TORONTO, April 07, 2026 (GLOBE NEWSWIRE) -- Firm Capital Apartment Real Estate Investment Trust ("the "Trust"), (TSXV:FCA), (TSXV:FCA) is pleased to report its financial results for the three and twelve months ended December 31, 2025 and provide a Strategic Review update:
EARNINGS
Excluding non-cash fair value adjustments, net income for the three months ended December 31, 2025 was approximately $0.1 million, in line with the $0.1 million net income reported for the three months ended September 30, 2025, and the $0.1 million net income reported for the three months ended December 31, 2024. Excluding non-cash fair value adjustments, for the twelve months ended December 31, 2025, net income was approximately $0.7 million, in comparison to the $0.15 million net loss reported for the twelve months ended December 31, 2024; and
AFFO for the three months ended December 31, 2025 was approximately $0.16 million, in comparison to the $0.26 million reported for the three months ended September 30, 2025, and the $0.15 million net income reported for the three months ended December 31, 2024. AFFO for the twelve months ended December 31, 2025 was approximately $0.9 million, in comparison to the net loss of $0.08 million reported for the twelve months ended December 31, 2024.
Three Months Ended
Twelve Months Ended
Dec 31,2025
Sep 30,2025
Dec 31,2024
Dec 31,2025
Dec 31,2024
Net Loss
$
(1,497,831
)
$
(5,450,296
)
$
(126,074
)
$
(7,073,669
)
$
(3,428,678
)
Net Income / (Loss) BeforeFair Value Adjustments
