MacKenzie Realty Capital, Inc. (MKZR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2026, filed Sep 28, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MKZR SEC filings page.
MacKenzie Realty Capital, Inc. (MKZR) reported $20.0M in revenue for fiscal year 2026, down 9.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The reported asset base stayed near $235M while losses accumulated, leaving a much thinner equity cushion behind the investment vehicle.
The central change is not asset growth: total assets were$236.0M in FY2025 and$235.3M in FY2026, yet total liabilities rose to$156.1M . With equity down to$43.8M , the nearly unchanged asset base is being supported by a larger creditor claim rather than a stronger capital base.
The latest reported net loss was
FY2026 financing cash flow of
Financial Health Signals
MacKenzie Realty Capital, Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
MacKenzie Realty Capital, Inc. passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
MacKenzie Realty Capital, Inc. reported a net loss of $14.1M while operations used $3.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.
MacKenzie Realty Capital, Inc. reported an operating loss of $15.6M against $9.9M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
MacKenzie Realty Capital, Inc. generated $5.4M in revenue in Q4 2026. This represents an increase of 13.1% from the same quarter a year earlier. Against the prior quarter it is down 0.2%.
MacKenzie Realty Capital, Inc.'s EBITDA was -$2.8M in Q4 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 113.0% from the same quarter a year earlier. Against the prior quarter it is down 613.2%.
MacKenzie Realty Capital, Inc. reported -$5.6M in net income in Q4 2026. This represents an increase of 6.5% from the same quarter a year earlier. Against the prior quarter it is down 470.1%.
MacKenzie Realty Capital, Inc. earned -$3.38 per diluted share (EPS) in Q4 2026. This represents an increase of 14.9% from the same quarter a year earlier.
Cash & Balance Sheet
MacKenzie Realty Capital, Inc. held $3.5M in cash against $148.5M in long-term debt as of Q4 2026.
MacKenzie Realty Capital, Inc. paid $0.00 per share in dividends in Q4 2026.
Not reported for Q4 2026.
Margins & Returns
MacKenzie Realty Capital, Inc.'s operating margin was -90.5% in Q4 2026, reflecting core business profitability. Against the prior quarter it is down 44.5 percentage points. No change is given against Q4 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
MacKenzie Realty Capital, Inc.'s ROE was -12.8% in Q4 2026, measuring profit generated per dollar of shareholder equity. This is down 2.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 10.9 percentage points.
Not reported for Q4 2026.
Not shown for Q4 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
None of these metrics is reported for Q4 2026.
MKZR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.4M+13.1% | $5.4M+27.3% | $4.6M-42.8% | $4.5M-8.3% | $4.8M+6.3% | $4.3M+4.8% | $8.0M+124.5% | $5.0M+39.1% |
| SG&A Expenses | $460K-45.7% | $234K-73.9% | $396K-2.4% | $353K-18.7% | $848K+194.6% | $896K+253.1% | $406K+30.4% | $434K+109.2% |
| Operating Income | -$4.9M+12.8% | -$2.5M+57.1% | -$4.7M-3.4% | -$3.5M+53.1% | -$5.6M-114.7% | -$5.8M-117.7% | -$4.6M-93.2% | -$7.4M-229.7% |
| EBITDA | -$2.8M-113.0% | -$387K+87.9% | -$2.0M+14.3% | -$1.3M+75.0% | -$1.3M-160.2% | -$3.2M-314.3% | -$2.4M-198.0% | -$5.2M-640.4% |
| Interest Expense | $2.8M+38.1% | $2.5M-7.1% | $2.7M+35.2% | $2.0M+6.7% | $2.0M+14.6% | $2.7M+66.2% | $2.0M+35.5% | $1.9M+43.1% |
| Net Income | -$5.6M+6.5% | -$986K+83.8% | -$4.5M-0.4% | -$3.0M+58.9% | -$6.0M-139.2% | -$6.1M-106.7% | -$4.5M-187.0% | -$7.4M-76.0% |
| EPS (Basic) | -$3.38+14.9% | -$0.98+79.1% | -$2.97+24.4% | -$2.20+63.9% | -$3.97-1488.0% | -$4.68-1700.0% | -$3.93-2520.0% | -$6.10-1642.9% |
| EPS (Diluted) | -$3.38+14.9% | -$0.98 | -$2.97 | -$2.20 | -$3.97 | -$4.68 | -$3.93 | -$6.10 |
| Diluted Shares (Avg) | N/A | 2M | 2M | 2M | N/A | 1M | 1M | 1M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Income Tax.
