BTBIF - BTB Real Estate Investment Trust GAAP EPS of $0.21 revenue of $28.98M beats by $7.26M

• BTB Real Estate Investment Trust press release ( OTC:BTBIF ): Q2 GAAP EPS of $0.21.
• Revenue of $28.98M (+11.3% Y/Y) beats by $7.26M .
• Recurring FFO was 11.4¢ per unit for the quarter compared to 12.5¢ per unit for the same period in 2021.
• Recurring AFFO was 11.0¢ per unit for the quarter compared to 11.8¢ per unit for the same period in 2021.
• Recurring FFO payout ratio stood at 65.5% for the quarter compared to 59.9% for the same period in 2021.
• Recurring AFFO payout ratio stood at 68.3% for the quarter  compared to 63.7% for the same period in 2021.
• Collection rate was 98.0% of invoiced rent during the quarter and 98.5% on a cumulative basis for 2022.
• BTB held $3.0M of cash at the end of the quarter and $26.7M of availability under its credit facilities.

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