Invesque (IVQ) Q3 2026 earnings summary

Executive summary

• Q3 2026 net income was $1.613 million, compared with a net loss of $33.164 million in Q3 2025; revenue declined to $2.847 million from $6.558 million.

• The portfolio comprises four senior housing properties and loans receivable; three properties are under purchase and sale agreements with targeted closings before Dec. 31, 2026.

Financial highlights

• 9M 2026 revenue was $8.103 million vs. $73.498 million in 9M 2025; net income was $1.588 million vs. a net loss of $26.160 million.

• Q3 FFO was a loss of $35,000 vs. a loss of $2.046 million in Q3 2025; AFFO was a loss of $47,000 vs. income of $31,000.

• 9M FFO was a loss of $780,000 vs. a loss of $1.485 million in 9M 2025; AFFO was a loss of $858,000 vs. income of $2.664 million.

Outlook and guidance

• Three property sales have targeted closings before Dec. 31, 2026, subject to standard due diligence and closing conditions.

• The proposed arrangement requires Supreme Court of British Columbia and shareholder approvals; a special shareholder meeting was scheduled for Nov. 16, 2026.