Financial Snapshot

Revenue
$12.61M
TTM
Gross Margin
56.83%
TTM
Net Earnings
-$11.91M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$102.0M
Q3 2024
Cash
Q3 2024
P/E
-4.670
Nov 13, 2024 EST
Free Cash Flow
-$2.035M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $15.74M $15.11M $10.37M $5.630M $3.469M $5.644M $6.980M $4.770M $2.640M $600.0K $620.0K $80.00K $0.00
YoY Change 4.16% 45.69% 84.18% 62.3% -38.54% -19.14% 46.33% 80.68% 340.0% -3.23% 675.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $15.74M $15.11M $10.37M $5.630M $3.469M $5.644M $6.980M $4.770M $2.640M $600.0K $620.0K $80.00K $0.00
Cost Of Revenue $9.030M $6.160M $2.330M $3.140M $4.700M $3.510M $2.080M $1.420M $910.0K $230.0K $150.0K $50.00K
Gross Profit $6.080M $4.210M $3.300M $5.590M $7.180M $3.470M $2.690M $1.220M -$310.0K $390.0K -$70.00K -$50.00K
Gross Profit Margin 40.25% 40.6% 58.61% 161.15% 127.21% 49.71% 56.39% 46.21% -51.67% 62.9% -87.5%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Selling, General & Admin $2.360M $1.960M $1.230M $1.080M $910.0K $830.0K $640.0K $410.0K $390.0K $290.0K $40.00K $0.00
YoY Change 20.41% 59.35% 13.89% 18.68% 9.64% 29.69% 56.1% 5.13% 34.48% 625.0%
% of Gross Profit 38.82% 46.56% 37.27% 19.32% 12.67% 23.92% 23.79% 33.61% 74.36%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.153M $5.274M $4.544M $2.190M
YoY Change 35.64% 16.05% 107.5%
% of Gross Profit 86.74% 107.94% 66.36%
Operating Expenses $25.65M $34.98M $17.85M $6.660M $5.261M $6.249M $1.240M $960.0K $410.0K $420.0K $690.0K $40.00K $0.00
YoY Change -26.66% 95.97% 168.01% 26.59% -15.8% 403.91% 29.17% 134.15% -2.38% -39.13% 1625.0%
Operating Profit -$9.918M -$19.87M -$7.481M -$3.360M $328.9K $931.5K $2.230M $1.730M $810.0K -$730.0K -$300.0K -$110.0K -$50.00K
YoY Change -50.1% 165.67% 122.64% -1121.54% -64.69% -58.23% 28.9% 113.58% -210.96% 143.33% 172.73% 120.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Interest Expense $7.100M $2.354M -$6.060M -$15.19M -$2.760M $8.540M $3.620M $2.790M $3.380M $830.0K $180.0K $0.00
YoY Change 201.56% -138.85% -60.11% 450.36% -132.32% 135.91% 29.75% -17.46% 307.23% 361.11%
% of Operating Profit -4618.2% -296.31% 382.96% 209.25% 344.44%
Other Income/Expense, Net $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Pretax Income -$3.690M $4.280M -$9.420M $3.469M $5.631M $10.77M $5.350M $3.600M $2.650M $530.0K $60.00K -$50.00K
YoY Change -186.21% -145.44% -371.56% -38.39% -47.72% 101.31% 48.61% 35.85% 400.0% 783.33% -220.0%
Income Tax $0.00 -$13.35K $0.00 $0.00 $0.00 -$190.0K $370.0K $0.00 $0.00
% Of Pretax Income 0.0% -0.24% 0.0% 0.0% 0.0% -7.17% 69.81% 0.0%
Net Earnings -$11.22M -$3.692M $4.280M -$9.400M -$11.73M $2.886M $10.77M $5.350M $3.600M $2.840M $160.0K $60.00K -$50.00K
YoY Change 204.01% -186.27% -145.53% -19.83% -506.36% -73.21% 101.31% 48.61% 26.76% 1675.0% 166.67% -220.0%
Net Earnings / Revenue -71.33% -24.44% 41.27% -166.96% -338.02% 51.12% 154.3% 112.16% 136.36% 473.33% 25.81% 75.0%
Basic Earnings Per Share -$1.00 -$0.36 $0.34 -$0.96 $0.29
Diluted Earnings Per Share -$1.00 -$0.36 $0.34 -$0.71 -$0.96 $0.29 $1.45 $1.03 $1.17 $1.84 $0.21 $0.24 -$1.25

