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Inovalis Real Estate Investment Trust

Inovalis Real Estate Investment Trust

INO-UN · TO · Real Estate / REIT - Office

0.52CAD+0.02 (+4.00%)

Price History

Full chart

Market Stats

Previous Close0.50
Open0.54
Day Range0.52 – 0.54
52-Week Range0.6401 – 1.25
Volume2.80K
Market Cap23.08M
P/E (TTM)0.00
Forward P/E11.55
EPS-1.36
Dividend Yield6.73%
Beta1.05
50-Day Avg0.7488
200-Day Avg0.8625

About

Inovalis Real Estate Investment Trust is a real estate investment trust listed on the Toronto Stock Exchange in Canada. It was founded by Inovalis and invests in office properties in primary markets of France, Germany and Spain. It holds 10 assets. Inovalis REIT acquires (indirectly) real estate properties via CanCorpEurope, authorized Alternative Investment Fund (AIF) by the CSSF in Luxemburg, and managed by Inovalis S.A. Inovalis Real Estate Investment Trust was established on February 03, 2013 and incorporated in Ontario, Canada.

Company Details

  • SectorReal Estate
  • IndustryREIT - Office
  • CEOMr. Stephane Joseph Amine
  • Employees300
  • Headquarters151 Yonge Street, Toronto, ON, Canada, M5C 2W7, Canada
  • Websitehttps://www.inovalisreit.com

Leadership

  • Mr. Stephane Joseph AmineCEO & President · b. 1968
  • Mr. Khalil HankachCFO, Chief Investment Officer & Secretary
  • Ms. Anne SmolenChief Financial Officer of Europe

Financials

Income Statement

Currency: CAD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue15.37M23.38M29.93M31.12M32.69M33.49M33.94M35.77M34.46M31.14M33.57M24.11M22.39M
Growth (%)-+52.12%+28.05%+3.96%+5.04%+2.44%+1.35%+5.39%-3.66%-9.62%+7.78%-28.17%-7.11%
Cost of Revenue3.24M5.45M8.35M8.74M8.56M9.96M10.95M9.17M10.27M9.51M10.35M10.33M13.17M
Gross Profit12.13M17.93M21.59M22.38M24.13M23.53M22.99M26.60M24.19M21.63M23.22M13.78M9.23M
Gross Margin78.90%76.68%72.12%71.92%73.82%70.27%67.74%74.37%70.20%69.46%69.17%57.14%41.20%
Operating Expense-9.48M-7.90M-17.57M-8.87M2.15M-2.16M-21.90M19.15M19.17M11.62M20.37M11.90M4.20M
Operating Income21.61M25.82M39.16M31.25M21.98M25.69M44.89M7.45M5.02M10.02M2.85M1.88M5.03M
Operating Margin140.61%110.47%130.83%100.40%67.24%76.71%132.27%20.82%14.56%32.16%8.48%7.78%22.47%
EBITDA18.57M20.35M35.03M29.23M25.63M31.23M45.90M17.54M35.87M16.23M-21.80M-61.80M-41.67M
EBITDA Margin120.82%87.05%117.01%93.93%78.40%93.27%135.26%49.05%104.10%52.13%-64.95%-256.34%-186.06%
Net Income17.38M16.55M30.80M23.28M19.17M22.15M36.45M18.20M30.33M-36.98M-29.69M-69.13M-55.97M
Net Income Margin113.10%70.77%102.89%74.82%58.64%66.15%107.40%50.87%88.03%-118.73%-88.46%-286.75%-249.95%
R&D---0.760.530.660.750.690.991.150.49--
R&D as % of Total Revenue---0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense1.17M2.81M3.50M4.55M5.42M8.43M8.56M8.27M4.98M4.80M8.48M9.44M8.37M
Interest Expense % of Total Revenue7.64%12.00%11.70%14.61%16.58%25.17%25.22%23.13%14.46%15.40%25.27%39.15%37.37%

Balance Sheet

Currency: CAD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets256.06M374.45M429.83M510.13M576.71M619.34M710.21M712.09M587.25M561.11M484.06M412.22M363.38M
Total Liabilities133.06M216.84M238.18M269.00M311.43M327.26M377.06M335.43M241.16M272.93M236.69M230.11M225.73M
Total Equity123.00M157.62M191.65M241.01M264.92M291.56M331.94M375.24M344.79M286.98M246.42M182.04M138.81M
Cash6.12M24.18M6.89M11.07M20.34M19.11M83.41M80.38M76.63M45.18M12.49M6.25M25.43M
Total Debt113.10M188.17M204.12M234.84M272.98M270.95M308.64M288.66M207.12M243.09M221.04M215.51M204.53M
Net Debt106.98M163.99M197.23M223.77M252.64M251.84M225.23M208.28M130.49M197.92M208.55M209.26M179.10M

