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Safestay
(LSE:SSTY)
Safestay (SSTY) vs. iShares MSCI United Kingdom ETF (EWC)
Safestay Business Overview & Revenue Model
Safestay Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 22.50M | 21.49M | 19.15M | 5.81M | 3.38M |
| Gross Profit | 18.56M | 17.68M | 12.35M | 877.00K | -1.48M |
| EBITDA | 5.85M | 5.82M | 3.27M | 293.00K | -2.59M |
| Net Income | -891.00K | -1.32M | -282.00K | -7.56M | -7.52M |
Balance Sheet | |||||
| Total Assets | 94.31M | 93.97M | 92.49M | 93.48M | 110.73M |
| Cash, Cash Equivalents and Short-Term Investments | 1.43M | 2.00M | 5.23M | 4.48M | 2.13M |
| Total Debt | 50.44M | 49.33M | 56.24M | 57.96M | 79.38M |
| Total Liabilities | 63.55M | 61.21M | 62.73M | 63.34M | 83.88M |
| Stockholders Equity | 30.76M | 32.76M | 29.76M | 30.13M | 26.85M |
Cash Flow | |||||
| Free Cash Flow | 656.00K | 3.00M | 5.24M | -2.12M | -5.99M |
| Operating Cash Flow | 6.87M | 8.05M | 5.61M | -1.81M | -4.97M |
| Investing Cash Flow | -6.20M | -5.02M | -370.00K | 16.35M | -3.53M |
| Financing Cash Flow | -1.52M | -5.86M | -4.49M | -12.18M | 7.67M |
Safestay Technical Analysis
Safestay Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | £315.25M | 12.21 | 6.45% | 3.41% | 4.79% | 223.72% | |
69 Neutral | £1.53B | 9.19 | 6.90% | ― | 1.95% | 275.56% | |
64 Neutral | £740.70M | 13.32 | 16.38% | 2.14% | 3.70% | 57.10% | |
63 Neutral | £459.05M | 52.92 | 1.27% | 2.73% | 24.95% | -16.86% | |
61 Neutral | $17.67B | 14.34 | -5.25% | 3.04% | 1.27% | -14.70% | |
61 Neutral | £145.48M | 22.43 | 11.33% | 0.61% | -3.82% | -51.23% | |
54 Neutral | £15.26M | ― | -4.04% | ― | 4.67% | 32.84% |
Safestay Corporate Events
Safestay PLC has signed its first franchise agreement with Sycomore Entwicklungen GmbH to operate two properties in Kitzbühel, Austria, under the Safestay brand. This move aligns with Safestay’s strategy for capital-light expansion and aims to broaden its market reach beyond city centers to alpine resorts. The agreement, effective from September 2025, will see the properties rebranded and integrated into Safestay’s sales and marketing platform, benefiting from its operational expertise and infrastructure. This strategic partnership is expected to enhance Safestay’s presence in the hostel market, offering financial growth opportunities while providing Sycomore with access to Safestay’s established systems and support services.
Safestay PLC has released its Annual Report and Financial Statements for the year ending December 31, 2024, and announced the details of its upcoming Annual General Meeting (AGM). The AGM is scheduled for August 15, 2025, at the Safestay London Elephant & Castle location. Shareholders are encouraged to vote by proxy, with the voting process being conducted via a poll to ensure comprehensive inclusion of all votes, including those cast in advance.
Safestay PLC has signed a 12-year lease agreement to operate a 300-bed hostel in Naples, Italy, marking the start of a strategic partnership with Italian property developer Ma Creo srl. This move is part of Safestay’s capital-light expansion strategy in Italy, aiming to open additional high-quality, community-focused hostels across the country. The new hostel, located in a former monastery in Naples’ Materdei district, is set to open in August 2025, enhancing Safestay’s portfolio with its historic charm and strategic location. This expansion is expected to strengthen Safestay’s position in the European hostel market and contribute to urban regeneration efforts in Naples.
Safestay PLC has announced a change in its shareholder structure, with Peter O’Reilly increasing his voting rights from 7.33% to 8.02%, equating to 5,207,956 shares. This adjustment in holdings reflects a significant shift in the company’s ownership dynamics, potentially influencing future strategic decisions and impacting stakeholders’ interests.
Safestay PLC has announced the appointment of Mr. Carlos Salas Dual as the new Chief Financial Officer, effective June 30, 2025, succeeding Paul Hingston. Mr. Salas Dual brings extensive experience in senior financial management from various sectors, which is expected to support Safestay’s continued expansion and value creation for shareholders in the competitive hostel market.
Safestay PLC has reported record revenues of £23.0m for the year ended December 31, 2024, indicating strategic and operational progress despite a challenging economic environment. The company increased its hostel portfolio with acquisitions in Brighton, Cordoba, and Budapest, and aims to double its size over the medium term. The occupancy rate rose to 75.2%, supported by effective marketing, and the company saw a 10% increase in bed nights sold. Although consumer confidence remains under pressure, Safestay is confident in its growth strategy and continues to explore expansion opportunities.
Safestay PLC has announced it is considering the conditional sale of the freeholds of certain UK assets, following recent speculation and share price movements. The company has indicated that this potential disposal is not expected to impact its operations or workforce, and shareholders are advised to await further announcements. This move could potentially influence Safestay’s financial strategy and market positioning, although the outcome remains uncertain.
Safestay PLC has successfully secured a £1.4 million insurance claim related to business interruptions caused by the Covid-19 pandemic. This financial boost will be recognized in the company’s 2024 financial results, potentially enhancing its operational stability and market positioning in the competitive hostel industry.