Residential Secure Income plc

Residential Secure Income plc

RESI · LSE · Real Estate / REIT - Residential

6.30GBX+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close6.30
Open6.30
Day Range6.30 – 7.05
52-Week Range6.13 – 24.50
Volume17.82K
Market Cap13.52M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.01
Dividend Yield83.84%
Beta0.17
50-Day Avg13.73
200-Day Avg43.64

About

Residential Secure Income plc is a real estate investment trust (REIT) focused on delivering secure, inflation-linked returns. With a focus on two residential sub-sectors in UK residential - independent retirement rentals and shared ownership - underpinned by an ageing demographic and untapped and strong demand for affordable home ownership. ReSI plc's purpose is to deliver affordable, high-quality, safe homes with great customer service and long-term stability of tenure for residents. We achieve this through meeting demand from housing developers, housing associations, local authorities, and private developers for long-term investment partners to accelerate the development of socially and economically beneficial affordable housing. ReSI plc's subsidiary, ReSI Housing Limited, is registered as a for-profit Registered Provider of social housing and so provides a unique proposition to its housing developer partners, being a long-term private sector landlord within the social housing regulatory environment. As a Registered Provider, ReSI Housing can acquire affordable housing subject to s106 planning restrictions and housing funded by government grant. In December 2024, shareholders voted for and accepted a new investment objective which seeks to realize all the existing assets in the Company's portfolio in an orderly manner. The Company will pursue its investment objective by effecting an orderly realization of its assets while seeking to balance maximizing returns for Shareholders against timing of disposals whilst ensuring the interests of residents are protected. Capital expenditure will be permitted where it is deemed necessary or desirable in connection to the realization, primarily where such expenditure is necessary to protect or enhance an asset's realizable value, to comply with statutory or regulatory obligations, to protect other stakeholders, to comply with the terms of any funding arrangement or to facilitate orderly disposals. Residential Secure Income plc was incorporated in 2017 in United Kingdom.

Company Details

Leadership

  • Mr. Mike AdamsManaging Director of Real Estate - Gresham House Plc
  • Mr. Rupert Guy RobinsonManaging Director of Gresham House · b. 1966
  • Mr. Sandeep PatelFinance Director of Housing - Gresham House

Financials

Income Statement

Currency: GBP2017-07-112018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue-10.42M14.66M6.26M13.53M15.41M-20.70M30.46M29.84M
Growth (%)--+40.69%-57.29%+116.10%+13.95%-234.30%+247.15%-2.03%
Cost of Revenue-6.88M11.40M21.14M26.22M16.12M16.86M12.89M12.39M
Gross Profit-3.54M14.66M6.26M13.53M15.41M-20.70M17.57M17.46M
Gross Margin-33.97%100.00%100.00%100.00%100.00%100.00%57.69%58.49%
Operating Expense-2.49M1.42M3.81M2.31M-3.21M2.45M8.19M1.48M
Operating Income-112.00K1.05M13.24M2.45M11.22M18.63M-23.15M9.38M15.98M
Operating Margin-10.07%90.30%39.12%82.95%120.86%111.84%30.80%53.55%
EBITDA27.99K1.05M13.24M2.45M11.22M18.63M-23.15M9.38M-3.30M
EBITDA Margin-10.07%90.30%39.12%82.95%120.86%111.84%30.80%-11.05%
Net Income-27.99K16.11M13.24M2.45M11.22M13.33M-23.15M-10.05M-9.13M
Net Income Margin-154.65%90.30%39.12%82.95%86.50%111.84%-32.98%-30.59%
R&D-1.550.610.080.280.420.69--
R&D as % of Total Revenue-0.00%0.00%0.00%0.00%0.00%-0.00%--
Interest Expense--4.28M4.76M4.93M5.30M6.34M6.71M5.60M
Interest Expense % of Total Revenue--29.20%75.97%36.48%34.36%-30.64%22.04%18.75%

Balance Sheet

Currency: GBP2017-06-302017-07-112018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets50.00K-267.42M327.99M356.28M389.71M427.53M389.43M369.32M333.63M
Total Liabilities28.00K-83.82M142.27M176.67M207.32M226.14M220.75M218.32M199.39M
Total Equity-28.00K-183.60M185.71M179.61M182.39M201.39M168.68M151.00M134.24M
Cash0--39.51M25.03M8.53M5.69M12.74M3.22M11.09M7.56M
Total Debt--79.28M137.72M170.68M199.55M221.05M213.34M208.49M190.03M
Net Debt--118.79M112.69M162.15M193.86M208.31M210.11M197.40M-7.56M

Cash Flow

Currency: GBP2017-07-112018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow-3.61M6.54M3.05M19.96M14.13M16.82M17.90M14.22M
Investing Cash Flow--210.34M-33.06M-36.77M-32.61M-28.93M-7.07M8.44M20.56M
Financing Cash Flow-218.52M40.87M17.21M9.80M22.42M-16.93M-24.05M-32.56M
Capital Expenditure0027.81M36.02M31.81M29.16M000
Free Cash Flow-3.61M34.34M39.07M51.77M43.29M16.82M17.90M14.22M
Dividends Paid-4.00M7.70M8.55M8.55M9.20M9.55M7.63M7.63M
FCF to OCF-100.00%525.39%1279.37%259.32%306.41%100.00%100.00%100.00%
Dividend Paid to FCF-110.92%22.41%21.88%16.52%21.24%56.80%42.59%53.61%

Key Statistics & Ratios

Market Cap13.52M
Enterprise Value187.70M
Trailing P/E0.00
Forward P/E0.00
Price / Sales16.34
Price / Book0.10
EPS-0.01
Book Value0.741
Revenue (TTM)29.79M
Gross Profit (TTM)17.38M
Profit Margin-5.49%
Operating Margin51.02%
Return on Equity-1.20%
Return on Assets2.84%
Shares Outstanding185.16M
Shares Float163.47M
Beta0.17
Dividend Yield83.84%
Dividend Rate0.06
Payout Ratio0.00%

Dividends

20264×
0.02Aug 27, 20260.19Aug 17, 20260.01Mar 5, 20260.01Feb 5, 2026
20254×
0.01Aug 7, 20250.01Jun 26, 20250.01Feb 20, 20250.01Jan 30, 2025
20243×
0.01Aug 8, 20240.01Jun 27, 20240.01Feb 8, 2024
20234×
0.01Dec 14, 20230.01Aug 10, 20230.01Jun 15, 20230.01Feb 9, 2023
20224×
0.01Dec 8, 20220.01Aug 4, 20220.01Jun 1, 20220.01Feb 3, 2022
20214×
0.01Dec 9, 20210.01Aug 5, 20210.01May 20, 20210.01Feb 4, 2021
20201×
0.01Dec 10, 2020