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Cash & Short-Term Investments $17.20M $7.400M $4.800M $9.000M $1.300M $8.400M $11.80M $2.400M $4.300M $3.500M $300.0K $200.0K
YoY Change 132.43% 54.17% -46.67% 592.31% -84.52% -28.81% 391.67% -44.19% 22.86% 1066.67% 50.0%
Cash & Equivalents $9.000M $1.300M $8.400M $11.80M $2.400M $4.300M $3.500M $300.0K $200.0K
Short-Term Investments
Other Short-Term Assets $800.0K $100.0K $300.0K
YoY Change 700.0% -66.67%
Inventory
Prepaid Expenses
Receivables $1.100M $3.200M $5.900M $2.200M $400.0K $100.0K $0.00 $0.00 $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $19.20M $9.000M $7.100M $10.10M $4.500M $14.30M $14.00M $2.800M $4.400M $3.500M $300.0K $200.0K
YoY Change 113.33% 26.76% -29.7% 124.44% -68.53% 2.14% 400.0% -36.36% 25.71% 1066.67% 50.0%
Property, Plant & Equipment $170.7M $97.40M $58.00M
YoY Change 75.26% 67.93%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $22.20M $57.60M $70.50M $50.20M $64.80M $74.50M $47.90M $39.20M $18.60M $5.900M $6.900M $0.00
YoY Change -61.46% -18.3% 40.44% -22.53% -13.02% 55.53% 22.19% 110.75% 215.25% -14.49%
Other Assets $900.0K $18.60M $2.900M $43.80M $38.90M $300.0K $200.0K $0.00 $0.00 $400.0K $200.0K
YoY Change -95.16% 541.38% -93.38% 12.6% 12866.67% 50.0% -100.0% 100.0%
Total Long-Term Assets $194.0M $173.6M $131.5M $94.10M $103.9M $75.30M $48.50M $39.50M $18.80M $6.000M $7.300M $200.0K
YoY Change 11.75% 32.02% 39.74% -9.43% 37.98% 55.26% 22.78% 110.11% 213.33% -17.81% 3550.0%
Total Assets $213.2M $182.6M $138.6M $104.2M $108.4M $89.60M $62.50M $42.30M $23.20M $9.500M $7.600M $400.0K
YoY Change
Accounts Payable $1.400M $2.900M $900.0K $100.0K $200.0K $0.00 $100.0K $100.0K $0.00 $100.0K $300.0K $100.0K
YoY Change -51.72% 222.22% 800.0% -50.0% -100.0% 0.0% -100.0% -66.67% 200.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.000M $4.900M $900.0K $800.0K $4.500M $3.300M $700.0K $300.0K $200.0K $300.0K $300.0K $100.0K
YoY Change -18.37% 444.44% 12.5% -82.22% 36.36% 371.43% 133.33% 50.0% -33.33% 0.0% 200.0%
Long-Term Debt $93.50M $68.40M $38.70M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 36.7% 76.74%
Other Long-Term Liabilities $4.600M $5.100M $1.600M $100.0K $700.0K $600.0K $1.800M $1.600M $600.0K $400.0K
YoY Change -9.8% 218.75% 1500.0% -85.71% 16.67% -66.67% 12.5% 166.67% 50.0%
Total Long-Term Liabilities $98.10M $73.50M $40.30M $100.0K $700.0K $600.0K $1.800M $1.600M $600.0K $400.0K $0.00 $0.00
YoY Change 33.47% 82.38% 40200.0% -85.71% 16.67% -66.67% 12.5% 166.67% 50.0%
Total Liabilities $114.2M $84.70M $41.40M $900.0K $5.200M $4.000M $2.500M $2.000M $900.0K $800.0K $300.0K $100.0K
YoY Change 34.83% 104.59% 4500.0% -82.69% 30.0% 60.0% 25.0% 122.22% 12.5% 166.67% 200.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Basic Shares Outstanding 13.29M 13.28M 13.34M 12.20M 9.952M 7.441M 5.183M
Diluted Shares Outstanding 13.29M 13.28M 13.34M 12.20M 9.952M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $55.624 Million

About Mackenzie Realty Capital Inc

MacKenzie Realty Capital, Inc. engages in investment activities. The company is headquartered in Orinda, California. The company went IPO on 2023-09-22. The Company’s objective is to generate both current income and capital appreciation through real estate-related investments. The firm intends to invest at least 80% of its total assets in equity or debt in real estate assets. The company can also invest up to 20% of its total assets in investment securities of real estate companies. The company also owns and manages five commercial real estate properties: Satellite Place in Duluth, GA, 1300 Main, First & Main and Main Street West in Napa, CA, and Woodland Corporate Center Two in Woodland, CA and four residential apartments: Commodore Apartments and The Park View, located in Oakland, California, the Hollywood Property located in Los Angeles, California, and the Shoreline Apartments in Concord, California. The Company, through MacKenzie Realty Operating Partnership, LP (the Operating Partnership), acquires and operates real estate assets.

Industry: Real Estate Investment Trusts Peers: