SECURE PROPERTY Development & Investment (SPDI) AI Stock Analysis

• Market Cap: £2.26M
• Dividend Yield: N/A
• Average Volume (3M): 37.88K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.61
• Revenue Growth: -55.33%
• EPS Growth: -115.99%
• Country: UK
• Employees: 2
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): N/A
• Shares Outstanding: 129,191,440
• 10 Day Avg. Volume: 10,740
• 30 Day Avg. Volume: 37,876
• PEG Ratio: 0.07
• Price to Book (P/B): 0.99
• Price to Sales (P/S): 4.88
• P/FCF Ratio: 230.50
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: 2.00p ▲(14.29% Upside)

The overall stock score reflects significant challenges in financial performance and valuation, with ongoing losses and weak cash flow management. However, recent strategic corporate events, including a shift towards energy storage and asset sales, provide a positive outlook for future growth. Technical indicators suggest bearish momentum, further weighing down the score.

Positive Factors

Manageable Debt Levels

A low debt-to-equity ratio indicates that the company has a manageable level of debt, which can provide financial stability and flexibility for future investments and operations.

Positive Free Cash Flow

Improved free cash flow suggests the company is generating enough cash to cover its operating expenses and investments, which is crucial for long-term sustainability and growth.

Strategic Property Management

Diversified income streams from property management and leasing provide a stable revenue base, reducing reliance on property sales and offering resilience against market fluctuations.

Negative Factors

Fluctuating Revenues

Fluctuating revenues can indicate instability in the company's core operations, making it challenging to plan for long-term growth and potentially affecting investor confidence.

Declining Equity

Declining equity suggests that the company is not retaining enough earnings to support its financial health, which could limit its ability to invest in future growth opportunities.

Negative Profit Margins

Negative profit margins indicate that the company is not currently profitable, which could hinder its ability to reinvest in the business and improve its competitive position.

SECURE PROPERTY Development & Investment Business Overview & Revenue Model

Company Description

SPDI is a London listed property company focused on Emerging Europe (Romania, Bulgaria, Greece, Serbia) with a growing portfolio of prime commercial properties let to blue chip clients on long leases, which generates high yields and offers significant potential for capital growth thanks to highly favourable macro and regional property market fundamentals.

How the Company Makes Money

SPDI generates revenue through multiple streams including property development projects, where the company earns profits from the sale or lease of developed properties. Additionally, SPDI engages in asset management services, collecting management fees from the properties it oversees. The company also derives income from investment advisory services, guiding clients in making informed real estate investments. Significant partnerships with local governments and financial institutions enhance SPDI's project capabilities and access to funding, further contributing to its earnings.

SECURE PROPERTY Development & Investment Financial Statement Overview

Summary

Secure Property Development & Investment faces significant profitability challenges, with fluctuating revenues and persistent net losses impacting its income statement. The balance sheet reflects a manageable debt level but declining equity, raising concerns about long-term financial health. The cash flow statement shows some positive signals, though cash generation remains inconsistent.

Income Statement

The company has experienced fluctuating revenue growth, with a notable decrease in 2024 compared to 2023. The gross profit margin has decreased significantly in 2024, indicating reduced profitability. The net profit margin is negative, highlighting ongoing losses. Despite a positive EBIT margin in 2024, EBITDA margin remains low, indicating operational challenges.

Balance Sheet

The balance sheet shows a decline in stockholders' equity over time, which raises concerns about financial stability. The debt-to-equity ratio is relatively low, suggesting manageable leverage. However, the equity ratio has decreased, indicating a higher proportion of liabilities in the company's capital structure.

Cash Flow

The company has shown improved free cash flow in 2024, but the operating cash flow remains volatile. The operating cash flow to net income ratio is low, reflecting inefficiencies in converting earnings into cash. Although the company has positive free cash flow, its ratio to net income is weak, indicating potential cash flow management issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.37M	1.28M	1.43M	1.14M	1.05M	795.70K
Gross Profit	1.07M	972.23K	1.43M	1.14M	1.05M	795.70K
EBITDA	43.48K	72.68K	9.51M	-1.06M	422.31K	-1.10M
Net Income	-1.21M	-838.07K	6.48M	-1.24M	184.41K	-1.49M
Balance Sheet
Total Assets	28.02M	28.12M	28.20M	30.14M	53.16M	55.59M
Cash, Cash Equivalents and Short-Term Investments	186.26K	1.05M	152.24K	66.57K	2.16M	129.86K
Total Debt	343.74K	1.43M	985.17K	1.42M	3.03M	3.41M
Total Liabilities	21.56M	21.83M	9.43M	16.65M	24.15M	25.96M
Stockholders Equity	4.50M	6.28M	18.66M	13.11M	23.25M	23.71M
Cash Flow
Free Cash Flow	1.53M	27.09K	-87.83K	-2.47M	-1.68M	-1.64M
Operating Cash Flow	1.53M	27.09K	-87.83K	-2.47M	-1.68M	-1.64M
Investing Cash Flow	-971.64K	1.19M	1.11M	2.56M	5.70M	2.91M
Financing Cash Flow	-475.70K	-546.97K	-872.13K	-2.30M	-2.33M	-1.13M

SECURE PROPERTY Development & Investment Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.75
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SPDI, the sentiment is Negative. The current price of 1.75 is equal to the 20-day moving average (MA) of 1.75, above the 50-day MA of 1.75, and below the 200-day MA of 3.10, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 1.38 is Positive, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:SPDI.

