Tritax Big Box REIT Full Year 2022 Earnings: UK£0.32 loss per share (vs UK£0.55 profit in FY 2021)

Tritax Big Box REIT (LON:BBOX) Full Year 2022 Results

Key Financial Results

• Revenue: UK£213.0m (up 12% from FY 2021).
• Net loss: UK£599.4m (down by 162% from UK£972.6m profit in FY 2021).
• UK£0.32 loss per share (down from UK£0.55 profit in FY 2021).

BBOX Net Asset Value

• Net asset value (NAV) per share: UK£1.79 (down 18% from FY 2021).
  • The current share price is 18% lower than NAV per share.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Tritax Big Box REIT Earnings Insights

Looking ahead, revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the REITs industry in the United Kingdom.

Performance of the British REITs industry.

The company's shares are down 1.5% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Tritax Big Box REIT (1 is concerning!) that you should be aware of.

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