Shares Magazine
10.50p+0.00 (+0.00%)17 Dec 2024, 08:00
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Grit Real Estate Income Group Limited Fundamentals
| Company Name | Grit Real Estate Income Group Limited | Last Updated | 2024-12-17 |
|---|---|---|---|
| Industry | Real Estate Services | Sector | Real Estate |
| Shares in Issue | 472.820 m | Market Cap | £49.65 m |
| PE Ratio | 17.21 | Dividend per Share | $0.02 |
| Dividend Yield | 11.35 | Dividend Cover | 0 |
| EPS | -$0.17 | EPS Growth (%) | 0 |
| PEG | 0 | DPS Growth (%) | -0.6250 |
| Debt Ratio | 0.5129 | Debt Equity Ratio | 0.5858 |
| Asset Equity Ratio | 2.9509 | Cash Equity Ratio | 0.0525 |
| Quick Ratio | 0.1869 | Current Ratio | 0.30 |
| Price To Book Value | 0.2474 | ROCE | 0 |
Grit Real Estate Income Group Limited Dividends
| Type | Ex-Date | Pay Date | Currency | Net Dividend | Year Total |
|---|---|---|---|---|---|
| Interim | 2024-04-04 | 2024-05-15 | USD | 0.0150 | |
| Interim | 2023-03-16 | 2023-05-02 | USD | 0.0200 | |
| Prelim | 2022-11-17 | 2022-12-16 | USD | 0.0200 | |
| Interim | 2022-03-17 | 2022-04-29 | USD | 0.0250 |
Grit Real Estate Income Group Limited Company Financials
| Assets | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible Assets | $13.95 m | $4.49 m | $2.09 m | $2.45 m |
| Intangible Assets | $2.41 m | $433,000.00 | $670,000.00 | $480,000.00 |
| Investments | $52.63 m | $197.09 m | $207.00 m | $167.49 m |
| Total Fixed Assets | $906.53 m | $873.93 m | $840.21 m | $747.84 m |
| Stocks | 0 | 0 | 0 | 0 |
| Debtors | $74.34 m | $19.33 m | $67.26 m | $56.45 m |
| Cash & Equivalents | $18.77 m | $9.21 m | $26.00 m | $4.89 m |
| Other Assets | $837.54 m | $671.92 m | $630.46 m | $577.42 m |
| Total Assets | $1.05 bn | $907.69 m | $937.22 m | $810.71 m |
| Liabilities | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Creditors within 1 year | $498.28 m | $143.15 m | $234.85 m | $233.20 m |
| Creditors after 1 year | $198.80 m | $430.92 m | $332.99 m | $299.11 m |
| Other Liabilities | $56.33 m | 0 | 0 | 0 |
| Total Liabilities | $697.08 m | $574.07 m | $567.84 m | $532.30 m |
| Net assets | $357.31 m | $333.62 m | $369.38 m | $278.40 m |
| Equity | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Called up share capital | $535.69 m | $567.29 m | $565.25 m | $489.32 m |
| Share Premium | 0 | 0 | 0 | 0 |
| Profit / Loss | -$90.07 m | -$21.35 m | $17.73 m | -$60.93 m |
| Other Equity | $254.71 m | $327.48 m | $362.04 m | $270.86 m |
| Preference & Minorities | $102.61 m | -$25.46 m | -$22.22 m | -$17.93 m |
| Total Capital Employed | $357.31 m | $333.62 m | $369.38 m | $278.40 m |
| Ratios | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Debt Ratio | $0.37 | $0.50 | $0.41 | $0.44 |
| Debt-to-Equity | $0.59 | $1.11 | $0.75 | $0.87 |
| Assets / Equity | 2.9509 | 2.9509 | 2.9509 | 2.9509 |
| Cash / Equity | 0.0525 | 0.0525 | 0.0525 | 0.0525 |
| EPS | -$0.12 | -$0.02 | $0.06 | -$0.13 |
| Cash Flow | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Cash from operating activities | $20.38 m | $32.55 m | $11.29 m | $19.89 m |
| Cashflow before financing | $16.90 m | -$42.50 m | $78.69 m | $9.96 m |
| Increase in Cash | $9.59 m | -$15.59 m | $22.23 m | $8.44 m |
| Income | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Turnover | $63.98 m | $56.25 m | $51.94 m | $49.22 m |
| Cost of sales | $12.37 m | $9.62 m | $8.66 m | $8.54 m |
| Gross Profit | $51.61 m | $46.63 m | $43.28 m | $40.67 m |
| Operating Profit | $30.79 m | $20.46 m | $21.12 m | $19.86 m |
| Pre-Tax profit | -$90.07 m | -$21.35 m | $17.73 m | -$60.93 m |
Grit Real Estate Income Group Limited Company Background
| Sector | Real Estate |
|---|---|
| Activities | GRIT Real Estate Income Group Ltd is a real estate income group operating in selected African countries that invest in real estate assets. Its geographical segments include Botswana, Senegal, Morocco, Mozambique, Zambia, Kenya, Ghana, and Mauritius. |
| Latest Interim Date | 28 Feb 2024 |
| Latest Fiscal Year End Date | 31 Oct 2024 |
Grit Real Estate Income Group Limited Directors
| Appointed | Name | Position |
|---|---|---|
| 2023-12-19 | Sir Samuel Esson Jonah KBE | Non-Executive Director |
| 2024-11-01 | Mr. Peter Mcallister Todd | Non-Executive Director,Chairman |
| 2024-11-01 | Ms. Bronwyn Knight | Executive Director,Chief Executive Officer |
| 2024-02-28 | Mr. Leon Paul van de Moortele | Executive Director,Chief Financial Officer |
| 2023-02-06 | Ms. Nomzamo Radebe | Non-Executive Director |
| 2024-11-01 | Mr. David Love | Non-Executive Director,Senior Independent Director |
| 2024-09-27 | Mr. Jonathan Crichton | Non-Executive Director |
Grit Real Estate Income Group Limited Contact Details
| Company Name | GRIT Real Estate Income Group Ltd |
|---|---|
| Address | 3rd floor, La Croisette Shopping Mall, Grand Baie, null |
| Telephone | +230 2697090 |
| Website | https://www.grit.group |
Grit Real Estate Income Group Limited Advisors
| Auditor | Deloitte & Touche |
|---|
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