Breakdown | |||||
TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
65.43M | 63.98M | 56.25M | 50.77M | 49.22M | 48.53M | Gross Profit |
65.43M | 51.61M | 46.63M | 42.11M | 40.67M | 38.00M | EBIT |
35.98M | 30.79M | 20.46M | 60.34M | 26.85M | 19.25M | EBITDA |
-78.73M | -38.62M | 18.27M | 40.97M | -74.26M | -75.09M | Net Income Common Stockholders |
-46.91M | -84.50M | -23.63M | 10.44M | -61.38M | -67.25M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
5.70M | 18.77M | 9.21M | 26.00M | 4.89M | 3.58M | Total Assets |
834.24M | 1.05B | 907.69M | 937.22M | 810.71M | 845.70M | Total Debt |
352.75M | 540.85M | 459.50M | 456.25M | 432.44M | 448.56M | Net Debt |
347.05M | 522.08M | 450.29M | 430.25M | 427.55M | 444.99M | Total Liabilities |
416.51M | 697.08M | 574.07M | 567.84M | 532.30M | 548.43M | Stockholders Equity |
401.07M | 254.71M | 359.07M | 391.60M | 296.34M | 297.88M |
Cash Flow | Free Cash Flow | ||||
29.45M | 19.89M | 32.26M | 11.18M | 19.70M | 10.93M | Operating Cash Flow |
29.45M | 20.38M | 32.55M | 11.29M | 19.89M | 11.66M | Investing Cash Flow |
-255.00K | -7.31M | 26.91M | -52.85M | -1.53M | -5.45M | Financing Cash Flow |
-33.93M | -3.48M | -75.05M | 63.78M | -9.92M | -17.95M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
71 Outperform | £9.43B | 15.59 | 5.18% | 4.17% | -9.88% | ― | |
65 Neutral | £3.80B | 20.89 | 3.17% | 5.99% | -30.83% | ― | |
61 Neutral | $4.72B | 17.64 | -3.07% | 10.89% | 5.99% | -21.86% | |
54 Neutral | £4.18B | 39.59 | 1.61% | 7.10% | -1.73% | ― | |
50 Neutral | £1.21B | ― | -2.09% | 6.18% | 6.08% | ― | |
43 Neutral | £41.00M | ― | -37.17% | 13.93% | 25.50% | -91.61% |
Grit Real Estate Income Group Limited has released its abridged unaudited consolidated results for the six months ending 31 December 2024. The publication of these results demonstrates the company’s continued commitment to transparency and financial accountability, which is crucial for maintaining stakeholder trust and supporting its market position in the pan-African real estate industry.
Grit Real Estate Income Group Limited reported a 13% increase in property portfolio net operating income for the six months ending December 2024, driven by contributions from data centers and healthcare segments. The company’s strategic focus on cost reduction and active portfolio management has strengthened its balance sheet, despite an increase in net finance costs due to higher borrowing levels. The company’s efforts in asset management have resulted in a defensive portfolio with significant income from long-term hard currency leases, providing a resilient foundation for future growth opportunities. However, the period also saw a decrease in the EPRA net reinstatement value per share and an increase in administrative costs, reflecting ongoing adjustments and strategic initiatives.
Grit Real Estate Income Group Limited announced it will release its half-year results for the period ending December 31, 2024, on February 14, 2025. The company will host a live investor presentation on the same day, welcoming both existing and potential shareholders to participate and pose questions in advance. This announcement underscores Grit’s commitment to transparency and engaging with its investors, which could enhance its market presence and investor confidence.