Scully Royalty (SRL) Financial Statements & Analysis

Scully Royalty (SRL) Income Statement

Scully Royalty reported revenue of CAD 35.30M in fiscal 2024 (fiscal year ended Dec 31, 2024), down 34.6% from CAD 53.96M a year earlier. Scully Royalty posted a net loss of CAD 20.59M, compared with net income of CAD 1.37M a year earlier. Gross margin was 80.0% and operating margin -44.5%. In the most recent quarter, Q2 fiscal 2025 (ended Jun 30, 2025), revenue was CAD 19.13M, up 5.0% from the same quarter a year earlier.

Scully Royalty Income Statement Analysis

Values in millions CAD

Income Statement Balance Sheet Cash Flow Ratios

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Scully Royalty Ltd. income statement - Annual data in millions CAD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	35.30	53.96	65.73	72.47	59.43	113.71	146.79	268.39
Cost of Revenue	9.09	25.57	40.48	41.33	24.52	106.92	141.93	236.74
Gross Profit	28.24	28.39	25.26	31.14	32.56	6.79	4.86	31.65
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	25.34	0.00	0.00	0.00	19.90	0.00	0.00	0.00
Operating Expenses	43.94	15.94	17.64	12.67	16.79	29.77	61.17	62.07
Operating Income	-15.70	12.45	7.62	18.47	15.77	-22.98	-56.30	-30.43
Other Income/Expense
Interest Income	3.54	3.79	4.11	0.66	0.51	1.06	0.89	0.95
Interest Expense	2.62	1.73	1.87	1.97	-0.05	1.04	1.94	8.02
Other Income/Expense	-1.66	-2.44	-32.34	-0.63	0.83	6.13	232.59	-7.19
Income
Income Before Tax	-22.90	10.01	-24.72	17.84	5.11	-16.85	176.29	-37.62
Income Tax Expense	1.25	8.64	-0.57	10.34	10.97	1.63	58.42	8.48
Net Income	-20.59	1.37	-24.15	7.69	0.37	-18.63	117.93	-46.87
Net Income - Continuous Operations	-21.61	1.37	-24.15	7.69	0.35	-18.63	117.93	-46.87
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-
EBITDA	1.37	19.53	-11.82	31.01	18.06	-7.28	184.52	-22.78
EBIT	-5.49	11.96	-22.15	19.48	7.10	-	-	-
Depreciation & Amortization	6.86	7.79	11.04	11.21	10.96	8.53	6.29	6.81
Earnings Per Share
Basic EPS	-1.00	-	-2.00	1.00	-	-1.00	9.00	-4.00
Diluted EPS	-1.00	-	-2.00	1.00	-	-1.00	9.00	-4.00
Basic Shares Outstanding	14.82	14.82	14.81	14.78	14.78	12.54	12.53	12.54
Diluted Shares Outstanding	14.82	14.82	14.81	14.91	14.78	12.54	12.53	12.54

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2025. Data sources and methodology

Frequently Asked Questions About Scully Royalty Financial Statements

What was Scully Royalty's revenue in fiscal 2024?

Scully Royalty reported revenue of CAD 35.30M in fiscal 2024 (fiscal year ended Dec 31, 2024). That was down 34.6% from CAD 53.96M a year earlier.

Is Scully Royalty profitable?

No. Scully Royalty reported a net loss of CAD 20.59M in fiscal 2024. In fiscal 2023 it earned CAD 1.37M.

What is Scully Royalty's operating margin?

Scully Royalty's operating income was −CAD 15.70M on revenue of CAD 35.30M in fiscal 2024, an operating margin of -44.5%, compared with 23.1% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition