TORONTO, Sept. 11, 2025 (GLOBE NEWSWIRE) — The Becker Milk Company Limited (the “Company”) (TSX-BEK.B) is pleased to report the results for the three months ended July 31, 2025.
HIGHLIGHTS
- Total revenues for the three months ended July 31, 2025 were $716,740 compared to $727,502 for the same period in 2024;
- The non-GAAP financial measure Net Operating Income for Q1 fiscal 2026 was $606,179 compared to $607,453 in fiscal 2025;
- Net income for Q1 fiscal 2026 was $0.25 per share for the year, compared to $0.14 net income per share in Q1 fiscal 2025.
FINANCIAL HIGHLIGHTS
Total revenues for the three months ended July 31, 2025 fell $10,762 compared to the three months ended July 31, 2024, a result of reduced finance income.
| Three months ended | |||
| July 31 | |||
| 2025 | 2024 | ||
| Property revenue | $679,971 | $679,578 | |
| Finance income | 36,769 | 47,924 | |
| Total revenues | $716,740 | $727,502 | |
| Net income attributable to common | |||
| and special shareholders | $453,611 | $250,407 | |
| Average common and special shares outstanding | 1,808,360 | 1,808,360 | |
| Income per share | $0.25 | $0.14 | |
Components of the $203,204 decrease in net income for the three months ended July 31, 2025 compared to the three months ended July 31, 2024 are:
| Changes in Net Income – Three months ended July 31, 2025 | ||
| compared to three months ended July 31, 2024 | ||
| Decrease in deferred tax charges | $981,358 | |
| Increase in proceeds of expropriation settlement | 331,220 | |