Filing Flows › MacKenzie Realty Capital (MKZR) › Q2 FY25
MacKenzie Realty Capital (MKZR) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Feb 14, 2025
MacKenzie Realty Capital (MKZR) reported revenue of $8.0M for the second quarter fiscal 2025 (Q2 FY25), +124% from a year earlier and +62% from the quarter before. Operating margin was -56.7%, net loss $4.5M (55.5% of revenue).
MacKenzie Realty Capital, Q2 FY25: revenue $8.0M (+124% year over year), operating margin -56.7%, net loss $4.5M, operating cash flow $1.9M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.0M | +62% | +124% |
| Operating profit | −$4.6M | — | — |
| Net earnings | −$4.5M | — | — |
| Operating cash flow | $1.9M | +191% | — |
What changed
Revenue was $8.0M in Q2 FY25, up 124% year over year and up 62% from the previous quarter.
Operating costs exceeded revenue by $4.6M, an operating margin of -56.7%. Total costs grew 112% against revenue growth of 124%. The fastest-growing cost line was Other operating costs (+117%). The quarter ended with a net loss of $4.5M, narrower than the previous quarter's $7.4M loss.
Operating cash flow was $1.9M. Non-cash charges added back $2.2M of depreciation and amortization. Working capital and other items added $4.2M.
Questions
What was MacKenzie Realty Capital's revenue in the second quarter fiscal 2025?
MacKenzie Realty Capital (MKZR) reported revenue of $8.0M for the second quarter fiscal 2025 (Q2 FY25), +124% from a year earlier and +62% from the quarter before.
Was MacKenzie Realty Capital profitable in the second quarter fiscal 2025?
Operating loss was $4.6M (-56.7% of revenue) and net loss $4.5M.