Cash Flow

Currency: CAD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow9.81M12.20M14.47M17.77M27.55M20.39M23.49M-2.67M-7.92M21.43M3.97M913.00K-4.83M
Investing Cash Flow-108.51M-50.80M-19.49M-60.52M-19.23M-13.55M66.67M33.00M106.61M-60.47M2.15M701.00K50.96M
Financing Cash Flow101.75M58.13M-12.28M47.05M3.01M-7.98M-25.75M-37.17M-97.54M9.70M-39.08M-7.92M-28.12M
Capital Expenditure015.00M01.93M0015.96M8.70M104.90M0000
Free Cash Flow9.81M27.20M14.47M19.70M27.55M20.39M7.53M6.04M-112.81M21.43M3.97M913.00K-4.83M
Dividends Paid5.98M9.45M11.88M13.61M15.81M16.69M16.53M22.59M36.69M22.37M13.50M0-
FCF to OCF100.00%222.97%100.00%110.87%100.00%100.00%32.07%-226.60%1425.32%100.00%100.00%100.00%100.00%
Dividend Paid to FCF60.90%34.76%82.10%69.10%57.39%81.87%219.39%373.99%-32.52%104.41%339.86%0.00%-

Earnings

Report DateAug 14, 2013Nov 13, 2013Mar 21, 2014May 8, 2014Aug 15, 2014Nov 11, 2014Mar 27, 2015May 14, 2015Aug 14, 2015Nov 12, 2015Mar 22, 2016May 16, 2016Aug 12, 2016Nov 14, 2016Mar 21, 2017May 10, 2017Aug 9, 2017Nov 15, 2017Mar 21, 2018May 15, 2018Aug 9, 2018Nov 12, 2018Apr 1, 2019Aug 14, 2019Nov 14, 2019May 13, 2020Aug 12, 2020Nov 12, 2020Mar 24, 2021May 12, 2021Aug 11, 2021Nov 10, 2021Mar 21, 2022May 9, 2022Aug 14, 2022Nov 9, 2022Mar 29, 2023May 9, 2023Aug 4, 2023Nov 12, 2023Mar 28, 2024May 8, 2024Aug 8, 2024Nov 7, 2024Mar 26, 2025May 13, 2025Aug 7, 2025Nov 11, 2025Mar 30, 2026May 13, 2026Aug 6, 2026Nov 12, 2026
EPS Estimate-------------0.21--------------------------------------
EPS Actual0.590.400.33-0.01-0.520.201.300.200.970.260.470.170.370.270.080.180.010.100.63-0.070.180.11-0.080.140.251.12-0.330.16-0.290.130.290.99-0.470.06-0.390.45-1.250.050.090.04-1.09-0.42-0.62-0.29-0.790.06-0.340.01-1.410.38-0.34-
Surprise-------------28.57%--------------------------------------
Timing------------After-hoursAfter-hours-Pre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap23.08M
Enterprise Value180.25M
Trailing P/E0.00
Forward P/E11.55
Price / Sales2.79
Price / Book0.17
EPS-1.36
Book Value4.24
Revenue (TTM)8.26M
Gross Profit (TTM)-1.41M
Profit Margin0.00%
Operating Margin160.05%
Return on Equity-27.68%
Return on Assets-1.16%
Shares Outstanding33.55M
Shares Float31.33M
Beta1.05
Dividend Yield6.73%
Dividend Rate0.05
Payout Ratio0.00%

Dividends

20251×
0.05Dec 31, 2025
202311×
0.03Nov 29, 20230.03Oct 30, 20230.03Sep 28, 20230.03Aug 30, 20230.03Jul 28, 20230.03Jun 29, 20230.03May 30, 20230.03Apr 27, 20230.03Mar 30, 20230.03Feb 27, 20230.03Jan 30, 2023
202212×
0.03Dec 29, 20220.03Nov 29, 20220.03Oct 28, 20220.03Sep 28, 20220.07Aug 30, 20220.07Jul 28, 20220.07Jun 29, 20220.07May 30, 20220.07Apr 28, 20220.07Mar 30, 20220.07Feb 25, 20220.07Jan 28, 2022

Stock Splits

  • Dec 31, 2024806:1000