Income Statement (TTM)
Primaris Real Estate Investment Trust Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 12-31 |
2021 03-31 |
2021 06-30 |
2021 09-30 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 270 | 265 | 257 | 250 | 248 | 279 | 314 | 346 | 380 | 385 | 386 | 397 | 411 | 434 | 458 | 484 | 502 | 533 | 564 |
| Change (%) | -2.01 | -3.05 | -2.48 | -0.99 | 12.37 | 12.88 | 10.16 | 9.73 | 1.21 | 0.42 | 2.76 | 3.53 | 5.56 | 5.54 | 5.79 | 3.62 | 6.18 | 5.77 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 142 | 129 | 113 | 108 | 106 | 122 | 138 | 153 | 168 | 169 | 169 | 174 | 177 | 188 | 197 | 207 | 213 | 226 | 241 |
| Change (%) | -8.83 | -12.32 | -5.03 | -1.24 | 14.85 | 13.28 | 10.69 | 9.94 | 0.46 | 0.14 | 2.60 | 2.10 | 5.87 | 5.05 | 4.92 | 2.73 | 6.40 | 6.73 | |
| % of Revenue | 52.46 | 48.81 | 44.14 | 42.99 | 42.88 | 43.82 | 43.98 | 44.19 | 44.28 | 43.95 | 43.83 | 43.76 | 43.15 | 43.28 | 43.08 | 42.72 | 42.35 | 42.44 | 42.83 |
| Gross Operating Profit | 128 | 136 | 143 | 143 | 142 | 156 | 176 | 193 | 212 | 216 | 217 | 223 | 234 | 246 | 261 | 277 | 289 | 307 | 322 |
| Change (%) | 5.51 | 5.79 | -0.47 | -0.80 | 10.52 | 12.57 | 9.74 | 9.56 | 1.80 | 0.64 | 2.89 | 4.64 | 5.33 | 5.92 | 6.46 | 4.29 | 6.01 | 5.06 | |
| % of Revenue | 47.54 | 51.19 | 55.86 | 57.01 | 57.12 | 56.18 | 56.02 | 55.81 | 55.72 | 56.05 | 56.17 | 56.24 | 56.85 | 56.72 | 56.92 | 57.28 | 57.65 | 57.56 | 57.17 |
| SG&A | 10 | 13 | 16 | 14 | 13 | 16 | 19 | 22 | 27 | 28 | 30 | 31 | 30 | 32 | 32 | 35 | 37 | 37 | 38 |
| Change (%) | 30.85 | 22.33 | -12.98 | -3.84 | 17.42 | 19.68 | 18.20 | 22.47 | 3.67 | 6.20 | 3.03 | -1.69 | 6.26 | -1.15 | 11.24 | 5.36 | -1.14 | 4.09 | |
| % of Revenue | 3.67 | 4.90 | 6.18 | 5.51 | 5.35 | 5.59 | 5.93 | 6.36 | 7.10 | 7.28 | 7.70 | 7.72 | 7.33 | 7.38 | 6.91 | 7.26 | 7.39 | 6.88 | 6.77 |
| R&D | |||||||||||||||||||
| Change (%) | |||||||||||||||||||
| % of Revenue | |||||||||||||||||||
| OpEx | 152 | 142 | 129 | 122 | 120 | 138 | 157 | 176 | 196 | 198 | 201 | 206 | 209 | 221 | 230 | 244 | 251 | 264 | 281 |
| Change (%) | -6.19 | -9.11 | -5.95 | -1.48 | 15.21 | 14.06 | 11.74 | 11.64 | 0.99 | 1.09 | 2.64 | 1.53 | 5.85 | 4.18 | 5.69 | 3.03 | 5.25 | 6.26 | |
| % of Revenue | 56.12 | 53.73 | 50.37 | 48.58 | 48.34 | 49.56 | 50.08 | 50.80 | 51.68 | 51.57 | 51.91 | 51.85 | 50.85 | 50.99 | 50.33 | 50.28 | 49.99 | 49.56 | 49.78 |
| Operating Income | 119 | 123 | 127 | 129 | 128 | 141 | 157 | 170 | 184 | 186 | 186 | 191 | 202 | 213 | 227 | 241 | 251 | 269 | 283 |
| Change (%) | 3.34 | 3.99 | 1.04 | -0.53 | 9.72 | 11.72 | 8.57 | 7.75 | 1.44 | -0.28 | 2.89 | 5.68 | 5.26 | 6.96 | 5.89 | 4.22 | 7.10 | 5.29 | |
| % of Revenue | 43.88 | 46.27 | 49.63 | 51.42 | 51.66 | 50.44 | 49.92 | 49.20 | 48.32 | 48.43 | 48.09 | 48.15 | 49.15 | 49.01 | 49.67 | 49.72 | 50.01 | 50.44 | 50.22 |
| Interest Expense | -23 | -23 | -22 | -21 | -19 | -20 | -23 | -27 | -34 | -39 | -44 | -50 | -59 | -70 | -80 | -92 | -99 | -108 | -117 |
| Change (%) | -0.92 | -3.39 | -5.65 | -6.79 | 3.16 | 16.83 | 18.19 | 22.77 | 16.88 | 11.45 | 14.95 | 17.78 | 17.00 | 15.30 | 14.47 | 8.01 | 8.92 | 8.09 | |
| % of Revenue | -8.47 | -8.57 | -8.54 | -8.26 | -7.78 | -7.14 | -7.39 | -7.93 | -8.87 | -10.24 | -11.37 | -12.72 | -14.47 | -16.04 | -17.52 | -18.96 | -19.76 | -20.27 | -20.71 |
| Net Income | -574 | -154 | 167 | 359 | 341 | 254 | 242 | 12 | -12 | -7 | 22 | 63 | 102 | 113 | 122 | 98 | 79 | 65 | 73 |
| Change (%) | -73.22 | -208.57 | 115.19 | -5.14 | -25.41 | -5.02 | -95.05 | -201.10 | -45.99 | -435.94 | 185.80 | 63.25 | 10.07 | 8.57 | -20.09 | -18.62 | -18.54 | 12.56 | |
| % of Revenue | -212.59 | -58.10 | 65.06 | 143.57 | 137.56 | 91.31 | 76.83 | 3.45 | -3.18 | -1.70 | 5.67 | 15.78 | 24.89 | 25.95 | 26.69 | 20.16 | 15.83 | 12.15 | 12.93 |
Source: Capital IQ
