Income Statement abrdn Property Income Trust Limited

Equities

SLI

GB0033875286

Commercial REITs

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1e4ff6d1af3cb3e198b1.8wF7Ql9kXMi0AShu4BBOVkMFB0t0wGfQm__TLq6CdsA.xVNPBTc8EKGBYFo3un4UEAw0PgQMpxCozquETObSJai_ViswPjA98c43Qw

Published financial data: ABRDN PROPERTY INCOME TRUST LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Rental Revenues	29.44M	26.49M	26.7M	27.55M	24.07M
Gain (Loss) on Sale of Assets, Total (Rev)	-4.81M	-634K	-	-	-
Other Revenues, Total	3.54M	4.1M	4.41M	4.88M	4.9M
Total Revenues	28.18M	29.95M	31.11M	32.44M	28.97M
Property Expenses	11.73M	10.91M	12.15M	11.4M	9.78M
Selling General & Admin Expenses, Total	868K	1.08M	1.13M	1.14M	1.51M
Provision for Bad Debts	-	406K	-852K	-213K	111K
Other Operating Expenses	-21.25K	-	-	1.73M	-
Total Operating Expenses	12.58M	12.4M	12.43M	14.05M	11.4M
Operating Income (REIT / Utility Template)	15.6M	17.55M	18.68M	18.39M	17.57M
Interest Expense, Total	-3.74M	-3.18M	-3.36M	-7.51M	-7.89M
Interest and Investment Income	3.9K	763	27.54K	92.18K	650K
Net Interest Expenses	-3.74M	-3.18M	-3.34M	-7.42M	-7.24M
Other Non Operating Income (Expenses)	-	-329K	-3.87M	-184K	-235K
EBT, Excl. Unusual Items	11.86M	14.05M	11.47M	10.78M	10.1M
Total Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-207K	-279K	-50.22M
Asset Writedown	-27.64M	71.69M	-62.32M	-18.77M	476K
Other Unusual Items	-	-	-	-	-3.2M
EBT, Incl. Unusual Items	-15.78M	85.73M	-51.05M	-8.27M	-42.84M
Income Tax Expense	-	-	-	-	55.11K
Earnings From Continuing Operations	-15.78M	85.73M	-51.05M	-8.27M	-42.89M
Net Income to Company	-15.78M	85.73M	-51.05M	-8.27M	-42.89M
Net Income - (IS)	-15.78M	85.73M	-51.05M	-8.27M	-42.89M
Net Income to Common Incl Extra Items	-15.78M	85.73M	-51.05M	-8.27M	-42.89M
Net Income to Common Excl. Extra Items	-15.78M	85.73M	-51.05M	-8.27M	-42.89M
Per Share Items
Net EPS - Basic	-0.04	0.22	-0.13	-0.02	-0.11
Basic EPS - Continuing Operations	-0.04	0.22	-0.13	-0.02	-0.11
Basic Weighted Average Shares Outstanding	407M	398M	390M	381M	381M
Net EPS - Diluted	-0.04	0.22	-0.13	-0.02	-0.11
Diluted EPS - Continuing Operations	-0.04	0.22	-0.13	-0.02	-0.11
Diluted Weighted Average Shares Outstanding	407M	398M	390M	381M	381M
Normalized Basic EPS	0.02	0.02	0.02	0.02	0.02
Normalized Diluted EPS	0.02	0.02	0.02	0.02	0.02
Dividend Per Share	0.03	0.04	0.04	0.04	0.06
Payout Ratio	-98.17	17.52	-30.58	-184.43	-62.21
Supplemental Items
EBITA	15.6M	17.55M	18.68M	18.39M	17.57M
EBIT	15.6M	17.55M	18.68M	18.39M	17.57M
Total Revenues (As Reported)	-	-	25.53M	-	-
Effective Tax Rate - (Ratio)	-	-	-	-	-0.13
