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Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.
Stocks in play: Mainstreet Equity Corp.
In Q3 2023, achieved double-digit, year-over-year growth across all key operating metrics for the seventh consecutive quarter. Funds from operations increased 32%, net operating income grew 22% and rental revenues rose 18%. Same-asset revenue and NOI also accelerated, increasing 10% and 13%, respectively. Despite inflationary pressures, operating margins improved to 63%, up from 61% in 2022. Mainstreet Equity Corp. shares T.MEQ are trading up $1.77 at $135.40.
