TORONTO, Sept. 12, 2024 (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, 2024.
HIGHLIGHTS
Total revenues for the three months ended July 31, 2024 were $727,502 compared to $742,639 for the same period in 2023;
The non-GAAP financial measure Net Operating Income for Q1 fiscal 2025 was $607,453 compared to $583,806 in fiscal 2024;
Net income for Q1 fiscal 2025 was $0.14 per share for the year, compared to $0.14 net income per share in Q1 fiscal 2024.
FINANCIAL HIGHLIGHTS
Total revenues for the three months ended July 31, 2024 fell $15,137 compared to the three months ended July 31, 2023, a result of reduced finance income.
Three months ended
July 31
2024
2023
Property revenue
$679,578
$669,478
Finance income
47,924
73,161
Total revenues
$727,502
$742,639
Net income attributable to common and special shareholders
$250,407
$247,951
Average common and special shares outstanding
1,808,360
1,808,360
Income (loss) per share
$0.14
$0.14
Components of the $2,456 decrease in net income for the three months ended July 31, 2024 compared to the three months ended July 31, 2023 are:
Changes in Net Income - Three months ended July 31, 2024
compared to three months ended July 31, 2023
