Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Non-Executive Director Jack Callaway was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. お知らせ • Feb 11
Foxtons Group plc Announces Retirement of Rosie Shapland as Senior Independent Director Foxtons Group PLC announced that Rosie Shapland, Senior Independent Director and Chair of the Audit Committee, will retire as a Director of the Company following the publication of the Company's Interim Results for the year ending December 31, 2026. Rosie Shapland significantly contributed to the Company over the last six years. お知らせ • Jan 22
Foxtons Group plc (LSE:FOXT) acquired FLEETMILNE (BIRMINGHAM) LIMITED for £4.5 million. Foxtons Group plc (LSE:FOXT) acquired FLEETMILNE (BIRMINGHAM) LIMITED for £4.5 million on January 21, 2026. A cash consideration of £3.2 million will be paid by Foxtons Group plc. Foxtons Group plc will pay an earnout/contingent payment of £0.8 million cash. The initial consideration of £3.2 million, with a further £0.8 million deferred for 12 months and contingent on performance targets being met. Up to £0.5 million of further contingent consideration may be payable, subject to the successful delivery of new recurring revenues from specified Build-to-Rent developments. The acquisition is funded from the Group's existing revolving credit facility. In addition, FleetMilne will become Foxtons' hub in Birmingham.
For the period ending September 30, 2025, FLEETMILNE (BIRMINGHAM) LIMITED reported total revenue of £1.5 million. The directors of FleetMilne will remain with the business post-acquisition to lead the next stage of growth under Foxtons' ownership.
The acquisition is expected to be accretive to the Group's earnings from 2026 onwards. Over the medium-term the Group is targeting a total return on investment of 20% in Birmingham, in line with its disciplined return targets.
George Thresh, Victoria Sunley, and Alex Judd of Buzzacott LLP acted as financial and tax due diligence providers for Foxtons Group plc.
Foxtons Group plc (LSE:FOXT) completed the acquisition of FLEETMILNE (BIRMINGHAM) LIMITED on January 21, 2026. お知らせ • Jan 17
Foxtons Group plc (LSE:FOXT) acquired Cauldwell Property Services Ltd for an enterprise value of £6.5 million. Foxtons Group plc (LSE:FOXT) acquired Cauldwell Property Services Ltd for an enterprise value of £6.5 million on January 7, 2026. The total enterprise value of £6.5 million on a cash and debt-free basis, of which £0.8 million is deferred for 12 months and contingent on performance targets being met.
For the period ending November 30, 2025, Cauldwell Property Services Ltd reported unaudited total revenue of £3.1 million and EBIT of £0.8 million.
Foxtons Group plc (LSE:FOXT) completed the acquisition of Cauldwell Property Services Ltd on January 7, 2026. お知らせ • Oct 24
Foxtons Group plc Provides Earnings Guidance for Fourth Quarter 2025 Foxtons Group plc provided earnings guidance for fourth quarter 2025. Sales is likely to remain subdued for the rest of the year, in particular in the run up to the delayed Autumn Budget which is creating additional market uncertainty and making it more challenging than usual to accurately predict Fourth Quarter Sales revenue. As a consequence, there is a risk that Fourth Quarter Sales revenue falls below management's expectations. Despite the current weakness in the sales market, there are encouraging signs for medium-term growth across the Group. The Group's strategic focus on Lettings continues to provide a stable and resilient earnings base and provides both organic and acquisitive growth opportunities. Sales market conditions are expected to improve, driven by greater clarity from the Autumn Budget and the potential for interest rate cuts. With rebuilt operational capabilities, the Group is well positioned to maximise returns as volumes recover. お知らせ • Sep 09