Current Foreign Taxes	-	-	-	-	55.11K
Total Current Taxes	-	-	-	-	55.11K
Normalized Net Income	7.41M	8.78M	7.17M	6.74M	6.31M
Interest on Long-Term Debt	2.71M	1.79M	3.48M	8.42M	7.89M
Supplemental Operating Expense Items
Marketing Expenses	-	-	227K	223K	118K
Selling and Marketing Expenses	-	-	227K	223K	118K
General and Administrative Expenses	868K	1.08M	908K	914K	1.39M
Maintenance & Repair Expenses, Total	-	-	1.74M	418K	341K

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Net Property Plant And Equipment	428M	492M	409M	397M	-
Total Real Estate Assets	428M	492M	409M	397M	-
Cash And Equivalents	9.38M	13.82M	15.87M	6.65M	36.66M
Accounts Receivable, Total	6.02M	5.42M	4.71M	3.74M	0
Other Receivables	4.05M	5.54M	2.49M	2.06M	2.17M
Investment In Debt and Equity Securities	-	-	2.21M	560K	-
Restricted Cash	-	-	-	-	-
Other Current Assets, Total	5.04M	65.72K	258K	35.4M	9.84M
Trading Asset Securities, Total	-	-	1.58M	849K	-
Other Long-Term Assets, Total	6.74M	9.71M	9.11M	10.2M	-
Total Assets	460M	527M	445M	456M	48.66M
Liabilities
Current Portion of Long-Term Debt	1.47M	547K	-	-	-
Long-Term Debt	112M	110M	109M	141M	-
Long-Term Leases	903K	901K	900K	1.81M	-
Accounts Payable, Total	3.3M	6.49M	4.66M	7.02M	6.86M
Accrued Expenses, Total	1.68M	1.7M	629K	657K	-
Unearned Revenue, Current	7.37M	5.37M	5.34M	6.04M	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	737K	65.72K	258K	299K	11.44M
Other Non Current Liabilities	856K	904K	752K	895K	-
Total Liabilities	128M	126M	122M	158M	18.3M
Common Stock, Total	228M	228M	228M	228M	228M
Retained Earnings	7.34M	8.52M	4.38M	-	-
Treasury Stock	-1.45M	-5.99M	-18.4M	-18.4M	-18.4M
Comprehensive Income and Other	97.23M	170M	109M	88.1M	-180M
Total Common Equity	332M	401M	323M	298M	30.36M
Total Equity	332M	401M	323M	298M	30.36M
Total Liabilities And Equity	460M	527M	445M	456M	48.66M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	397M	397M	381M	381M	381M
ECS Total Common Shares Outstanding	404M	397M	381M	381M	381M
Book Value / Share	0.82	1.01	0.85	0.78	0.08
Tangible Book Value	332M	401M	323M	298M	30.36M
Tangible Book Value Per Share	0.82	1.01	0.85	0.78	0.08
Total Debt	114M	111M	110M	143M	0
Net Debt	105M	97.37M	92.57M	136M	-36.66M
Account Code - Inventory Valuation	3	3	3	3	3
Accumulated Allowance for Doubtful Accounts (Supple)	2.58M	2.99M	2.14M	832K	189K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-15.78M	85.73M	-51.05M	-8.27M	-42.89M
Amortization of Deferred Charges, Total	226K	181K	205K	254K	245K
(Gain) Loss On Sale of Asset - (CF)	4.81M	634K	207K	279K	50.22M
