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MARKETS / NASDAQ / MKZR
NASDAQ · REAL ESTATE INVESTMENT TRUSTS · SMALL CAP

MacKenzie Realty Capital, Inc. MKZR

6 fiscal years on record · USD · FY2024 reported · SEC filings only
$22.1M
▲ 40.2% YoY
$-24.0M
In brief

What this company does

We have elected to be treated as a real estate investment trust (“REIT”) as defined under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). We pursue a strategy focused on investing primarily in real estate assets, and to a lesser extent (intended to be less than 20% of our portfolio) in illiquid or non-traded debt and equity securities issued by U.S. companies generally owning commercial real estate. Our investment objective is to generate current income and capital appreciation through the acquisition of real estate assets and debt and equity real estate-related investments. We do not currently have any employees.

Written from the business description in MacKenzie Realty Capital, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 29 September 2025. Every sentence was checked against that document before publication.

Growth
USD 22.1M
Revenue, FY2024 · full 6-year series below
Revenue $M Net income $M
FY2024 · Revenue 22.1 · Net income -24.0
8M16M-8M-16M201820192021202220232024
Compound annual growth
+28.6%
+19.4%
+1.2%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−109 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -106.4% · Net -108.7%
20%40%-50%-100%-150%201820192021202220232024
ROE

No chart to show — the reason differs by year; see each year in the table below.

Cash & shareholders
USD 4.8M
returned in FY2024 · dividends + net buybacks
Net buybacks $M Dividends $M
FY2024 · Dividends 4.8 · Net buybacks —
2M4M201820192021202220232024

USD 4.8M in dividends went back to shareholders.

Total assetsUSD 236.0M
EquityUSD 59.9M
CashUSD 3.8M
Gross debtUSD 135.3M
Net debtUSD 131.6M

Net debt stands at 220% of equity.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202420232022202120192018
Revenue $B0.00.00.00.0··
Operating income $B−0.0−0.0−0.0−0.0··
EBITDA $B−0.0−0.0−0.0−0.0··
Income tax $B····0.0−0.0
Net income $B−0.0−0.0−0.00.0−0.00.0
EPS, diluted $−18.66−9.95−0.360.34−0.960.29
Dividend / sh $2.255.000.45·0.450.73
Payout %···66−39131
ROE %···4.4··
Shares out B0.000.000.010.000.01·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 21 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 36 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityReal Estate Investment Trusts
Listed onNASDAQ
Incorporated inMaryland
Fiscal year endsJune 30
SEC categorysmaller reporting company
Data on record since2016

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