$MKZR
Mackenzie Realty Capital Inc

2022 Q2 Form 10-Q Financial Statement

#000114036122019126 Filed on May 13, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q1
Revenue $2.560M $2.519M $1.764M
YoY Change 29.29% 42.77% -5.76%
Cost Of Revenue $1.450M $1.470M $1.150M
YoY Change 22.88% 27.83% 35.29%
Gross Profit $1.110M $1.050M $620.0K
YoY Change 38.75% 69.35% -72.32%
Gross Profit Margin 43.36% 41.69% 35.15%
Selling, General & Admin $600.0K $490.0K $310.0K
YoY Change 93.55% 58.06% 34.78%
% of Gross Profit 54.05% 46.67% 50.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.310M $714.0K $847.4K
YoY Change -2.24% -15.74%
% of Gross Profit 118.02% 68.0% 136.67%
Operating Expenses $2.630M $4.388M $3.418M
YoY Change 17.94% 28.38% 179.99%
Operating Profit -$1.520M -$1.870M -$1.654M
YoY Change 6.29% 13.03% -262.3%
Interest Expense $30.00K $572.5K $269.3K
YoY Change -92.86% 112.6% -102.68%
% of Operating Profit
Other Income/Expense, Net $0.00 $0.00
YoY Change
Pretax Income -$10.87M $5.660M $1.260M
YoY Change 976.24% 349.21% -115.44%
Income Tax
% Of Pretax Income
Net Earnings -$10.71M $5.665M $1.264M
YoY Change 960.4% 348.23% -115.49%
Net Earnings / Revenue -418.36% 224.91% 71.64%
Basic Earnings Per Share $0.43 $0.10
Diluted Earnings Per Share -$0.81 $0.43 $0.10
COMMON SHARES
Basic Shares Outstanding 13.31M 13.38M 13.36M
Diluted Shares Outstanding 13.36M

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.400M $36.30M $2.200M
YoY Change 54.17% 1550.0% -83.21%
Cash & Equivalents $7.400M $36.31M $2.221M
Short-Term Investments
Other Short-Term Assets $100.0K $500.0K $800.0K
YoY Change -66.67% -37.5%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $9.000M $39.00M $4.300M
YoY Change 26.76% 806.98% -71.33%
LONG-TERM ASSETS
Property, Plant & Equipment $97.40M $77.50M $58.70M
YoY Change 67.93% 32.03%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $57.60M $48.30M $76.70M
YoY Change -18.3% -37.03% 48.07%
Other Assets $18.60M $3.500M $1.800M
YoY Change 541.38% 94.44% -95.8%
Total Long-Term Assets $173.6M $129.3M $137.2M
YoY Change 32.04% -5.76% 44.45%
TOTAL ASSETS
Total Short-Term Assets $9.000M $39.00M $4.300M
Total Long-Term Assets $173.6M $129.3M $137.2M
Total Assets $182.6M $168.3M $141.5M
YoY Change 31.77% 18.93% 28.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.900M $1.400M $1.600M
YoY Change 222.22% -12.5% 1500.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.900M $3.900M $1.600M
YoY Change 444.44% 143.75% -33.33%
LONG-TERM LIABILITIES
Long-Term Debt $68.40M $52.80M $38.90M
YoY Change 76.74% 35.73%
Other Long-Term Liabilities $5.100M $1.400M $1.800M
YoY Change 218.75% -22.22% 157.14%
Total Long-Term Liabilities $73.50M $54.20M $40.70M
YoY Change 82.38% 33.17% 5714.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.900M $3.900M $1.600M
Total Long-Term Liabilities $73.50M $54.20M $40.70M
Total Liabilities $78.34M $58.03M $42.28M
YoY Change 90.2% 37.25% 1309.34%
SHAREHOLDERS EQUITY
Retained Earnings -$24.11M -$12.08M -$21.63M
YoY Change 3.48% -44.16%
Common Stock $1.325K $1.328K $1.336K
YoY Change -0.53% -0.6%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $97.85M $109.3M $98.99M
YoY Change
Total Liabilities & Shareholders Equity $182.6M $168.3M $141.5M
YoY Change 31.77% 18.93% 28.66%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$10.71M $5.665M $1.264M
YoY Change 960.4% 348.23% -115.49%
Depreciation, Depletion And Amortization $1.310M $714.0K $847.4K
YoY Change -2.24% -15.74%
Cash From Operating Activities $1.880M $490.0K $542.9K
YoY Change 347.62% -9.74% -92.66%
INVESTING ACTIVITIES
Capital Expenditures $40.39M $1.070M $28.62M
YoY Change -96.26%
Acquisitions
YoY Change
Other Investing Activities -$6.820M $13.63M $2.830M
YoY Change -255.71% 381.63%
Cash From Investing Activities -$47.21M $12.56M -$25.80M
YoY Change -1177.85% -148.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 14.54M 1.420M 15.11M
YoY Change -1471.7% -90.6% 470.05%
NET CHANGE
Cash From Operating Activities 1.880M 490.0K 542.9K
Cash From Investing Activities -47.21M 12.56M -25.80M
Cash From Financing Activities 14.54M 1.420M 15.11M
Net Change In Cash -30.79M 14.47M -10.15M
YoY Change -923.26% -242.56% -201.0%
FREE CASH FLOW
Cash From Operating Activities $1.880M $490.0K $542.9K
Capital Expenditures $40.39M $1.070M $28.62M
Free Cash Flow -$38.51M -$580.0K -$28.08M
YoY Change -9269.05% -97.93%

Facts In Submission

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MacKenzie Realty Capital, Inc.
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89 Davis Road
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