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North America Home Finance Inc. Financial Results for the Year Ended June 30, 2026

Newsfile Corp•28/10/2026•19:06 ET
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Key Highlights

  • ➤Total assets increased 25% to $142.88 million year-over-year
  • ➤Total revenue decreased 12% to $3.81 million
  • ➤Net income fell 10% to $3.11 million; EPS declined 13% to $0.038
  • ➤Rental income increased 75% to comprise 75% of revenue
  • ➤Investment-property fair-value accounting produced an $11.5 million gain

Expert Statements

George Lawton, CEO of North America Home Finance Inc.

“The company continues to grow its investment portfolio and pipeline and with the refinancing of the Saanich mortgage, the company is aligning its debt with the relevant assets. Additionally, with the adoption of fair value for the valuation of investment properties, the financial statements are now more indicative of the company' value,”

Vancouver, British Columbia--(Newsfile Corp. - October 28, 2026) - North America Home Finance Inc. (CSE: NAHF) (CSE: NAHF.PR.A) (CSE: NAHF.WT) ("NAHF" or the "Company"), a Canadian residential real estate finance and asset development company pioneering shared-equity homeownership solutions, today announced its financial results for the year ended June 30, 2026.

Financial Highlights * Total assets increased 25% in the year ended June 30, 2026, compared to June 30, 2025; * The Company saw an increase in the average annualized contractual recurring cash flow, a non-GAAP measure, from income-producing housing assets, returning to levels in 2025. Since March 31, 2026, occupancy in Kelowna has increased from 76% to 94% with a corresponding increase in average annualized contractual recurring cash flow. * In July 2026, the company refinanced the Saanich mortgage to a CMHC-insured 5-year term mortgage with Peakhill. * The Company finalized the settlement of its profit participation interest and promissory note obligation relating to the Five Crossings development project in Kelowna, British Columbia, confirming the profit participation entitlement of $5.57 million, the Company's outstanding promissory note obligation of $5.35 million and the contractual set-off of these amounts. * Total revenues decreased 12% for the year ended June 30, 2026, compared to June 30, 2025, resulting from the Company's move away from home sales to construction of rental communities where profit will be shown as fair value gain going forward and not be added to revenue. Home construction activity increased overall, with more homes for rent being built than were built for sale in the previous year. * The Company changed to its accounting policy for its investment properties to fair value which resulted in gain in fair value of $11.5 million over the previous amortized costs basis. "The company continues to grow its investment portfolio and pipeline and with the refinancing of the Saanich mortgage, the company is aligning its debt with the relevant assets. Additionally, with the adoption of fair value for the valuation of investment properties, the financial statements are now more indicative of the company' value," said CEO, George Lawton.

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