Foxtons Group plc (LSE:FOXT) commences an Equity Buyback Plan for 30,390,561 shares, representing 10.15% of its issued share capital, under the authorization approved on May 7, 2025. Foxtons Group plc (LSE:FOXT) commences a share repurchases on September 8, 2025, under the program mandated by shareholders in the Annual General Meeting held on May 7, 2025. As per the mandate, the company is authorized to repurchase up to 30,390,561 shares, representing 10.15% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.01 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average closing middle market quotations for an Ordinary Share as derived from the London Stock Exchange Daily Official List for the five business days immediately preceding the date on which the Ordinary Share is purchased and the higher of the price of the last independent trade and the highest current independent bid for an Ordinary Share on the trading venue where the purchase is carried out. The repurchased shares will either be cancelled or held in treasury. The authorization will be valid till the Annual General Meeting of the company in 2026 or June 30, 2026, if earlier. As of May 2, 2025, the company had 325,357,668 issued shares including 26,005,873 treasury shares. お知らせ • Jul 31
Foxtons Group plc Declares an Interim Dividend, Payable on September 15, 2025 Foxtons Group plc declared an interim dividend of 0.24 pence per share (2024: interim dividend of 0.22 pence per share) under the Group's progressive dividend policy. Payment will be made on 15 September 2025 to shareholders on the register at close of business on 8 August 2025. The shares will be quoted ex-dividend on 7 August 2025. The Company operates a Dividend Reinvestment Plan ("DRIP"), which is managed by its registrar, MUFG Corporate Markets. For shareholders who wish to receive their dividend in the form of shares, the deadline to elect for the DRIP is 22 August 2025. お知らせ • May 09
Foxtons Group plc Approves Final Dividend Foxtons Group plc at its AGM held on May 7, 2025, approved proposed final dividend of 0.95 pence per ordinary share. お知らせ • Apr 10
Foxtons Group plc (LSE:FOXT) commences an Equity Buyback Plan for 30,129,498 shares, representing 10% of its issued share capital, under the authorization approved on May 7, 2024. Foxtons Group plc (LSE:FOXT) commences a share repurchases on April 8, 2025, under the program mandated by shareholders in the Annual General Meeting held on May 7, 2024. As per the mandate, the company is authorized to repurchase up to 30,129,498 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.01 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average closing middle market quotations for an Ordinary Share as derived from the London Stock Exchange Daily Official List for the five business days immediately preceding the date on which the Ordinary Share is purchased and the higher of the price of the last independent trade and the highest current independent bid for an Ordinary Share on the trading venue where the purchase is carried out. The repurchased shares will either be cancelled or held in treasury. The authorization will be valid till the Annual General Meeting of the company in 2025 or June 30, 2025, if earlier. As of March 26, 2024, the company had 330,097,758 issued shares including 28,802,778 treasury shares. お知らせ • Mar 06
Foxtons Group plc, Annual General Meeting, May 07, 2025 Foxtons Group plc, Annual General Meeting, May 07, 2025. Board Change • Dec 30
High number of new directors Independent Non-Executive Director Jack Callaway was the last director to join the board, commencing their role in 2023. お知らせ • Oct 29
Foxtons Group plc (LSE:FOXT) acquired Imagine Property Group Limited for £6 million. Foxtons Group plc (LSE:FOXT) acquired Imagine Property Group Limited for £6 million on October 29, 2024. Foxtons paid initial consideration for the acquisition, on a cash and debt free basis, is £5 million, with £1 million deferred and contingent on the delivery of performance targets. In related transaction, Haslams Estate Agents (Thames Valley) Limited. The Acquisitions will be funded using the Group's £30 million revolving credit facility which has the option to be extended to £40 million subject to bank approval. Foxtons Group acquired Imagine's unaudited total revenue and operating profit for the 12 months ended 31 March 2024 was £3.3 million and £0.5 million respectively.
