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GRIT Real Estate Income Group

Real Estate GB GR1T

0.0615GBX
-6.0885(99.00%)

Last update at 2026-05-28T07:00:00Z

Day Range

0.060.06
LowHigh

52 Week Range

4.828.05
LowHigh

Fundamentals

  • Previous Close 6.15
  • Market Cap35.07M
  • Volume0
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA41.84M
  • Revenue TTM77.75M
  • Revenue Per Share TTM0.16
  • Gross Profit TTM 63.79M
  • Diluted EPS TTM-0.1

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Income before tax -67.96000M -90.07400M -21.34800M 17.73M -60.93100M
Minority interest 3.18M 4.45M 1.94M -0.67000M 9.45M
Net income -62.24400M -84.49600M -23.63100M 10.44M -61.37600M
Selling general administrative 17.70M 17.95M 22.58M 16.94M 13.87M
Selling and marketing expenses - - - - -
Gross profit 58.55M 51.61M 46.62M 42.11M 40.67M
Reconciled depreciation 1.17M 1.17M - 0.68M 0.72M
Ebit - -39.78800M 20.46M 60.34M 26.85M
Ebitda - -38.61600M 33.87M 61.01M -18.83200M
Depreciation and amortization - 1.17M 13.40M 0.68M -45.68100M
Non operating income net other - - - - -
Operating income 40.97M 30.79M 20.46M 60.34M 26.85M
Other operating expenses - 33.19M 32.27M 26.76M 22.37M
Interest expense 59.80M 50.29M 39.58M 26.15M 25.44M
Tax provision -2.53800M -1.13200M 4.22M 6.62M 0.45M
Interest income 6.95M 7.33M 4.10M 1.94M 2.69M
Net interest income -59.77200M -48.65400M -35.48600M -24.21600M -22.75200M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense - -1.13200M 4.22M 6.62M 0.45M
Total revenue 72.25M 63.98M 56.25M 50.77M 49.22M
Total operating expenses 31.28M 20.82M 22.65M 18.10M 13.82M
Cost of revenue 13.70M 12.37M 9.62M 8.66M 8.54M
Total other income expense net - -120.86200M -41.81300M -42.60100M -87.78000M
Discontinued operations - - - - -
Net income from continuing ops -65.42200M -88.94200M -25.57300M 11.11M -61.37600M
Net income applicable to common shares - - - 10.44M -51.92700M
Preferred stock and other adjustments - - - - -
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Total assets 1082.82M 1054.40M 907.69M 937.22M 810.71M
Intangible assets - 0.19M - 0.67M 0.48M
Earning assets - - - - -
Other current assets - 54.76M - 1.86M 57.97M
Total liab 738.44M 697.08M 574.07M 567.84M 532.30M
Total stockholder equity 220.19M 254.71M 359.07M 391.60M 296.34M
Deferred long term liab - - - - -
Other current liab - 93.06M 15.36M 44.31M 10.46M
Common stock - 535.69M 535.69M 535.69M 463.84M
Capital stock 544.08M 535.69M 567.29M 565.25M 489.32M
Retained earnings -371.21900M -307.71000M -218.34900M -177.99000M -176.07300M
Other liab - - - 49.59M 51.72M
Good will - 2.21M - - -
Other assets - - - 630.46M 27.93M
Cash 21.14M 18.77M 9.21M 26.00M 4.89M
Cash and equivalents - - - - -
Total current liabilities 223.46M 498.28M 143.15M 234.85M 233.20M
Current deferred revenue - -5.59900M - - -
Net debt 554.05M 522.08M 436.93M 430.25M 427.55M
Short term debt - 391.65M 81.42M 185.70M 197.90M
Short long term debt 112.03M 391.52M 80.16M 184.83M 197.69M
Short long term debt total - 540.85M 446.14M 456.25M 432.44M
Other stockholder equity - 26.73M 10.13M 4.34M -16.91100M
Property plant equipment - - - 2.09M 551.94M
Total current assets 156.54M 147.87M 33.75M 97.01M 62.86M
Long term investments - - - - -
Net tangible assets - - - 361.37M 270.38M
Short term investments - - - - -
Net receivables 39.51M 74.34M 18.58M 69.14M 57.89M
Long term debt 463.17M 148.62M 361.38M 270.01M 233.79M
Inventory - - - - -
Accounts payable 33.58M 11.24M 46.37M 4.84M 24.84M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -18.40600M
Accumulated amortization - - - - -
Non currrent assets other - 890.17M 856.43M 824.91M 724.85M
Deferred long term asset charges - - - - -
Non current assets total 926.27M 906.53M 873.93M 840.21M 747.84M
Capital lease obligations 0.52M 0.71M 4.60M 1.41M 0.95M
Long term debt total - - - - -
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Investments - -7.30900M 26.91M -32.28100M -2.13200M
Change to liabilities - - - -0.28100M 0.70M
Total cashflows from investing activities - -7.30900M - -52.85300M -1.53000M
Net borrowings 9.64M 40.00M - 25.64M 9.49M
Total cash from financing activities - -3.48500M -75.05100M 63.78M -9.92000M
Change to operating activities - - - - -
Net income -62.24400M -90.07400M -23.63100M 17.73M -60.93100M
Change in cash 3.42M 9.45M -16.81400M 21.83M 7.94M
Begin period cash flow 16.78M 7.33M 24.15M 2.31M -5.62900M
End period cash flow 19.24M 16.78M 7.33M 24.15M 2.31M
Total cash from operating activities 56.84M 20.38M 32.55M 11.29M 19.89M
Issuance of capital stock - 16.88M 0.00000M 85.99M 9.81M
Depreciation 1.17M 1.17M - 0.68M 0.72M
Other cashflows from investing activities - -16.92300M - 19.87M 5.86M
Dividends paid -1.50000M 8.14M 22.62M 11.80M 4.78M
Change to inventory - - - - -
Change to account receivables - -5.52100M - 1.83M 0.19M
Sale purchase of stock 0.00000M -0.09800M -0.09400M - 9.81M
Other cashflows from financing activities - -35.24500M -0.43300M 48.81M 26.05M
Change to netincome - - - -1.37300M 71.81M
Capital expenditures 0.10M 0.49M 0.29M 0.12M 0.18M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 20.43M -10.52600M - 1.55M 0.89M
Stock based compensation 0.00000M 0.09M - 1.24M 0.13M
Other non cash items 60.66M 119.72M - -9.90200M 28.73M
Free cash flow 56.73M 19.89M 32.26M 11.18M 19.70M

