The Local Shopping REIT

The Local Shopping REIT plc was founded in January 2005 with the objective of building a portfolio of properties and letting units in the convenience shopping market. LSR was floated on the London Stock Exchange in May 2007. In the latter part of that year the Company adjusted its property purchasing programme in response to the downturn in the UK property market, focussing activities on active asset management. From 2009 the Company developed its asset management proposition and established a number of joint ventures to complement its wholly-owned portfolio. In July 2013, following a strategic review, the Company's shareholders resolved to change the Company's investment policy to enable the orderly liquidation of assets, the repayment of debt and the return of the remaining capital to Shareholders and the Board appointed INTERNOS Global Investors Limited to manage this process.
Type
Public
HQ
London, GB
The Local Shopping REIT is headquartered in London, GB

The Local Shopping REIT Office Locations

The Local Shopping REIT has an office in London
London, GB (HQ)
65 Grosvenor St

The Local Shopping REIT Data and Metrics

The Local Shopping REIT Financial Metrics

The Local Shopping REIT's revenue was reported to be £7 m in FY, 2016 which is a 9% decrease from the previous period.
Numbers are in £, GBP

Revenue (FY, 2016)

7 m

Revenue growth (FY, 2015 - FY, 2016), %

(9%)

Gross profit (FY, 2016)

5.1 m

Gross profit margin (FY, 2016), %

73%

Net income (FY, 2016)

631 k

Market capitalization (25-May-2017)

26.4 m

Closing share price (25-May-2017)

0.3

Cash (30-Sep-2016)

11 m
The Local Shopping REIT's current market capitalization is £26.4 m.
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

14.6 m13.9 m7.7 m7 m

Revenue growth, %

(5%)(45%)(9%)

Cost of goods sold

2.6 m3.9 m2 m1.9 m

Gross profit

12.1 m10 m5.7 m5.1 m

Gross profit Margin, %

82%72%74%73%

Operating expense total

13.3 m3.5 m3.3 m3 m

Pre tax profit

1.2 m20 k631 k

Net Income

1.2 m20 k631 k
Numbers are in £, GBPFY, 2014FY, 2015FY, 2016

Cash

15.7 m12.7 m11 m

Accounts Receivable

1.1 m746 k1.1 m

Current Assets

21.2 m17.2 m14.7 m

PP&E

86.5 m79.5 m74.3 m

Total Assets

107.7 m96.6 m89 m

Accounts Payable

399 k521 k110 k

Current Liabilities

6.9 m6.4 m3.2 m

Retained Earnings

1.2 m20 k631 k

Total Equity

34.8 m34.9 m35.5 m

Financial Leverage

3.1 x2.8 x2.5 x
Numbers are in £, GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

(215 k)1.1 m661 k

Cash From Financing Activities

(3.1 m)(9 m)(7.1 m)
Y, 2016

Financial Leverage

2.5 x

The Local Shopping REIT Market Value History

The Local Shopping REIT Company Life and Culture

You may also be interested in