Real Estate Credit Investments Ltd (RECI)

Sector:

Financials

Index:

FTSE Small Cap

127.00p
   
  • Change Today:
      0.50p
  • 52 Week High: 132.50p
  • 52 Week Low: 114.00p
  • Currency: UK Pounds
  • Shares Issued: 221.89m
  • Volume: 488,109
  • Market Cap: £281.81m
  • Beta: 0.15

Dividend Data

  31-Mar-2331-Mar-2231-Mar-2131-Mar-2031-Mar-19
Q1 Dividend3.00p3.00p3.00p3.00p3.00p
Q2 Dividend3.00p3.00p3.00p3.00p3.00p
Q3 Dividend3.00p3.00p3.00p3.00p3.00p
Q4 Dividend3.00p3.00p3.00p3.00p3.00p
Total Dividend12.00p12.00p12.00p12.00p12.00p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Continuing Operations          
Revenue 31.92 26.98 27.00 26.43 22.31
Operating Profit/(Loss) 30.67 32.37 39.48 (15.93) 20.44
Net Interest 3.97 1.95 (2.24) (1.49) (1.20)
Profit Before Tax 20.55 24.57 37.24 (17.42) 19.23
Profit After Tax 20.55 24.57 37.24 (17.42) 19.23
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 20.55 24.57 37.24 (17.42) 19.23
Attributable to:          
Equity Holders of Parent Company 20.55 24.57 37.24 (17.42) 19.23
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 9.00p 10.70p 16.20p (8.70p) 13.10p
Earnings per Share - Diluted 9.00p 10.70p 16.20p (8.70p) 13.10p
Earnings per Share - Adjusted 9.00p 10.70p 16.20p (8.70p) 13.10p
Continuing and Discontinued EPS          
Earnings per Share - Basic 9.00p 10.70p 16.20p (8.70p) 13.10p
Earnings per Share - Diluted 9.00p 10.70p 16.20p (8.70p) 13.10p
Earnings per Share - Adjusted 9.00p 10.70p 16.20p (8.70p) 13.10p
           
Dividend per Share 12.00p 12.00p 12.00p 12.00p 12.00p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-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 400.74 394.34 390.00 375.00 302.00
Other Financial Assets n/a n/a 0.44 0.16 0.45
Other Non-Current Assets n/a n/a n/a n/a n/a
  400.74 394.34 390.44 375.16 302.45
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables n/a n/a n/a n/a n/a
Cash at Bank & in Hand 14.08 47.39 21.22 51.98 40.07
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 4.17 5.23 14.59 14.64 12.63
  18.25 52.61 35.81 66.62 52.70
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 418.99 446.95 426.00 442.00 355.00
           
Liabilities          
Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
Other Current Liabilities 82.02 103.02 79.37 104.62 101.95
  82.02 103.02 79.37 104.62 101.95
           
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 82.02 103.02 79.37 104.62 101.95
           
Net Assets 336.97 343.94 346.88 337.16 253.20
           
Capital & Reserves          
Share Capital n/a n/a n/a n/a n/a
Share Premium Account n/a n/a n/a n/a n/a
Other Reserves 336.97 343.94 346.88 337.16 253.20
Retained Earnings n/a n/a n/a n/a n/a
Shareholders Funds 336.97 343.94 346.88 337.16 253.20
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 336.97 343.94 346.88 337.16 253.20
Cash Flow 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Net Cash Flow From Operating Activities 18.31 33.00 43.11 (108.37) 5.41
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 (51.61) (6.83) (48.90) 96.75 26.01
Net Increase/Decrease In Cash (33.30) 26.16 (5.80) (11.63) 31.42
Ratios - based on IFRS 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Continuing Operations          
PE Ratio - Adjusted 14.8 14.1 8.5 n/a 12.8
PEG - Adjusted n/a n/a n/a n/a 12.8
Earnings per Share Growth - Adjusted -16% -34% n/a n/a 1%
Dividend Cover 0.75 0.89 1.35 (0.72) 1.09
Revenue per Share 14.39¢ 12.16¢ 0.12¢ 11.91¢ 10.05¢
Pre-Tax Profit per Share 9.26¢ 11.07¢ 0.17¢ (7.85¢) 8.67¢
Operating Margin 96.06% 119.97% 146.22% (60.27%) 91.62%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 14.8 14.1 847.0 n/a 12.8
PEG - Adjusted n/a 0.0 n/a n/a 12.8
Earnings per Share Growth - Adjusted -16% 6,443% n/a n/a 1%
Dividend Cover 0.75 0.89 0.01 (0.72) 1.09
           
Dividend Yield 9.0% 7.9% 8.7% 10.3% 7.1%
Dividend per Share Growth n/a n/a n/a n/a n/a
Operating Cash Flow per Share 8.25¢ 14.87¢ 19.43¢ (48.84¢) 2.44¢
Cash Incr/Decr per Share (15.01¢) 11.79¢ (0.026¢) (5.24¢) 14.16¢
Net Asset Value per Share (exc. Intangibles) 151.86¢ 155.00¢ 156.33¢ 151.95¢ 114.11¢
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: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: Forecast figures based on normalised accounts.

 

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