Grit Real Estate Income Group Limited (LON: GR1T)

London flag London · Delayed Price · Currency is GBP · Price in GBX
10.69
+0.19 (1.81%)
Dec 23, 2024, 10:18 AM BST
-47.85%
Market Cap 49.65M
Revenue (ttm) 56.27M
Net Income (ttm) -66.86M
Shares Out 472.82M
EPS (ttm) -0.14
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,834
Open 10.69
Previous Close 10.50
Day's Range 10.69 - 10.69
52-Week Range 0.20 - 22.70
Beta 0.20
Analysts n/a
Price Target n/a
Earnings Date Oct 25, 2024

About LON: GR1T

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 ... [Read more]

Sector Real Estate
Founded 2012
Employees 140
Stock Exchange London Stock Exchange
Ticker Symbol GR1T
Full Company Profile

Financial Performance

In 2024, GR1T's revenue was $71.12 million, an increase of 0.81% compared to the previous year's $70.55 million. Losses were -$84.50 million, 257.6% more than in 2023.

Financial numbers in USD Financial Statements

News

GR1T reports strong revenue growth, bolstered by GREA acquisition

Grit Real Estate Income Group riding the wave of Africa's urbanization, GREA acquisition fuels growth, but debt worries weigh on the company

7 weeks ago - The Armchair Trader