Filing Flows › MacKenzie Realty Capital (MKZR) › Q3 FY25
MacKenzie Realty Capital (MKZR) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 15, 2025
MacKenzie Realty Capital (MKZR) reported revenue of $4.3M for the third quarter fiscal 2025 (Q3 FY25), +5% from a year earlier and -47% from the quarter before. Operating margin was -136.4%, net loss $6.1M (142.6% of revenue).
MacKenzie Realty Capital, Q3 FY25: revenue $4.3M (+5% year over year), operating margin -136.4%, net loss $6.1M, operating cash flow −$2.6M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.3M | -47% | +5% |
| Operating profit | −$5.8M | — | — |
| Net earnings | −$6.1M | — | — |
| Operating cash flow | −$2.6M | -237% | — |
What changed
Revenue was $4.3M in Q3 FY25, up 5% year over year and down 47% from the previous quarter.
Operating costs exceeded revenue by $5.8M, an operating margin of -136.4%. Total costs grew 50% against revenue growth of 5%. The fastest-growing cost line was General & admin (+253%). The quarter ended with a net loss of $6.1M, wider than the previous quarter's $4.5M loss.
Operating cash flow was −$2.6M. Non-cash charges added back $2.6M of depreciation and amortization and $200K of share-based compensation. Working capital and other items added $689K.
Questions
What was MacKenzie Realty Capital's revenue in the third quarter fiscal 2025?
MacKenzie Realty Capital (MKZR) reported revenue of $4.3M for the third quarter fiscal 2025 (Q3 FY25), +5% from a year earlier and -47% from the quarter before.
Was MacKenzie Realty Capital profitable in the third quarter fiscal 2025?
Operating loss was $5.8M (-136.4% of revenue) and net loss $6.1M.