Overview
* Parkit Q3 2025 total revenue decreased 4% yr/yr
* FFO for Q3 2025 increased by 22%, driven by higher net rental income
* Company acquired a $10.8 mln industrial property in Edmonton, expanding its portfolio
Outlook
* Company says it has ample liquidity for future acquisitions
* Parkit ( PKTEF ) focuses on growing cash flows from industrial portfolio
* Company aims to streamline parking operations
Result Drivers
* LEASING ACTIVITY - Co renewed 2,200 sq ft of leases and signed new leases on 24,665 sq ft of space at market rates
* INCREASED FFO - FFO increased by 22% due to higher net rental income and lower financing costs
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 FFO C$0.01
Per
Share
Press Release:
For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)