Inter divisional transfers
0.00
0.00
0.00
0.00
0.00
0.00
Less: Excise
0.00
0.00
0.00
0.00
0.00
0.00
Net Sales
354.00
344.00
331.00
278.00
245.00
248.00
Expenditure (Ex Depriciation)
Stock Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
Raw Materials Consumed
0.00
0.00
0.00
0.00
0.00
0.00
Power & Fuel Cost
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
0.00
0.00
0.00
0.00
0.00
Operating Expenses
79.00
70.00
64.00
53.00
49.00
51.00
General and Administration Expenses
2.00
2.00
2.00
2.00
2.00
2.00
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
Cost of Software developments
0.00
0.00
0.00
0.00
0.00
0.00
Miscellaneous Expenses
-7.00
-10.00
-12.00
-8.00
-11.00
-11.00
Expenses Capitalised
0.00
0.00
0.00
0.00
0.00
0.00
Total Expenditure
191.00
225.00
146.00
118.00
161.00
82.00
Operating Profit (PBDIT) excl Other Income
163.00
119.00
184.00
159.00
84.00
165.00
Other Income
-7.00
-10.00
-12.00
-8.00
-11.00
-11.00
Operating Profit (PBDIT)
156.00
108.00
172.00
151.00
72.00
154.00
Interest
79.00
70.00
64.00
53.00
49.00
51.00
Profit before Depriciation and Tax
0.00
0.00
0.00
0.00
0.00
0.00
Depreciation
0.00
0.00
0.00
0.00
0.00
0.00
Profit Before Taxation & Exceptional Items
114.00
97.00
187.00
306.00
307.00
174.00
Exceptional Income / Expenses
0.00
0.00
0.00
0.00
0.00
0.00
Profit Before Tax
114.00
97.00
187.00
306.00
307.00
174.00
Provision for Tax
10.00
13.00
8.00
70.00
65.00
-2.00
Profit After Tax
111.00
99.00
185.00
239.00
244.00
166.00
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
Adj to Profit After Tax
0.00
0.00
0.00
0.00
0.00
0.00
Profit Balance B/F
0.00
0.00
0.00
0.00
0.00
0.00
Profit Available for appropriations
0.00
0.00
0.00
0.00
0.00
0.00
Appropriations
0.00
0.00
0.00
0.00
0.00
0.00
Equity Dividend (%)
Earnings Per Share
1.88
1.80
3.01
3.62
4.00
2.90
Profit And Loss Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2025 is 3.04% vs 3.79% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is 37.25% vs -35.66% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is 12.27% vs 9.07% in Dec 2024
Profit After Tax
YoY Growth in year ended Dec 2025 is 12.21% vs -46.35% in Dec 2024
Compare Profit and Loss Results of Morguard North American Residential REIT
Figures in Million
consolidated - Profit And Loss Results
Change(CAD)
Change(%)
No of Months
12
12
Operating Income
354.00
201.00
153.00
76.12%
Less :Inter divisional transfers
0.00
0.00
0.00
0%
Less: Excise
0.00
0.00
0.00
0%
Net Sales
354.00
201.00
153.00
76.12%
Expenditure (Ex Depriciation)
Stock Adjustments
0.00
0.00
0.00
0%
Raw Materials Consumed
0.00
0.00
0.00
0%
Power & Fuel Cost
0.00
0.00
0.00
0%
Employee Cost
0.00
0.00
0.00
0%
Operating Expenses
79.00
54.00
25.00
46.30%
General and Administration Expenses
2.00
11.00
-9.00
-81.82%
Selling and Distribution Expenses
0.00
0.00
0.00
0%
Cost of Software developments
0.00
0.00
0.00
0%
Miscellaneous Expenses
-7.00
-24.00
17.00
70.83%
Expenses Capitalised
0.00
0.00
0.00
0%
Total Expenditure
191.00
205.00
-14.00
-6.83%
Operating Profit (PBDIT) excl Other Income
163.00
-4.00
167.00
4,175.00%
Other Income
-7.00
-11.00
4.00
36.36%
Operating Profit (PBDIT)
156.00
-16.00
172.00
1,075.00%
Interest
79.00
54.00
25.00
46.30%
Profit before Depriciation and Tax
0.00
0.00
0.00
0%
Depreciation
0.00
0.00
0.00
0%
Profit Before Taxation & Exceptional Items
114.00
-87.00
201.00
231.03%
Exceptional Income / Expenses
0.00
0.00
0.00
0%
Profit Before Tax
114.00
-87.00
201.00
231.03%
Provision for Tax
10.00
0.00
10.00
0%
Profit After Tax
111.00
-87.00
198.00
227.59%
Extraordinary Items
0.00
0.00
0.00
0%
Adj to Profit After Tax
0.00
0.00
0.00
0%
Profit Balance B/F
0.00
0.00
0.00
0%
Profit Available for appropriations
0.00
0.00
0.00
0%
Appropriations
0.00
0.00
0.00
0%
Equity Dividend (%)
0%
0%
0.00
Earnings Per Share
1.8758
-1.9954
3.87
194.01%
Profit And Loss - Net Sales
Net Sales 354.65 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 3.04% vs 3.79% in Dec 2024
Profit And Loss - Operating Profit (PBDIT)
Operating Profit (PBDIT) 163.36 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 37.25% vs -35.66% in Dec 2024
Profit And Loss - Interest
Interest 79.39 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 12.27% vs 9.07% in Dec 2024
Profit And Loss - Profit After Tax
Profit After Tax 111.53 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 12.21% vs -46.35% in Dec 2024