Total Asset Writedown	27.64M	-71.69M	62.32M	18.77M	-476K
Change in Accounts Receivable	-6.45M	-270K	3.72M	1.21M	3.06M
Change in Accounts Payable	3.42M	536K	-3.24M	2.35M	-2.02M
Change in Other Net Operating Assets (Collected)	-1.69M	-2.97M	-841K	-984K	96.13K
Other Operating Activities	3.51M	4.85M	7M	7.35M	7.28M
Cash from Operations	15.69M	17.01M	18.32M	20.97M	15.5M
Acquisition of Real Estate Assets, Total	-26.25M	-21.56M	-19.09M	-47.2M	-1.27M
Sale of Real Estate Assets, Total	50.97M	31.84M	41.14M	6.12M	42.99M
Net Sale / Acquisition of Real Estate Assets	24.73M	10.28M	22.06M	-41.08M	41.71M
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	234M
Other Investing Activities, Total	3.9K	763	27.54K	92.18K	650K
Cash from Investing	24.73M	10.28M	22.08M	-40.99M	277M
Short Term Debt Issued, Total	-	-	17M	-	-
Long-Term Debt Issued, Total	27M	-	-	148M	13.3M
Total Debt Issued	27M	-	17M	148M	13.3M
Short Term Debt Repaid, Total	-	-	-17M	-	-
Long-Term Debt Repaid, Total	-45M	-	-24.47K	-116M	-41.87M
Total Debt Repaid	-45M	-	-17.02M	-116M	-41.87M
Issuance of Common Stock	960K	-	-	-	-
Repurchase of Common Stock	-1.45M	-4.54M	-12.41M	-	-198M
Common Dividends Paid	-15.49M	-15.02M	-15.61M	-15.25M	-26.69M
Common & Preferred Stock Dividends Paid	-15.49M	-15.02M	-15.61M	-15.25M	-26.69M
Other Financing Activities, Total	-3.53M	-3.29M	-10.31M	-5.83M	-8.67M
Cash from Financing	-37.51M	-22.85M	-38.35M	10.8M	-262M
Net Change in Cash	2.91M	4.43M	2.05M	-9.22M	30M
Supplemental Items
Cash Interest Paid	2.48M	1.87M	2.96M	7.45M	9.79M
Net Debt Issued / Repaid	-18M	-	-24.47K	31.87M	-28.57M
Levered Free Cash Flow	11.01M	13.76M	10.61M	-23.55M	39.77M
Unlevered Free Cash Flow	13.12M	15.57M	12.5M	-19.11M	44.46M
Change In Net Working Capital	-3.38M	-4.6M	-829K	30.61M	-33.47M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	2.02	2.22	2.4	2.55	4.35
Return on Total Capital	2.07	2.29	2.47	2.63	4.66
Return On Equity %	-4.53	23.41	-14.1	-2.66	-26.12
Return on Common Equity	-4.53	23.41	-14.1	-2.66	-26.12
Margin Analysis
Gross Profit Margin %	58.36	63.58	60.95	64.87	66.23
SG&A Margin	3.08	3.62	3.65	3.5	5.2
EBITA Margin %	55.36	58.61	60.04	56.69	60.65
EBIT Margin %	55.36	58.61	60.04	56.69	60.65
Income From Continuing Operations Margin %	-56.01	286.27	-164.11	-25.49	-148.06
Net Income Margin %	-56.01	286.27	-164.11	-25.49	-148.06
Net Avail. For Common Margin %	-56.01	286.27	-164.11	-25.49	-148.06
Normalized Net Income Margin	26.3	29.31	23.05	20.78	21.79
Levered Free Cash Flow Margin	39.07	45.96	34.09	-72.62	137.28
Unlevered Free Cash Flow Margin	46.58	51.99	40.19	-58.93	153.45
Asset Turnover
