Residential Secure Income (RESI)

Sector:

Property Investment Trusts

Index:

FTSE Small Cap

47.50p
   
  • Change Today:
    -0.50p
  • 52 Week High: 72.20
  • 52 Week Low: 47.20
  • Currency: UK Pounds
  • Shares Issued: 185.16m
  • Volume: 612,293
  • Market Cap: £87.95m
  • RiskGrade: 92

Dividend Data

  30-Sep-2330-Sep-2230-Sep-2130-Sep-2030-Sep-19
1st Interim1.29p1.29p1.25p1.25p1.25p
2nd Interim1.29p1.29p1.25p1.25p1.25p
3rd Interim1.29p1.29p1.25p1.25p1.25p
4th Interim1.03p1.29p1.29p1.25p1.25p
Total Dividend4.90p5.16p5.04p5.00p5.00p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 30-Sep-23 30-Sep-22 30-Sep-21 30-Sep-20 30-Sep-19
Continuing Operations          
Revenue 33.55 31.78 39.60 32.20 21.62
Operating Profit/(Loss) (16.65) 18.92 16.34 7.41 17.67
Net Interest (6.50) (5.59) (5.22) (4.94) (4.35)
Profit Before Tax (23.15) 13.33 11.22 2.45 13.24
Profit After Tax (23.15) 13.33 11.22 2.45 13.24
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD (23.15) 13.33 11.22 2.45 13.24
Attributable to:          
Equity Holders of Parent Company (23.15) 13.33 11.22 2.45 13.24
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic (12.50p) 7.40p 6.60p 1.40p 7.70p
Earnings per Share - Diluted (12.50p) 7.40p 6.60p 1.40p 7.70p
Earnings per Share - Adjusted 4.70p 5.00p 4.20p 2.90p 2.77p
Continuing and Discontinued EPS          
Earnings per Share - Basic (12.50p) 7.40p 6.60p 1.40p 7.70p
Earnings per Share - Diluted (12.50p) 7.40p 6.60p 1.40p 7.70p
Earnings per Share - Adjusted 4.70p 5.00p 4.20p 2.90p 2.77p
           
Dividend per Share 5.16p 5.16p 5.04p 5.00p 5.00p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 30-Sep-23 30-Sep-22 30-Sep-21 30-Sep-20 30-Sep-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 376.73 406.13 372.33 331.78 290.16
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
  376.73 406.13 372.33 331.78 290.16
Current Assets          
Inventories 0.43 1.20 3.80 10.42 2.63
Trade & Other Receivables 3.47 3.39 4.05 3.59 2.65
Cash at Bank & in Hand 8.81 15.98 8.37 10.36 26.20
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a 0.83 1.16 0.13 6.33
  12.71 21.40 17.38 24.50 37.82
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 389.43 427.53 389.71 356.28 327.99
           
Liabilities          
Current Liabilities          
Borrowings 24.33 15.28 3.97 1.32 1.31
Other Current Liabilities 6.83 4.89 7.74 5.89 4.46
  31.17 20.17 11.71 7.21 5.77
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 189.00 205.77 195.57 169.35 136.42
Provisions n/a n/a 0.04 n/a n/a
Other Non-Current Liabilities 0.58 0.20 n/a 0.10 0.09
  189.59 205.97 195.61 169.46 136.51
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 220.75 226.14 207.32 176.67 142.27
           
Net Assets 168.68 201.39 182.39 179.61 185.71
           
Capital & Reserves          
Share Capital 1.94 1.94 1.80 1.80 1.80
Share Premium Account 14.60 14.60 0.11 0.11 0.11
Other Reserves (8.30) (8.29) (8.52) (8.63) (8.62)
Retained Earnings 160.43 193.13 189.00 186.33 192.43
Shareholders Funds 168.68 201.39 182.39 179.61 185.71
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 168.68 201.39 182.39 179.61 185.71
Cash Flow 30-Sep-23 30-Sep-22 30-Sep-21 30-Sep-20 30-Sep-19
Net Cash Flow From Operating Activities 16.82 14.13 19.96 3.05 6.54
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 (7.07) (28.93) (32.61) (36.77) (33.06)
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 (16.93) 22.42 9.80 17.21 40.87
Net Increase/Decrease In Cash (7.18) 7.61 (2.85) (16.50) 14.35
Ratios - based on IFRS 30-Sep-23 30-Sep-22 30-Sep-21 30-Sep-20 30-Sep-19
Continuing Operations          
PE Ratio - Adjusted 12.6 21.9 24.4 31.0 33.2
PEG - Adjusted n/a 1.2 0.5 6.2 n/a
Earnings per Share Growth - Adjusted -6% 19% 45% 5% -69%
Dividend Cover 0.91 0.97 0.83 0.58 0.55
Revenue per Share 18.12p 17.17p 0.22p 17.39p 11.68p
Pre-Tax Profit per Share (12.51p) 7.20p 0.061p 1.32p 7.15p
Operating Margin (49.63%) 59.53% 41.26% 22.99% 81.73%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 12.6 21.9 2,417.7 31.0 33.2
PEG - Adjusted n/a 0.0 n/a 6.2 n/a
Earnings per Share Growth - Adjusted -6% 11,694% -98% 5% -69%
Dividend Cover 0.91 0.97 0.01 0.58 0.55
           
Dividend Yield 8.7% 4.7% 4.9% 5.6% 5.4%
Dividend per Share Growth n/a 2.38% 0.80% n/a 66.67%
Operating Cash Flow per Share 9.08p 7.63p 10.78p 1.65p 3.53p
Cash Incr/Decr per Share (3.88p) 4.11p (0.016p) (8.91p) 7.75p
Net Asset Value per Share (exc. Intangibles) 91.10p 108.76p 98.50p 97.00p 100.30p
Net Gearing 121.25% 101.82% 104.82% 89.25% 60.05%

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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