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GPT Group
(Sydney:GPT)
GPT Group (GPT) vs. S&P 500 (SPY)
GPT Group Business Overview & Revenue Model
GPT Group Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 988.70M | 900.10M | 816.00M | 795.30M | 718.20M | Gross Profit |
| 646.90M | 560.50M | 588.50M | 562.20M | 544.90M | EBIT |
| 0.00 | -33.50M | 509.90M | 418.00M | 370.10M | EBITDA |
| 29.00M | -18.00M | 514.00M | 426.40M | 376.20M | Net Income Common Stockholders |
| -200.70M | -240.00M | 469.30M | 1.42B | -213.20M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 72.20M | 67.90M | 60.20M | 61.50M | 372.50M | Total Assets |
| 15.63B | 16.28B | 17.32B | 17.18B | 15.35B | Total Debt |
| 4.87B | 4.83B | 5.10B | 5.19B | 4.14B | Net Debt |
| 4.79B | 4.76B | 5.04B | 5.13B | 3.77B | Total Liabilities |
| 5.52B | 5.51B | 5.84B | 5.51B | 4.47B | Stockholders Equity |
| 10.11B | 10.77B | 11.48B | 11.67B | 10.88B |
| Cash Flow | Free Cash Flow | |||
| 602.20M | 408.90M | 273.80M | 307.90M | 145.90M | Operating Cash Flow |
| 0.00 | 586.00M | 564.40M | 520.40M | 485.30M | Investing Cash Flow |
| 68.20M | 206.10M | -245.80M | -1.23B | 51.40M | Financing Cash Flow |
| -667.90M | -784.40M | -319.90M | 394.70M | -268.40M |
GPT Group Technical Analysis
GPT Group Peers Comparison
GPT Group Corporate Events
GPT Group announced the issuance of 493,139 performance rights as part of an employee incentive scheme. These unquoted equity securities are not intended to be listed on the ASX, reflecting the company’s ongoing efforts to incentivize and retain talent, which could strengthen its operational capabilities and market position.
The GPT Group held its 2025 Annual General Meeting on May 1, 2025, where several key resolutions were passed. Notably, the re-election of directors Anne Brennan and Tracey Horton was approved, along with the adoption of the remuneration report and the granting of performance rights to CEO Russell Proutt. These decisions reflect strong shareholder support and are expected to reinforce GPT’s strategic direction and leadership stability.
GPT Group has undergone significant strategic and structural changes in 2024, focusing on long-term growth and shareholder value. Under the leadership of CEO Russell Proutt, the company has shifted its strategy to co-investment, enhancing its capital mix and portfolio returns. Despite a volatile operating environment, GPT achieved its earnings and distribution guidance, with strong occupancy and income growth across its portfolios. The company also attained Carbon Neutral Certification for its assets and made significant changes to employee incentive schemes to align with value creation for securityholders.
GPT Group announced a change in the director’s interest notice for Shane Gannon, indicating an acquisition of 12,500 stapled securities, bringing his total to 40,000. This change reflects a strategic adjustment in the director’s investment, potentially impacting the company’s governance and stakeholder confidence.
GPT Group has announced a change in the director’s interest notice for Russell Proutt, reflecting an acquisition of 274,717 rights. This update is part of the company’s compliance with ASX listing rules and highlights the ongoing adjustments in its executive management’s financial interests, which could influence stakeholder perceptions and the company’s strategic direction.
GPT Group has announced the issuance of 2,938,323 performance rights as part of an employee incentive scheme. These unquoted securities are intended to enhance employee engagement and align their interests with the company’s long-term goals, potentially impacting GPT Group’s operational efficiency and market positioning positively.
GPT Group has announced the details for its 2025 Annual General Meeting, scheduled for May 1, 2025, in Sydney. The announcement includes the Notice of Meeting, Explanatory Memorandum, Proxy Form, and a Letter to Securityholders, which are all accessible online. This meeting is a key event for stakeholders to discuss the company’s performance and future strategies, reflecting GPT’s commitment to transparency and engagement with its investors.
The GPT Group announced a change in the director’s interest for Vickki McFadden, with the acquisition of 25,000 ordinary stapled securities through Tallis Custody Pty Limited as trustee for the V McFadden Super Fund. This change reflects the director’s increased investment in the company, potentially signaling confidence in GPT’s future performance and stability, which may positively impact stakeholder perceptions.
GPT Group announced a change in the director’s interest notice for Russell Proutt, reflecting an acquisition of 67,521 stapled securities following the vesting of rights. This update is part of the company’s regulatory compliance with ASX listing rules and may indicate strategic adjustments in executive holdings, potentially impacting stakeholder perceptions of leadership stability and alignment with shareholder interests.
GPT Group has announced the issuance of 934,894 performance rights under an employee incentive scheme. These securities are unquoted and are not intended for trading on the ASX, reflecting the company’s strategy to motivate and retain its workforce, potentially impacting its operational efficiency and stakeholder engagement.
GPT Group has announced a change in the interests of its substantial holder, BlackRock Group, which now holds a reduced voting power in the company. This adjustment in BlackRock’s holdings may influence GPT Group’s shareholder dynamics and could have implications for its market positioning and stakeholder relations.
The GPT Group announced a change in the director’s interest, specifically for Anne Brennan, with the acquisition of 20,000 ordinary stapled securities through Bond Street Custodians Limited as trustee for the BrennanPuren Super Fund. This change reflects an increased personal investment by the director, signaling confidence in the company’s prospects and potentially influencing investor sentiment positively.
GPT Group has released its Appendix 4G and 2024 Corporate Governance Statement, adhering to the ASX Listing Rules. This announcement underscores the company’s commitment to transparency and compliance with corporate governance standards, which is crucial for maintaining investor confidence and ensuring regulatory adherence.
GPT Group has released its 2024 Annual Result Data Pack, providing key financial insights and performance metrics for the year. This release is likely to offer stakeholders critical information regarding the company’s financial health and strategic direction, potentially influencing investor confidence and market positioning.
GPT Group announced its 2024 annual results, highlighting a statutory loss after tax of $200.7 million, mainly due to investment property valuation declines. Despite the loss, the company reported a strong Funds from Operations of $616.3 million and maintained a high occupancy rate across its investment portfolio. Strategic initiatives included key executive appointments and the expansion of Rouse Hill Town Centre. The Group also formed a retail partnership with Perron Group, acquiring significant interests in key Perth properties, and observed robust growth in its retail and logistics segments, forecasting positive future earnings growth.
The GPT Group has released its 2024 Annual Financial Report for GPT Management Holdings Limited, detailing the financial performance and operations for the year ending December 31, 2024. This announcement signifies GPT’s commitment to transparency and accessibility in its financial reporting, which is crucial for stakeholders and investors who rely on timely data to make informed decisions.
The GPT Group has announced a 38.4% increase in total revenues and other income to $445.8 million for the fiscal year ending December 31, 2024. However, the company reported a net loss after income tax attributable to stapled security holders down by 16.4% to $200.7 million, highlighting a complex financial landscape. Despite the challenges, profit from operations as assessed by directors increased by 2.6% to $616.3 million, indicating strong operational performance. The announcement underscores the company’s resilience in maintaining profitability amid a challenging market environment, with implications for future distributions and stakeholder confidence.
GPT Group reported a significant increase in total revenues and other income by 31.7% for the year ended December 31, 2024. However, the company also experienced a substantial rise in net loss after income tax expense, increasing by 398.0% compared to the previous year, with no dividends declared for the period.