Ram Essential Services Property Fund
Ram Essential Services Property Fund (REP) is an Australian Real Estate Investment Trust (REIT) focused on owning and managing a portfolio of commercial retail and medical real estate assets. The fund aims to provide investors with stable income and long-term capital growth by investing in properties leased to tenants operating in essential service industries. REP's strategy centers around properties that support essential services, providing resilience against economic cycles.
Short position
Ram Essential Services Property Fund (ASX:REP) has 0.00% of its shares on issue reported as short positions as of 11 Sept 2026, or about 2,246 shares. Over the past 30 days that figure has been broadly flat, and over 90 days it has been broadly flat. Its highest recorded short interest was 0.70% in October 2021. REP is classified in the Equity Real Estate Investment Trusts (REITs) industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.
Price & short interest
Toggle series, zoom, and compare · ASIC daily, T+4Ram Essential Services Property Fund (REP) financials
Results, ratios and statements
Latest result
Year to 30 Jun 2026 (FY26) vs FY25, figures in AUD, the reporting currency
- Revenue
- $40.8MM (source: ASX (Markit))vs $50.2MM (source: ASX (Markit)) (FY25)
- ASX (Markit), as at 29 Sep 2026
- NPAT
- −$14.2MM (source: ASX (Markit))vs −$7.6MM (source: ASX (Markit)) (FY25)
- ASX (Markit), as at 29 Sep 2026
- EPS (diluted)
- −$0.060T (source: Derived: trailing 12 months at year end)vs −$0.029 (FY25)
- Derived: trailing 12 months at year end, as at 29 Sep 2026
- Rev YoY
- −18.7%FY
- EPS YoY
- n/aTTM
- ASX (Markit)
- Derived: trailing 12 months at year end
Key ratios
Year to 30 Jun 2026 (FY); no balance sheet aligned with this period; prices to 9 Oct 2026
- Gross margin
- 46.1%
- Operating margin
- 9.7%
- Net margin
- −34.9%
- FCF margin
- 53.8%
- ROE
- n/a
- ROA
- n/a
- FCF conversion
- n/a
- Net debt (excl. leases)
- n/a
- Net debt / EBITDA
- n/a
- Current ratio
- n/a
- Interest cover
- 0.3×
- Cash dividends paid / net profit
- n/a
- Market cap
- n/a (no share count we can vouch for)
- P/E
- n/a
- P/B
- n/a (no share count we can vouch for)
Property trust: profit and EBITDA include property revaluations, so margins and returns move with valuations.
Ratios use the reporting currency (AUD); market cap is in AUD. Sources: ASX (Markit) and Derived: trailing 12 months at year end, as at 29 Sep 2026.
Financial statements
Figures in AUD, the reporting currency; Yahoo Finance unless marked
| Line item | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue | $40.8MM (source: ASX (Markit)) | $50.2MM (source: ASX (Markit)) | $50.8M | $50.4M |
| Gross profit | $18.8MT (source: Derived: trailing 12 months at year end) | n/a | $29.2M | $30.8M |
| Operating income | $4.0MT (source: Derived: trailing 12 months at year end) | n/a | $18.7M | $27.4M |
| EBITDA | −$5.9MT (source: Derived: trailing 12 months at year end) | n/a | −$3.7M | −$6.2M |
| EBIT | −$15.7MT (source: Derived: trailing 12 months at year end) | n/a | −$10.3M | −$6.2M |
| Interest expense | $14.4MT (source: Derived: trailing 12 months at year end) | n/a | $14.2M | $10.4M |
| Pretax income | −$30.1MT (source: Derived: trailing 12 months at year end) | n/a | −$24.5M | −$16.6M |
| Tax | $0T (source: Derived: trailing 12 months at year end) | n/a | $0 | $0 |
| NPAT | −$14.2MM (source: ASX (Markit)) | −$7.6MM (source: ASX (Markit)) | −$11.4M | −$15.7M |
| Net interest income | −$14.2MT (source: Derived: trailing 12 months at year end) | n/a | −$14.1M | −$10.4M |
| EPS basic | −$0.060T (source: Derived: trailing 12 months at year end) | −$0.029 | −$0.048 | −$0.060 |
| EPS diluted | −$0.060T (source: Derived: trailing 12 months at year end) | −$0.029 | −$0.048 | −$0.060 |
| Shares | n/a | n/a | 511.4M | 260.5M |
- ASX (Markit)
- Derived: trailing 12 months at year end
Financial reports
The company's own filings, newest first
- Annual Report to shareholdersAnnual Report29 Sep 2026via asx_announcements
- Preliminary Final ReportAnnual Results26 Aug 2026via asx_announcements
- Half Year AccountsHalf Year Results26 Feb 2026via asx_announcements
- Half Yearly Report and AccountsHalf Year Results26 Feb 2026via asx_announcements
- Annual Report to shareholdersAnnual Report30 Sep 2025via asx_announcements
- Preliminary Final ReportAnnual Results27 Aug 2025via asx_announcements
- Half Yearly Report and AccountsHalf Year Results28 Feb 2025via asx_announcements
- Half Yearly Report and AccountsHalf Year Results28 Feb 2025via asx_announcements
- REP Annual Report FY24Annual Report30 Sep 2024via asx_announcements
- REP - Appendix 4E and FY24 Financial ReportAnnual Results20 Aug 2024via asx_announcements
Showing 10 of 12 reports