MKZR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $235.3M-0.3% | $239.4M+1.0% | $238.1M+0.7% | $241.7M-0.8% | $236.0M+1.2% | $237.1M+4.9% | $236.4M+15.4% | $243.5M+15.5% |
| Cash & Equivalents | $3.5M-3.0% | $4.0M-22.7% | $4.3M-33.4% | $4.9M-54.6% | $3.6M-69.4% | $5.1M-66.7% | $6.5M-46.5% | $10.7M-23.5% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $156.1M+9.6% | $154.2M+10.7% | $152.0M+9.7% | $151.0M+6.7% | $142.5M+13.8% | $139.2M+17.6% | $138.6M+35.6% | $141.5M+34.8% |
| Long-Term Debt | $148.5M+9.7% | $146.7M | $145.6M+887.6% | $142.7M | $135.3M+15.4% | N/A | $14.7M+5.3% | N/A |
| Total Equity | $43.8M-26.9% | $50.8M-23.8% | $51.8M-24.2% | $56.7M-22.8% | $59.9M-27.3% | $66.7M-22.8% | $68.3M-24.5% | $73.4M-21.8% |
| Retained Earnings | -$104.3M-22.4% | -$96.8M-23.8% | -$94.8M-34.5% | -$89.3M-38.3% | -$85.2M-55.7% | -$78.2M-56.8% | -$70.5M-57.7% | -$64.5M-57.0% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities.
MKZR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$553K+66.2% | $833K+132.4% | -$1.6M-183.8% | -$2.0M-413.4% | -$1.6M-117.4% | -$2.6M-445.8% | $1.9M+269.8% | $644K+24.6% |
| Depreciation & Amortization | $2.2M-50.3% | $2.1M-19.7% | $2.7M+22.8% | $2.2M-3.6% | $4.3M+104.1% | $2.6M+38.2% | $2.2M+39.5% | $2.3M+46.2% |
| Stock-Based Compensation | N/A | N/A | N/A | $0-100.0% | N/A | N/A | N/A | $466K |
| Investing Cash Flow | -$887K+81.7% | -$2.0M+68.1% | -$2.0M+21.8% | -$4.2M+20.9% | -$4.9M-137.0% | -$6.4M-292.2% | -$2.6M-189.5% | -$5.3M+1.9% |
| Financing Cash Flow | $798K-84.5% | $839K-88.2% | $3.1M+177.6% | $7.4M+107.1% | $5.2M+2004.5% | $7.1M+844.4% | -$4.0M-17.8% | $3.6M+146.1% |
| Dividends Paid | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% | $787K-52.6% | $674K-43.3% | $1.7M+70.2% | $1.7M+23.5% |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Share Buybacks.
MKZR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | -90.5% | -46.0% | -102.5% | -76.8% | -117.3% | -136.4% | -56.7%+9.2pp | -150.3% |
| Net Margin | -103.5% | -18.1% | -97.4%-41.9pp | -67.1% | -125.1% | -142.6% | -55.5%-12.1pp | -149.6% |
| Return on Equity | -12.8%-2.8pp | -1.9%+7.2pp | -8.6%-2.1pp | -5.4%+4.7pp | -10.0%-7.0pp | -9.1%-5.7pp | -6.5%-4.8pp | -10.1%-5.6pp |
| Return on Assets | -2.4%+0.2pp | -0.4%+2.2pp | -1.9%0.0pp | -1.3%+1.8pp | -2.5%-1.5pp | -2.6%-1.3pp | -1.9%-1.1pp | -3.0%-1.0pp |
| Debt-to-Equity | 3.39+1.1x | 2.89+0.8x | 2.81+2.6x | 2.52+0.6x | 2.26+0.8x | 2.09+0.7x | 0.22+0.1x | 1.93+0.8x |
| Asset Turnover | 0.020.0x | 0.020.0x | 0.020.0x | 0.020.0x | 0.020.0x | 0.020.0x | 0.030.0x | 0.020.0x |
Not reported in any period shown, so not listed: Gross Margin, Current Ratio, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Where MacKenzie Realty Capital, Inc. Ranks
Frequently Asked Questions
What is MacKenzie Realty Capital, Inc.'s annual revenue?
