Irongate Group Past Earnings Performance

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Irongate Group's earnings have been declining at an average annual rate of -22.9%, while the REITs industry saw earnings growing at 12.4% annually. Revenues have been growing at an average rate of 5.2% per year.

Key information

-22.9%

Earnings growth rate

-31.9%

EPS growth rate

REITs Industry Growth	12.4%
Revenue growth rate	5.2%
Return on equity	21.9%
Net Margin	-1.4%
Last Earnings Update	31 Mar 2022

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Irongate Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

CHIA:IAP Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings
31 Mar 22	117	-2
30 Sep 21	63	58
30 Jun 21	59	23
31 Mar 21	55	-13
30 Sep 20	98	55
30 Jun 20	100	57
31 Mar 20	101	59
31 Dec 19	97	63
30 Sep 19	92	66
30 Jun 19	91	60
31 Mar 19	89	53
31 Dec 18	88	70
30 Sep 18	86	87
30 Jun 18	82	98
31 Mar 18	78	108
31 Dec 17	72	93
30 Sep 17	66	78
30 Jun 17	60	64
31 Mar 17	54	49
31 Dec 16	51	52
30 Sep 16	47	56
30 Jun 16	43	50
31 Mar 16	39	43
31 Dec 15	36	32
30 Sep 15	33	21

Quality Earnings: IAP is currently unprofitable.

Growing Profit Margin: IAP is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: IAP is unprofitable, and losses have increased over the past 5 years at a rate of 22.9% per year.

Accelerating Growth: Unable to compare IAP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IAP is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (-13.1%).

Return on Equity

High ROE: IAP has a negative Return on Equity (21.9%), as it is currently unprofitable.

Irongate Group Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Investec Australia Property Fund to Report First Half, 2021 Results on Oct 29, 2020

Recent updates

Irongate Group and Phoenix Pan Asia Core Plus Investments Fund of Phoenix Property Investors Limited acquired Industrial property in New South Wales, Australia for AUD 57.3 million.

Irongate Group(ASX:IAP) dropped from S&P Global BMI Index

Irongate Group Announces Distribution on IAP - FULLY PAID UNITS STAPLED SECURITIES for the Period Ended 31 March 2022, Payable on June 10, 2022

360 Capital Group Limited (ASX:TGP) and 360 Capital REIT (ASX:TOT) cancelled the acquisition of remaining 80.01% stake in Irongate Group (JSE:IAP).

Irongate Group (JSE:IAP) completed the acquisition of 50% stake in Cremorne Property.

Charter Hall Direct Industrial Fund No.4, managed by Charter Hall Group (ASX:CHC) completed the acquisition of Office Building Located at 24 Wormald Street, Symonston from Irongate Group (JSE:IAP).

Irongate Group announced that it expects to receive AUD 50.000001 million in funding

Irongate Group (JSE:IAP) completed the acquisition of commercial land and buildings at 34 Southgate Avenue, Brisbane from Anthony John Group Pty. Ltd. and Cannon Hill Developments Pty Ltd.

Irongate Property Fund II and Irongate Group (JSE:IAP) managed by Irongate Funds Management Limited entered into agreement to acquire Office building in Sydney from The Blackstone Group (Australia) Pty Limited for AUD 73.8 million

Irongate Group Announces Ordinary Distribution for the Six Months Period Ended March 31, 2021, Payable on June 11, 2021

Irongate Group (JSE:IAP) completed the acquisition of industrial facility located at 153 Main Beach Road, Pinkenba.

Irongate Group (JSE:IAP) entered into a contract for sale of land to acquire industrial facility located at 153 Main Beach Road, Pinkenba for AUD 24.8 million.

360 Capital REIT (ASX:TOT) completed the acquisition of 9.18% stake in Irongate Group (JSE:IAP) from Investec Bank Limited (JSE:INLP) for AUD 78.6 million

Investec Australia Property Fund (JSE:IAP) agreed to acquire Industrial property at Lot 3 Belconnen Crescent for AUD 15.6 million.

Investec Australia Property Fund to Report First Half, 2021 Results on Oct 29, 2020

Investec Australia Property Fund (JSE:IAP) agreed to acquire Property at 46-70 Grand Trunkway, Gillman SA from Charter Hall Prime Industrial Fund, managed by Charter Hall Group (ASX:CHC) for AUD 25.5 million.

Investec Australia Property Fund (JSE:IAP) completed the acquisition of Property at 103 Welshpool Road, 46-70 Grand Trunkway, Gillman SA and 16 Dawson Street, East Arm NT from Charter Hall Prime Industrial Fund managed by Charter Hall Group (ASX:CHC).

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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