TORONTO, July 17, 2025 (GLOBE NEWSWIRE) — The Becker Milk Company Limited (the “Company”) (TSX-BEK.B) is pleased to report the results for the year ended April 30, 2025.
HIGHLIGHTS
- Total revenues for the year ended April 30, 2025, were $2,992,082 compared to $3,045,648 for the same period in 2024;
- The non-IFRS financial measure Net Operating Income for the year was $2,386,854 compared to $2,375,060 in 2024;
- Net income for the year was $1.57 per share, compared to net income of $0.07 per share in 2024.
FINANCIAL HIGHLIGHTS
Total revenue for the year ended April 30, 2025, improved $53,566 compared to the year ended April 30, 2024, a result of both higher property revenue and finance income.
Year ended | |||||||
April 30 | |||||||
2025 | 2024 | ||||||
Property revenue | $2,834,413 | $2,792,736 | |||||
Finance income | 157,669 | 252,912 | |||||
Total revenues | $2,992,082 | $3,045,648 | |||||
Net income attributable to common and special shareholders | $2,847,590 | $124,478 | |||||
Average common and special shares outstanding | 1,808,360 | 1,808,360 | |||||
Income per share | $1.57 | $0.07 | |||||
Components of the $2,723,112 improvement in net income for the year ended April 30, 2025 compared to the year ended April 30, 2024 were:
Changes in Net Income – Year ended April 30, 2025 | ||||
compared to year ended April 30, 2024 | ||||
Provision for environmental liability | ||||
Increase … |