Peer Comparison

Sector: Real Estate Industry: Real Estate Services

Company Change (GBX) Price (GBX) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
GR1T
GRIT Real Estate Income Group
-6.0885 99.00% 0.06 - - 0.45 0.21 8.33 12.71
IWG
IWG PLC
-1.7 0.95% 176.40 184.90 12.17 0.47 29.39 2.50 19.27
SRE
Sirius Real Estate Limited
-1.1 1.14% 95.30 8.27 12.77 4.80 1.01 8.63 11.67
GRI
Grainger PLC
2.90 1.93% 153.30 6.31 20.33 4.79 0.60 10.55 18.77
SVS
Savills
10.00 1.22% 827.00 16.69 9.62 0.44 1.50 0.49 5.45

Reports Covered

Stock Research & News

Profile

Grit Real Estate Income Group Limited is the leading Pan-African real estate company focused on investing in, developing and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa). These high-quality assets are underpinned by predominantly US$ and Euro denominated long-term leases with a wide range of blue-chip multi-national tenant covenants across a diverse range of robust property sectors. The Company is committed to delivering strong and sustainable income for shareholders, with the potential for income and capital growth. The Company holds its primary listing on the Main Market of the London Stock Exchange (LSE: GR1T and a secondary listing on the Stock Exchange of Mauritius (SEM: DEL.N0000).

GRIT Real Estate Income Group

Unity Building, The Precinct, Grand Baie, Mauritius, 31301

Key Executives

Name Title Year Born
Ms. Bronwyn Anne Knight B.Com., C.A. CEO & Exec. Director 1982
Mr. Leon Paul van de Moortele C.A. CFO & Exec. Director 1976
Marieke Pieterse Head of Operations Mang. NA
Mr. Oteng Keabetswe Chief Investment Officer NA
Mr. Darren Veenhuis A.C.A., B.Com., C.A., C.F.A. Head of Investor Relations & Corp. Fin. NA
Ms. Anouchka Chummun Group Compliance Mang. NA
Alex Mugambi Head of Legal NA
Ms. Corinne Robert Head of Communications NA
Leigh Varrie Head of Marketing NA
Ms. Aurelie Mallac Head of Human Capital NA

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
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