GONYF
GO Residential Real Estate Investment Trust
Price Chart
Latest Quote
$7.28
| Previous Close | $7.62 |
| Open | $7.65 |
| Day High | $7.67 |
| Day Low | $7.65 |
| Volume | 4,050 |
Stock Information
| Quarterly Dividend / Yield | $0.64 / 8.78% |
| Shares Outstanding | 42.58M |
| Quarterly Dividend Yield | 8.78% |
| Quarterly Dividend | $0.64 |
| Total Debt | $1.74B |
| Cash Equivalents | $38.26M |
| Revenue | $122.44M |
| Net Income | $1.03B |
| Sector | Real Estate |
| Industry | REIT - Residential |
| Market Cap | $309.97M |
| Exchange | OQB |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $1.97B |
| Sales | $122.44M |
| Income | $1.03B |
| Book/sh | $31.93 |
| Cash/sh | $0.90 |
Financial Ratios
| Quick Ratio | 1.67 |
| Current Ratio | 2.06 |
| Debt/Eq | 146.61 |
Returns & Margins
| ROA | 1.34% |
| ROE | 99.79% |
| Gross Margin | 68.70% |
| Operating Margin | 53.06% |
| Profit Margin | 843.73% |
Ownership
| Insider Ownership | 18.12% |
| Institutional Ownership | 12.93% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 2.53 |
| P/B | 0.23 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $7.67 |
| RSI | 39.89 |
| ATR | 0.1633 |
| Shares Float | 30.04M |
| Rel Volume | 0.35 |
Performance History
| Week | -5.28% |
| Month | -0.93% |
| YTD | -13.13% |
| 10 Years | -13.13% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-10-30 | $7.28 | 3,001 |
| 2026-10-29 | $7.57 | 295 |
| 2026-10-28 | $7.60 | 20,785 |
| 2026-10-27 | $7.59 | 15,810 |
| 2026-10-26 | $7.66 | 2,950 |
| 2026-10-23 | $7.69 | 1,599 |
| 2026-10-22 | $7.73 | 4,660 |
| 2026-10-21 | $8.04 | 400 |
| 2026-10-20 | $8.05 | 10,625 |
| 2026-10-19 | $8.04 | 9,101 |
| 2026-10-16 | $7.96 | 1,460 |
| 2026-10-15 | $7.97 | 26,930 |
| 2026-10-14 | $7.75 | 2,950 |
| 2026-10-13 | $7.61 | 1,500 |
| 2026-10-12 | $7.55 | 100 |
| 2026-10-09 | $7.99 | 500 |
| 2026-10-08 | $7.67 | 5,500 |
| 2026-10-07 | $7.32 | 24,477 |
| 2026-10-06 | $7.15 | 21,835 |
| 2026-10-05 | $7.25 | 17,944 |
| 2026-10-02 | $7.45 | 16,980 |
| 2026-10-01 | $7.35 | 14,740 |
| 2026-09-30 | $7.43 | 6,200 |
About GO Residential Real Estate Investment Trust
GO Residential Real Estate Investment Trust is an internally managed, open ended real estate investment trust established under, and governed by, the laws of the Province of Ontario. The REIT has been formed to provide investors with an opportunity to invest in luxury high-rise multifamily properties (LHRs) located in the New York metropolitan area and other major metropolitan cities in the United States. The REIT owns and operates a portfolio of eight LHRs consisting of 2,731 luxury suites located in New York City, New York. GO Residential Real Estate Investment Trust was established on June 13, 2025 and incorporated in Ontario, Canada.
