Overview

* Chartwell Q3 resident revenue rises 32.3% yr/yr

* Net loss of C$5.2 mln in Q3 2025, down from net income in Q3 2024

* Company renews C$500 mln at-the-market equity distribution program

Outlook

* Chartwell expects to achieve 95% occupancy by December 2025

* Company anticipates continued growth in occupancy and cash flows in 2026 and beyond

* Chartwell plans to enhance portfolio through acquisitions and development partnerships

Result Drivers

* REVENUE GROWTH - Resident revenue increased by 32.3% in Q3 2025, driven by higher occupancy and operational efficiencies

* OCCUPANCY IMPROVEMENT - Weighted average same property occupancy rose to 93.1%, up 470 bps from Q3 2024

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 C$275.18

Resident mln

Revenue

Q3 C$177.83

Adjusted mln

Resident

Revenue

Q3 Net -C$5.21

Income mln

Q3 C$103.10

Adjusted mln

Property

Operatin

g

Expenses

Q3 C$165.39

Property mln

Operatin

g

Expenses

Press Release:

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(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.)