HomeCo Daily Needs REIT (ASX:HDN) Revenue : A$359.5 Mil (TTM As of Dec. 2023)

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What is HomeCo Daily Needs REIT Revenue?

HomeCo Daily Needs REIT's revenue for the six months ended in Dec. 2023 was A$178.7 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$359.5 Mil. HomeCo Daily Needs REIT's Revenue per Share for the six months ended in Dec. 2023 was A$0.09. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.17.

During the past 12 months, the average Revenue per Share Growth Rate of HomeCo Daily Needs REIT was 3.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

HomeCo Daily Needs REIT Revenue Historical Data

The historical data trend for HomeCo Daily Needs REIT's Revenue 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.

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HomeCo Daily Needs REIT Revenue Chart

HomeCo Daily Needs REIT Annual Data

Trend

Jun22

Jun23

Revenue

198.30

347.30

HomeCo Daily Needs REIT Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Revenue	56.90	141.40	166.50	180.80	178.70

Competitive Comparison of HomeCo Daily Needs REIT's Revenue

For the REIT - Retail subindustry, HomeCo Daily Needs REIT's Revenue, along with its competitors' market caps and Revenue 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 Revenue Distribution in the REITs Industry

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

* The bar in red indicates where HomeCo Daily Needs REIT's Revenue falls into.

HomeCo Daily Needs REIT Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue 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$359.5 Mil.

HomeCo Daily Needs REIT (ASX:HDN) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:

Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.

Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.

HomeCo Daily Needs REIT Revenue 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 » Revenue

Comparable Companies

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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