Nova Net Lease REIT

$0.42+19.12%(+$0.07)
TickerSpark Score
61/100
Mixed
88
Valuation
60
Profitability
25
Growth
72
Health
60
Momentum

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52-Week Range55% of range
Low $0.08
Current $0.42
High $0.69

Companywww.novanetleasereit.com

The REIT was formed to acquire specialized industrial and retail properties leased to experienced, top-tier, creditworthy state-licensed operators for their Regulated Cannabis facilities ("Licensed Facilities") in the United States. The REIT intends to acquire properties through sale-leaseback transactions and lease such properties on a triple net lease basis for a targeted 10 to 15 year term and strives to negotiate annual rental rate increases in the leases. The REIT's portfolio will consist of only Licensed Facilities in the United States with a targeted mix of 80% cultivation/grow/processing facilities and 20% retail/dispensary.

CEO
James Tyson MacDonald
IPO
2022
Employees
4
HQ
Toronto, ON, CA

Price Chart

+180.00% · this period
$0.69$0.39$0.08Feb 13Aug 14Feb 13

Valuation

Market Cap
$3.33M
P/E
1.80
P/S
2.14
P/B
0.14
EV/EBITDA
1.35
Div Yield
0.00%

Profitability

Gross Margin
100.00%
Op Margin
-13.75%
Net Margin
105.53%
ROE
9.98%
ROIC
-1.40%

Growth & Income

Revenue
$1.56M · 0.06%
Net Income
$1.64M · -78.78%
EPS
$0.23 · -79.28%
Op Income
$-214,000
FCF YoY
80.83%

Performance & Tape

52W High
$0.69
52W Low
$0.08
50D MA
$0.50
200D MA
$0.22
Beta
0.73
Avg Volume
3.21K

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