MacKenzie Realty Capital, Inc.
mackenzierealtycapital.comAI Executive Summary
AI-powered analysis of 10-Q filing content
MacKenzie Realty Capital shows significant deterioration with rental revenues plummeting 43% year-over-year to $9.1M from $13.0M, while operating losses persist at $8.2M despite avoiding prior year's $9.5M impairment charges. The company maintains high leverage with $142.9M in debt against $238M total assets, and accumulated deficit expanded to $94.8M from $85.2M.
Red Flags Detected (7)
Rental revenue declined 29.7% year-over-year ($9.1M vs $13.0M)
Persistent operating losses of $8.2M for six months ended December 2025
Accumulated deficit increased $9.6M to $94.8M
4 more red flags detected
Key Takeaways
Revenue trajectory is severely negative with 30% year-over-year decline
Operating leverage working against the company as fixed costs remain high
2 more takeaways
Filing Overview
What This Means
Deteriorating Trend: Conditions are worsening compared to previous filings. This may create opportunities for service providers.
Quarterly Report: Interim filing with unaudited financial data for the quarter.