This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsFarfetch (FTCH N) 주식 개요Operates a platform for the luxury fashion industry in the United States, the United Kingdom, and internationally. 자세히 보기FTCH N 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장1/6과거 실적0/6재무 건전성1/6배당0/6강점수익은 연간 17.62% 증가할 것으로 예상됩니다.위험 분석주식은 유동성이 매우 낮습니다의미 있는 시가총액이 없습니다(MX$8M)현재 수익성이 없으며 향후 3년 동안 수익을 낼 것으로 예상되지 않습니다.모든 위험 점검 보기FTCH N Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueMex$Current PriceMex$12.2778.5% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-2b5b2016201920222025202620282031Revenue US$5.3bEarnings US$230.0mAdvancedSet Fair ValueView all narrativesFarfetch Limited 경쟁사African and Overseas EnterprisesSymbol: JSE:AOOMarket cap: R169.1mMallouppas & PapacostasSymbol: CSE:MPTMarket cap: €10.4mSEKIDOSymbol: TSE:9878Market cap: JP¥1.4bF J Benjamin HoldingsSymbol: Catalist:F10Market cap: S$8.3m가격 이력 및 성과Farfetch 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가US$12.2752주 최고가US$107.9952주 최저가US$12.00베타2.611개월 변동0%3개월 변동0%1년 변동-85.73%3년 변동n/a5년 변동n/aIPO 이후 변동-98.68%최근 뉴스 및 업데이트공지 • Feb 08Farfetch Files Form 15Farfetch Limited has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Class A ordinary shares under the Securities Exchange Act of 1934, as amended. The nominal value of the company's Class A ordinary shares was $0.04 per share.공지 • Jan 13Farfetch Limited Announces Executive ChangesFarfetch Limited announced the following resignations from the board of the Company: Michael Evans with effect from 30 November 2023; and Dana Evan, Stephanie Horton, Diane Irvine, Victor Luis, David Rosenblatt and Gillian Tans with effect from 18 December 2023.공지 • Dec 14Law Offices of Howard G. Smith Announces Securities Fraud Lawsuit Against Farfetch LimitedLaw Offices of Howard G. Smith announced that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Farfetch Limited. Class Period: March 9, 2023 -- August 17, 2023 Lead Plaintiff Deadline: December 19, 2023 Investors suffering losses on their Farfetch investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com. The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) Farfetch was experiencing a significant slowdown in growth in the U.S. and China; (2) Farfetch also faced onboarding challenges impacting the launch of its Reebok partnership; (3) Farfetch downplayed challenges it faced with respect to, and/or overstated its ability to manage, its supply chain and inventory; (4) all the foregoing was having a significant negative impact on Farfetch's revenue and GMV growth; (5) accordingly, Farfetch was unlikely to meet market expectations for its Second Quarter 2023 financial results or its own Fiscal Year 2023 revenue guidance; and (6) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.공지 • Dec 07Farfetch Limited Announces Resignation of Michael Evans from the Board of DirectorsOn November 30, 2023, J. Michael Evans tendered his resignation from the Board of Directors (the “Board”) of Farfetch Limited (the “Company”), with immediate effect. Mr. Evans’s resignation from the Board was in furtherance of the arm’s length commercial relationship between Alibaba Group Holding Limited, where Mr. Evans serves as President and a member of its board of directors, and the Company. Mr. Evans’s resignation was not the result of any disagreement with the Company or with its operations, policies or practices. He leaves with sincere thanks for all he has contributed to the Board and the Company, along with best wishes for the future.공지 • Nov 07Farfetch Limited to Report Q3, 2023 Results on Nov 29, 2023Farfetch Limited announced that they will report Q3, 2023 results Pre-Market on Nov 29, 2023Board Change • Oct 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.더 많은 업데이트 보기Recent updates공지 • Feb 08Farfetch Files Form 15Farfetch Limited has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Class A ordinary shares under the Securities Exchange Act of 1934, as amended. The nominal value of the company's Class A ordinary shares was $0.04 per share.공지 • Jan 13Farfetch Limited Announces Executive ChangesFarfetch Limited announced the following resignations from the board of the Company: Michael Evans with effect from 30 November 2023; and Dana Evan, Stephanie Horton, Diane Irvine, Victor Luis, David Rosenblatt and Gillian Tans with effect from 18 December 2023.