đ° Latest News
Income Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Revenue | ||
| Reconciled Cost Of Revenue | $50,859,000 | $51,321,000 |
| Cost Of Revenue | $50,859,000 | $51,321,000 |
| Total Revenue | $152,832,000 | $138,553,000 |
| Operating Revenue | $152,832,000 | $138,553,000 |
| Expenses | ||
| Interest Expense | $99,765,000 | $116,169,000 |
| Total Expenses | $64,593,000 | $62,033,000 |
| Other Income Expense | $640,512,000 | $175,333,000 |
| Net Non Operating Interest Income Expense | $-99,765,000 | $-116,169,000 |
| Interest Expense Non Operating | $99,765,000 | $116,169,000 |
| Operating Expense | $13,734,000 | $10,712,000 |
| Other Operating Expenses | $14,128,000 | $2,354,000 |
| General And Administrative Expense | $13,734,000 | $7,367,000 |
| Selling And Marketing Expense | - | $811,000 |
| Income & Earnings | ||
| Net Income From Continuing Operation Net Minority Interest | $628,786,000 | $135,684,000 |
| Net Interest Income | $-99,765,000 | $-116,169,000 |
| Normalized Income | $-11,522,335 | $-2,829,070 |
| Net Income From Continuing And Discontinued Operation | $628,786,000 | $135,684,000 |
| Net Income Common Stockholders | $628,786,000 | $135,684,000 |
| Net Income | $628,786,000 | $135,684,000 |
| Net Income Including Noncontrolling Interests | $628,786,000 | $135,684,000 |
| Net Income Continuous Operations | $628,786,000 | $135,684,000 |
| Pretax Income | $628,986,000 | $135,684,000 |
| Operating Income | $88,239,000 | $76,520,000 |
| Gross Profit | $101,973,000 | $87,232,000 |
| Depreciation Amortization Depletion Income Statement | - | $180,000 |
| Depreciation And Amortization In Income Statement | - | $180,000 |
| Depreciation Income Statement | - | $180,000 |
| Other | ||
| Tax Effect Of Unusual Items | $203,665 | $36,819,930 |
| Tax Rate For Calcs | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $88,474,000 | $76,700,000 |
| Total Unusual Items | $640,512,000 | $175,333,000 |
| Total Unusual Items Excluding Goodwill | $640,512,000 | $175,333,000 |
| Reconciled Depreciation | $235,000 | $180,000 |
| EBITDA (Bullshit earnings) | $728,986,000 | $252,033,000 |
| EBIT | $728,751,000 | $251,853,000 |
| Diluted NI Availto Com Stockholders | $628,786,000 | $135,684,000 |
| Tax Provision | $200,000 | - |
| Gain On Sale Of Security | $640,512,000 | $175,333,000 |
| Selling General And Administration | $13,734,000 | $8,178,000 |
| Other Gand A | $13,734,000 | $2,126,000 |
| Salaries And Wages | - | $5,241,000 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $1,110,490,000 | $0 | $0 | $0 |
| Total Assets | $2,781,763,000 | $2,597,995,000 | $2,274,254,000 | $2,096,268,000 |
| Total Non Current Assets | $2,749,432,000 | $2,565,150,000 | $2,233,372,000 | $2,027,842,000 |
| Other Non Current Assets | $7,927,000 | $5,325,000 | $5,017,000 | $4,934,000 |
| Goodwill And Other Intangible Assets | $2,047,000 | - | - | - |
| Current Assets | $32,331,000 | $32,845,000 | $40,882,000 | $68,426,000 |
| Restricted Cash | $17,915,000 | $7,158,000 | $19,375,000 | $16,630,000 |
| Prepaid Assets | $1,857,000 | $2,044,000 | $1,798,000 | $938,000 |
| Receivables | $6,045,000 | $18,964,000 | $4,894,000 | $16,058,000 |
| Other Receivables | $2,012,000 | $287,000 | $74,000 | $8,348,000 |
| Accounts Receivable | $3,462,000 | $5,482,000 | $2,094,000 | $5,605,000 |
| Allowance For Doubtful Accounts Receivable | $-576,000 | $-2,336,000 | $-1,162,000 | $-221,000 |
