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NASDAQ · REAL ESTATE INVESTMENT TRUSTS · SMALL CAP

MacKenzie Realty Capital, Inc. MKZR

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$20.0M
▼ 9.3% YoY
$-14.1M

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

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 20.0M
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2025 · Revenue 20.0 · Net income -14.1
10M20M-10M-20M
201820222025
Compound annual growth
+9.8%
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

−71 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -78.0% · Net -70.6%
20%40%-50%-100%-150%
201820222025
ROE

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

Three returns, three denominators.
Return on equityNot available: we don't have a clean profit figure for this period.
Return on capital employedNot available: we don't have total assets or current liabilities for this period.

Cash & shareholders

USD 0.00
returned in FY2025 · dividends + net buybacks
Net buybacks $M Dividends $M
FY2025 · Dividends 0.0 · Net buybacks ·
2M4M
2018201920212022202320242025

Total assetsUSD 235.3M
EquityUSD 43.8M
CashUSD 3.5M
Gross debtUSD 148.5M
Net debtUSD 145.0M

Net debt stands at 331% of equity.

The 7-year record

7 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—not applicable◌not available in our data
MKZR, 7-year financial record
Metric 2025202420232022202120192018
Revenue $B0.00.00.00.00.0◌◌
Operating income $B−0.0−0.0−0.0−0.0−0.0◌◌
EBITDA $B−0.0−0.0−0.0−0.0−0.0◌◌
Income tax $B◌◌◌◌◌0.0−0.0
Net income $B−0.0−0.0−0.0−0.00.0−0.00.0
EPS, diluted $−9.54−18.66−9.95−0.360.34−0.960.29
Dividend / sh $0.002.255.000.45◌0.450.73
Payout %◌◌◌◌66−39131
ROE %◌◌◌◌4.4◌◌
Shares out B0.000.000.010.010.000.01◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 24 reconciliationsAUDITED

Reconciled in 7 of the 7 fiscal years we could check. 12 checks were skipped: the balance sheet is not tagged before 2019. 11 checks were skipped: EPS is not tagged before 2018.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 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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