공지 • Dec 14Law Offices of Howard G. Smith Announces Securities Fraud Lawsuit Against Farfetch LimitedLaw Offices of Howard G. Smith announced that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Farfetch Limited. Class Period: March 9, 2023 -- August 17, 2023 Lead Plaintiff Deadline: December 19, 2023 Investors suffering losses on their Farfetch investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com. The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) Farfetch was experiencing a significant slowdown in growth in the U.S. and China; (2) Farfetch also faced onboarding challenges impacting the launch of its Reebok partnership; (3) Farfetch downplayed challenges it faced with respect to, and/or overstated its ability to manage, its supply chain and inventory; (4) all the foregoing was having a significant negative impact on Farfetch's revenue and GMV growth; (5) accordingly, Farfetch was unlikely to meet market expectations for its Second Quarter 2023 financial results or its own Fiscal Year 2023 revenue guidance; and (6) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.공지 • Dec 07Farfetch Limited Announces Resignation of Michael Evans from the Board of DirectorsOn November 30, 2023, J. Michael Evans tendered his resignation from the Board of Directors (the “Board”) of Farfetch Limited (the “Company”), with immediate effect. Mr. Evans’s resignation from the Board was in furtherance of the arm’s length commercial relationship between Alibaba Group Holding Limited, where Mr. Evans serves as President and a member of its board of directors, and the Company. Mr. Evans’s resignation was not the result of any disagreement with the Company or with its operations, policies or practices. He leaves with sincere thanks for all he has contributed to the Board and the Company, along with best wishes for the future.공지 • Nov 07Farfetch Limited to Report Q3, 2023 Results on Nov 29, 2023Farfetch Limited announced that they will report Q3, 2023 results Pre-Market on Nov 29, 2023Board Change • Oct 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공지 • Oct 22Pomerantz Law Firm Announces the Filing of a Class Action Against Farfetch Limited and Certain OfficersPomerantz LLP announces that a class action lawsuit has been filed against Farfetch Limited and certain officers. The class action, filed in the United States District Court for the District of Maryland, Southern Division, and docketed under 23-cv-02857, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Farfetch securities between March 9, 2023 and August 17, 2023, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (“Exchange Act”) and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials. In May 2023, Farfetch announced the commercial launch of its European partnership with footwear and clothing brand Reebok International Limited (“Reebok”). Reebok’s owner, Authentic Brands Group, partnered with Farfetch in 2022 to operate its business in Europe, re-platform its European e-commerce sites, and drive the evolution of the brand by expanding its luxury collaboration offerings globally. The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Farfetch was experiencing a significant slowdown in growth in the U.S. and China; (ii) Farfetch also faced onboarding challenges impacting the launch of its Reebok partnership; (iii) Farfetch downplayed challenges it faced with respect to, and/or overstated its ability to manage, its supply chain and inventory; (iv) all the foregoing was having a significant negative impact on Farfetch’s revenue and GMV growth; (v) accordingly, Farfetch was unlikely to meet market expectations for its second quarter 2023 financial results or its own Fiscal Year 2023 revenue guidance; and (vi) as a result, the Company’s public statements were materially false and misleading at all relevant times.