Foxtons Group plc (LSE:FOXT) completed the acquisition of Imagine Property Group Limited on October 29, 2024. Reported Earnings • Aug 05
First half 2024 earnings released: EPS: UK£0.019 (vs UK£0.014 in 1H 2023) First half 2024 results: EPS: UK£0.019 (up from UK£0.014 in 1H 2023). Revenue: UK£78.5m (up 11% from 1H 2023). Net income: UK£5.89m (up 43% from 1H 2023). Profit margin: 7.5% (up from 5.8% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 16% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Declared Dividend • Aug 02
First half dividend of UK£0.0022 announced Shareholders will receive a dividend of UK£0.0022. Ex-date: 8th August 2024 Payment date: 16th September 2024 Dividend yield will be 1.3%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 124% over the next 3 years, which should provide support to the dividend and adequate earnings cover. お知らせ • Jul 30
Foxtons Group plc Declares Interim Dividend, Payable on 16 September 2024 Foxtons Group plc has declared an interim dividend of 0.22 pence per share (2023: interim dividend of 0.20 pence per share). Payment will be made on 16 September 2024 to shareholders on the register at close of business on 9 August 2024. Reported Earnings • Mar 05
Full year 2023 earnings released: EPS: UK£0.018 (vs UK£0.03 in FY 2022) Full year 2023 results: EPS: UK£0.018 (down from UK£0.03 in FY 2022). Revenue: UK£147.1m (up 4.8% from FY 2022). Net income: UK£5.49m (down 43% from FY 2022). Profit margin: 3.7% (down from 6.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. New Risk • Feb 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. お知らせ • Nov 08
Foxtons Group plc (LSE:FOXT) acquired ludlowthompson.com Ltd from private individual shareholders for £10 million. Foxtons Group plc (LSE:FOXT) acquired ludlowthompson.com Ltd from private individual shareholders for £10 million on November 7, 2023. The purchase consideration is on a cash and debt free basis. Of this total consideration, 1.5 million is deferred for a period of 12 months subject to the business delivering against certain performance targets. The acquisition will be funded through the Group's existing cash resources and existing 20m revolving credit facility. For FY ended 2022, Ludlow had revenues of £7.3 million and profit after tax of £0.1 million.
Foxtons Group plc (LSE:FOXT) completed the acquisition of ludlowthompson.com Ltd from private individual shareholders on November 7, 2023. お知らせ • Oct 27
Foxtons Group plc Provides Earnings Guidance for the Fourth Quarter, Full Year 2023 and First Quarter of 2024 Foxtons Group plc provided earnings guidance for the fourth quarter, full year 2023 and first quarter of 2024. Fourth quarter, in Sales, revenue is expected to be lower than the prior year comparative, market share gains mean the adverse variance versus fourth quarter of 2022 should reduce compared to previous quarters. Furthermore, with mortgage rates beginning to stabilise, fourth quarter of 2023 buyer demand will outpace fourth quarter of 2022 levels, which was heavily impacted by the September 2022 mini-budget.Overall, full year earnings are expected to be in-line with consensus.As a result, the company expected the 31 December 2023 under-offer pipeline to be significantly higher than the prior year, which will drive year-on-year revenue growth in the first quarter of 2024. Reported Earnings • Jul 30
First half 2023 earnings released: EPS: UK£0.014 (vs UK£0.009 in 1H 2022) First half 2023 results: EPS: UK£0.014 (up from UK£0.009 in 1H 2022). Revenue: UK£70.9m (up 9.0% from 1H 2022). Net income: UK£4.12m (up 42% from 1H 2022). Profit margin: 5.8% (up from 4.5% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. お知らせ • Jul 28
Foxtons Group plc Declares an Interim Dividend, Payable on 12 September 2023 The board of Foxtons Group plc has declared an interim dividend of 0.2 pence per share (2022: interim dividend of 0.2 pence per share). Payment will be made on 12 September 2023 to shareholders on the register at close of business on 4 August 2023. The shares will be quoted ex-dividend on 3 August 2023. お知らせ • May 10
