Mr. Bruno Wall reports

WALL FINANCIAL CORPORATION ANNOUNCES Q3 2026 FISCAL RESULTS

Wall Financial Corp. has released its operating results and financial statements for the nine months ended Oct. 31, 2025. The company recorded net earnings and comprehensive income attributable to shareholders of the company for the nine months ended Oct. 31, 2025, of $30,271,243 or 94 cents per share, compared with $24,389,582 or 76 cents per share in the prior period.

Net earnings from rental apartment operations increased due to increased rents and lower interest expense. Earnings from the company's hotels increased due to lower operating costs, higher overall occupancy and average daily rates. Revenues and earnings from the company's development operations decreased due to fewer units sales.

The unaudited financial information in the attached table, including comparative information, is expressed in Canadian dollars and has been prepared in accordance with international financial reporting standards, using the same accounting policies and methods of application as described in notes 2 and 3 of the company's audited consolidated financial statements for the years ended Jan. 31, 2025, and Jan. 31, 2024.

Wall Financial is a British Columbia-based real estate company active in the development and management of residential and commercial rental units, the development and construction of residential housing for resale, and the development and management of hotel properties.