공지 • Oct 18Farfetch Limited, Annual General Meeting, Nov 20, 2023Farfetch Limited, Annual General Meeting, Nov 20, 2023, at 10:00 Eastern Standard Time. Location: 190 Elgin Avenue, George Town Grand Cayman Cayman IslandsReported Earnings • Aug 18Second quarter 2023 earnings released: US$0.68 loss per share (vs US$0.18 profit in 2Q 2022)Second quarter 2023 results: US$0.68 loss per share (down from US$0.18 profit in 2Q 2022). Revenue: US$572.1m (down 1.3% from 2Q 2022). Net loss: US$271.9m (down 486% from profit in 2Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Specialty Retail industry in South America.공지 • Aug 18Farfetch Limited Provides Earnings Guidance for the Full Year 2023Farfetch Limited provided earnings guidance for the full year 2023. For the year, the company expects revenue of approximately $2.5 billion, up from $2.3 billion in 2022.공지 • Aug 03Farfetch Limited to Report Q2, 2023 Results on Aug 17, 2023Farfetch Limited announced that they will report Q2, 2023 results After-Market on Aug 17, 2023공지 • Aug 02Farfetch Limited Announces Chief Financial Officer ChangesFarfetch Limited announced that Tim Stone has joined the Company and will become Chief Financial Officer effective September 1, 2023. Mr. Stone succeeds Elliot Jordan whose departure was announced in February 2023. After a handover period, including the reporting of FARFETCH’s second quarter 2023 results scheduled for August 17, 2023, Mr. Jordan will leave the Company on August 31, 2023. Mr. Stone brings vast experience from marketplace and technology platform businesses to his role at FARFETCH. He spent more than 20 years in senior finance roles at Amazon.com, including as Chief Financial Officer for the AWS, Devices and Digital Content businesses. In addition, he was CFO for Ford Motor Company.Reported Earnings • May 19First quarter 2023 earnings released: US$0.43 loss per share (vs US$1.93 profit in 1Q 2022)First quarter 2023 results: US$0.43 loss per share (down from US$1.93 profit in 1Q 2022). Revenue: US$556.4m (up 8.1% from 1Q 2022). Net loss: US$171.9m (down 123% from profit in 1Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Specialty Retail industry in South America.Board Change • Apr 21High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 24Full year 2022 earnings released: EPS: US$0.93 (vs US$4.02 in FY 2021)Full year 2022 results: EPS: US$0.93 (down from US$4.02 in FY 2021). Revenue: US$2.32b (up 2.7% from FY 2021). Net income: US$359.3m (down 76% from FY 2021). Profit margin: 16% (down from 65% in FY 2021). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Global Online Retail industry.공지 • Feb 10Farfetch Limited to Report Q4, 2022 Results on Feb 23, 2023Farfetch Limited announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 23, 2023Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 22%After last week's 22% share price gain to Mex$144, the stock trades at a trailing P/E ratio of 4.5x. Average forward P/E is 23x in the Online Retail industry globally. Total loss to shareholders of 64% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$171 per share.공지 • Jan 19Farfetch Announces Changes to Leadership TeamFARFETCH announced changes to its leadership team. Elizabeth von der Goltz has joined the FARFETCH Executive team, taking on the roles of Chief Fashion and Merchandising Officer and CEO of Browns. Sindhura Sarikonda will also join the company this month as President, Americas. Stephanie Simon is also joining the business to head up Community and Web3 efforts for the FARFETCH Group as Vice President Community and Web3. Elizabeth brings an invaluable background and experience in luxury, having led the buying and merchandising functions for Bergdorf Goodman, Yoox Net-a-Porter Group and, more recently, Matches Fashion. Sindhura is a seasoned executive and entrepreneur with a wealth of experience in the technology and e-commerce sectors, having served as a General Manager for Walmart U.S. E-commerce, Head of Beauty for Jet.com, and most recently, Global Head of In-Store at Klarna. Stephanie has had an incredible career building brands and communities at the intersection of innovation and culture. Most recently, she was on the founding team at Clubhouse and led growth as Head of Community. Stephanie joined FARFETCH this month. Separately, Chief Brand Officer, Holli Rogers, and Chief Growth Officer, Martin Avetisyan, will be leaving the company to pursue other opportunities.Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to Mex$117, the stock trades at a trailing P/E ratio of 3.7x. Average forward P/E is 22x in the Online Retail industry globally. Total loss to shareholders of 79% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$174 per share.Buying Opportunity • Dec 01Now 40% undervalued after recent price dropOver the last 90 days, the stock is down 55%. The fair value is estimated to be Mex$179, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings is forecast to decline by 25% per annum over the same time period.Reported Earnings • Nov 18Third quarter 2022 earnings released: US$0.71 loss per share (vs US$2.09 profit in 3Q 2021)Third quarter 2022 results: US$0.71 loss per share (down from US$2.09 profit in 3Q 2021). Revenue: US$593.4m (up 1.9% from 3Q 2021). Net loss: US$274.2m (down 136% from profit in 3Q 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Online Retail industry in South America.공지 • Nov 18Farfetch Limited Reports Impairment Charges for the Third Quarter Ended September 30, 2022Farfetch Limited reported impairment charges for the third quarter ended September 30, 2022. For the quarter, the company reported impairment losses on tangible and intangible assets of $38,287,000.Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improved over the past weekAfter last week's 25% share price gain to Mex$200, the stock trades at a trailing P/E ratio of 2.3x. Average forward P/E is 19x in the Online Retail industry globally. Total loss to shareholders of 75% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$271 per share.공지 • Nov 02Farfetch Limited to Report Q3, 2022 Results on Nov 17, 2022Farfetch Limited announced that they will report Q3, 2022 results After-Market on Nov 17, 2022공지 • Oct 22Farfetch Limited, Annual General Meeting, Nov 21, 2022Farfetch Limited, Annual General Meeting, Nov 21, 2022, at 10:00 US Eastern Standard Time. Location: 190 Elgin Avenue, George Town, Grand Cayman KY1-9001, Cayman Islands Georgetown United StatesValuation Update With 7 Day Price Move • Sep 23Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to Mex$172, the stock trades at a trailing P/E ratio of 2x. Average forward P/E is 17x in the Online Retail industry globally. Total loss to shareholders of 79% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$303 per share.공지 • Sep 19Farfetch Limited(NYSE:FTCH) dropped from FTSE All-World Index (USD)Farfetch Limited(NYSE:FTCH) dropped from FTSE All-World Index (USD)Reported Earnings • Aug 26Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: US$579.3m (up 11% from 2Q 2021). Net income: US$70.5m (down 19% from 2Q 2021). Profit margin: 12% (down from 17% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 17%, compared to a 21% growth forecast for the Online Retail industry in Mexico.Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improved over the past weekAfter last week's 15% share price gain to Mex$190, the stock trades at a trailing P/E ratio of 2.1x. Average forward P/E is 17x in the Online Retail industry globally. Total loss to shareholders of 78% over the past year.공지 • Aug 25Farfetch Limited (NYSE:FTCH) and Mohamed Alabbar agreed to acquire a 50.7% stake in YOOX Net-A-Porter Group S.p.A. from Richemont Italia Holding S.p.A. for approximately $710 million.Farfetch Limited (NYSE:FTCH) and Mohamed Alabbar entered into a Share Purchase Agreement to acquire a 50.7% stake in YOOX Net-A-Porter Group S.p.A. from Richemont Italia Holding S.p.A. for approximately $710 million on August 24, 2022. Under the terms, Farfetch will acquire 47.5% stake and Alabbar will acquire 3.2% stake. Upon completion of the sale of 47.5% of YOOX Net-A-Porter’s share capital to Farfetch, Richemont will receive 53 million to 58.5 million FARFETCH Class A ordinary shares. Richemont will also receive $250 million expected to be settled in FARFETCH Class A ordinary shares, using the then current 60-day VWAP. Alabbar will acquire a 3.2% interest in YOOX Net-A-Porter in exchange for its shares in the joint venture with YOOX Net-A-Porter in the Gulf Cooperation Council region. As a result of this share swap, YOOX Net-A-Porter will own 100% of its business in the region. The transaction is subject to a number