Business

NexLiving Communities Reports Record Q4 2025 Results and Announces Promotion of Ahmed Shethwala to Chief Financial Officer

HALIFAX, Nova Scotia, April 10, 2026 (GLOBE NEWSWIRE) -- (TSXV: NXLV) –  NexLiving...

articleNexliving Communities IncApril 10, 20264/company/nexliving-communities-inc/news/nexliving-communities-reports-record-q4-2025-results-and-announces-promotion-of-ahmed-shethwala-to-chief-financial-officer
NexLiving Communities Reports Record Q4 2025 Results and Announces Promotion of Ahmed Shethwala to Chief Financial Officer

About this update from Nexliving Communities Inc

[{"type":"text","content":"NexLiving Communities Reports Record Q4 2025 Results and Announces Promotion of Ahmed Shethwala to Chief Financial Officer\nHALIFAX, Nova Scotia, April 10, 2026 (GLOBE NEWSWIRE) -- (TSXV: NXLV) – NexLiving Communities Inc. (“NexLiving” or the “Company”) announced operating and financial results for the three months and year ended December 31, 2025. Stavro Stathonikos, President & CEO commented: “Q4 capped a record year for NexLiving, with 53% growth in cash flow per share driven by the internalization of our operations and integration of acquisitions. With that work largely complete, we enter 2026 with an efficient, technology-enabled platform and a stronger base of free cash flow. Our focus this year is on unlocking value across the existing portfolio and deploying capital into accretive acquisitions to continue to compound value for our shareholders.” Summary of Results: Net operating income (“NOI”) increased by +7% to $5.3 million for the three-month period and +45% for the year ended December 31, 2025.Same property NOI increased +4.1%, driven by a +3.5% increase in revenue, partially offset by a +2.6% rise in expenses for the three-month period ended December 31, 2025.Funds from operations (“FFO”) increased +53% to $2.0 million and fully diluted FFO per share increased +53% to $0.06 for the three-month period ended December 31, 2025. Q4 2025 Operating and Financial Highlights:As at31-Dec-2531-Dec-24ChangeNumber of suites 2,073  1,998 75 Occupancy 96.8% 96.4%40 bpsNet Debt to GBV* 68.7% 67.7%100 bpsWeighted average term to debt maturity (years) 3.5  4.2 (0.7) yrsWeighted average contractual interest rate 3.11% 3.17%(6) bpsNet asset value 139,136,844  136,225,487 2.1%Net asset value per share$4.23 $4.12 2.7%        For the three months ended December 31, 2025  2024 ChangeNOI 5,270,847  4,906,359 7.4%NOI margin 60.4% 57.9%250 bpsFFO* 2,019,268  1,317,642 53.2%FFO per share - diluted* 0.06  0.04 53.4%FFO payout ratio* 16% 25%(900) bpsSame property revenue* 4,537,131  4,385,704 3.5%Sam...

More updates from Nexliving Communities Inc