Real Estate Investors (RLE)

Sector:

Real Estate

Index:

FTSE AIM All-Share

 34.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 34.50
  • 52 Week Low: 27.50
  • Currency: UK Pounds
  • Shares Issued: 174.38m
  • Volume: 388
  • Market Cap: £59.29m
  • RiskGrade: 129

Dividend Data

  31-Dec-2331-Dec-2231-Dec-2131-Dec-2031-Dec-19
Q1 Dividend0.62p0.81p0.75p0.50p0.94p
Q2 Dividend0.62p0.81p0.75p0.50p0.94p
Q3 Dividend0.62p0.44p0.75p0.50p0.94p
Q4 Dividend0.62p0.44p0.81p1.50p1.00p
Total Dividend2.50p2.50p2.25p3.00p3.81p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 11.51 13.29 15.97 16.42 16.60
Operating Profit/(Loss) (6.71) 11.65 15.73 (16.13) 7.22
Net Interest (2.19) (2.93) (3.19) (3.62) n/a
Profit Before Tax (9.41) 10.93 13.92 (20.24) 3.66
Profit After Tax (9.41) 10.93 13.92 (20.64) 3.66
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD (9.41) 10.93 13.92 (20.64) 3.66
Attributable to:          
Equity Holders of Parent Company (9.41) 10.93 13.92 (20.64) 3.66
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic (5.44p) 6.33p 7.76p (11.51p) 1.96p
Earnings per Share - Diluted (5.44p) 6.25p 7.64p (11.51p) 1.93p
Earnings per Share - Adjusted 2.59p 2.68p 3.67p 4.54p 4.32p
Continuing and Discontinued EPS          
Earnings per Share - Basic (5.44p) 6.33p 7.76p (11.51p) 1.96p
Earnings per Share - Diluted (5.44p) 6.25p 7.64p (11.51p) 1.93p
Earnings per Share - Adjusted 2.59p 2.68p 3.67p 4.54p 4.32p
           
Dividend per Share 2.50p 2.50p 3.06p 3.00p 3.81p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Non-Current Assets          
Property, Plant & Equipment n/a n/a n/a 0.01 0.01
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties n/a n/a n/a 197.52 225.07
Investments 143.10 173.03 188.49 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 0.41
  143.11 173.03 188.49 197.52 225.49
Current Assets          
Inventories 2.39 2.39 2.38 3.80 3.78
Trade & Other Receivables 2.55 3.11 3.59 4.34 2.42
Cash at Bank & in Hand 7.98 7.82 9.84 4.24 10.09
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a 0.07 n/a n/a n/a
  12.93 13.38 15.81 12.37 16.30
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 156.03 186.42 204.30 209.90 241.78
           
Liabilities          
Current Liabilities          
Borrowings 54.41 20.33 2.48 45.58 7.37
Other Current Liabilities 5.64 5.98 7.68 7.34 8.11
  60.04 26.31 10.16 52.92 15.48
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings n/a 51.15 86.96 55.78 97.81
Provisions n/a n/a n/a n/a n/a
Other Non-Current Liabilities 0.43 n/a 2.15 3.53 3.05
  0.43 51.15 89.11 59.31 100.86
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 60.47 77.45 99.28 112.22 116.34
           
Net Assets 95.56 108.96 105.02 97.67 125.44
           
Capital & Reserves          
Share Capital 17.39 17.27 17.94 17.94 18.64
Share Premium Account 52.04 51.83 51.72 51.72 51.72
Other Reserves 1.89 2.22 1.51 1.36 1.15
Retained Earnings 24.24 37.65 33.85 26.66 53.93
Shareholders Funds 95.56 108.96 105.02 97.67 125.44
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 95.56 108.96 105.02 97.67 125.44
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 6.60 7.13 11.81 9.66 11.61
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 16.72 19.60 15.21 (0.33) (8.34)
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 (23.16) (28.75) (21.42) (15.19) (4.03)
Net Increase/Decrease In Cash 0.16 (2.02) 5.60 (5.85) (0.75)
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted 11.7 10.7 10.8 7.5 12.3
PEG - Adjusted n/a n/a n/a 1.5 1.0
Earnings per Share Growth - Adjusted -3% -27% -19% 5% 12%
Dividend Cover 1.04 1.07 1.20 1.51 1.13
Revenue per Share 6.60p 7.62p 0.092p 9.42p 9.52p
Pre-Tax Profit per Share (5.39p) 6.27p 0.081p (11.60p) 2.10p
Operating Margin (58.32%) 87.66% 98.46% (98.20%) 43.49%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 11.7 10.7 1,066.3 7.5 12.3
PEG - Adjusted n/a 0.0 n/a 1.5 1.0
Earnings per Share Growth - Adjusted -3% 7,134% -99% 5% 12%
Dividend Cover 1.04 1.07 0.01 1.51 1.13
           
Dividend Yield 8.3% 8.7% 7.8% 8.8% 7.2%
Dividend per Share Growth n/a (18.37%) 2.08% (21.31%) 7.02%
Operating Cash Flow per Share 3.78p 4.09p 6.77p 5.54p 6.66p
Cash Incr/Decr per Share 0.093p (1.16p) 0.032p (3.36p) (0.43p)
Net Asset Value per Share (exc. Intangibles) 54.80p 62.49p 60.23p 56.01p 71.94p
Net Gearing 48.58% 58.42% 75.80% 99.43% 75.80%

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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