HIGHLIGHTS
Total revenues for the six months ended October 31, 2025 were $1,428,054 compared to $1,451,462 for the same period in 2024;
The year-to-date non-GAAP financial measure Net Operating Income for Q2 fiscal 2026 was $1,137,175 compared to $1,191,698 in fiscal 2025;
The year-to-date net income for Q2 fiscal 2026 was $0.39 per share, compared to $0.78 net income per share in Q2 fiscal 2025.
FINANCIAL HIGHLIGHTS
Total revenues for the six months ended October 31, 2025 fell $23,408 compared to the six months ended October 31, 2024, a result of reduced finance income.
Six months ended
October 31
2025
2024
Property revenue
$
1,369,949
$
1,362,324
Finance income
58,105
89,138
Total revenues
$
1,428,054
$
1,451,462
Net income attributable to common
and special shareholders
$
712,962
$
1,408,754
Average common and special shares outstanding
1,808,360
1,808,360
Income per share
$
0.39
$
0.78
Components of the $695,792 decrease in net income for the six months ended October 31, 2025 compared to the six months ended October 31, 2024 are:
Changes in Net Income - Six months ended October 31, 2025
compared to six months ended October 31, 2024
Provision for environmental liability
Decrease in deferred tax charges
$
1,159,205
Proceeds of expropriation settlement