| Gross Accounts Receivable | $4,038,000 | $7,818,000 | $3,256,000 | $5,826,000 |
| Cash Cash Equivalents And Short Term Investments | $6,514,000 | $783,000 | $8,609,000 | $9,989,000 |
| Cash And Cash Equivalents | $2,648,000 | $783,000 | $8,609,000 | $9,989,000 |
| Non Current Prepaid Assets | - | $233,000 | $153,000 | $0 |
| Investmentin Financial Assets | - | $233,000 | $153,000 | $0 |
| Other Current Assets | - | $593,000 | $52,000 | - |
| Hedging Assets Current | - | $3,303,000 | $6,154,000 | $24,811,000 |
| Receivables Adjustments Allowances | - | $-2,336,000 | $-1,162,000 | $-221,000 |
| Cash Financial | - | $783,000 | $8,609,000 | $9,989,000 |
| Debt | ||||
| Net Debt | $1,346,662,000 | $1,379,470,000 | $1,361,386,000 | $1,348,462,000 |
| Total Debt | $1,349,310,000 | $1,380,253,000 | $1,369,995,000 | $1,358,451,000 |
| Long Term Debt And Capital Lease Obligation | $1,349,310,000 | $708,932,000 | $557,113,000 | $1,358,451,000 |
| Long Term Debt | $1,349,310,000 | $708,932,000 | $557,113,000 | $1,358,451,000 |
| Current Debt And Capital Lease Obligation | - | $671,321,000 | $812,882,000 | - |
| Current Debt | - | $671,321,000 | $812,882,000 | - |
| Other Current Borrowings | - | $671,321,000 | $812,882,000 | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $1,669,226,000 | $1,899,395,000 | $1,858,666,000 | $1,813,990,000 |
| Total Non Current Liabilities Net Minority Interest | $1,609,521,000 | $1,179,017,000 | $1,012,598,000 | $1,792,427,000 |
| Current Liabilities | $59,705,000 | $720,378,000 | $846,068,000 | $21,563,000 |
| Other Current Liabilities | $1,638,000 | $169,000 | $304,000 | $19,643,000 |
| Current Deferred Liabilities | $15,734,000 | $14,422,000 | $13,320,000 | - |
| Payables And Accrued Expenses | $42,333,000 | $34,466,000 | $19,562,000 | $1,920,000 |
| Interest Payable | $5,001,000 | $5,744,000 | $4,673,000 | - |
| Payables | $24,934,000 | $25,331,000 | $11,070,000 | $1,920,000 |
| Dividends Payable | $2,953,000 | - | - | - |
| Accounts Payable | $5,129,000 | $14,398,000 | $10,481,000 | $1,920,000 |
| Other Non Current Liabilities | - | $470,085,000 | $455,485,000 | $433,976,000 |
| Equity | ||||
| Common Stock Equity | $1,112,537,000 | $698,600,000 | $415,588,000 | $282,278,000 |
| Total Equity Gross Minority Interest | $1,112,537,000 | $698,600,000 | $415,588,000 | $282,278,000 |
| Stockholders Equity | $1,112,537,000 | $0 | $0 | $0 |
| Gains Losses Not Affecting Retained Earnings | $-8,892,000 | - | - | - |
| Other Equity Adjustments | $-8,892,000 | - | - | - |
| Retained Earnings | $677,175,000 | - | - | - |
| Preferred Securities Outside Stock Equity | $260,211,000 | - | - | - |
| Other Equity Interest | - | $698,600,000 | $415,588,000 | $282,278,000 |
| Other | ||||
| Ordinary Shares Number | $33,396,667 | $27,340,000 | $27,340,000 | $27,340,000 |
| Share Issued | $33,396,667 | $27,340,000 | $27,340,000 | $27,340,000 |
| Tangible Book Value | $1,110,490,000 | $698,600,000 | $415,588,000 | $282,278,000 |
| Invested Capital | $2,461,847,000 | $2,078,853,000 | $1,785,583,000 | $1,640,729,000 |
| Working Capital | $-27,374,000 | $-687,533,000 | $-805,186,000 | $46,863,000 |
| Total Capitalization | $2,461,847,000 | $1,407,532,000 | $972,701,000 | $1,640,729,000 |
| Capital Stock | $444,254,000 | - | - | - |
| Common Stock | $444,254,000 | - | - | - |
| Current Deferred Revenue | $15,590,000 | $14,422,000 | $13,320,000 | - |
| Current Accrued Expenses | $17,399,000 | $9,135,000 | $8,492,000 | - |