of regulatory conditions, including the receipt of certain antitrust approvals. The transaction is expected to complete before the end of calendar year 2023. Latham & Watkins & Slaughter and May acted as legal advisor to Richemont Italia and Farfetch respectively.Board Change • Aug 17High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공지 • Aug 05Farfetch Limited to Report Q2, 2022 Results on Aug 25, 2022Farfetch Limited announced that they will report Q2, 2022 results After-Market on Aug 25, 2022Board Change • Jun 23High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • May 28First quarter 2022 earnings released: EPS: US$1.93 (vs US$1.44 in 1Q 2021)First quarter 2022 results: EPS: US$1.93 (up from US$1.44 in 1Q 2021). Revenue: US$514.8m (up 6.1% from 1Q 2021). Net income: US$734.3m (up 44% from 1Q 2021). Over the next year, revenue is forecast to grow 21%, compared to a 30% growth forecast for the industry in Mexico.공지 • May 27Farfetch Limited (NYSE:FTCH) acquired Wannaby Inc. for $29.4 million.Farfetch Limited (NYSE:FTCH) acquired Wannaby Inc. for $29.4 million on April 5, 2022. Total consideration of $29.4 million comprised $24.5 million in cash, subject to closing accounting adjustments, and $4.9 million in shares, based on the Farfetch share price as at the acquisition date. The share consideration is subject to service conditions for certain management team members and employees of Wannaby Inc. remaining with the Company after the acquisition. Farfetch Limited (NYSE:FTCH) completed the acquisition of Wannaby Inc. on April 5, 2022.Valuation Update With 7 Day Price Move • May 10Investor sentiment deteriorated over the past weekAfter last week's 29% share price decline to Mex$163, the stock trades at a trailing P/E ratio of 2.2x. Average forward P/E is 18x in the Online Retail industry globally. Total loss to shareholders of 81% over the past year.Board Change • Apr 27High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 23Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to Mex$235, the stock trades at a trailing P/E ratio of 3x. Average forward P/E is 19x in the Online Retail industry globally.공지 • Apr 21Farfetch Limited (NYSE:FTCH) acquired Browns Beauty & Tanning.Farfetch Limited (NYSE:FTCH) acquired Browns Beauty & Tanning on April 20, 2022. Farfetch Limited (NYSE:FTCH) completed the acquisition of Browns Beauty & Tanning on April 20, 2022.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to Mex$355, the stock trades at a trailing P/E ratio of 4.3x. Average forward P/E is 18x in the Online Retail industry globally.Reported Earnings • Feb 26Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: US$2.26b (up 35% from FY 2020). Net income: US$1.47b (up US$4.82b from FY 2020). Profit margin: 65% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 27%, compared to a 66% growth forecast for the retail industry in Mexico.Board Change • Feb 23High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공지 • Feb 08Farfetch Limited to Report Q4, 2021 Results on Feb 24, 2022Farfetch Limited announced that they will report Q4, 2021 results After-Market on Feb 24, 2022공지 • Jan 29Farfetch Limited (NYSE : FTCH) agreed to acquire Violet Grey Inc.Farfetch Limited (NYSE : FTCH) agreed to acquire Violet Grey Inc on January 28, 2022. Upon completion, Violet Grey founder, Cassandra Grey, will become a global advisor for Beauty on the FARFETCH Marketplace and Co-founder of NGG Beauty where she will work to incubate and accelerate new brands. Completion is subject to customary closing conditions, including the consent of Violet Grey’s existing shareholder base.Breakeven Date Change • Dec 31No longer forecast to breakevenThe 21 analysts covering Farfetch no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$1.26b in 2021. New consensus forecast suggests the company will make a loss of US$397.4m in 2023.Reported Earnings • Nov 20Third quarter 2021 earnings releasedThird quarter 2021 results: Revenue: US$582.6m (up 33% from 3Q 2020). Net income: US$767.2m (up US$1.31b from 3Q 2020).Breakeven Date Change • Nov 05Forecast to breakeven in 2021The 19 analysts covering Farfetch expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$360.5m in 2021. Earnings