Arena REIT (ASX:ARF) announced financial results for the full-year ended 30 June 2022.
Statutory net profit $334 million, up 102% on prior year.
Net operating profit (distributable income) of $56 million, up 8.4% on prior year.
Earnings per security (EPS) of 16.3 cents, up 7.2% on prior year.
Distributions per security (DPS) of 16 cents, up 8.1% on prior year.
Total Assets of $1.52 billion, up 32% on 30 June 2021.
Net Asset Value (NAV) per security of $3.37, up 32% on 30 June 2021.
Gearing 20.2%, increased from 19.9% at 30 June 2021.
100% of contracted rent collected in FY22.
FY23 DPS guidance of 16.8 cents per security, reflecting growth of 5% on FY22.
Following the announcement the company?s share price fell 1.999%.