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SECURE PROPERTY Development & Investment plc

SECURE PROPERTY Development & Investment plc

0.40
GBX
0.00
(0.00%)
516.77MMarket Cap
SECURE PROPERTY Development & Investment plc
LSE:SPDI
(London Stock Exchange)

Recent

price

0.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
EUR
- -
0.08
0.13
0.09
0.1
0.08
0.07
0.02
0.01
- -
0.01
0.01
0.01
0.01
0.01
0.01
- -
Revenue per Share
-3.85
-0.17
0.01
- -
0.03
-0.16
-0.03
-0.41
-0.02
-0.06
-0.03
- -
-0.07
0.05
-0.01
-0.03
- -
Basic EPS, GAAP
-0.96
-0.74
-0.2
-0.03
-0.05
0.01
- -
- -
0.01
- -
-0.01
-0.01
-0.02
- -
- -
-0.01
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
3.85
4.98
1.96
1.14
0.82
0.47
0.43
0.35
0.28
0.23
0.18
0.18
0.1
0.14
0.05
0.01
0.05
Book Value per Share
3.85
4.98
1.96
1.14
0.82
0.47
0.43
0.35
0.28
0.23
0.18
0.18
0.1
0.14
0.05
0.01
0.05
Tangible Book Value per Share
5
5
12
29
35
69
90
97
126
127
129
129
129
129
129
129
129
Basic Weighted Avg Shares
- -
- -
2
3
4
5
6
2
1
- -
1
1
1
1
1
1
- -
Sales/Revenue/Turnover
- -
-1,156.8
-79
-11.11
4.1
11.2
40.59
9.76
-145.31
-433.81
-98.15
-70.53
-26.9
-13.62
-0.15
-85.28
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
-19
-1
- -
- -
1
-11
-2
-39
-3
-7
-4
- -
-10
6
-1
-4
- -
Net Income, GAAP
- -
- -
57.67
- -
18.55
- -
- -
- -
- -
- -
- -
21.94
- -
0.03
8.86
- -
- -
Effective Tax Rate (%)
- -
-205.88
6.21
-5.13
25.16
-202.16
-38.93
-1,808.97
-395.84
-1,574.32
-545.41
-45.34
-844.32
452.74
-65.47
-567.22
- -
Profit Margin (%)
-8
-12
-11
1
-4
-22
-32
-2
45
35
25
23
3
7
-6
-12
-6
Working Capital
12
1
2
- -
24
38
28
37
1
1
1
1
1
- -
- -
- -
- -
LT Debt
20
25
26
39
33
43
46
45
43
37
30
29
13
19
6
1
6
Total Equity
- -
- -
1.84
- -
14.37
- -
- -
- -
- -
- -
- -
0.01
- -
52.24
0.67
- -
- -
Return on Invested Capital (%)
- -
- -
1.35
- -
3.51
- -
- -
- -
- -
- -
- -
-0.33
- -
37.86
-5.67
- -
- -
Return on Capital (%)
-70.18
-3.89
0.4
-0.44
2.64
-29.38
-5.81
-104.8
-8.47
-22.16
-16.34
-2.02
-53.11
40.77
-6.72
-124.74
- -
Return on Common Equity (%)

Capital Structure

EUR

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
129
129
129
Market Capitalization
6
6
6

Working Capital

EUR

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
17
17
16
Cash, Cash Equivalents & STI
- -
- -
1
Accounts Receivable, Net
1
1
1
Inventories
- -
- -
- -
Total Current Liabilities
9
10
22
Payables & Accruals
- -
- -
- -
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-20.3%
-33.89%
-86.54%
Free Cash Flow
391.57%
-991.3%
-4,778.14%
Net Income, GAAP
348.96%
398.98%
430.13%
Sales/Revenue/Turnover
-6.74%
3.32%
-38.81%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1
2024
- -
- -
1
2025
- -
- -
1

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.05
2024
- -
- -
-0.01
2025
- -
- -
-0.03

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -
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Business
Secure Property Development & Investment Plc (SPDI.L) is a Cyprus-based real estate investment and development company focused on commercial, industrial, and residential properties in South Eastern Europe, including Romania and Ukraine; it acquires, develops, operates, and sells income-generating assets such as warehouses, offices, and land plots primarily let to blue-chip tenants on long-term leases. The company, founded in 2005 and headquartered at 6 Nikiforou Foka Street, Nicosia, Cyprus, maintains key holdings including the Innovations Logistics Park in Bucharest, Romania, featuring 8,470 sqm of multipurpose warehousing, 6,395 sqm of cold storage, and 1,705 sqm of office space with anchor tenants like Carrefour Romania and Baustoff+Metall; land assets in Ukraine such as the 0.55 Ha Kiyanovskiy Residence near Kiev city center, the 0.36 Ha Tsymlyanskiy Residence in Podil District, and the 42 Ha Rozny Lane plot in Kiev Oblast for potential residential development; and a significant equity stake in Arcona Property Fund N.V. valued at approximately €12.4 million comprising 1,152,381 shares and 115,543 warrants. SPDI generates returns through rental income from commercial-industrial segments, fair value appreciation, and strategic disposals, with operations supported by offices in Nicosia, Bucharest, and Kiev targeting high-yield opportunities in populous locations. In recent developments, the company completed the disposal of the Kiyanovskiy land plot in Ukraine to Arcona in February 2025 for €1.08 million plus 68,782 shares, finalized Stage 2 of its long-standing all-share transaction with Arcona originally announced in 2018 by receiving additional shares and warrants following prior transfers of Romanian EOS and Delenco office assets, established a Cyprus-based joint venture with Myrian Nes Limited converting a €2.5 million loan into equity for Romanian logistics developments including contributions of Innovations Terminal and two regional properties with a shared tenant, reported 2025 interim results showing net operating income up 5.5% to €0.43 million driven by higher rentals despite negative recurring EBITDA from elevated administration costs and reduced interest income post-loan conversion, and approved share capital restructuring at an extraordinary general meeting in April 2025 alongside capital reduction updates in July and November 2025 to facilitate Arcona share distribution to shareholders.