Real Estate Investors (LON:RLE) Full Year 2023 Results
Key Financial Results
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Revenue: UK£11.5m (down 13% from FY 2022).
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Net loss: UK£9.41m (down by 186% from UK£10.9m profit in FY 2022).
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UK£0.054 loss per share (down from UK£0.063 profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Real Estate Investors Earnings Insights
Looking ahead, revenue is expected to decline by 13% p.a. on average during the next 2 years, while revenues in the REITs industry in the United Kingdom are expected to grow by 7.3%.
Performance of the British REITs industry.
The company’s share price is broadly unchanged from a week ago.
Risk Analysis
It’s necessary to consider the ever-present spectre of investment risk. We’ve identified 3 warning signs with Real Estate Investors (at least 1 which is a bit unpleasant), and understanding these should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
