Gulf & Pacific Equities Corp. reports on 2024 Year-End Results with Revenue of $4,673,950

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[{"type":"text","content":"Gulf & Pacific Equities Corp. reports on 2024 Year-End Results with Revenue of $4,673,950\n\n\n\n Toronto, April 25, 2025 (GLOBE NEWSWIRE) -- Gulf & Pacific Equities Corp. (TSX-V:\n \n GUF\n \n ) an established company focused on the acquisition, management and development of anchored shopping centres in Western Canada, reports a 5.2% increase in revenues to $4,673,950 in the year ended December 31, 2024, from $4,442,745 at the same period last year.\n \n\n Details of the twelve and three months financial results for fiscal 2024 and 2023 under International Financial Reporting Standards (IFRS), as summarized below, are also available at\n \n www.sedar.com\n \n or the company's website\n \n www.gpequities.com\n \n .\n \n\n\n\n\n\n\n Year Ended\n \n\n\n\n\n\n Three Months Ended\n \n\n\n\n\n\n\n\n (Audited)\n \n\n\n\n\n\n (Unaudited)\n \n\n\n\n\n\n\n\n December 31,\n \n\n\n\n\n\n December 31,\n \n\n\n\n\n\n\n\n\n\n 2024\n \n\n\n\n\n\n 2023\n \n\n\n\n\n\n\n\n\n\n 2024\n \n\n\n\n\n\n 2023\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Revenue\n \n\n\n $\n \n\n 4,673,950\n \n\n $\n \n\n 4,442,745\n \n\n\n\n\n\n $\n \n\n 1,272,335\n \n\n $\n \n\n 1,260,190\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Net Income (Loss) before fair value\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n adjustment, other income items and\n \n\n income taxes\n \n\n\n $\n \n\n 246,910\n \n\n $\n \n\n (23,161\n \n\n )\n \n\n\n\n $\n \n\n 186,149\n \n\n $\n \n\n 59,730\n \n\n\n\n\n Net Income per common share\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n before fair value adjustment, other income items and\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n income taxes – basic and diluted\n \n\n\n $\n \n\n 0.01\n \n\n $\n \n\n -\n \n\n\n\n\n\n $\n \n\n 0.01\n \n\n $\n \n\n -\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Net Income and Comprehensive\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Income\n \n\n\n $\n \n\n 194,972\n \n\n $\n \n\n 1,161,620\n \n\n\n\n\n\n $\n \n\n 63,022\n \n\n $\n \n\n 516,695\n \n\n\n\n\n Net Income and Comprehensive\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Income per common share\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n – basic\n \n\n\n $\n \n\n 0.01\n \n\n $\n \n\n 0.05\n \n\n\n\n\n\n $\n \n\n -\n \n\n $\n \n\n 0.02\n \n\n\n\n\n Net Income and Comprehensive\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Income per common share\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n – diluted\n \n\n\n $\n \n\n 0...

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