Growthpoint Properties Australia

  • IPO date: 2007-07-04
  • Sector: Real Estate
  • GIC Group: Equity Real Estate Investment Trusts (REITs)
  • Industry: REIT-Diversified
  • Company website

Company description

Growthpoint provides space for you and your business to thrive. Since 2009, we've been investing in high-quality industrial and office properties across Australia. Today, we have $6.9 billion3 total assets under management. We directly own and manage 58 high quality, modern office and industrial properties, valued at approximately $5.0 billion3. We actively manage our portfolio and invest in our existing properties, ensuring they meet our tenants' needs now and into the future. We are also focused on growing our property portfolio. We manage a further $1.9 billion3 on behalf of third-party investors through our funds management business, which manages funds that invest in office, retail and mixed-use properties across value-add and opportunistic strategies. We are committed to operating in a sustainable way and reducing our impact on the environment. We are targeting net zero by 2025 across our 100% owned on balance sheet operationally controlled office assets and corporate activities. Growthpoint Properties Australia (ASX: GOZ) is a real estate investment trust (REIT), listed on the ASX, and is part of the S&P/ASX 200. Moody's has issued us with an investment-grade rating of Baa2 for domestic senior secured debt.

Financial highlights

Market Capitalization$1635.8584 million
P/E Ratio0
P/E Growth Ratio0
Book Value4.052
Dividend Per Share0.214
Earnings Per Share-0.32
EBITDA243,500
Profit Margin-0.7378
Operating Margin TTM0.7245
Return on Assets TTM0.0282
Return on Equity TTM-0.0747
Revenue TTM332,900

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2007-06-30 21,153 458 20,695 132
2008-06-30 65,238 7,453 57,785 943
2009-06-30 71,066 8,685 62,381 767
2010-06-30 66,909 7,900 59,009 2,586
2011-06-30 88,419 9,217 79,202 4,244
2012-06-30 124,005 15,063 108,942 5,587
2013-06-30 153,870 20,474 133,396 6,498
2014-06-30 177,656 23,643 154,013 9,035
2015-06-30 202,556 25,441 177,115 9,260
2016-06-30 216,052 27,457 188,595 10,535
2017-06-30 263,985 38,145 225,840 12,547
2018-06-30 260,201 40,614 219,587 13,655
2019-06-30 277,194 45,604 231,590 14,212
2020-06-30 287,300 47,000 240,300 18,500
2021-06-30 309,500 45,700 263,800 21,000
2022-06-30 258,900 47,100 211,800 25,700
2023-06-30 332,900 52,300 280,600 39,400

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2007-06-30 280,258 1,120,255 790,404 276,164 403,418 332,026
2008-06-30 17,560 863,443 525,939 23,949 517,328 332,115
2009-06-30 7,010 671,627 555,017 506,082 332,514
2010-06-30 16,739 774,828 450,825 416,630 515,579
2011-06-30 24,144 1,190,110 711,546 667,242 662,924
2012-06-30 35,289 1,607,082 873,840 732,456 925,101
2013-06-30 9,405 1,680,398 876,259 821,234 786,893 973,911
2014-06-30 21,321 2,128,779 963,705 892,756 892,564 1,303,009
2015-06-30 26,858 2,407,147 995,630 910,445 890,445 1,376,011
2016-06-30 70,661 2,914,034 1,357,193 1,257,579 1,242,226 1,414,012
2017-06-30 31,459 3,328,372 1,426,891 1,305,820 1,299,380 1,653,735
2018-06-30 31,463 3,474,569 1,317,596 0 1,197,555 1,698,702
2019-06-30 30,172 4,117,860 1,571,394 0 1,433,335 1,879,366
2020-06-30 42,700 4,500,700 1,678,100 700 1,446,000 2,049,900
2021-06-30 33,500 4,777,800 1,556,400 900 1,327,100 2,048,500
2022-06-30 49,200 5,499,800 1,979,900 40,700 1,700,000 2,046,500
2023-06-30 49,400 5,210,800 2,156,500 1,800 1,918,700 1,986,400

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2007-06-30 -2,175 640 280,258
2008-06-30 35,509 30,622 -262,698 280,258 17,560 20,959
2009-06-30 -210,050 18,668 -10,550 17,560 7,010 15,234
2010-06-30 46,637 22,592 9,729 7,010 16,739 11,375
2011-06-30 43,488 37,933 7,405 16,739 24,144 29,379
2012-06-30 49,626 54,042 11,145 24,144 35,289 45,417
2013-06-30 93,956 72,700 -25,884 35,289 9,405 67,761
2014-06-30 117,348 88,644 11,916 9,405 21,321 77,403
2015-06-30 283,004 92,387 5,537 21,321 26,858 101,201
2016-06-30 224,269 133,822 43,803 26,858 70,661 114,405
2017-06-30 278,090 161,500 -39,202 70,661 31,459 140,077
2018-06-30 357,709 138,396 4 31,459 31,463 144,875
2019-06-30 375,292 136,053 -1,291 31,463 30,172 158,606
2020-06-30 272,100 181,200 12,500 30,200 42,700 -175,500
2021-06-30 553,200 151,700 -9,200 42,700 33,500 -154,400
2022-06-30 459,200 3,900 15,700 33,500 49,200 -157,500
2023-06-30 -245,600 176,000 200 49,200 49,400 -162,400