Breakdown | |||||
TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
195.20M | 167.58M | 208.03M | 202.56M | 185.10M | 194.31M | Gross Profit |
95.47M | 72.85M | 114.61M | 113.16M | 109.55M | 115.84M | EBIT |
92.29M | 0.00 | 103.54M | -164.12M | 53.55M | -25.68M | EBITDA |
102.01M | -129.47M | 111.88M | -111.76M | 55.48M | -26.36M | Net Income Common Stockholders |
-116.47M | -178.00M | -379.96M | -129.72M | 39.41M | -43.28M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
129.73M | 65.24M | 129.73M | 112.86M | 78.58M | 86.67M | Total Assets |
1.59B | 1.22B | 1.59B | 2.12B | 2.28B | 2.09B | Total Debt |
921.23M | 745.95M | 921.23M | 1.03B | 971.29M | 852.29M | Net Debt |
794.08M | 680.71M | 794.08M | 916.12M | 892.71M | 765.61M | Total Liabilities |
979.63M | 794.03M | 979.63M | 1.10B | 1.09B | 930.17M | Stockholders Equity |
608.63M | 430.63M | 608.63M | 1.02B | 1.19B | 1.16B |
Cash Flow | Free Cash Flow | ||||
27.01M | 7.87M | 32.35M | 66.57M | 60.65M | 57.87M | Operating Cash Flow |
65.12M | 48.50M | 76.82M | 91.99M | 90.63M | 82.04M | Investing Cash Flow |
56.30M | 70.44M | 86.58M | -25.37M | -230.93M | -24.01M | Financing Cash Flow |
-178.71M | -176.07M | -171.57M | -32.37M | 132.22M | -32.16M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
74 Outperform | $262.62M | 8.59 | 6.86% | 9.23% | 1.37% | -10.66% | |
61 Neutral | $2.83B | 10.91 | 0.42% | 8438.90% | 5.74% | -20.95% | |
55 Neutral | $197.40M | ― | -0.96% | 24.56% | -2.52% | 89.81% | |
52 Neutral | $185.77M | 23.28 | 1.13% | 2.02% | -11.42% | ― | |
47 Neutral | $113.70M | ― | -34.26% | ― | -19.44% | 53.13% | |
$179.83M | ― | -5.56% | 5.10% | ― | ― | ||
― | ― | ― | ― |
Manulife US REIT has released its financial statements for the year ending December 31, 2024, which received an unqualified opinion with an emphasis on material uncertainty regarding its going concern status. This uncertainty stems from the requirement to sell certain properties to meet a net proceeds target of US$328.7 million by June 30, 2025, as part of a master restructuring agreement. The company has achieved 45% of this target and is actively pursuing sales, with potential buyers conducting due diligence. If necessary, the company can seek an extension of the deadline with lender approval.
Manulife US REIT has announced that the Section 1446(f) Withholding Tax, which generally applies to non-US persons transferring interests in partnerships engaged in US trade or business, will not be applicable to its unitholders. This is due to the trust’s structure and the issuance of a Qualified Notice confirming it is not engaged in a US trade or business, thus exempting unitholders and brokers from withholding tax obligations and related US tax filing requirements.
Manulife US REIT announced the redemption of all 115 outstanding preferred units by its indirect subsidiary, Hancock S-REIT SECA LLC, which previously held the property known as Plaza in Secaucus, New Jersey. The redemption, amounting to approximately US$0.1 million, was funded from internal resources and is not expected to significantly impact the trust’s net tangible assets or earnings per unit for the financial year ending December 31, 2025.