_id

69105cf3ccc777a4e85d588c

Ticker

DRREF

Name

Dream Residential Real Estate Investment Trust

Exchange

PINK

Address

30 Adelaide Street East, Toronto, ON, Canada, M5C 3H1

Country

USA

Sector

Real Estate

Industry

REIT - Residential

Currency

USD

Website

https://www.dreamresidentialreit.ca

Description

Dream Residential Real Estate Investment Trust ("Dream Residential REIT" or the "REIT") is an unincorporated, open-ended real estate investment trust established on February 24, 2022, pursuant to the REIT's Declaration of Trust under the laws of the Province of Ontario. All financial information is reported in U.S. dollars and has been prepared in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board ("IFRS Accounting Standards") unless otherwise noted. The operations of the REIT commenced on May 6, 2022, when it completed its initial public offering ("IPO") of 9,620,000 units of the REIT ("Trust Units") for gross proceeds of $125.1 million or $110.9 million net of underwriter fees and other transaction costs. Net proceeds of the IPO were used to fund the cash component of the purchase price for interests in a portfolio of 16 garden-style, multi-residential properties (the "portfolio" or "Initial Properties") located in the United States consisting of 3,432 units, as well as for general trust purposes. On November 29, 2023, the REIT disposed of an investment property in Wichita, Kansas. As at June 30, 2025, the REIT owns a portfolio of 15 investment properties consisting of 3,300 units in total. The properties target mid-market renters and are primarily located in three attractive markets across the Sunbelt and Midwest markets in the U.S., including the Greater Dallas"Fort Worth region, Greater Oklahoma City region and Greater Cincinnati region, which we refer to as our "Primary Markets".

