XETRA · Real Estate
Invest in The Grounds Real Estate Development stock from India
Indian and foreign residents can buy The Grounds Real Estate Development (AMM) shares directly through Paasa.
By Paasa · Updated
The Grounds Real Estate Development at a glance
- Price
- €0.33-€0.02 (5.71%)
- Market cap
- €8.16M
- Day range
- €0.33 – €0.33
- P/E
- -0.42
- Dividend yield
- None
- Volume
- 2.53K
- 1 month
- +43.48%
- 6 months
- -52.86%
- YTD
- -59.51%
- 1 year
- -70.00%
- 5 years
- -92.63%
The Grounds Real Estate Development statements, FY2019–FY2023
| Fiscal year | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | €23.9M | €36.8M | €31.6M | €31.3M | €13.9M |
| Gross profit | €2.1M | €3.5M | €8.5M | €5.0M | €2.8M |
| Operating income | −€4.0M | €3.6M | €8.4M | €6.0M | €1.9M |
| Net income | −€7.0M | €1.2M | €4.9M | €3.6M | €2.3K |
| Earnings per share | −€0.78 | €0.13 | €0.56 | €0.44 | €0.00 |
| EBITDA | −€4.4M | €4.3M | €9.4M | €6.1M | €2.1M |
| Total assets | €147.8M | €138.3M | €102.9M | €87.4M | €32.4M |
| Total debt | €100.2M | €80.5M | €61.2M | €49.8M | €12.8M |
| Cash and short-term investments | €3.0M | €2.3M | €2.4M | €623.1K | €1.3M |
| Shareholders' equity | €19.0M | €26.2M | €24.7M | €18.5M | €11.0M |
| Operating cash flow | −€14.9M | −€14.8M | €4.6M | −€24.7M | €11.3M |
| Free cash flow | −€14.9M | −€14.9M | €4.5M | −€24.8M | €11.3M |
| Capital expenditure | −€31.0K | −€47.0K | −€175.0K | −€128.3K | −€2.2K |
Fiscal years as reported, the latest ending 31 Dec 2023. Figures in EUR; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Publity | PBY.DE | €2.00 | €22.31M |
| As Vef | UIJ.MU | €4.54 | €8.83M |
| CR Energy | CRZK.DE | €0.35 | €8.32M |
| ACCENTRO Real Estate | A4Y.DE | €0.16 | €7.07M |
| EYEMAXX Real Estate | BNT1.DE | €0.59 | €4.41M |
| MBH | M8H.DE | €0.04 | €4.40M |
| PREOS Global Office Real Estate & Technology | PAG.DE | €0.02 | €2.27M |
| Coreo | CORE.DE | €0.30 | €672.05K |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in The Grounds Real Estate Development from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to EUR when you buy.
Step 3
Search AMM and buy
Find The Grounds Real Estate Development by name or by its ticker, AMM, and place your order.
Why invest in The Grounds Real Estate Development from India
What The Grounds Real Estate Development does
Established in 2007 and headquartered in Berlin, The Grounds Real Estate Development AG is a German property firm that specializes in the comprehensive development, management, leasing, and sale of residential properties throughout the country. The Grounds Real Estate Development operates in the Real Estate - Development industry within the Real Estate sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy The Grounds Real Estate Development stock from India?
Yes. Indian residents and NRIs can buy The Grounds Real Estate Development (AMM) shares directly through Paasa. The Grounds Real Estate Development is listed on XETRA, in the Real Estate - Development industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell The Grounds Real Estate Development shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the EUR/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.