| Dueto Related Parties Current | $16,852,000 | $10,933,000 | $589,000 | $0 |
| Investment Properties | $2,739,458,000 | $2,558,900,000 | $2,227,550,000 | $2,022,514,000 |
| Duefrom Related Parties Current | $571,000 | $13,195,000 | $2,726,000 | $2,105,000 |
| Other Short Term Investments | $3,866,000 | - | - | - |
| Total Partnership Capital | - | $698,600,000 | $415,588,000 | $282,278,000 |
| Investments And Advances | - | $233,000 | $153,000 | $0 |
| Available For Sale Securities | - | $233,000 | $153,000 | - |
| Net PPE | - | $692,000 | $652,000 | $394,000 |
| Gross PPE | - | $692,000 | $652,000 | $394,000 |
| Machinery Furniture Equipment | - | $692,000 | $652,000 | $394,000 |
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Free Cash Flow | ||
| Free Cash Flow | $99,901,000 | $95,157,000 |
| Operating Activities | ||
| Operating Cash Flow | $105,402,000 | $96,684,000 |
| Cash Flow From Continuing Operating Activities | $105,402,000 | $96,684,000 |
| Operating Gains Losses | $-304,629,000 | $-175,333,000 |
| Investing Activities | ||
| Capital Expenditure | $-5,501,000 | $-1,527,000 |
| Investing Cash Flow | $-12,579,000 | $-12,574,000 |
| Cash Flow From Continuing Investing Activities | $-12,579,000 | $-12,574,000 |
| Capital Expenditure Reported | $-5,501,000 | $-1,527,000 |
| Financing Activities | ||
| Issuance Of Capital Stock | $21,712,000 | $0 |
| Financing Cash Flow | $-100,649,000 | $-85,490,000 |
| Cash Flow From Continuing Financing Activities | $-100,649,000 | $-85,490,000 |
| Net Other Financing Charges | $-16,791,000 | - |
| Cash Dividends Paid | $-30,115,000 | $-16,023,000 |
| Net Common Stock Issuance | $21,712,000 | $0 |
| Common Stock Issuance | $21,712,000 | $0 |
| Other | ||
| Repayment Of Debt | $-143,040,000 | $0 |
| Issuance Of Debt | $146,000,000 | $0 |
| End Cash Position | $783,000 | $8,609,000 |
| Beginning Cash Position | $8,609,000 | $9,989,000 |
| Changes In Cash | $-7,826,000 | $-1,380,000 |
| Interest Paid Cff | $-78,415,000 | $-69,467,000 |
| Net Issuance Payments Of Debt | $2,960,000 | $0 |
| Net Long Term Debt Issuance | $2,960,000 | $0 |
| Long Term Debt Payments | $-143,040,000 | $0 |
| Long Term Debt Issuance | $146,000,000 | $0 |
| Net Investment Properties Purchase And Sale | $-7,078,000 | $-11,047,000 |
| Purchase Of Investment Properties | $-7,078,000 | $-11,047,000 |
| Change In Working Capital | $16,894,000 | $19,042,000 |
| Change In Other Working Capital | $2,944,000 | $-1,740,000 |
| Change In Other Current Liabilities | $1,610,000 | $2,473,000 |
| Change In Other Current Assets | $-623,000 | $-203,000 |
| Change In Payables And Accrued Expense | $18,340,000 | $9,150,000 |
| Change In Payable | $18,340,000 | $9,150,000 |
| Change In Account Payable | $3,917,000 | $8,561,000 |
| Change In Prepaid Assets | $-245,000 | $-861,000 |
| Change In Receivables | $-5,132,000 | $10,223,000 |
| Changes In Account Receivables | $-4,775,000 | $10,843,000 |
| Other Non Cash Items | $123,736,000 | $116,169,000 |
| Unrealized Gain Loss On Investment Securities | $-324,271,000 | $-193,990,000 |
| Provisionand Write Offof Assets | $1,174,000 | $942,000 |
| Depreciation Amortization Depletion | $235,000 | $180,000 |
| Depreciation And Amortization | $235,000 | $180,000 |
| Depreciation | $235,000 | $180,000 |
| Gain Loss On Investment Securities | $-304,629,000 | $-175,333,000 |
| Net Income From Continuing Operations | $267,992,000 | $135,684,000 |