Dream Office Real Estate Investment Trust (DRETF) Income Statement Analysis

See more : Subros Limited (SUBROS.NS) Income Statement Analysis – Financial Results

Complete financial analysis of Dream Office Real Estate Investment Trust (DRETF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Dream Office Real Estate Investment Trust, a leading company in the REIT – Office industry within the Real Estate sector.

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Dream Office Real Estate Investment Trust (DRETF)

Industry: REIT - Office

Sector: Real Estate

Website: https://www.dream.ca/office

About Dream Office Real Estate Investment Trust

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT owns well-located, high-quality office properties, primarily in downtown Toronto.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996
Revenue	190.45M	196.27M	195.93M	206.59M	229.02M	285.21M	469.78M	664.29M	690.96M	705.28M	687.17M	607.80M	411.59M	280.93M	193.76M	191.16M	158.10M	291.44M	221.58M	187.18M	78.16M	291.80M	249.79M	229.40M	222.60M	175.30M	67.60M	10.80M
Cost of Revenue	88.11M	90.15M	88.80M	93.64M	101.44M	130.24M	212.12M	295.71M	303.45M	303.77M	295.67M	259.25M	167.51M	106.95M	71.13M	69.74M	55.60M	122.15M	99.54M	85.31M	37.38M	189.00M	154.35M	143.29M	143.70M	111.80M	53.50M	9.30M
Gross Profit	102.34M	106.12M	107.13M	112.94M	127.58M	154.97M	257.66M	368.58M	387.51M	401.51M	391.50M	348.55M	244.07M	173.98M	122.63M	121.42M	102.50M	169.29M	122.04M	101.87M	40.79M	102.80M	95.43M	86.10M	78.90M	63.50M	14.10M	1.50M
Gross Profit Ratio	53.73%	54.07%	54.68%	54.67%	55.71%	54.33%	54.85%	55.48%	56.08%	56.93%	56.97%	57.35%	59.30%	61.93%	63.29%	63.52%	64.83%	58.09%	55.08%	54.43%	52.18%	35.23%	38.21%	37.53%	35.44%	36.22%	20.86%	13.89%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	10.69M	11.98M	11.59M	11.58M	13.03M	12.48M	15.88M	20.60M	21.15M	30.51M	23.86M	21.13M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	10.69M	11.98M	11.59M	11.58M	13.03M	12.48M	15.88M	20.60M	21.15M	30.51M	23.86M	21.13M	15.34M	9.32M	6.71M	6.74M	7.60M	6.81M	5.41M	5.20M	2.11M	6.86M	8.35M	6.46M	7.10M	5.30M	2.80M	400.00K
Other Expenses	1.86M	430.00K	897.00K	1.93M	1.89M	0.00	-2.17M	-6.44M	-890.00K	-1.10M	0.00	0.00	216.19M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Expenses	12.55M	12.41M	12.48M	13.51M	14.93M	14.68M	22.80M	24.17M	24.10M	33.48M	26.39M	23.17M	15.34M	89.66M	56.45M	60.72M	54.31M	77.28M	54.63M	43.31M	10.06M	22.88M	23.63M	20.76M	18.50M	12.30M	3.60M	500.00K
Cost & Expenses	100.67M	102.56M	101.28M	107.15M	116.37M	144.92M	234.92M	319.89M	327.55M	337.25M	322.06M	282.42M	182.86M	196.61M	127.58M	130.46M	109.91M	199.43M	154.17M	128.62M	47.43M	211.89M	177.99M	164.05M	162.20M	124.10M	57.10M	9.80M
Interest Income	2.89M	2.19M	1.68M	2.31M	2.06M	1.67M	6.11M	3.26M	3.01M	3.20M	4.64M	5.05M	2.38M	1.58M	1.68M	0.00	0.00	-40.00K	489.00K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	62.72M	55.55M	48.68M	48.32M	54.09M	63.39M	92.52M	127.33M	141.99M	141.17M	141.67M	136.99M	96.10M	59.73M	49.74M	49.10M	37.82M	66.01M	54.45M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	162.00K	430.00K	12.49M	13.61M	16.93M	16.59M	22.09M	21.01M	14.98M	11.29M	5.40M	848.00K	579.00K	80.34M	50.87M	54.22M	83.93M	70.55M	48.94M	38.68M	7.95M	16.03M	15.28M	14.30M	11.40M	7.00M	800.00K	100.00K