Foxtons Group plc Declares Final Dividend in Respect of the Financial Year Ended 31 December 2022 Foxtons Group plc at its AGM held on 9 May 2023 declared final dividend of 0.7 pence per ordinary share in respect of the financial year ended 31 December 2022. Board Change • Mar 31
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Jack Callaway was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 12
Independent Chairman recently bought €119k worth of stock On the 7th of March, Nigel Sutherland Rich bought around 250k shares on-market at roughly €0.48 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Nigel has been a buyer over the last 12 months, purchasing a net total of €302k worth in shares. Reported Earnings • Mar 08
Full year 2022 earnings released: EPS: UK£0.03 (vs UK£0.004 loss in FY 2021) Full year 2022 results: EPS: UK£0.03 (up from UK£0.004 loss in FY 2021). Revenue: UK£140.3m (up 11% from FY 2021). Net income: UK£9.56m (up UK£10.9m from FY 2021). Profit margin: 6.8% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 14% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. お知らせ • Jan 28
Foxtons Group plc Announces Board Changes Foxtons Group plc announced the appointments of Ms. Annette Andrews and Mr. Jack Callaway as Non-Executive Directors of the company with effect from 1 February 2023. Ms. Andrews will also be appointed as Chair of the Remuneration Committee and Chair of the Environmental, Social and Governance Committee with effect from the close of the 2023 AGM. As previously advised, these appointments support internal succession planning with the departure of Alan Giles and Sheena Mackay, both of whom will be stepping down at the AGM in 2023. Annette brings substantial HR and people expertise to the Board after a career of 30 years in senior HR roles and has designed, implemented and overseen a number of compensation regimes in both regulated and commercial businesses. Annette is currently Chair of the Remuneration Committee at finnCap Group PLC. Jack is an experienced financial services executive with over 30 years of investment banking, mergers and acquisitions, and financing experience. Heserved previously as Chairman of Barclays Telecom, Media and Technology Investment Banking business and was most recently a Non-Executive Director of Euromoney Institutional Investor PLC. At the date of this announcement, Annette Andrews is a Non-Executive Director and Chair of the Remuneration Committee of finnCap Group PLC and Founder and Sole Director of Acaria Coaching & Consulting Ltd. お知らせ • Jan 10
Foxtons Group plc to Report Fiscal Year 2022 Results on Mar 07, 2023 Foxtons Group plc announced that they will report fiscal year 2022 results on Mar 07, 2023 Buying Opportunity • Dec 13
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be €0.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 10% in 2 years. Earnings is forecast to grow by 92% in the next 2 years. Buying Opportunity • Nov 26
Now 26% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be €0.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 10% in 2 years. Earnings is forecast to grow by 92% in the next 2 years. お知らせ • Nov 24
Foxtons Group plc Announces Alan Giles and Sheena Mackay Not Stand for Re-Election At the 2023 AGM Foxtons Group plc announced that Alan Giles and Sheena Mackay have decided they will not stand for re-election at the 2023 AGM. Buying Opportunity • Nov 10
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 23%. The fair value is estimated to be €0.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 10% in 2 years. Earnings is forecast to grow by 92% in the next 2 years. お知らせ • Nov 03
