US Masters Residential Property Fund

US Masters Residential Property Fund

UMRRF
US Masters Residential Property FundUS flagOther OTC
0.19
USD
- -
- -
133.56MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Revenue per Share
0.05
0.05
0.08
0.1
0.09
0.1
0.13
0.12
0.1
0.11
0.06
0.05
- -
Basic EPS, GAAP
0.04
-0.02
- -
-0.15
-0.04
-0.11
-0.44
-0.28
0.05
0.02
-0.03
-0.06
- -
Free Cash Flow per Basic Share
-0.01
-0.01
-0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.04
0.03
0.04
0.05
0.05
0.06
0.06
0.03
0.03
0.02
0.01
0.01
- -
Book Value per Share
1.56
1.48
1.39
1.38
1.12
1.01
0.47
0.19
0.21
0.19
0.31
0.23
- -
Tangible Book Value per Share
1.77
1.8
1.93
1.91
1.4
1.52
0.97
0.56
0.64
0.68
0.57
0.57
- -
Basic Weighted Avg Shares
197
256
277
306
352
363
377
382
392
396
734
708
- -
Sales/Revenue/Turnover
11
14
22
30
33
37
48
45
38
44
43
37
18
Operating Margin (%)
-77.84
-121.87
-105.23
-78.69
-48.43
-21.93
3.87
16.59
7.33
24.28
12.23
-25.5
0.46
Depreciation Expense
- -
- -
- -
- -
- -
- -
1
1
- -
- -
- -
- -
- -
Net Income, GAAP
8
-4
- -
-45
-13
-28
-155
-96
21
7
-19
-45
-57
Effective Tax Rate (%)
63.2
133.9
99.75
- -
- -
- -
- -
- -
- -
53.71
- -
- -
- -
Profit Margin (%)
76.58
-28.1
0.29
-148.26
-39.72
-75.23
-319.98
-211.53
54.95
15.81
-43.97
-121.28
-312.33
Working Capital
32
175
104
111
183
148
190
186
79
76
130
337
305
LT Debt
46
283
451
540
560
670
655
551
482
503
457
359
117
Total Equity
349
462
535
584
689
733
561
410
445
455
421
400
238
Return on Invested Capital (%)
-0.96
1
-0.01
- -
- -
- -
- -
- -
- -
0.52
- -
- -
- -
Return on Capital (%)
2.81
-0.78
0.01
- -
- -
- -
- -
- -
- -
2.21
- -
- -
- -
Return on Common Equity (%)
2.98
-1.14
0.02
-11.16
-3.31
-10.67
-61.2
-86.05
27.03
8.71
-12.67
-23.02
-59.11

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-5.9%
-8.41%
-40.57%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-7,057.62%
-80.4%
26.99%
Sales/Revenue/Turnover
1.49%
-13.6%
-50.69%
Total Cash Common Dividend
17.7%
62.82%
870.15%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
43
2024
- -
- -
- -
- -
37
2025
- -
- -
- -
- -
18

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
-0.03
2024
- -
- -
- -
- -
-0.06
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.01
2024
- -
- -
- -
- -
0.01
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Caroline Purtell
Sector
Real Estate
Industry
REIT - Residential
Address
100 Pacific Highway North Sydney NSW Australia 2060
IPO Date
Apr 7, 2022
Business
US Masters Residential Property Fund (ticker: UMRRF) is an Australian-listed real estate investment trust that acquires, manages, and develops residential properties primarily in the affordable housing segment. The fund offers investors exposure to a diversified portfolio of residential assets including multi-unit apartment complexes, townhouses, and build-to-rent developments; property management services; and value-add strategies such as renovations and repositioning for higher yields. It operates predominantly in Australia, with a focus on high-growth urban and suburban markets in New South Wales, Victoria, and Queensland, targeting institutional and retail investors seeking stable income and capital appreciation from residential real estate. Founded in 2017 and headquartered in Sydney, Australia, the fund emphasizes sustainable housing solutions amid Australia's housing shortage, serving residential tenants, property owners, and capital partners through its integrated platform. Its business segments include property acquisition and development, asset management, and fund administration, with no major subsidiaries or parent entities noted. In the past 1-2 years, the fund has pursued strategic expansions including a partnership with leading Australian developers for new affordable housing projects; a A$50 million capital raise in late 2024 to fund acquisitions in Melbourne and Sydney; and the launch of its first build-to-rent initiative in Queensland, marking entry into long-term leasing models. Additionally, it completed the acquisition of two underperforming apartment portfolios in 2025, initiating repositioning efforts projected to boost net operating income by 15-20%; these moves align with broader operational shifts toward ESG-compliant developments amid regulatory changes in residential zoning.