SEDCO Capital REIT Fund (4344.SR)

Real Estate | REIT Diversified
Income Statement (Quarterly) 2026-04-07 2025-06-30 2024-12-31 2024-06-30
Revenue 94,585,403 94,585,403 87,408,902 89,307,162
Cost of Revenue 26,338,493 26,338,493 26,373,933 26,291,384
Gross Profit 0 0 61,034,969 63,015,778
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 0 0 7,907,362 -8,430,938
Operating Expenses 0 0 7,907,362 -8,430,938
Operating Income 57,208,947 57,208,947 53,127,607 54,584,845
Interest Expense 0 0 0 0
Income Before Tax -4,371,456 -4,371,456 -3,378,589 17,788,429
Income Tax Expense 0 0 0 -3
Net Income -4,371,456 -4,371,456 -3,378,589 17,788,429
Per Share
EPS -0.02 -0.02 -0.02 0.10
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenue 176,716,064 161,784,997 137,505,273 72,910,276 68,108,150
Cost of Revenue 52,665,317 50,608,987 41,183,384 0 0
Gross Profit 124,050,747 111,176,010 96,321,889 0 0
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 22,338,295 15,469,126 12,471,904 8,995,692 7,276,945
Operating Expenses 22,338,295 65,592,772 56,655,055 34,488,585 34,256,696
Operating Income 101,712,452 95,081,516 86,490,793 38,421,691 33,851,454
Interest Expense 0 57,221,413 45,380,449 12,480,293 18,495,689
Income Before Tax 14,409,840 33,561,234 41,110,344 -35,437,775 9,721,346
Income Tax Expense 0 0 45,380,449 0 0
Net Income 14,409,840 33,561,234 -4,270,105 -35,437,775 9,721,346
Per Share
EPS 0.08 0.18 -0.04 -0.44 0.16
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets
Cash and Cash Equivalents 1,299,076 6,193,713 26,550,920 62,053,842
Short Term Investments 182,000,000 52,500,000 21,645,322 0
Net Receivables 92,197,542 63,149,487 29,577,661 0
Inventory 0 0 -21,645,322 0
Total Current Assets 0 126,624,243 84,049,299 95,576,058
Property Plant Equipment 0 2,257,750,502 1,760,383,078 0
Goodwill and Intangibles 0 0 0 0
Total Assets 2,478,032,339 2,384,374,745 1,844,432,377 1,729,541,921
Liabilities
Account Payables 0 0 -13,482,685 0
Short Term Debt 12,098,951 10,698,891 8,293,739 4,141,929
Total Current Liabilities 0 68,902,232 61,111,949 74,320,115
Long Term Debt 953,489,955 782,253,943 785,924,480 615,511,202
Total Liabilities 1,023,876,153 851,156,175 847,036,429 689,831,317
Shareholders Equity
Retained Earnings 0 0 0 0
Total Shareholders Equity 1,454,156,186 1,533,218,570 997,395,948 1,039,710,604
Balance Sheet (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets
Cash and Cash Equivalents 1,299,076 6,193,713 26,550,920 62,053,842 20,585,698
Short Term Investments 182,000,000 52,500,000 21,645,322 0 0
Net Receivables 92,197,542 63,149,487 29,577,661 0 0
Inventory 0 0 -21,645,322 0 0
Total Current Assets 0 126,624,243 84,049,299 95,576,058 42,765,378
Property Plant Equipment 0 2,257,750,502 1,760,383,078 0 0
Goodwill and Intangibles 0 0 0 0 0
Total Assets 2,478,032,339 2,384,374,745 1,844,432,377 1,729,541,921 1,048,138,641
Liabilities
Account Payables 0 0 -13,482,685 0 0
Short Term Debt 12,098,951 10,698,891 8,293,739 4,141,929 1,468,518
Total Current Liabilities 0 68,902,232 61,111,949 74,320,115 23,454,709
Long Term Debt 953,489,955 782,253,943 785,924,480 615,511,202 486,735,553
Total Liabilities 1,023,876,153 851,156,175 847,036,429 689,831,317 510,190,262
Shareholders Equity
Retained Earnings 0 0 0 0 0
Total Shareholders Equity 1,454,156,186 1,533,218,570 997,395,948 1,039,710,604 537,948,379
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Activities
Net Income 14,409,840 33,561,234 41,110,344 -35,437,775
Depreciation & Amortization 34,187,472 31,966,107 29,130,449 16,194,638
Stock Based Compensation 0 0 0 0
Change in Working Capital -27,659,876 -18,076,606 -48,280,861 493,988
Operating Cash Flow 114,240,048 116,082,051 65,626,373 42,500,416
Investing Activities
Capital Expenditure -514,738 -1,548,432 -3,932,684 -6,165,707
Investments -514,740 -1,548,432 -3,932,684 -6,165,707
Investing Cash Flow -1,666,032 -533,632,399 -182,387,480 -346,931,332
Financing Activities
Debt Repayment 109,336,723 -58,486,798 -821,863,690 -3,550,940
Common Stock Issued/Repurchased 0 600,000,000 0 250,000,000
Dividends Paid -97,305,376 -91,820,060 -71,878,125 -35,550,000
Financing Cash Flow 12,031,347 449,693,142 81,258,185 345,899,060
Summary
Free Cash Flow 113,725,310 114,533,619 61,693,689 36,334,709
Net Change in Cash 0 32,142,793 -35,502,922 41,468,144
Cash Flow Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Activities
Net Income 14,409,840 33,561,234 41,110,344 -35,437,775 9,721,346
Depreciation & Amortization 34,187,472 31,966,107 29,130,449 16,194,638 16,086,432
Stock Based Compensation 0 0 0 0 0
Change in Working Capital -27,659,876 -18,076,606 -48,280,861 493,988 -9,515,220
Operating Cash Flow 114,240,048 116,082,051 65,626,373 42,500,416 21,748,494
Investing Activities
Capital Expenditure -514,738 -1,548,432 -3,932,684 -6,165,707 0
Investments -514,740 -1,548,432 -3,932,684 -6,165,707 0
Investing Cash Flow -1,666,032 -533,632,399 -182,387,480 -346,931,332 0
Financing Activities
Debt Repayment 109,336,723 -58,486,798 -821,863,690 -3,550,940 0
Common Stock Issued/Repurchased 0 600,000,000 0 250,000,000 0
Dividends Paid -97,305,376 -91,820,060 -71,878,125 -35,550,000 -35,696,816
Financing Cash Flow 12,031,347 449,693,142 81,258,185 345,899,060 -35,696,816
Summary
Free Cash Flow 113,725,310 114,533,619 61,693,689 36,334,709 21,748,494
Net Change in Cash 0 32,142,793 -35,502,922 41,468,144 -13,948,322