Waypoint REIT Ltd (ASX:WPR)

Full Year 2025 Waypoint REIT Ltd Earnings Call Transcript

Feb 25, 2026 / 11:00 PM GMT

Release Date Price: A$2.48 (-0.40%)

Transcript

Key Points

Positve

Distributable EPS increased by 1% to $0.64, in line with upgraded guidance.
Net Tangible Assets (NTA) rose by 5% to $2.90 per security.
Successful completion of a $50 million buyback at an average price 10% below NTA.
Rental income grew by 2%, supported by like-for-like rental growth of 3%.
High tenant retention rate of 97% with a rental uplift of 11.7% on renewed leases.

Negative

Distributable earnings were modestly lower due to non-core asset sales and higher debt costs.
Operating expenses increased, driven by higher property-related costs.
Interest expenses rose in line with the weighted average cost of debt.
The portfolio is approximately 6% over-rented, with concentration in later years.
Caution in the market due to potential rate increases, impacting secondary asset demand.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

WPR.AX - Waypoint REIT Ltd
Full Year 2025 Waypoint REIT Ltd Earnings Call
Feb 25, 2026 / 11:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Thank you for standing by.

And welcome to the Waypoint Re FY25 results webcast.

All participants are in the listen-only mode.

There will be a presentation followed by a question-and-answer session.

If you wish to ask a question, you will need to press the star key followed by the number one on your telephone keypad.

I would now like to hand the conference over to Mr. Hayden Stevens, managing director, and CEO.

Please go ahead.

Good morning everyone, and thanks for joining us on the call today.

A snapshot of the 2025 financial year is provided on page 6 of the presentation.

Adeci will take you through the financials and capital management in a bit

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.