growth of 8.1% is required to achieve expected profit on schedule.Board Change • Nov 05High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Sep 24High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Breakeven Date Change • Sep 24Forecast to breakeven in 2021The 18 analysts covering Farfetch expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$361.5m in 2021. Earnings growth of 8.2% is required to achieve expected profit on schedule.Breakeven Date Change • Aug 21Forecast to breakeven in 2021The 17 analysts covering Farfetch expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$366.0m in 2021. Earnings growth of 13% is required to achieve expected profit on schedule.Reported Earnings • Aug 20Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$523.3m (up 44% from 2Q 2020). Net income: US$86.6m (up US$526.3m from 2Q 2020). Profit margin: 17% (up from net loss in 2Q 2020). The move to profitability was primarily driven by lower expenses.Board Change • Aug 11High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Breakeven Date Change • May 17Forecast to breakeven in 2025The 16 analysts covering Farfetch expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$126.1m in 2025. Average annual earnings growth of 24% is required to achieve expected profit on schedule.Breakeven Date Change • May 15Forecast to breakeven in 2025The 17 analysts covering Farfetch expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$203.5m in 2025. Average annual earnings growth of 27% is required to achieve expected profit on schedule.Reported Earnings • May 15First quarter 2021 earnings releasedFirst quarter 2021 results: Revenue: US$485.1m (up 46% from 1Q 2020). Net income: US$511.2m (up US$593.3m from 1Q 2020).공지 • May 14Farfetch Limited Provides Earnings Guidance for the Second Quarter and Full Year 2021Farfetch Limited provided earnings guidance for the second quarter and full year 2021. For second quarter 2021, the company expects Digital Platform GMV of $910 million to $945 million, representing growth of 40% to 45% year-over-year. Brand Platform GMV of $50 million to $60 million. For full year 2021, the company expects Digital Platform GMV of $3.725 billion to $3.865 billion, representing growth of 35% to 40% year-over-year.주주 수익률FTCH NMX Specialty RetailMX 시장7D0%0.8%2.5%1Y-85.7%13.6%20.3%전체 주주 수익률 보기수익률 대 산업: FTCH N은 지난 1년 동안 13.6%의 수익을 기록한 MX Specialty Retail 산업보다 저조한 성과를 냈습니다.수익률 대 시장: FTCH N은 지난 1년 동안 20.3%를 기록한 MX 시장보다 저조한 성과를 냈습니다.주가 변동성Is FTCH N's price volatile compared to industry and market?FTCH N volatilityFTCH N Average Weekly Movementn/aSpecialty Retail Industry Average Movement6.1%Market Average Movement4.1%10% most volatile stocks in MX Market6.0%10% least volatile stocks in MX Market2.8%안정적인 주가: FTCH N의 주가는 지난 3개월 동안 MX 시장보다 변동성이 컸습니다.시간에 따른 변동성: Insufficient data to determine FTCH N의 변동성 변화를 판단할 수 없습니다.회사 소개설립직원 수CEO웹사이트20076,728Jos Neveswww.farfetchinvestors.com더 보기Farfetch Limited 기초 지표 요약Farfetch의 순이익과 매출은 시가총액과 어떻게 비교됩니까?FTCH N 기초 통계시가총액Mex$130.87m순이익 (TTM)-Mex$14.94b매출 (TTM)Mex$39.49b0.0x주가매출비율(P/S)0.0x주가수익비율(P/E)FTCH N는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표FTCH N 손익계산서 (TTM)매출US$2.35b매출원가US$1.34b총이익US$1.01b기타 비용US$1.90b순이익-US$889.31m최근 보고된 실적Jun 30, 2023다음 실적 발표일해당 없음주당순이익(EPS)-2.25총이익률42.90%순이익률-37.83%부채/자본 비율151.3%FTCH N의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/03/13 15:55종가2023/12/15 00:00수익2023/06/30연간 수익2022/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Farfetch Limited는 17명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Rocco StraussArete Research Services LLPLuca SolcaBernsteinAntoine BelgeBNP Paribas14명의 분석가 더 보기
공지 • Feb 08Farfetch Files Form 15Farfetch Limited has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Class A ordinary shares under the Securities Exchange Act of 1934, as amended. The nominal value of the company's Class A ordinary shares was $0.04 per share.
공지 • Jan 13Farfetch Limited Announces Executive ChangesFarfetch Limited announced the following resignations from the board of the Company: Michael Evans with effect from 30 November 2023; and Dana Evan, Stephanie Horton, Diane Irvine, Victor Luis, David Rosenblatt and Gillian Tans with effect from 18 December 2023.
