Earnings

Gulf & Pacific Equities Corp. reports on Second Quarter Results with Revenue of $1,124,742 And welcomes La Vie en Rose to Tri-City Mall

By The Northwire Desk — AI Analysis Aug 22, 2025 · 07:15 GUF · 0.46 Gulf & Pacific Equities Corp.

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Gulf & Pacific Equities Corp. reported financial results for the quarters ended June 30, 2025, showing a decrease in revenue and a net loss for the period.
The company announced new commercial lease agreements signed subsequent to the second quarter, including a long-term lease with La Vie en Rose for Tri-City Mall.
Additional premises were leased to IDK Deals and Le’s Heaven, operated by local entrepreneurs in Cold Lake.

Revenue (Three Months Ended June 30, 2025): $1,124,742, representing a 1.7% decrease from $1,143,880 in the same period of 2024.
Revenue (Six Months Ended June 30, 2025): $2,257,363, compared to $2,231,766 in 2024.
Net Income/Loss (Three Months Ended June 30, 2025): Net loss of $7,652 (2024: Net income of $31,169).
Net Income/Loss (Six Months Ended June 30, 2025): Net loss of $322,444 (2024: Net loss of $1,249).
Net Income Before Adjustments (Three Months Ended June 30, 2025): $17,394 (2024: $14,120).
Net Income Before Adjustments (Six Months Ended June 30, 2025): $73,472 (2024: Loss of $32,370).
Net Loss Per Share (Six Months Ended June 30, 2025): $(0.02) basic and diluted.
Weighted Average Shares Outstanding (Basic): 21,410,685 for both the three and six months ended June 30, 2025.
New Lease Activity:
- Signed a long-term lease with La Vie en Rose for Tri-City Mall, with an anticipated opening in Q4 2025.
- Leased premises to IDK Deals and Le’s Heaven (operated by Cold Lake entrepreneurs).

No direct quotes from the CEO or President were included in the provided text.

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