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HomeCo Daily Needs REIT (ASX:HDN) Pre-Tax Income : A$-3.9 Mil (TTM As of Dec. 2023)


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What is HomeCo Daily Needs REIT Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. HomeCo Daily Needs REIT's pretax income for the six months ended in Dec. 2023 was A$-10.7 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.9 Mil. HomeCo Daily Needs REIT's pretax margin was -5.99%.

During the past 2 years, HomeCo Daily Needs REIT's highest Pretax Margin was 168.99%. The lowest was -1.09%. And the median was 99.21%.

HomeCo Daily Needs REIT Pre-Tax Income Historical Data

The historical data trend for HomeCo Daily Needs REIT's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HomeCo Daily Needs REIT Pre-Tax Income Chart

HomeCo Daily Needs REIT Annual Data
Trend Jun22 Jun23
Pre-Tax Income
335.10 102.20

HomeCo Daily Needs REIT Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Pre-Tax Income 120.60 214.50 95.40 6.80 -10.70

Competitive Comparison of HomeCo Daily Needs REIT's Pre-Tax Income

For the REIT - Retail subindustry, HomeCo Daily Needs REIT's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

HomeCo Daily Needs REIT's Pre-Tax Income Distribution in the REITs Industry

For the REITs industry and Real Estate sector, HomeCo Daily Needs REIT's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where HomeCo Daily Needs REIT's Pre-Tax Income falls into.


HomeCo Daily Needs REIT Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

HomeCo Daily Needs REIT's Pretax Income for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=234.4+-74.1+-58.2+0.5+-0.39999999999999
=102.2

HomeCo Daily Needs REIT's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=120.5+-95+-36.3+0.3+-0.2
=-10.7

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-3.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HomeCo Daily Needs REIT  (ASX:HDN) Pre-Tax Income Explanation

HomeCo Daily Needs REIT's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-10.7/178.7
=-5.99%

During the past 2 years, HomeCo Daily Needs REIT's highest Pretax Margin was 168.99%. The lowest was -1.09%. And the median was 99.21%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HomeCo Daily Needs REIT Pre-Tax Income Related Terms

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HomeCo Daily Needs REIT (ASX:HDN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » HomeCo Daily Needs REIT (ASX:HDN) » Definitions » Pre-Tax Income
Comparable Companies
ASX:CQR ASX:DXC ASX:CDP ASX:RGN ASX:SCG SPG O ASX:VCX HKSE:00823 KIM REG SGX:C38U FRT NNN XPAR:LI XPAR:URW BRX ADC TSE:3462 SGX:N2IU
Traded in Other Exchanges
N/A
Address
1 Macquarie Place, Level 7, Gateway, Sydney, NSW, AUS, 2000
Website
https://www.home-co.com.au
HomeCo Daily Needs REIT, or HomeCo, is an externally managed property trust run by HMC Capital which also runs HealthCo Healthcare and Wellness REIT and unlisted funds. HomeCo targets 50% of assets in neighbourhood malls, 30% large-format, and 20% in health and services. After merging with Aventus Retail REIT in 2022, HomeCo is overweight large-format (just under half its portfolio) and underweight neighbourhood (one third of the portfolio), with health and services slightly below target. The plan is to move back to the target via redevelopment and tenant remixing, and potentially acquisitions. HomeCo seeks tenant leases before commencing developments, so we expect development opportunities will arise gradually, as population growth adds demand in HomeCo's catchments.

HomeCo Daily Needs REIT (ASX:HDN) Headlines

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