Tritax Big Box REIT Full Year 2022 Earnings: UK£0.32 loss per share (vs UK£0.55 profit in FY 2021)
Tritax Big Box REIT (LON:BBOX) Full Year 2022 Results
Key Financial Results
Revenue: UK£213.0m (up 12% from FY 2021).
Net loss: UK£599.4m (down by 162% from UK£972.6m profit in FY 2021).
UK£0.32 loss per share (down from UK£0.55 profit in FY 2021).
BBOX Net Asset Value
Net asset value (NAV) per share: UK£1.79 (down 18% from FY 2021).
The current share price is 18% lower than NAV per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tritax Big Box REIT Earnings Insights
Looking ahead, revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the REITs industry in the United Kingdom.
Performance of the British REITs industry.
The company's shares are down 1.5% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Tritax Big Box REIT (1 shouldn't be ignored!) that you need to take into consideration.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here