Last Close

10.71

Volume

-

Current Price

10.71

Change

0

Last Updated

2025-11-19T14:25:11.655Z

Image

-

Ipo Date

-

Market Cap

205818496

Next Dividend Date

-

Dividend Frequency

-

Dividend Rate

-

Dividend Yield

0

Sentiment

0.991

Sentiment Sources

1

Current Quarter

2025-09-30

Revenue

12352000

Cost Of Revenue

4564000

Gross Profit

7788000

Operating Expenses

5902000

Operating Income

6450000

Interest Expense

2302000

Pretax Income

-55538000

Net Income

-55538000

Eps

-2.8196899224491347

Dividends Per Share

0

Shares Outstanding

19696492

Income Tax Expense

-

EBITDA

-

Operating Margin

52.218264248704656

Total Other Income Expense Net

-

Cash

7643000

Short Term Investments

-

Receivables

1426000

Inventories

-

Total Current Assets

10795000

Property Plant Equipment

-

Total Assets

371687000

Payables

187000

Short Term Debt

-

Long Term Debt

41150000

Total Liabilities

198839000

Equity

172848000

Depreciation

-

Change In Working Capital

6548000

Cash From Operations

6278000

Capital Expenditures

0

Cash From Investing

-

Cash From Financing

-3648000

Net Change In Cash

915000

PE

-

PB

1.2204331512079978

ROE

-32.1311209849116

ROA

-14.942142178768695

FCF

6278000

Fcf Percent

0.5082577720207254

Piotroski FScore

2

Health Score

44

Deep Value Investing Score

4.5

Defensive Investing Score

6

Dividend Investing Score

3

Economic Moat Investing Score

5.3

Garp Investing Score

3

Growth Investing Score

3

Momentum Investing Score

3

Net Net Investing Score

4

Quality Investing Score

4

Value Investing Score

5.5

Quarters > 0 > quarter

2025-09-30

Quarters > 0 > income Statement > revenue

12352000

Quarters > 0 > income Statement > cost Of Revenue

4564000

Quarters > 0 > income Statement > gross Profit

7788000

Quarters > 0 > income Statement > operating Expenses

5902000

Quarters > 0 > income Statement > operating Income

6450000

Quarters > 0 > income Statement > interest Expense

2302000

Quarters > 0 > income Statement > pretax Income

-55538000

Quarters > 0 > income Statement > net Income

-55538000

Quarters > 0 > income Statement > eps

-2.8196899224491347

Quarters > 0 > income Statement > dividends Per Share

0

Quarters > 0 > income Statement > shares Outstanding

19696492

Quarters > 0 > income Statement > income Tax Expense

-

Quarters > 0 > income Statement > EBITDA

-

Quarters > 0 > income Statement > operating Margin

52.218264248704656

Quarters > 0 > income Statement > total Other Income Expense Net

-

Quarters > 0 > balance Sheet > cash

7643000

Quarters > 0 > balance Sheet > short Term Investments

-

Quarters > 0 > balance Sheet > receivables

1426000

Quarters > 0 > balance Sheet > inventories

-

Quarters > 0 > balance Sheet > total Current Assets

10795000

Quarters > 0 > balance Sheet > property Plant Equipment

-

Quarters > 0 > balance Sheet > total Assets

371687000

Quarters > 0 > balance Sheet > payables

187000

Quarters > 0 > balance Sheet > short Term Debt

-

Quarters > 0 > balance Sheet > long Term Debt

41150000

Quarters > 0 > balance Sheet > total Liabilities

198839000

Quarters > 0 > balance Sheet > equity

172848000

Quarters > 0 > cash Flow > net Income

-55538000

Quarters > 0 > cash Flow > depreciation

-

Quarters > 0 > cash Flow > change In Working Capital

6548000

Quarters > 0 > cash Flow > cash From Operations

6278000

Quarters > 0 > cash Flow > capital Expenditures

0

Quarters > 0 > cash Flow > cash From Investing

-

Quarters > 0 > cash Flow > cash From Financing

-3648000

Quarters > 0 > cash Flow > net Change In Cash

915000

Quarters > 0 > ratios > PE

-2.8196899224491347

Quarters > 0 > ratios > PB

1.2204331512079978

Quarters > 0 > ratios > ROE

-32.1311209849116

Quarters > 0 > ratios > ROA

-14.942142178768695

Quarters > 0 > ratios > FCF

6278000

Quarters > 0 > ratios > Piotroski FScore

2

Quarters > 0 > ratios > fcf Percent

0.5082577720207254

Quarters > 0 > health Score

44

Quarters > 1 > quarter

2025-06-30

Quarters > 1 > income Statement > revenue