Foxtons Group plc (LSE:FOXT) commences an Equity Buyback for 9.61% of its issued share capital, under the authorization approved on June 15, 2022. Foxtons Group plc (LSE:FOXT) commences share repurchases on November 2, 2022, under the program mandated by the shareholders in the Annual General Meeting held on June 15, 2022. As per the mandate, the company is authorized to repurchase up to 31,731,559 shares, representing 9.61% of its issued share capital. The maximum price which may be paid for an ordinary share is an amount equal to 105% of the average closing middle market quotations for the ordinary shares taken from the London Stock Exchange Daily Official List for five business days immediately preceding the day on which that share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade and the highest current independent bid on the trading venues where the purchase is carried out. The minimum price which may be paid for an ordinary share is £0.01 per share. The repurchased shares will be cancelled or held as treasury shares for future resale or reissue. The program will be valid till the next Annual General Meeting in 2023, or June 30, 2023, whichever is earlier. As at March 30, 2022, the company had 330,097,758 issued shares and 12,782,164 treasury shares. Reported Earnings • Jul 29
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up UK£3.88m from 1H 2021). Profit margin: (up from net loss in 1H 2021). The move to profitability was driven by lower expenses. Over the next year, revenue is forecast to grow 5.3% compared to a 44% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. お知らせ • Jul 28
Foxtons Group plc Declares Interim Dividend, Payable in September 2022 Foxtons Group plc announced that for 2022, the Board has declared an interim dividend of 0.20 pence (2021: 0.18 pence) per ordinary share to be paid in September 2022. お知らせ • Jun 25
Foxtons Group plc to Report Q2, 2022 Results on Jul 28, 2022 Foxtons Group plc announced that they will report Q2, 2022 results on Jul 28, 2022 Recent Insider Transactions • Jun 03
Independent Chairman recently bought €64k worth of stock On the 30th of May, Nigel Sutherland Rich bought around 140k shares on-market at roughly €0.45 per share. This was the largest purchase by an insider in the last 3 months. Nigel has been a buyer over the last 12 months, purchasing a net total of €153k worth in shares. お知らせ • May 31
Foxtons Appoints Guy Gittins as Group Ceo, Effective 5 September 2022 Foxtons Group plc announced that Guy Gittins has been appointed Group CEO with effect from 5 September 2022. He joins Foxtons from Chestertons, the London and international residential property specialist, where he is currently Chief Executive, and replaces Nic Budden, who has stepped down from the CEO role he has held since 2014. Guy has significant sector and leadership experience. Since his 2018 appointment as Chief Executive of Chestertons, he has exponentially grown EBITDA, and transformed the business into a technology led, performance focused business, winning market share; increasing sales in each year; and significantly growing the lettings business both via acquisition and organically. Guy started his early career at Foxtons, leaving in 2007 to become Sales and Marketing Director for Peter de Savary. In May 2010 he joined Savills, before moving to Chestertons in 2012, as head of their Chelsea office. Peter Rollings, currently a Non-Executive Director and former Managing Director of Foxtons, will act as interim CEO with immediate effect until Guy takes up his appointment. Peter is a highly experienced industry figure who was CEO of Marsh & Parsons from 2005 to 2016. お知らせ • May 27
Foxtons Group plc (LSE:FOXT) acquired IMM Properties Ltd/Stones Residential (Stanmore) Holdings Ltd for £10.55 million. Foxtons Group plc (LSE:FOXT) acquired IMM Properties Ltd/Stones Residential (Stanmore) Holdings Ltd for £10.55 million on May 26, 2022.
Foxtons Group plc (LSE:FOXT) completed the acquisition of IMM Properties Ltd/Stones Residential (Stanmore) Holdings Ltd on May 26, 2022. Reported Earnings • Apr 03
Full year 2021 earnings released: UK£0.004 loss per share (vs UK£0.01 loss in FY 2020) Full year 2021 results: UK£0.004 loss per share (up from UK£0.01 loss in FY 2020). Revenue: UK£126.5m (up 35% from FY 2020). Net loss: UK£1.34m (loss narrowed 58% from FY 2020). Over the next year, revenue is forecast to grow 3.9% compared to a 34% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. お知らせ • Apr 01
