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Triple Point Social Housing REIT PLC
(LSE:SOHO)
Triple Point Social Housing REIT PLC (SOHO) vs. S&P 500 (SPY)
Triple Point Social Housing REIT PLC Business Overview & Revenue Model
Triple Point Social Housing REIT PLC Financial Statement Overview
| Breakdown | ||||
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 39.84M | 37.41M | 33.12M | 28.93M | 21.11M | Gross Profit |
| 34.61M | 32.71M | 28.56M | 24.83M | 17.24M | EBIT |
| 27.04M | 27.47M | 26.19M | 22.26M | 15.13M | EBITDA |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Income Common Stockholders |
| 34.99M | 24.90M | 28.41M | 24.59M | 23.72M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 29.45M | 30.14M | 52.47M | 53.70M | 67.71M | Total Assets |
| 713.05M | 705.01M | 699.99M | 630.06M | 544.35M | Total Debt |
| 262.65M | 262.55M | 260.16M | 196.38M | 166.41M | Net Debt |
| 233.19M | 232.41M | 207.69M | 142.68M | 98.70M | Total Liabilities |
| 265.43M | 265.73M | 263.88M | 201.41M | 174.61M | Stockholders Equity |
| 447.62M | 439.29M | 436.11M | 428.65M | 369.73M |
| Cash Flow | Free Cash Flow | |||
| 25.86M | 18.49M | 19.10M | 19.92M | 13.57M | Operating Cash Flow |
| 25.86M | 18.49M | 19.10M | 19.92M | 13.57M | Investing Cash Flow |
| 7.55M | -18.49M | -61.24M | -95.61M | -138.61M | Financing Cash Flow |
| -34.10M | -22.33M | 41.32M | 62.63M | 89.45M |
Triple Point Social Housing REIT PLC Technical Analysis
Triple Point Social Housing REIT PLC Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | £597.71M | 15.79 | 4.48% | 4.11% | 4.60% | -35.59% | |
68 Neutral | £164.13M | 18.14 | 5.56% | 7.72% | ― | ― | |
63 Neutral | 31.42 | 2.09% | 9.90% | -8.69% | -35.71% | ||
60 Neutral | $2.83B | 10.92 | 0.21% | 8543.15% | 5.98% | -17.76% | |
56 Neutral | £271.10M | 9.16 | -8.69% | 7.92% | -1.66% | -204.76% | |
55 Neutral | £193.53M | ― | -12.02% | 11.88% | -0.98% | 27.18% |
Triple Point Social Housing REIT PLC Corporate Events
Triple Point Social Housing REIT PLC announced that Passaic Services Limited, associated with Benedict Luke Green, acquired 500,000 ordinary shares in the company. This acquisition increases Green’s total shareholding to 1,486,311 shares, representing 0.38% of the company’s issued share capital, potentially strengthening his influence within the company.
Triple Point Social Housing REIT PLC has announced its Annual General Meeting scheduled for 19 May 2025, with relevant documents such as the 2024 Annual Report and AGM notice made available to shareholders. The company’s focus on specialised supported housing aims to provide sustainable income for shareholders, improve resident outcomes, and offer taxpayer savings, reinforcing its strategic positioning in the social housing sector.
Triple Point Social Housing REIT PLC announced that Benedict Luke Green and Passaic Services Limited, a closely associated entity, acquired a significant number of ordinary shares in the company. This acquisition increases their combined holdings to 0.25% of the company’s issued share capital, potentially signaling confidence in the company’s market position and future prospects.
Triple Point Social Housing REIT PLC announced that Tilford Holdings Limited, associated with Director Steven Peter Windsor, acquired 615,982 ordinary shares, increasing the total shares held by Windsor and his associates to 851,114, representing 0.22% of the company’s issued share capital. This transaction highlights active engagement by key stakeholders in the company’s equity, potentially signaling confidence in the company’s strategic direction and stability, which could influence investor sentiment and market perception.
Social Housing REIT plc has announced an upcoming investor presentation scheduled for March 28, 2025, where the company’s investment manager, Atrato Partners Limited, will update stakeholders on recent financial results and strategic directions. This presentation, accessible to eligible UK investors, underscores the company’s commitment to transparency and engagement, potentially influencing investor confidence and market positioning.
Triple Point Social Housing REIT PLC announced that Tilford Holdings Limited, associated with Director Steven Peter Windsor, acquired 235,132 ordinary shares, representing 0.06% of the company’s issued share capital. This transaction, conducted on the London Stock Exchange, highlights the involvement of key personnel in the company’s shareholding structure, potentially signaling confidence in the company’s market position and future prospects.
Social Housing REIT plc reported its audited results for the year ending December 31, 2024, showing resilience despite challenges with some Approved Providers. The company achieved high resident occupancy and tenant satisfaction, with a portfolio valuation of £626.4 million. The newly appointed Investment Manager, Atrato, is implementing strategic improvements, including resolving issues with My Space and Parasol, which impacted rent collection. The company aims for growth in earnings and dividends, supported by cost reductions and a stable debt profile. The appointment of Atrato is expected to save £1.9 million annually in management fees, and changes in investment policy were approved to increase exposure limits to Approved Providers.
Social Housing REIT plc has announced an interim dividend of 1.365 pence per Ordinary Share for the period from October to December 2024, to be paid as a Property Income Distribution on April 11, 2025. This brings the total dividend for the financial year to 5.46 pence per share, aligning with the company’s annual target, and reflects its commitment to providing consistent returns to shareholders.
Social Housing REIT plc has announced that it will release its full-year financial results for the period ending December 31, 2024, on March 24, 2025. The announcement will be accompanied by a live webcast presentation for investors and analysts, highlighting the company’s ongoing commitment to transparency and stakeholder engagement. This release is significant for the company’s operations as it continues to focus on providing specialised supported housing in the UK, potentially impacting its market positioning and offering insights into its financial health and strategic direction.
Triple Point Social Housing REIT PLC announced that the company voluntary arrangement proposal of My Space Housing Solutions was approved by creditors. The company’s investment manager, Atrato Partners Limited, negotiated an option agreement allowing the transfer of My Space leases within a year, ensuring no disruption to residents. Atrato is in discussions with alternative providers to facilitate this transition.
Social Housing REIT plc has announced changes to its Nomination Committee, with Tracey Fletcher-Ray joining as a member while Ian Reeves and Bryan Sherriff step down. These changes are part of the company’s ongoing governance adjustments, with further announcements expected after the 2025 AGM. The adjustments reflect the company’s commitment to maintaining effective board governance, which is crucial for its operations in the specialized social housing sector.
Triple Point Social Housing REIT PLC announced the successful passing of a resolution at its General Meeting to amend its Investment Policy, allowing increased exposure to any one Approved Provider up to 35% of the Group’s gross asset value, and a maximum aggregate exposure to the top two Approved Providers not exceeding 55%. This change is expected to impact the company’s operations by potentially increasing its investment flexibility and risk exposure, while also affecting its industry positioning by potentially enhancing its investment appeal among stakeholders.