Parkit Q2 FY26 FFO per share rises 19% to $0.19; revenue drops 22% to $6.03 million

Reuters2026/08/06 22:05

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Parkit posted IFRS net income of CAD 6.35 million in Q2 2026, down from a year earlier.
Revenue fell 22% year over year to CAD 6.03 million, reflecting dispositions completed in the prior fiscal year.
Net rental income dropped 17% to CAD 4.38 million, while stabilized comparative properties NOI, a non-IFRS measure, rose 4% to CAD 3.42 million.
FFO, a non-IFRS measure, increased 15% to CAD 2.61 million; FFO per share climbed 19% to CAD 0.19.
Parkit renewed about 27,000 square feet at a 28% average rental spread, ending the quarter with cash and cash equivalents of CAD 5.38 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parkit Enterprise Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608061700NEWSFILECNPR____20260806_308491_1) on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Parkit Q2 FY26 FFO per share rises 19% to $0.19; revenue drops 22% to $6.03 million

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