Asset Turnover	0.06	0.06	0.06	0.07	0.11
Fixed Assets Turnover	0.06	0.07	0.07	0.08	-
Receivables Turnover (Average Receivables)	6.83	4.63	5.27	6.52	12.87
Short Term Liquidity
Current Ratio	1.68	1.75	2.29	3.47	2.66
Quick Ratio	1.33	1.75	2.27	0.95	2.12
Operating Cash Flow to Current Liabilities	1.08	1.2	1.68	1.5	0.85
Days Sales Outstanding (Average Receivables)	53.58	78.82	69.26	56	28.45
Average Days Payable Outstanding	95.13	163.83	167.42	187.04	259.69
Long Term Solvency
Total Debt/Equity	34.44	27.74	34.03	47.99	-
Total Debt / Total Capital	25.62	21.72	25.39	32.43	-
LT Debt/Equity	34	27.6	34.03	47.99	-
Long-Term Debt / Total Capital	25.29	21.61	25.39	32.43	-
Total Liabilities / Total Assets	27.88	23.87	27.34	34.64	37.6
EBIT / Interest Expense	4.17	5.52	5.55	2.45	2.23
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-16.19	6.29	1.72	4.27	-10.68
Gross Profit, 1 Yr. Growth %	-30.85	0.81	-4.13	10.5	-8.81
EBITA, 1 Yr. Growth %	-33.68	12.52	2.57	-1.56	-12.66
EBIT, 1 Yr. Growth %	-33.68	12.52	2.57	-1.56	-12.66
Earnings From Cont. Operations, 1 Yr. Growth %	-197.76	-643.23	-159.55	-83.81	418.8
Net Income, 1 Yr. Growth %	-197.76	-643.23	-159.55	-83.81	418.8
Diluted EPS Before Extra, 1 Yr. Growth %	-197.57	-654.99	-160.85	-83.45	418.8
Normalized Net Income, 1 Yr. Growth %	-39.98	18.45	-21.86	-5.99	-19.29
Net Property, Plant and Equip., 1 Yr. Growth %	-10.35	14.85	-16.93	-2.97	-
Accounts Receivable, 1 Yr. Growth %	131.55	-9.99	-13.02	-20.61	-100
Total Assets, 1 Yr. Growth %	-9.12	14.56	-15.5	2.5	-89.33
Common Equity, 1 Yr. Growth %	-9.13	20.92	-19.35	-7.8	-89.81
Tangible Book Value, 1 Yr. Growth %	-9.13	20.92	-19.35	-7.8	-89.81
Cash From Operations, 1 Yr. Growth %	-15.65	8.42	7.57	14.46	-26.08
Levered Free Cash Flow, 1 Yr. Growth %	5.2K	23.08	-25.11	-322.09	-276.98
Unlevered Free Cash Flow, 1 Yr. Growth %	458.12	18.64	-21.77	-252.87	-346.53
Dividend Per Share, 1 Yr. Growth %	-30	10.37	8.77	0	50
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-5.12	-5.62	5.07	2.99	-3.5
Gross Profit, 2 Yr. CAGR %	-15.45	-10.51	0.19	3.14	0.38
EBITA, 2 Yr. CAGR %	-16.36	-13.62	9.43	0.49	-3.01
EBIT, 2 Yr. CAGR %	-16.36	-13.62	9.43	0.49	-3.01
Earnings From Cont. Operations, 2 Yr. CAGR %	-28.59	130.44	79.86	-68.95	-8.34
Net Income, 2 Yr. CAGR %	-28.59	130.44	79.86	-68.95	-8.34
Diluted EPS Before Extra, 2 Yr. CAGR %	-28.89	132.7	83.76	-68.27	-7.34
Normalized Net Income, 2 Yr. CAGR %	-20.77	-15.69	-1.64	-14.29	-6.17
Net Property, Plant and Equip., 2 Yr. CAGR %	-6.99	1.47	-2.33	-10.22	-
Accounts Receivable, 2 Yr. CAGR %	43.16	44.37	-11.52	-16.9	-
