Mainstreet Equity Corp.

Toronto Stock Exchange MEQ.TO

Mainstreet Equity Corp. Net Income Margin for the year ending September 30, 2024: 80.02%

Mainstreet Equity Corp. Net Income Margin is 80.02% for the year ending September 30, 2024, a 53.60% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.

Mainstreet Equity Corp. Net Income Margin for the year ending September 30, 2023 was 52.09%, a -21.96% change year over year.
Mainstreet Equity Corp. Net Income Margin for the year ending September 30, 2022 was 66.75%, a -52.67% change year over year.
Mainstreet Equity Corp. Net Income Margin for the year ending September 30, 2021 was 141.02%, a 208.12% change year over year.
Mainstreet Equity Corp. Net Income Margin for the year ending September 30, 2020 was 45.77%, a 7.33% change year over year.

Key data

Date	Net Income Margin	EBITDA Margin	EBIT Margin	EBITDA

Toronto Stock Exchange: MEQ.TO

Mainstreet Equity Corp.

CEO	Mr. Navjeet Singh Dhillon
IPO Date	June 1, 2000
Location	Canada
Headquarters	305 – 10 Avenue SE
Employees	526
Sector	Finance
Industries Private Equity Investment Banking & Asset Management

Description

Mainstreet Equity Corp. engages in the acquisition, divestiture, value-enhancement, and management of multi-family residential properties in Western Canada. The company owns a portfolio of multi-family residential properties in Vancouver and the Lower Mainland, Calgary and Southern Alberta, Edmonton, Saskatoon, and Regina. As of September 30, 2021, it had a total portfolio of 15,071 revenue producing units consisting of townhouses, garden-style apartments, and concrete mid-rise and high-rise apartments, condo suites and 2 freestanding commercial houses. The company was founded in 1997 and is headquartered in Calgary, Canada.

Key trends

Past 5 years