Filing Flows › MacKenzie Realty Capital (MKZR) › Q4 FY25
MacKenzie Realty Capital (MKZR) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Sep 29, 2025
MacKenzie Realty Capital (MKZR) reported revenue of $4.8M for the fourth quarter fiscal 2025 (Q4 FY25), +6% from a year earlier and +12% from the quarter before. Operating margin was -117.3%, net loss $6.0M (125.1% of revenue).
MacKenzie Realty Capital, Q4 FY25: revenue $4.8M (+6% year over year), operating margin -117.3%, net loss $6.0M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.8M | +12% | +6% |
| Operating profit | −$5.6M | — | — |
| Net earnings | −$6.0M | — | — |
| Operating cash flow | −$1.6M | — | — |
What changed
Revenue was $4.8M in Q4 FY25, up 6% year over year and up 12% from the previous quarter.
Operating costs exceeded revenue by $5.6M, an operating margin of -117.3%. Total costs grew 46% against revenue growth of 6%. The fastest-growing cost line was General & admin (+195%). The quarter ended with a net loss of $6.0M, narrower than the previous quarter's $6.1M loss.
Operating cash flow was −$1.6M. Non-cash charges added back $4.3M of depreciation and amortization.
Questions
What was MacKenzie Realty Capital's revenue in the fourth quarter fiscal 2025?
MacKenzie Realty Capital (MKZR) reported revenue of $4.8M for the fourth quarter fiscal 2025 (Q4 FY25), +6% from a year earlier and +12% from the quarter before.
Was MacKenzie Realty Capital profitable in the fourth quarter fiscal 2025?
Operating loss was $5.6M (-117.3% of revenue) and net loss $6.0M.