SECURE PROPERTY Development & Investment Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PNS	76 Outperform	£50.33M	7.03	6.15%	3.92%	-6.10%	889.93%
FPO	70 Outperform	£24.02M	10.71	5.05%	―	-7.14%	―
FLK	66 Neutral	£3.84M	38.27	2.37%	6.43%	-6.18%	-66.67%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
GR1T	52 Neutral	£34.23M	-0.40	-43.94%	―	15.55%	-116.52%
SPDI	50 Neutral	£2.26M	-2.22	-2.41%	―	-55.33%	-115.99%
DCI	42 Neutral	£43.42M	-3.45	―	―	―	―

SECURE PROPERTY Development & Investment Corporate Events

Secure Property Development & Investment Wins Full Shareholder Backing at AGM

Secure Property Development & Investment PLC announced that all resolutions proposed at its Annual General Meeting held on 31 December 2025 were duly passed by shareholders. The approval of all AGM resolutions provides the company with continued shareholder backing for its current strategy and governance framework, supporting operational continuity in its South Eastern European property investment activities.

The most recent analyst rating on (GB:SPDI) stock is a Hold with a £2.00 price target. To see the full list of analyst forecasts on SECURE PROPERTY Development & Investment stock, see the GB:SPDI Stock Forecast page.

SPDI Targets Q1 2026 for Arcona Property Fund Share Distribution

Secure Property Development & Investment PLC has updated shareholders on the planned distribution of shares in Arcona Property Fund N.V., confirming that it is still collecting shareholder responses to the previously circulated letter and reply form. The company now expects to complete the distribution of Arcona Property Fund shares in the first quarter of 2026 and has urged entitled shareholders who hold SPDI shares via nominees, brokers or custodians to contact those intermediaries to ensure their reply forms are submitted correctly, a procedural step that is key to finalising the transfer of these assets to investors.

The most recent analyst rating on (GB:SPDI) stock is a Hold with a £2.00 price target. To see the full list of analyst forecasts on SECURE PROPERTY Development & Investment stock, see the GB:SPDI Stock Forecast page.

SPDI Targets Q1 2026 for Distribution of Arcona Property Fund Shares

Secure Property Development & Investment PLC (SPDI), a South Eastern Europe-focused real estate investment company, is progressing with the distribution of shares in Arcona Property Fund N.V. (APF) to its entitled shareholders following a previously announced corporate action. The company is still collecting shareholder reply forms and now expects to complete the APF share distribution in the first quarter of 2026, urging shareholders whose holdings are registered through nominees, brokers or custodians to contact those intermediaries to ensure the necessary documentation is submitted, a step that will determine how investors receive their APF entitlement and finalize this stage of SPDI’s portfolio and capital structure adjustment.

The most recent analyst rating on (GB:SPDI) stock is a Hold with a £2.00 price target. To see the full list of analyst forecasts on SECURE PROPERTY Development & Investment stock, see the GB:SPDI Stock Forecast page.

Secure Property Development & Investment PLC Announces AGM for December 2025

Secure Property Development and Investment PLC has announced its Annual General Meeting (AGM) for shareholders, scheduled for December 31, 2025, in Nicosia, Cyprus. The AGM will address resolutions important to the company’s operations and strategic direction, reflecting its focus on generating healthy investment returns through commercial property investments in South East Europe.

The most recent analyst rating on (GB:SPDI) stock is a Hold with a £2.00 price target. To see the full list of analyst forecasts on SECURE PROPERTY Development & Investment stock, see the GB:SPDI Stock Forecast page.

SPDI Announces Strategic Shift with Potential AdvEn Industries Acquisition

Secure Property Development & Investment PLC has announced a potential reverse takeover of AdvEn Industries, a company specializing in energy storage technologies. This strategic move involves a suspension of SPDI’s trading on AIM and a shift from property investments to energy storage, potentially benefiting shareholders by aligning with a rapidly growing market. SPDI has advanced loans to AdvEn to support its business model, which includes innovative carbon conversion technologies for energy storage materials, positioning AdvEn for significant growth in the sector.

The most recent analyst rating on (GB:SPDI) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on SECURE PROPERTY Development & Investment stock, see the GB:SPDI Stock Forecast page.

SPDI Announces Arcona Share Distribution to Shareholders

Secure Property Development & Investment PLC has announced the distribution of Arcona Property Fund N.V. shares to its entitled shareholders, following decisions made at the Extraordinary General Meeting in April 2025. Shareholders are advised to coordinate with their brokers or custodians to respond appropriately to the distribution letter, which is part of the company’s strategic moves to enhance shareholder value.

The most recent analyst rating on (GB:SPDI) stock is a Hold with a £4.50 price target. To see the full list of analyst forecasts on SECURE PROPERTY Development & Investment stock, see the GB:SPDI Stock Forecast page.