EBITDA	-14.27M	120.29M	214.30M	152.15M	197.34M	221.01M	269.75M	215.65M	440.76M	436.57M	478.83M	332.26M	229.31M	164.66M	117.05M	114.92M	132.12M	162.53M	116.63M	97.25M	38.68M	95.94M	87.08M	79.65M	71.80M	58.20M	11.30M	1.10M
EBITDA Ratio	-7.49%	84.55%	101.63%	73.65%	80.94%	69.81%	57.42%	32.46%	63.79%	61.90%	69.68%	54.67%	55.71%	58.61%	60.41%	60.12%	83.57%	55.77%	52.64%	51.95%	49.48%	32.88%	34.86%	34.72%	32.26%	33.20%	16.72%	10.19%
Operating Income	89.78M	154.09M	186.64M	138.54M	168.44M	182.53M	247.66M	194.64M	425.78M	425.28M	473.43M	331.42M	228.73M	84.32M	66.18M	60.71M	48.19M	91.97M	67.69M	58.56M	30.73M	79.92M	71.80M	65.35M	60.40M	51.20M	10.50M	1.00M
Operating Income Ratio	47.14%	78.51%	95.26%	67.06%	73.55%	64.00%	52.72%	29.30%	61.62%	60.30%	68.89%	54.53%	55.57%	30.01%	34.16%	31.76%	30.48%	31.56%	30.55%	31.29%	39.31%	27.39%	28.74%	28.49%	27.13%	29.21%	15.53%	9.26%
Total Other Income/Expenses	-166.93M	-89.77M	-31.53M	76.51M	-42.06M	-34.24M	-113.41M	-1.22B	-416.76M	-208.10M	86.71M	-57.35M	292.96M	-108.45M	-49.74M	-48.23M	-37.65M	-47.93M	-63.60M	-38.91M	-18.47M	-53.28M	-29.01M	-46.29M	-31.06M	-15.70M	-3.10M	200.00K
Income Before Tax	-77.15M	64.31M	155.11M	175.94M	126.37M	158.12M	130.96M	-877.75M	-53.34M	159.93M	445.36M	268.02M	494.65M	24.59M	16.45M	11.60M	10.12M	12.06M	5.95M	19.42M	12.26M	24.59M	42.79M	19.05M	29.30M	35.60M	7.40M	1.20M
Income Before Tax Ratio	-40.51%	32.77%	79.16%	85.17%	55.18%	55.44%	27.88%	-132.13%	-7.72%	22.68%	64.81%	44.10%	120.18%	8.75%	8.49%	6.07%	6.40%	4.14%	2.69%	10.37%	15.68%	8.43%	17.13%	8.31%	13.16%	20.31%	10.95%	11.11%
Income Tax Expense	47.00K	672.00K	-203.00K	-1.31M	486.00K	342.00K	-3.83M	1.95M	1.70M	638.00K	344.00K	1.85M	93.73M	13.00K	-1.76M	340.00K	-793.00K	2.38M	-3.47M	-1.90M	82.00K	12.76M	9.72M	3.79M	15.90M	15.40M	1.10M	600.00K
Net Income	-77.20M	63.64M	154.21M	177.28M	117.32M	157.78M	134.79M	-879.71M	-55.04M	159.29M	445.01M	291.07M	400.92M	26.99M	13.42M	10.46M	762.30M	11.22M	4.31M	4.35M	12.17M	11.83M	33.07M	15.26M	13.40M	20.20M	6.30M	600.00K
Net Income Ratio	-40.53%	32.42%	78.70%	85.81%	51.23%	55.32%	28.69%	-132.43%	-7.97%	22.59%	64.76%	47.89%	97.41%	9.61%	6.93%	5.47%	482.16%	3.85%	1.94%	2.33%	15.57%	4.05%	13.24%	6.65%	6.02%	11.52%	9.32%	5.56%
EPS	-4.73	1.38	3.21	2.94	1.84	2.66	1.83	-8.39	-0.51	1.48	4.30	2.98	6.06	4.37	0.60	0.50	19.95	0.35	0.25	0.27	0.71	0.72	1.75	0.72	0.56	1.20	0.80	0.48
EPS Diluted	-4.73	1.38	3.21	2.93	1.84	2.66	1.83	-8.39	-0.51	1.48	4.30	2.98	6.06	4.37	0.60	0.50	19.94	0.35	0.16	0.18	0.71	0.69	1.71	0.72	0.56	1.04	0.80	0.40
Weighted Avg Shares Out	16.31M	46.11M	48.03M	60.25M	63.62M	59.37M	73.71M	104.81M	107.86M	107.94M	103.42M	97.63M	66.21M	49.39M	22.22M	21.11M	38.22M	32.05M	17.19M	24.41M	19.31M	16.41M	18.86M	20.65M	23.93M	16.83M	7.88M	1.25M
Weighted Avg Shares Out (Dil)	16.31M	46.11M	48.03M	60.46M	63.88M	59.37M	73.71M	104.81M	107.86M	107.94M	103.42M	97.63M	66.21M	49.39M	22.23M	21.12M	38.24M	32.05M	25.45M	24.41M	19.31M	17.13M	19.34M	20.95M	23.93M	19.42M	7.88M	1.50M

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August 20, 2021businesswire.com

TORONTO--(BUSINESS WIRE)--DREAM OFFICE REIT (TSX: D.UN) (“Dream Office” or the “Trust”) today announced its August 2021 monthly distribution of 8.333 cents per REIT Unit, Series A ($1.00 annualized). The August distribution will be payable on September 15, 2021 to unitholders...