12388000

Quarters > 1 > income Statement > cost Of Revenue

4207000

Quarters > 1 > income Statement > gross Profit

8181000

Quarters > 1 > income Statement > operating Expenses

1076000

Quarters > 1 > income Statement > operating Income

7105000

Quarters > 1 > income Statement > interest Expense

2269000

Quarters > 1 > income Statement > pretax Income

843000

Quarters > 1 > income Statement > net Income

843000

Quarters > 1 > income Statement > eps

0.0427994995250931

Quarters > 1 > income Statement > dividends Per Share

0

Quarters > 1 > income Statement > shares Outstanding

19696492

Quarters > 1 > income Statement > income Tax Expense

-

Quarters > 1 > income Statement > EBITDA

3112000

Quarters > 1 > income Statement > operating Margin

57.353890862124636

Quarters > 1 > income Statement > total Other Income Expense Net

-

Quarters > 1 > balance Sheet > cash

6728000

Quarters > 1 > balance Sheet > short Term Investments

-

Quarters > 1 > balance Sheet > receivables

1508000

Quarters > 1 > balance Sheet > inventories

-

Quarters > 1 > balance Sheet > total Current Assets

10628000

Quarters > 1 > balance Sheet > property Plant Equipment

-

Quarters > 1 > balance Sheet > total Assets

410161000

Quarters > 1 > balance Sheet > payables

685000

Quarters > 1 > balance Sheet > short Term Debt

59000

Quarters > 1 > balance Sheet > long Term Debt

140310000

Quarters > 1 > balance Sheet > total Liabilities

180095000

Quarters > 1 > balance Sheet > equity

230066000

Quarters > 1 > cash Flow > net Income

843000

Quarters > 1 > cash Flow > depreciation

-

Quarters > 1 > cash Flow > change In Working Capital

-2855000

Quarters > 1 > cash Flow > cash From Operations

3942000

Quarters > 1 > cash Flow > capital Expenditures

0

Quarters > 1 > cash Flow > cash From Investing

-930000

Quarters > 1 > cash Flow > cash From Financing

-2635000

Quarters > 1 > cash Flow > net Change In Cash

377000

Quarters > 1 > ratios > PE

0.0427994995250931

Quarters > 1 > ratios > PB

0.916908319004112

Quarters > 1 > ratios > ROE

0.36641659349925676

Quarters > 1 > ratios > ROA

0.20552904834930671

Quarters > 1 > ratios > FCF

3942000

Quarters > 1 > ratios > Piotroski FScore

4

Quarters > 1 > ratios > fcf Percent

0.3182111721020342

Quarters > 1 > health Score

65

Quarters > 2 > quarter

2025-03-31

Quarters > 2 > income Statement > revenue

12050000

Quarters > 2 > income Statement > cost Of Revenue

5814000

Quarters > 2 > income Statement > gross Profit

6236000

Quarters > 2 > income Statement > operating Expenses

910000

Quarters > 2 > income Statement > operating Income

5326000

Quarters > 2 > income Statement > interest Expense

2223000

Quarters > 2 > income Statement > pretax Income

-8051000

Quarters > 2 > income Statement > net Income

-8051000

Quarters > 2 > income Statement > eps

-0.4051429146537842

Quarters > 2 > income Statement > dividends Per Share

1678000

Quarters > 2 > income Statement > shares Outstanding

19872000

Quarters > 2 > income Statement > income Tax Expense

-

Quarters > 2 > income Statement > EBITDA

-5828000

Quarters > 2 > income Statement > operating Margin

44.19917012448133

Quarters > 2 > income Statement > total Other Income Expense Net

-

Quarters > 2 > balance Sheet > cash

6351000

Quarters > 2 > balance Sheet > short Term Investments

-

Quarters > 2 > balance Sheet > receivables

1718000

Quarters > 2 > balance Sheet > inventories

-

Quarters > 2 > balance Sheet > total Current Assets

8700000

Quarters > 2 > balance Sheet > property Plant Equipment

-

Quarters > 2 > balance Sheet > total Assets

408684000

Quarters > 2 > balance Sheet > payables

179000

Quarters > 2 > balance Sheet > short Term Debt

39000

Quarters > 2 > balance Sheet > long Term Debt

139070000

Quarters > 2 > balance Sheet > total Liabilities

177781000

Quarters > 2 > balance Sheet > equity

230903000

Quarters > 2 > cash Flow > net Income

-8051000

Quarters > 2 > cash Flow > depreciation

-

Quarters > 2 > cash Flow > change In Working Capital

756000

