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Grit Real Estate Income Group Limited Fundamentals

Company NameGrit Real Estate Income Group LimitedLast Updated2024-02-27
IndustryReal Estate ServicesSectorReal Estate
Shares in Issue479.711 mMarket Cap£105.54 m
PE Ratio17.21Dividend per Share$0.04
Dividend Yield7.28Dividend Cover0
EPS-$0.05EPS Growth (%)0
PEG0DPS Growth (%)0.6000
Debt Ratio0.5062Debt Equity Ratio1.1137
Asset Equity Ratio2.7207Cash Equity Ratio0.0276
Quick Ratio0.1993Current Ratio0.24
Price To Book Value0.4084ROCE0

Grit Real Estate Income Group Limited Dividends

TypeEx-DatePay DateCurrencyNet DividendYear Total
Interim2023-03-162023-05-02USD0.0200
Prelim2022-11-172022-12-16USD0.0200
Interim2022-03-172022-04-29USD0.0250
Interim2021-03-042021-04-09GBP0.0107

Grit Real Estate Income Group Limited Company Financials

Assets202320222021
Tangible Assets$4.49 m$2.09 m$2.45 m
Intangible Assets$433,000.00$670,000.00$480,000.00
Investments$197.09 m$207.00 m$167.49 m
Total Fixed Assets$873.93 m$840.21 m$747.84 m
Stocks000
Debtors$19.33 m$67.26 m$56.45 m
Cash & Equivalents$9.21 m$26.00 m$4.89 m
Other Assets$671.92 m$630.46 m$577.42 m
Total Assets$907.69 m$937.22 m$810.71 m
Liabilities202320222021
Creditors within 1 year$143.15 m$234.85 m$233.20 m
Creditors after 1 year$430.92 m$332.99 m$299.11 m
Other Liabilities000
Total Liabilities$574.07 m$567.84 m$532.30 m
Net assets$333.62 m$369.38 m$278.40 m
Equity202320222021
Called up share capital$567.29 m$565.25 m$489.32 m
Share Premium000
Profit / Loss-$21.35 m$17.73 m-$60.93 m
Other Equity$327.48 m$362.04 m$270.86 m
Preference & Minorities-$25.46 m-$22.22 m-$17.93 m
Total Capital Employed$333.62 m$369.38 m$278.40 m
Ratios202320222021
Debt Ratio$0.50$0.41$0.44
Debt-to-Equity$1.11$0.75$0.87
Assets / Equity2.72072.72072.7207
Cash / Equity0.02760.02760.0276
EPS-$0.02$0.06-$0.13
Cash Flow202320222021
Cash from operating activities$32.55 m$11.29 m$19.89 m
Cashflow before financing-$42.50 m$78.69 m$9.96 m
Increase in Cash-$15.59 m$22.23 m$8.44 m
Income202320222021
Turnover$56.25 m$51.94 m$49.36 m
Cost of sales$9.62 m$8.66 m$8.54 m
Gross Profit$46.63 m$43.28 m$40.82 m
Operating Profit$20.46 m$21.12 m$19.86 m
Pre-Tax profit-$21.35 m$17.73 m-$60.93 m

Grit Real Estate Income Group Limited Company Background

SectorReal Estate
ActivitiesGRIT 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 Date28 Feb 2024
Latest Fiscal Year End Date31 Oct 2023

Grit Real Estate Income Group Limited Directors

AppointedNamePosition
2023-12-19Sir Samuel Esson Jonah KBENon-Executive Director
2023-11-15Mr. Peter Mcallister ToddNon-Executive Director,Chairman
2023-11-01Ms. Bronwyn KnightExecutive Director,Chief Executive Officer
2023-11-24Mr. Leon Paul van de MoorteleExecutive Director,Chief Financial Officer
2023-02-06Ms. Nomzamo RadebeNon-Executive Director
2023-11-09Mr. David LoveNon-Executive Director,Senior Independent Director
2023-11-01Mr. Jonathan CrichtonNon-Executive Director

Grit Real Estate Income Group Limited Contact Details

Company NameGRIT Real Estate Income Group Ltd
Address3rd floor, La Croisette Shopping Mall, Grand Baie, null
Telephone+230 2697090
Websitehttps://www.grit.group

Grit Real Estate Income Group Limited Advisors

AuditorDeloitte & Touche