ESR-Logos REIT Full Year 2022 Earnings: S$0.05 loss per share (vs S$0.025 profit in FY 2021)

ESR-Logos REIT (SGX:J91U) Full Year 2022 Results

Key Financial Results

• Revenue: S$348.6m (up 40% from FY 2021).

• Net loss: S$290.3m (down by 407% from S$94.6m profit in FY 2021).

• S$0.05 loss per share (down from S$0.025 profit in FY 2021).

J91U Net Asset Value

• Net asset value (NAV) per share: S$0.36 (down 8.1% from FY 2021).

  • The current share price is 4.4% higher than NAV per share.

All figures shown in the chart above are for the trailing 12 month (TTM) period

ESR-Logos REIT Earnings Insights

Looking ahead, revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the REITs industry in Singapore.

Performance of the Singaporean REITs industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for ESR-Logos REIT (of which 1 is potentially serious!) you should know about.

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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.

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