<span item_type="fundamental" item_id="579ba3810caf0f25fe632dd6c72ee1c5" counter_id="ST/US/MKZR" env="prod"></span><span item_type="announcement" item_id="516475230307554049" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 17.26 M.</p><p>EPS: As of FY2025 Q3, the actual value is USD -1.47.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Rental, Reimbursements and Other Property Income</strong>: For the three months ended March 31, 2025, revenue was $4,273,646, compared to $4,079,036 for the same period in 2024. For the nine months ended March 31, 2025, revenue was $17,256,191, compared to $11,216,503 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1550913/000114036125019315/ef20047665_10q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Loss</strong>: For the three months ended March 31, 2025, the net loss was -$6,093,080, compared to -$2,948,261 for the same period in 2024. For the nine months ended March 31, 2025, the net loss was -$17,959,483, compared to -$8,710,568 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1550913/000114036125019315/ef20047665_10q.htm"></span></li><li><strong>Operating Loss</strong>: For the three months ended March 31, 2025, the operating loss was -$5,830,470, compared to -$2,677,886 for the same period in 2024. For the nine months ended March 31, 2025, the operating loss was -$17,826,378, compared to -$7,292,688 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1550913/000114036125019315/ef20047665_10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash from Operating Activities</strong>: For the nine months ended March 31, 2025, net cash from operating activities was -$53,089, compared to $157,541 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1550913/000114036125019315/ef20047665_10q.htm"></span></li><li><strong>Net Cash from Investing Activities</strong>: For the nine months ended March 31, 2025, net cash from investing activities was -$14,266,865, compared to $747,945 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1550913/000114036125019315/ef20047665_10q.htm"></span></li><li><strong>Net Cash from Financing Activities</strong>: For the nine months ended March 31, 2025, net cash from financing activities was $6,698,760, compared to -$2,897,971 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1550913/000114036125019315/ef20047665_10q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Impairment Loss</strong>: An impairment loss of $9,500,167 was recorded for the nine months ended March 31, 2025, related to the Main Street West Office Building due to an early lease termination and maturity default of the debt secured by the property.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1550913/000114036125019315/ef20047665_10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company continues to focus on investing primarily in real estate assets, with a strategy to maintain less than 20% of its portfolio in illiquid or non-traded debt and equity securities issued by U.S. companies owning commercial real estate.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1550913/000114036125019315/ef20047665_10q.htm"></span></li><li><strong>Non-Core Business</strong>: The company has been involved in various acquisitions and consolidations, such as the acquisition of Green Valley Medical Center and the formation of new entities like MRC Aurora, LLC, to expand its real estate portfolio.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1550913/000114036125019315/ef20047665_10q.htm"></span></li></ul>

Mackenzie Realty Capital | 10-Q: FY2025 Q3 Revenue: USD 17.26 M