Breakdown | ||||
Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
249.80M | 210.03M | 180.57M | 159.93M | 149.77M | Gross Profit |
160.44M | 131.31M | 109.67M | 97.85M | 93.03M | EBIT |
160.44M | 113.08M | 109.67M | 97.85M | 93.03M | EBITDA |
288.41M | 179.82M | 94.73M | 85.61M | 80.56M | Net Income Common Stockholders |
199.88M | 109.41M | 120.54M | 225.53M | 68.55M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
48.83M | 81.76M | 44.56M | 19.22M | 38.47M | Total Assets |
3.49B | 3.16B | 2.89B | 2.67B | 2.24B | Total Debt |
1.65B | 1.57B | 1.43B | 1.36B | 1.18B | Net Debt |
1.60B | 1.48B | 1.39B | 1.34B | 1.14B | Total Liabilities |
1.97B | 1.85B | 1.68B | 1.58B | 1.37B | Stockholders Equity |
1.52B | 1.32B | 1.21B | 1.09B | 867.09M |
Cash Flow | Free Cash Flow | |||
91.14M | 70.17M | 51.91M | 34.73M | 34.14M | Operating Cash Flow |
91.46M | 70.76M | 52.68M | 35.61M | 35.45M | Investing Cash Flow |
-172.19M | -158.59M | -102.23M | -240.40M | -106.95M | Financing Cash Flow |
47.80M | 125.03M | 74.89M | 185.55M | 109.90M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
77 Outperform | C$1.75B | 9.34 | 12.66% | 0.06% | 18.02% | 15.10% | |
75 Outperform | C$3.43B | 5.40 | 13.02% | 2.19% | 10.56% | -15.69% | |
73 Outperform | C$892.41M | 8.92 | 5.29% | 4.45% | 3.79% | -40.78% | |
73 Outperform | C$2.05B | 3.14 | 23.97% | 4.12% | 5.04% | 151.14% | |
68 Neutral | C$6.66B | 23.71 | 3.20% | 3.62% | 4.45% | ― | |
59 Neutral | $2.74B | 11.73 | 0.14% | 8782.99% | 5.34% | -16.62% | |
58 Neutral | C$1.61B | ― | -6.27% | 3.50% | 3.85% | -266.02% |
Mainstreet Equity Corp. announced a quarterly cash dividend of $0.04 per common share for the quarter ending March 31, 2025, payable on April 30, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its shareholders while maintaining its strategic focus on acquiring and stabilizing undervalued properties. The dividend is designated as an eligible dividend for Canadian tax purposes, which may have favorable tax implications for shareholders.
Spark’s Take on TSE:MEQ Stock
According to Spark, TipRanks’ AI Analyst, TSE:MEQ is a Neutral.
Mainstreet Equity’s stock score reflects its robust financial performance and attractive valuation, tempered by current technical weaknesses. The company’s long-term growth strategy and consistent performance underpin a positive outlook, despite short-term market challenges.
To see Spark’s full report on TSE:MEQ stock, click here.
Mainstreet Equity Corp. reported its 13th consecutive quarter of double-digit growth in Q1 2025, with a notable increase in key metrics such as FFO, NOI, and rental revenues, despite the typically slow winter rental season. The company’s strong performance reflects its strategic focus on countercyclical growth and commitment to affordable housing, with plans for portfolio expansion amid current economic conditions.