WALL FINANCIAL CORPORATION ANNOUNCES Q3 2026 FISCAL RESULTS

Dec 12 2025 22:57 GMT

VANCOUVER, BC, Dec. 12, 2025 /CNW/ - Wall Financial Corporation (the "Company") released its operating results and financial statements for the nine months ended October 31, 2025. The Company recorded net earnings and comprehensive income attributable to shareholders of the Company for the nine months ended October 31, 2025 of $30,271,243 or $0.94 per share compared to $24,389,582 or $0.76 per share in the prior period.

Net earnings from rental apartment operations increased due to increased rents and lower interest expense. Earnings from the Company's hotels increased due to lower operating costs, higher overall occupancy and average daily rates. Revenues and earnings from the Company's development operations decreased due to fewer units sales.

		Three months ended October 31		Nine months ended October 31
Statements of Earnings		2025	2024	2025	2024
	Total revenue and other income	$ 49,089,732	$ 53,767,700	$ 144,719,831	$ 162,604,468
	Net earnings attributable to shareholders of the Company	11,963,904	9,614,294	30,271,243	24,389,582
	Earnings per share (diluted and non-diluted)	0.37	0.30	0.94	0.76


Statements of Financial Position				October 31, 2025	January 31, 2025
	Total assets			$ 973,162,851	$ 927,381,509
	Total non-current liabilities			419,781,047	308,078,997

The above unaudited financial information, including comparative information, is expressed in Canadian dollars and has been prepared in accordance with International Financial Reporting Standards, using the same accounting policies and methods of application as described in notes 2 and 3 of the Company's audited consolidated financial statements for the years ended January 31, 2025 and 2024.

Wall Financial Corporation is a B.C. based real estate company active in the development and management of residential and commercial rental units, development and construction of residential housing for resale, and the development and management of hotel properties.

SOURCE Wall Financial Corporation