Alternative Income Reit (AIRE)

67.20p
   
  • Change Today:
      0.50p
  • 52 Week High: 74.00
  • 52 Week Low: 55.40
  • Currency: UK Pounds
  • Shares Issued: 80.50m
  • Volume: 12,415
  • Market Cap: £54.10m
  • RiskGrade: 140

Dividend Data

  30-Jun-2330-Jun-2230-Jun-2130-Jun-2030-Jun-19
1st Interim1.38p1.30p1.25p1.38p1.38p
2nd Interim1.38p1.30p1.00p1.38p1.38p
3rd Interim1.38p1.30p1.25p0.82p1.38p
4th Interim1.92p1.60p1.64p1.43p1.38p
Total Dividend6.04p5.50p5.14p5.00p5.50p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20 30-Jun-19
Continuing Operations          
Revenue 8.66 7.90 7.41 7.81 6.91
Operating Profit/(Loss) (3.82) 14.59 6.99 (3.61) 5.41
Net Interest (1.42) (1.42) (1.42) (1.44) (1.17)
Profit Before Tax (5.24) 13.17 5.57 (5.05) 4.23
Profit After Tax (5.24) 13.17 5.57 (5.05) 4.23
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD (5.24) 13.17 5.57 (5.05) 4.23
Attributable to:          
Equity Holders of Parent Company (5.24) 13.17 5.57 (5.05) 4.23
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic (6.51p) 16.36p 6.92p (6.27p) 5.26p
Earnings per Share - Diluted (6.51p) 16.36p 6.92p (6.27p) 5.26p
Earnings per Share - Adjusted 6.43p 5.57p 5.07p 4.25p 4.86p
Continuing and Discontinued EPS          
Earnings per Share - Basic (6.51p) 16.36p 6.92p (6.27p) 5.26p
Earnings per Share - Diluted (6.51p) 16.36p 6.92p (6.27p) 5.26p
Earnings per Share - Adjusted 6.43p 5.57p 5.07p 4.25p 4.86p
           
Dividend per Share 6.04p 5.50p 5.14p 5.00p 5.50p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20 30-Jun-19
Assets          
Non-Current Assets          
Property, Plant & Equipment n/a n/a n/a n/a n/a
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties 103.85 115.12 107.03 100.27 112.56
Investments n/a n/a n/a n/a n/a
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets n/a n/a n/a n/a n/a
  103.85 115.12 107.03 100.27 112.56
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 4.19 4.03 3.68 5.42 1.15
Cash at Bank & in Hand 3.48 2.54 2.12 2.29 5.52
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a n/a n/a n/a n/a
  7.68 6.58 5.80 7.70 6.67
           
Other Assets n/a n/a n/a 2.73 n/a
Total Assets 111.52 121.70 112.82 110.71 119.24
           
Liabilities          
Current Liabilities          
Borrowings 0.03 0.04 0.04 0.04 0.04
Other Current Liabilities 2.75 3.15 3.04 2.60 2.08
  2.78 3.18 3.08 2.64 2.12
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 40.99 40.92 40.85 40.79 40.80
Provisions n/a n/a n/a n/a n/a
Other Non-Current Liabilities n/a n/a n/a n/a n/a
  40.99 40.92 40.85 40.79 40.80
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 43.77 44.10 43.93 43.43 42.91
           
Net Assets 67.75 77.60 68.89 67.29 76.32
           
Capital & Reserves          
Share Capital 0.81 0.81 0.81 0.81 0.81
Share Premium Account n/a n/a n/a n/a n/a
Other Reserves 75.42 75.42 75.42 n/a n/a
Retained Earnings (8.47) 1.38 (7.33) 66.48 75.52
Shareholders Funds 67.75 77.60 68.89 67.29 76.32
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 67.75 77.60 68.89 67.29 76.32
Cash Flow 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20 30-Jun-19
Net Cash Flow From Operating Activities 6.39 6.22 8.05 2.23 5.38
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities 0.61 0.02 (2.91) n/a (13.28)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (6.05) (5.81) (5.31) (5.47) 6.82
Net Increase/Decrease In Cash 0.94 0.43 (0.17) (3.23) (1.08)
Ratios - based on IFRS 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20 30-Jun-19
Continuing Operations          
PE Ratio - Adjusted 10.1 14.7 14.0 12.6 16.2
PEG - Adjusted 0.7 1.5 0.7 n/a 0.1
Earnings per Share Growth - Adjusted 15% 10% 19% -13% 111%
Dividend Cover 1.06 1.01 0.99 0.85 0.88
Revenue per Share 10.76p 9.81p 0.093p 9.70p 8.58p
Pre-Tax Profit per Share (6.51p) 16.36p 0.070p (6.27p) 5.25p
Operating Margin (44.05%) 184.65% 94.39% (46.22%) 78.29%
Return on Capital Employed n/a 12.31% 0.06% n/a 4.61%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 10.1 14.7 1,387.3 12.6 16.2
PEG - Adjusted 0.7 0.0 n/a n/a 0.1
Earnings per Share Growth - Adjusted 15% 10,784% -99% -13% 111%
Dividend Cover 1.06 1.01 0.01 0.85 0.88
           
Dividend Yield 9.3% 6.7% 7.2% 9.3% 7.0%
Dividend per Share Growth 9.91% 7.00% 2.80% (9.09%) 69.23%
Operating Cash Flow per Share 7.93p 7.72p 10.00p 2.78p 6.68p
Cash Incr/Decr per Share 1.17p 0.53p n/a (4.01p) (1.33p)
Net Asset Value per Share (exc. Intangibles) 84.16p 96.40p 85.58p 83.58p 94.81p
Net Gearing 55.41% 49.50% 56.28% 57.28% 46.27%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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