Foxtons Group plc Announces Board Changes Foxtons Group plc announces that Patrick Franco, COO, will step down from the Board on 1 April 2022. He will leave the Company to take up the role of Vice Chairman of Global Heritage Fund, where he has served on the Board for nearly a decade. The Foxtons COO duties will be assumed by the CEO, Nic Budden. Further to the announcement by the Company on 21 December 2021, with effect from April 1, 2022, Chris Hough joins the Board as CFO and a Director of the Company. Recent Insider Transactions • Mar 11
Chairman recently bought €60k worth of stock On the 9th of March, Nigel Sutherland Rich bought around 150k shares on-market at roughly €0.40 per share. This was the largest purchase by an insider in the last 3 months. Nigel has been a buyer over the last 12 months, purchasing a net total of €74k worth in shares. Reported Earnings • Mar 03
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: UK£0.004 loss per share (up from UK£0.01 loss in FY 2020). Revenue: UK£126.5m (up 35% from FY 2020). Net loss: UK£1.34m (loss narrowed 58% from FY 2020). Revenue exceeded analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 2.6% compared to a 27% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. お知らせ • Mar 03
Foxtons Group plc Proposes Final Dividend, Payable on 24 June 2022 Foxtons Group plc decided to pay a final dividend of 0.27 pence per share, making a total in respect of 2021 of 0.45 pence per share, under policy of returning 35% to 40% of profit after tax (excluding one-off non-cash items) in ordinary dividends. The dividend will be paid, subject to shareholder approval at the AGM, on 24 June 2022 to shareholders on the register at 13 May 2022. お知らせ • Jan 27
Foxtons Group plc Announces Earnings Guidance for the Year 2022 Foxtons Group plc announced that the D&G lettings business is expected to deliver operating profit of around £4 million in 2022, an increase of over £2 million on the operating profit contributed by the whole D&G business in 2021. Breakeven Date Change • Dec 31
Forecast breakeven date pushed back to 2022 The 3 analysts covering Foxtons Group previously expected the company to break even in 2021. New consensus forecast suggests the company will make a profit of UK£6.87m in 2022. Average annual earnings growth of 80% is required to achieve expected profit on schedule. Executive Departure • Oct 12
Independent Chairman Ian Barlow has left the company On the 1st of October, Ian Barlow's tenure as Independent Chairman ended after 8.1 years in the role. As of June 2021, Ian still personally held 380.49k shares (€251k worth at the time). Ian is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 7.00 years. Breakeven Date Change • Sep 23
Forecast to breakeven in 2021 The 3 analysts covering Foxtons Group expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of UK£3.45m in 2021. Earnings growth of 75% is required to achieve expected profit on schedule. お知らせ • Aug 05
Foxtons Group plc (LSE:FOXT) commences an Equity Buyback Plan for 32,651,401 shares, representing 9.89% of its issued share capital, under the authorization approved on April 22, 2021. Foxtons Group PLC (LSE:FOXT) commences share repurchases on August 3, 2021, under the program mandated by the shareholders in the Annual General Meeting held on April 22, 2021. As per the mandate, the company is authorized to repurchase up to 32,651,401 ordinary shares, representing 9.89% of its issued share capital. The price that may be paid by the company for any of its ordinary shares shall not be less than £0.01, being the nominal value of each ordinary share, and shall not be greater than 105% of the average trading price of the ordinary shares as derived from the middle market quotations for an ordinary share on the London Stock Exchange Daily Official List for the five trading days immediately preceding the date on which a share is contracted to be purchased. The share repurchase program shall expire at the earliest of the conclusion of the next Annual General Meeting in 2022 or on June 30, 2022. As of April 20, 2021, the company had 330,097,758 ordinary shares in issue and holds 4,833,745 share in treasury.