Total Assets, 2 Yr. CAGR %	-5.27	2.04	-1.61	-6.94	-66.93
Common Equity, 2 Yr. CAGR %	-5.27	4.83	-1.25	-13.77	-69.35
Tangible Book Value, 2 Yr. CAGR %	-5.27	4.83	-1.25	-13.77	-69.35
Cash From Operations, 2 Yr. CAGR %	-35.28	-4.37	8.07	10.96	-8.02
Levered Free Cash Flow, 2 Yr. CAGR %	-54.86	714.35	-2.62	28.97	93.65
Unlevered Free Cash Flow, 2 Yr. CAGR %	-51.59	157.32	-2.39	9.36	88.56
Dividend Per Share, 2 Yr. CAGR %	-16.33	-12.1	9.57	4.29	22.47
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-2	-1.46	-2.55	4.8	-1.79
Gross Profit, 3 Yr. CAGR %	-11.01	-6.11	-7.27	3.66	-1.01
EBITA, 3 Yr. CAGR %	-11.68	-7.67	-7.39	5.64	-1.18
EBIT, 3 Yr. CAGR %	-11.68	-7.67	-7.39	5.64	-1.18
Earnings From Cont. Operations, 3 Yr. CAGR %	-28.1	40.45	46.78	-19.39	-20.61
Net Income, 3 Yr. CAGR %	-28.1	40.45	46.78	-19.39	-20.61
Diluted EPS Before Extra, 3 Yr. CAGR %	-29.14	41.05	48.8	-17.63	-19.46
Normalized Net Income, 3 Yr. CAGR %	-14.97	-9.4	-16.58	-3.11	-11.72
Net Property, Plant and Equip., 3 Yr. CAGR %	1.95	-0.22	-5.08	-2.54	-
Accounts Receivable, 3 Yr. CAGR %	61.79	22.65	21.93	-14.66	-
Total Assets, 3 Yr. CAGR %	-0.66	0.93	-4.18	-0.26	-54.79
Common Equity, 3 Yr. CAGR %	-1.42	2.76	-3.95	-3.48	-57.69
Tangible Book Value, 3 Yr. CAGR %	-1.42	2.76	-3.95	-3.48	-57.69
Cash From Operations, 3 Yr. CAGR %	38.81	-23.13	-0.49	10.16	-3.09
Levered Free Cash Flow, 3 Yr. CAGR %	401.74	-36.61	271.07	28.18	41.09
Unlevered Free Cash Flow, 3 Yr. CAGR %	86.45	-34.74	74.54	13.35	40.64
Dividend Per Share, 3 Yr. CAGR %	-11.21	-8.24	-5.63	6.28	17.72
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	3.99	-0.99	0.77	0.72	-2.93
Gross Profit, 5 Yr. CAGR %	-3.88	-6.64	-4.06	-1.77	-4.2
EBITA, 5 Yr. CAGR %	-4.44	-7.74	-3.78	-3.78	-5.67
EBIT, 5 Yr. CAGR %	-4.44	-7.74	-3.78	-3.78	-5.67
Earnings From Cont. Operations, 5 Yr. CAGR %	-13.15	43.28	3.75	-23.2	21.58
Net Income, 5 Yr. CAGR %	-13.15	43.28	3.75	-23.2	21.58
Diluted EPS Before Extra, 5 Yr. CAGR %	-19.38	42.01	3.74	-22.34	23.12
Normalized Net Income, 5 Yr. CAGR %	-6.1	-6.35	-9.87	-10.6	-12.56
Net Property, Plant and Equip., 5 Yr. CAGR %	-0.92	4.45	0.22	-4.35	-
Accounts Receivable, 5 Yr. CAGR %	28.82	41.41	27.09	4.96	-
Total Assets, 5 Yr. CAGR %	-0.33	3.39	-1.04	-2.29	-37.39
Common Equity, 5 Yr. CAGR %	1.17	5.38	-1.35	-4.2	-39.18
Tangible Book Value, 5 Yr. CAGR %	1.17	5.38	-1.35	-4.2	-39.18
Cash From Operations, 5 Yr. CAGR %	-4.6	-3.96	25.58	-10.95	-3.58
Levered Free Cash Flow, 5 Yr. CAGR %	-13.19	-7.4	161.24	-15.3	186.08
Unlevered Free Cash Flow, 5 Yr. CAGR %	-11.5	-1.15	43.92	-19.35	80.02
Dividend Per Share, 5 Yr. CAGR %	-6.42	-5.03	-3.42	-3.42	4.74