MacKenzie Realty Capital, Inc. (MKZR) reported $20.0M in total revenue for fiscal year 2026. This represents a -9.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is MacKenzie Realty Capital, Inc.'s revenue growing?
MacKenzie Realty Capital, Inc. (MKZR) revenue declined by 9.3% year-over-year, from $22.1M to $20.0M in fiscal year 2026.
Is MacKenzie Realty Capital, Inc. profitable?
No, MacKenzie Realty Capital, Inc. (MKZR) reported a net income of -$14.1M in fiscal year 2026, with a net profit margin of -70.6%.
What is MacKenzie Realty Capital, Inc.'s EBITDA?
MacKenzie Realty Capital, Inc. (MKZR) had EBITDA of -$6.5M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does MacKenzie Realty Capital, Inc. have?
As of fiscal year 2026, MacKenzie Realty Capital, Inc. (MKZR) had $3.5M in cash and equivalents against $148.5M in long-term debt.
What is MacKenzie Realty Capital, Inc.'s operating margin?
MacKenzie Realty Capital, Inc. (MKZR) had an operating margin of -78.0% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is MacKenzie Realty Capital, Inc.'s net profit margin?
MacKenzie Realty Capital, Inc. (MKZR) had a net profit margin of -70.6% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is MacKenzie Realty Capital, Inc.'s return on equity (ROE)?
MacKenzie Realty Capital, Inc. (MKZR) has a return on equity of -32.3% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is MacKenzie Realty Capital, Inc.'s operating cash flow?
MacKenzie Realty Capital, Inc. (MKZR) recorded an outflow of $3.3M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are MacKenzie Realty Capital, Inc.'s total assets?
MacKenzie Realty Capital, Inc. (MKZR) had $235.3M in total assets as of fiscal year 2026, including both current and long-term assets.
What is MacKenzie Realty Capital, Inc.'s debt-to-equity ratio?
MacKenzie Realty Capital, Inc. (MKZR) had a debt-to-equity ratio of 3.39 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is MacKenzie Realty Capital, Inc.'s return on assets (ROA)?
MacKenzie Realty Capital, Inc. (MKZR) had a return on assets of -6.0% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is MacKenzie Realty Capital, Inc.'s P/E ratio?
MacKenzie Realty Capital, Inc. (MKZR) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2026). The market capitalization is $3.7M as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is MacKenzie Realty Capital, Inc.'s price-to-sales ratio?
MacKenzie Realty Capital, Inc. (MKZR) trades at 0.2x sales, its market capitalization divided by revenue of $20.0M revenue, FY2026. The market capitalization is $3.7M as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does MacKenzie Realty Capital, Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2026, MacKenzie Realty Capital, Inc. (MKZR) held $3.5M in cash, cash equivalents and investments, and reported an operating cash outflow of $3.3M over that year. Dividing the one by the other, the reported balance equals about 13 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is MacKenzie Realty Capital, Inc.'s Piotroski F-Score?
MacKenzie Realty Capital, Inc. (MKZR) has a Piotroski F-Score of 2 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are MacKenzie Realty Capital, Inc.'s earnings high quality?
MacKenzie Realty Capital, Inc. (MKZR) reported a net loss of $14.1M while operations used $3.3M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can MacKenzie Realty Capital, Inc. cover its interest payments?
MacKenzie Realty Capital, Inc. (MKZR) reported an operating loss of $15.6M against $9.9M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.