On July 29, 2021, the company announced £3 million buyback. Reported Earnings • Aug 03
First half 2021 earnings released: UK£0.012 loss per share (vs UK£0.018 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: UK£66.9m (up 66% from 1H 2020). Net loss: UK£3.88m (loss narrowed 29% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 30
Full year 2020 earnings released: UK£0.01 loss per share (vs UK£0.028 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: UK£93.6m (down 13% from FY 2019). Net loss: UK£3.19m (loss narrowed 59% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 11
Full year 2020 earnings released: UK£0.01 loss per share (vs UK£0.028 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: UK£93.6m (down 13% from FY 2019). Net loss: UK£3.19m (loss narrowed 59% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Mar 11
Revenue beats expectations Revenue exceeded analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 34% compared to a 33% decline forecast for the Real Estate industry in Germany. お知らせ • Mar 04
Foxtons Group plc (LSE:FOXT) acquired Douglas & Gordon Estate Agents Limited from Members and Family Trusts of the Talbot Willcox family for £14.2 million. Foxtons Group plc (LSE:FOXT) acquired Douglas & Gordon Estate Agents Limited from Members and Family Trusts of the Talbot Willcox family for £14.2 million on March 2, 2021. The cash consideration for D&G is £14.25 million, on a cash and debt free basis, with normalised working capital remaining in the business. £0.5 million of the total consideration is deferred for a period of 12 months. The cash consideration is being funded by Foxtons' existing cash resources. existing management team of Douglas & Gordon will remaining in place. The Directors believe that the transaction will be materially earnings enhancing from 2022 and will deliver an attractive return on invested capital.
Foxtons Group plc (LSE:FOXT) completed the acquisition of Douglas & Gordon Estate Agents Limited from Members and Family Trusts of the Talbot Willcox family on March 2, 2021. お知らせ • Feb 23
Foxtons in Talks to Buy Douglas & Gordon Foxtons Group plc (LSE:FOXT) confirmed on February 22, 2021 it was in talks for a potential deal to buy rival agent Douglas & Gordon Limited. It also said any final deal would be funded through existing cash. Is New 90 Day High Low • Feb 08
New 90-day high: €0.69 The company is up 63% from its price of €0.42 on 10 November 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.045 per share. Is New 90 Day High Low • Dec 31
New 90-day high: €0.57 The company is up 46% from its price of €0.39 on 02 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.043 per share. Is New 90 Day High Low • Dec 16
New 90-day high: €0.53 The company is up 26% from its price of €0.42 on 17 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.043 per share. お知らせ • Dec 12
Foxtons Group plc to Report Fiscal Year 2020 Results on Mar 02, 2021 Foxtons Group plc announced that they will report fiscal year 2020 results on Mar 02, 2021 お知らせ • Nov 25
Foxtons Group plc (LSE:FOXT) acquired Aston Rowe Limited for £2.2 million on a cash and debt free basis. Foxtons Group plc (LSE:FOXT) acquired Aston Rowe Limited for £2.2 million on a cash and debt free basis on November 24, 2020. Out of total consideration, £0.2 million is deferred for a period of 6 months. The consideration is being funded by Foxtons Group' existing cash resources. Through the transaction, Foxtons will acquire Aston Rowe's lettings book comprising 689 tenancies, property management services and all 10 lettings employees. The existing Aston Rowe sales business does not form part of the transaction and will continue to be run by the existing owners, who will also retain the trading premises and the Aston Rowe name. The acquired Lettings business had unaudited revenue for the 12 months ending August 31, 2020 of £1.1 million. Gross assets at August 31, 2020 were £2 million. The transaction will be earnings enhancing in 2021.
Foxtons Group plc (LSE:FOXT) completed the acquisition of Aston Rowe Limited on November 24, 2020. Is New 90 Day High Low • Nov 20
New 90-day high: €0.45 The company is up 12% from its price of €0.40 on 21 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.04 per share. Recent Insider Transactions • Oct 31
CFO & Executive Director recently bought €82k worth of stock On the 29th of October, Richard Harris bought around 216k shares on-market at roughly €0.38 per share. This was the largest purchase by an insider in the last 3 months. This was Richard's only on-market trade for the last 12 months. Is New 90 Day High Low • Oct 30
New 90-day low: €0.36 The company is down 7.0% from its price of €0.39 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.063 per share. Is New 90 Day High Low • Oct 10
New 90-day low: €0.37 The company is down 7.0% from its price of €0.40 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.062 per share. お知らせ • Jul 26
Foxtons Group plc to Report First Half, 2020 Results on Jul 28, 2020 Foxtons Group plc announced that they will report first half, 2020 results on Jul 28, 2020