Quarters > 2 > cash Flow > cash From Operations

6238000

Quarters > 2 > cash Flow > capital Expenditures

0

Quarters > 2 > cash Flow > cash From Investing

-1692000

Quarters > 2 > cash Flow > cash From Financing

-3577000

Quarters > 2 > cash Flow > net Change In Cash

969000

Quarters > 2 > ratios > PE

-0.4051429146537842

Quarters > 2 > ratios > PB

0.9217252266103083

Quarters > 2 > ratios > ROE

-3.486745516515593

Quarters > 2 > ratios > ROA

-1.9699816973505202

Quarters > 2 > ratios > FCF

6238000

Quarters > 2 > ratios > Piotroski FScore

2

Quarters > 2 > ratios > fcf Percent

0.5176763485477178

Quarters > 2 > health Score

49

Quarters > 3 > quarter

2024-12-31

Quarters > 3 > income Statement > revenue

11884000

Quarters > 3 > income Statement > cost Of Revenue

9152000

Quarters > 3 > income Statement > gross Profit

2732000

Quarters > 3 > income Statement > operating Expenses

1025000

Quarters > 3 > income Statement > operating Income

1707000

Quarters > 3 > income Statement > interest Expense

1654000

Quarters > 3 > income Statement > pretax Income

4218000

Quarters > 3 > income Statement > net Income

4218000

Quarters > 3 > income Statement > eps

0.26458234159386834

Quarters > 3 > income Statement > dividends Per Share

1679000

Quarters > 3 > income Statement > shares Outstanding

15942107

Quarters > 3 > income Statement > income Tax Expense

-

Quarters > 3 > income Statement > EBITDA

5872000

Quarters > 3 > income Statement > operating Margin

14.363850555368563

Quarters > 3 > income Statement > total Other Income Expense Net

-

Quarters > 3 > balance Sheet > cash

5382000

Quarters > 3 > balance Sheet > short Term Investments

-

Quarters > 3 > balance Sheet > receivables

1778000

Quarters > 3 > balance Sheet > inventories

-

Quarters > 3 > balance Sheet > total Current Assets

8427000

Quarters > 3 > balance Sheet > property Plant Equipment

-

Quarters > 3 > balance Sheet > total Assets

409664000

Quarters > 3 > balance Sheet > payables

162000

Quarters > 3 > balance Sheet > short Term Debt

19000

Quarters > 3 > balance Sheet > long Term Debt

138835000

Quarters > 3 > balance Sheet > total Liabilities

169175000

Quarters > 3 > balance Sheet > equity

240489000

Quarters > 3 > cash Flow > net Income

4218000

Quarters > 3 > cash Flow > depreciation

-

Quarters > 3 > cash Flow > change In Working Capital

1670000

Quarters > 3 > cash Flow > cash From Operations

3509000

Quarters > 3 > cash Flow > capital Expenditures

0

Quarters > 3 > cash Flow > cash From Investing

-2298000

Quarters > 3 > cash Flow > cash From Financing

-3530000

Quarters > 3 > cash Flow > net Change In Cash

-2319000

Quarters > 3 > ratios > PE

0.26458234159386834

Quarters > 3 > ratios > PB

0.709969961079301

Quarters > 3 > ratios > ROE

1.753926375010915

Quarters > 3 > ratios > ROA

1.0296242774566473

Quarters > 3 > ratios > FCF

3509000

Quarters > 3 > ratios > Piotroski FScore

3

Quarters > 3 > ratios > fcf Percent

0.2952709525412319

Quarters > 3 > health Score

66

Valuation > metrics > PE

-2.8196899224491347

Valuation > metrics > PB

1.2204331512079978

Valuation > final Score

80

Valuation > verdict

Fair

Profitability > metrics > ROE

-32.1311209849116

Profitability > metrics > ROA

-514.4789254284391

Profitability > metrics > Net Margin

-4.496275906735751

Profitability > final Score

0

Profitability > verdict

Weak

Risk > metrics > Debt Equity

1.1503691104322873

Risk > metrics > Interest Coverage

2.801911381407472

Risk > final Score

41

Risk > verdict

High

Liquidity > metrics > Current Ratio

57.72727272727273

Liquidity > metrics > Quick Ratio

57.72727272727273

Liquidity > final Score

100

Liquidity > verdict

Great

Prev Valuations > 0

90

Prev Valuations > 1

70

Prev Valuations > 2

90

Prev Profitabilities > 0

35

Prev Profitabilities > 1

0

Prev Profitabilities > 2

64

Prev Risks > 0

61

Prev Risks > 1

58

Prev Risks > 2

52

Prev Liquidities > 0

100

Prev Liquidities > 1

100

Prev Liquidities > 2

100

Updated At

2026-01-20T21:43:41.902Z