Rights & Issues Investment Trust (RIII)

Sector:

Alternative Investment Instruments

Index:

FTSE Small Cap

2,330.00p
   
  • Change Today:
    -10.00p
  • 52 Week High: 2,500.00p
  • 52 Week Low: 1,850.00p
  • Currency: UK Pounds
  • Shares Issued: 4.95m
  • Volume: 4,226
  • Market Cap: £115.23m
  • RiskGrade: 86
  • Beta: 0.34

Dividend Data

  31-Dec-2331-Dec-2231-Dec-2131-Dec-2031-Dec-19
Interim Dividend11.75p10.75p10.75p10.75p10.75p
Final Dividend31.25p29.25p24.00p21.50p21.50p
Total Dividend43.00p40.00p34.75p32.25p32.25p
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 4.09 3.65 3.64 1.61 3.16
Operating Profit/(Loss) 2.95 2.71 2.92 0.86 2.36
Net Interest n/a n/a n/a n/a n/a
Profit Before Tax 2.95 2.71 2.92 0.86 2.36
Profit After Tax 2.95 2.71 2.92 0.86 2.36
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 2.95 2.71 2.92 0.86 2.36
Attributable to:          
Equity Holders of Parent Company 2.95 2.71 2.92 0.86 2.36
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 50.40p 38.90p 38.80p 11.40p 30.20p
Earnings per Share - Diluted 50.40p 38.90p 38.80p 11.40p 30.20p
Earnings per Share - Adjusted 50.40p 38.90p 38.80p 11.40p 30.20p
Continuing and Discontinued EPS          
Earnings per Share - Basic 50.40p 38.90p 38.80p 11.40p 30.20p
Earnings per Share - Diluted 50.40p 38.90p 38.80p 11.40p 30.20p
Earnings per Share - Adjusted 50.40p 38.90p 38.80p 11.40p 30.20p
           
Dividend per Share 43.00p 40.00p 34.75p 32.25p 32.25p
  £ (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 n/a n/a
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties n/a n/a n/a n/a n/a
Investments 129.99 134.45 196.40 158.01 155.70
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
  129.99 134.45 196.40 158.01 155.70
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 0.56 0.56 0.64 0.68 0.53
Cash at Bank & in Hand 1.05 6.04 26.76 12.47 15.32
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a n/a n/a n/a 0.08
  1.61 6.60 27.40 13.15 15.93
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 131.60 141.05 223.80 171.16 171.63
           
Liabilities          
Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
Other Current Liabilities 0.24 0.26 0.07 0.83 0.08
  0.24 0.26 0.07 0.83 0.08
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
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
  n/a n/a n/a n/a n/a
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 0.24 0.26 0.07 0.83 0.08
           
Net Assets 131.36 140.78 223.73 170.33 171.55
           
Capital & Reserves          
Share Capital 1.40 1.54 1.84 1.88 1.88
Share Premium Account n/a n/a n/a n/a n/a
Other Reserves 127.14 136.94 219.78 167.04 166.70
Retained Earnings 2.82 2.31 2.11 1.40 2.97
Shareholders Funds 131.36 140.78 223.73 170.33 171.55
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 131.36 140.78 223.73 170.33 171.55
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 8.03 7.98 21.27 (0.42) 13.56
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 n/a n/a n/a n/a n/a
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 (13.02) (28.70) (6.98) (2.43) (11.55)
Net Increase/Decrease In Cash (4.99) (20.72) 14.29 (2.85) 2.01
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted 42.3 48.6 70.7 184.6 73.7
PEG - Adjusted 1.4 n/a 0.3 n/a n/a
Earnings per Share Growth - Adjusted 30% 0% 240% -62% -12%
Dividend Cover 1.17 0.97 1.12 0.35 0.94
Revenue per Share 82.77p 73.85p 0.74p 32.48p 63.88p
Pre-Tax Profit per Share 59.71p 54.80p 0.59p 17.33p 47.64p
Operating Margin 72.15% 74.21% 80.11% 53.36% 74.58%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 42.3 48.6 7,008.8 184.6 73.7
PEG - Adjusted 1.4 0.0 n/a n/a n/a
Earnings per Share Growth - Adjusted 30% 9,832% -97% -62% -12%
Dividend Cover 1.17 0.97 0.01 0.35 0.94
           
Dividend Yield 2.0% 2.1% 1.3% 1.5% 1.4%
Dividend per Share Growth 7.50% 15.11% 7.75% n/a 2.38%
Operating Cash Flow per Share 162.38p 161.41p 430.04p (8.41p) 274.20p
Cash Incr/Decr per Share (100.86p) (419.02p) 2.92p (57.59p) 40.69p
Net Asset Value per Share (exc. Intangibles) 2,656.23p 2,846.80p 4,524.12p 3,444.25p 3,469.04p
Net Gearing n/a n/a n/a n/a n/a

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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