Grit Real Estate Income Group Limited NPV (GR1T)

Sector:

Real Estate

 10.25p
   
  • Change Today:
      0.000p
  • 52 Week High: 22.00
  • 52 Week Low: 10.01
  • Currency: UK Pounds
  • Shares Issued: 495.09m
  • Volume: 24,826
  • Market Cap: £50.75m

Dividend Data

  30-Jun-2430-Jun-2330-Jun-2230-Jun-2130-Jun-20
Total Dividend1.50¢2.00¢4.50¢1.50¢5.25¢
For more dividend details, click here

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 30-Jun-24 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20
Continuing Operations          
Revenue 63.98 56.25 51.94 49.22 48.53
Operating Profit/(Loss) 30.79 20.47 21.12 19.86 18.92
Net Interest (53.54) (39.58) (26.15) (22.75) (20.92)
Profit Before Tax (90.07) (21.35) 17.73 (60.93) (53.87)
Profit After Tax (88.94) (25.57) 11.11 (61.38) (67.25)
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD (88.94) (25.57) 11.11 (61.38) (67.25)
Attributable to:          
Equity Holders of Parent Company (84.50) (23.63) 11.11 (51.93) (63.12)
Minority Interests (4.45) (1.94) n/a (9.45) (4.13)
           
Continuing EPS          
Earnings per Share - Basic (17.47¢) (4.90¢) 2.62¢ (0.17¢) (20.85¢)
Earnings per Share - Diluted (17.47¢) (4.90¢) 2.62¢ (0.17¢) (20.85¢)
Earnings per Share - Adjusted (17.47¢) (4.90¢) 2.62¢ (0.17¢) (20.85¢)
Continuing and Discontinued EPS          
Earnings per Share - Basic (17.47¢) (4.90¢) 2.62¢ (0.17¢) (20.85¢)
Earnings per Share - Diluted (17.47¢) (4.90¢) 2.62¢ (0.17¢) (20.85¢)
Earnings per Share - Adjusted (17.47¢) (4.90¢) 2.62¢ (0.17¢) (20.85¢)
           
Dividend per Share n/a n/a 4.50¢ 0.015¢ 5.25¢
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 30-Jun-24 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 13.95 4.49 2.09 2.45 2.91
Intangible Assets 2.41 0.43 0.67 0.48 0.57
Investment Properties 797.33 634.70 604.47 549.49 577.22
Investments 52.63 197.09 207.00 167.49 161.30
Other Financial Assets 1.91 n/a n/a n/a n/a
Other Non-Current Assets 38.31 37.21 25.98 27.93 71.41
  906.53 873.93 840.21 747.84 813.41
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 72.81 18.58 69.14 57.89 24.99
Cash at Bank & in Hand 18.77 9.21 26.00 4.89 3.58
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 56.30 5.97 1.86 0.09 3.72
  147.87 33.75 97.01 62.86 32.29
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 1,054.40 907.69 937.22 810.71 845.70
           
Liabilities          
Current Liabilities          
Borrowings 391.65 81.42 185.70 197.80 82.77
Other Current Liabilities 106.63 61.72 49.16 35.39 43.34
  498.28 143.15 234.85 233.20 126.11
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 149.20 364.72 282.19 246.74 364.90
Provisions 47.75 51.93 49.59 51.72 57.42
Other Non-Current Liabilities 1.86 14.27 1.21 0.65 n/a
  198.80 430.92 332.99 299.11 422.32
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 697.08 574.07 567.84 532.30 548.43
           
Net Assets 357.31 333.62 369.38 278.40 297.27
           
Capital & Reserves          
Share Capital 535.69 535.69 535.69 463.84 454.14
Share Premium Account n/a n/a n/a n/a n/a
Other Reserves (16.05) (16.69) (21.40) (16.91) (22.48)
Retained Earnings (307.71) (218.35) (177.99) (176.07) (133.78)
Shareholders Funds 211.94 300.65 336.30 270.86 297.88
           
Minority Interests/Other Equity 145.38 32.97 33.08 7.55 (0.61)
Total Equity 357.31 333.62 369.38 278.40 297.27
Cash Flow 30-Jun-24 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20
Net Cash Flow From Operating Activities 20.38 32.55 11.29 19.89 7.66
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 (7.31) 26.91 (56.46) (1.53) (1.45)
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 (3.48) (75.05) 67.39 (9.92) (17.95)
Net Increase/Decrease In Cash 9.59 (15.59) 22.23 8.44 (11.73)
Ratios - based on IFRS 30-Jun-24 30-Jun-23 30-Jun-22 30-Jun-21 30-Jun-20
Continuing Operations          
PE Ratio - Adjusted n/a n/a 16.3 n/a n/a
PEG - Adjusted n/a n/a n/a n/a n/a
Earnings per Share Growth - Adjusted n/a n/a n/a n/a n/a
Dividend Cover n/a n/a 0.58 (11.03) (3.97)
Revenue per Share 12.92¢ 11.36¢ 10.49¢ 0.100¢ 9.80¢
Pre-Tax Profit per Share (18.19¢) (4.31¢) 3.58¢ (0.12¢) (10.88¢)
Operating Margin 48.12% 36.38% 40.66% 40.35% 38.98%
Return on Capital Employed n/a 2.19% 4.95% n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted n/a n/a 16.3 n/a n/a
PEG - Adjusted n/a n/a n/a n/a n/a
Earnings per Share Growth - Adjusted n/a n/a n/a n/a n/a
Dividend Cover n/a n/a 0.58 (0.11) (3.97)
           
Dividend Yield 0.0% 0.0% 10.5% 0.0% 5.2%
Dividend per Share Growth n/a n/a 29,620.55% (99.71%) (56.97%)
Operating Cash Flow per Share 4.12¢ 6.58¢ 2.28¢ 0.041¢ 1.55¢
Cash Incr/Decr per Share 1.94¢ (3.15¢) 4.49¢ 0.017¢ (2.37¢)
Net Asset Value per Share (exc. Intangibles) 71.69¢ 67.30¢ 74.47¢ 56.14¢ 59.93¢
Net Gearing 246.34% 145.33% 131.40% 162.32% 149.08%

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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