Boston Pizza Royalties Income Fund (BPF.UN:CA) Q4 2025 Earnings Call Transcript
Seeking Alpha
February 13, 2026
AI-Generated Deep Dive Summary
Boston Pizza Royalties Income Fund (BPF.UN:CA) held its Q4 2025 earnings call on February 13, 2026, at 11:30 AM EST. The event featured Michael Harbinson, Chief Financial Officer of Boston Pizza International Inc., and Jordan Holm, Director & President of Boston Pizza GP Inc. The call focused on discussing the financial results for both the Fund and Boston Pizza International (BPI) for the quarter. Participants included Nick Corcoran from Acumen Capital Finance Partners Limited, representing the investment community.
The Fund, a limited-purpose open-ended trust established under British Columbia law, primarily generates income through royalties derived from BPI's Canadian Boston Pizza Restaurants. The earnings call provided an in-depth look at the Fund's financial performance and strategic initiatives. Key highlights included insights into royalty revenue streams tied to franchise operations, distribution policies, and growth strategies. Harbinson emphasized the importance of these royalties in driving long-term stability for the Fund.
The discussion also highlighted BPI’s operational strengths, including its robust brand presence and strong relationships with franchisees. The company outlined how these partnerships contribute to sustained revenue generation and market expansion. Additionally, the call touched on the Fund's role as a passive investment vehicle,
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Originally published on Seeking Alpha on 2/13/2026