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Octopus Renewables Infrastructr Trst PLC
Previous close
GBX 65.70
Day range
GBX 64.10 - GBX 65.80
Year range
GBX 63.00 - GBX 90.80
Market cap
358.39M GBP
Avg Volume
1.35M
P/E ratio
19.72
Dividend yield
9.24%
Primary exchange
LON
Market news
Financials
Income Statement
Revenue
Net income
| (GBP) | Jun 2024info | Y/Y change |
|---|---|---|
Revenue | 7.31M | 61.70% |
Operating expense | 1.74M | -1.39% |
Net income | 5.65M | 104.52% |
Net profit margin | 77.30 | 26.47% |
Earnings per share | — | — |
EBITDA | — | — |
Effective tax rate | — | — |
Balance Sheet
Total assets
Total liabilities
| (GBP) | Jun 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 11.82M | 4,092.20% |
Total assets | 594.62M | -2.49% |
Total liabilities | 1.84M | 16.03% |
Total equity | 592.79M | — |
Shares outstanding | 563.73M | — |
Price to book | 0.63 | — |
Return on assets | 2.34% | — |
Return on capital | 2.35% | — |
Cash Flow
Net change in cash
| (GBP) | Jun 2024info | Y/Y change |
|---|---|---|
Net income | 5.65M | 104.52% |
Cash from operations | 9.96M | 239.11% |
Cash from investing | -276.50K | 15.96% |
Cash from financing | -8.78M | -12.98% |
Net change in cash | 905.00K | 117.54% |
Free cash flow | 3.48M | 102.05% |
About
Octopus Renewables Infrastructure Trust is a British investment trust which invests in renewable electricity generation assets in countries in Europe and Australia. It floated on the London Stock Exchange in December 2019, raising £350m.
The chairman is Phil Austin. Its investment manager is Octopus Renewables Ltd, part of Octopus Group, who replaced Octopus Investments Ltd, also part of Octopus Group, in June 2021.
The company had net assets of £599 million at December 2023.
ORIT owns a 15.5% stake in the Lincs Wind Farm. In June 2022, the company acquired the Cambridgeshire-based Breach Solar Farm and, in August 2022, it acquired a 51% stake in the Crossdykes Onshore Wind Farm. Wikipedia
Founded
2019