공지 • Dec 14Law Offices of Howard G. Smith Announces Securities Fraud Lawsuit Against Farfetch LimitedLaw Offices of Howard G. Smith announced that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Farfetch Limited. Class Period: March 9, 2023 -- August 17, 2023 Lead Plaintiff Deadline: December 19, 2023 Investors suffering losses on their Farfetch investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com. The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) Farfetch was experiencing a significant slowdown in growth in the U.S. and China; (2) Farfetch also faced onboarding challenges impacting the launch of its Reebok partnership; (3) Farfetch downplayed challenges it faced with respect to, and/or overstated its ability to manage, its supply chain and inventory; (4) all the foregoing was having a significant negative impact on Farfetch's revenue and GMV growth; (5) accordingly, Farfetch was unlikely to meet market expectations for its Second Quarter 2023 financial results or its own Fiscal Year 2023 revenue guidance; and (6) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
공지 • Dec 07Farfetch Limited Announces Resignation of Michael Evans from the Board of DirectorsOn November 30, 2023, J. Michael Evans tendered his resignation from the Board of Directors (the “Board”) of Farfetch Limited (the “Company”), with immediate effect. Mr. Evans’s resignation from the Board was in furtherance of the arm’s length commercial relationship between Alibaba Group Holding Limited, where Mr. Evans serves as President and a member of its board of directors, and the Company. Mr. Evans’s resignation was not the result of any disagreement with the Company or with its operations, policies or practices. He leaves with sincere thanks for all he has contributed to the Board and the Company, along with best wishes for the future.
공지 • Nov 07Farfetch Limited to Report Q3, 2023 Results on Nov 29, 2023Farfetch Limited announced that they will report Q3, 2023 results Pre-Market on Nov 29, 2023
Board Change • Oct 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공지 • Feb 08Farfetch Files Form 15Farfetch Limited has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Class A ordinary shares under the Securities Exchange Act of 1934, as amended. The nominal value of the company's Class A ordinary shares was $0.04 per share.
공지 • Jan 13Farfetch Limited Announces Executive ChangesFarfetch Limited announced the following resignations from the board of the Company: Michael Evans with effect from 30 November 2023; and Dana Evan, Stephanie Horton, Diane Irvine, Victor Luis, David Rosenblatt and Gillian Tans with effect from 18 December 2023.
공지 • Dec 14Law Offices of Howard G. Smith Announces Securities Fraud Lawsuit Against Farfetch LimitedLaw Offices of Howard G. Smith announced that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Farfetch Limited. Class Period: March 9, 2023 -- August 17, 2023 Lead Plaintiff Deadline: December 19, 2023 Investors suffering losses on their Farfetch investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com. The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) Farfetch was experiencing a significant slowdown in growth in the U.S. and China; (2) Farfetch also faced onboarding challenges impacting the launch of its Reebok partnership; (3) Farfetch downplayed challenges it faced with respect to, and/or overstated its ability to manage, its supply chain and inventory; (4) all the foregoing was having a significant negative impact on Farfetch's revenue and GMV growth; (5) accordingly, Farfetch was unlikely to meet market expectations for its Second Quarter 2023 financial results or its own Fiscal Year 2023 revenue guidance; and (6) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
공지 • Dec 07Farfetch Limited Announces Resignation of Michael Evans from the Board of DirectorsOn November 30, 2023, J. Michael Evans tendered his resignation from the Board of Directors (the “Board”) of Farfetch Limited (the “Company”), with immediate effect. Mr. Evans’s resignation from the Board was in furtherance of the arm’s length commercial relationship between Alibaba Group Holding Limited, where Mr. Evans serves as President and a member of its board of directors, and the Company. Mr. Evans’s resignation was not the result of any disagreement with the Company or with its operations, policies or practices. He leaves with sincere thanks for all he has contributed to the Board and the Company, along with best wishes for the future.
공지 • Nov 07Farfetch Limited to Report Q3, 2023 Results on Nov 29, 2023Farfetch Limited announced that they will report Q3, 2023 results Pre-Market on Nov 29, 2023
Board Change • Oct 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공지 • Oct 22Pomerantz Law Firm Announces the Filing of a Class Action Against Farfetch Limited and Certain OfficersPomerantz LLP announces that a class action lawsuit has been filed against Farfetch Limited and certain officers. The class action, filed in the United States District Court for the District of Maryland, Southern Division, and docketed under 23-cv-02857, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Farfetch securities between March 9, 2023 and August 17, 2023, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (“Exchange Act”) and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials. In May 2023, Farfetch announced the commercial launch of its European partnership with footwear and clothing brand Reebok International Limited (“Reebok”). Reebok’s owner, Authentic Brands Group, partnered with Farfetch in 2022 to operate its business in Europe, re-platform its European e-commerce sites, and drive the evolution of the brand by expanding its luxury collaboration offerings globally. The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Farfetch was experiencing a significant slowdown in growth in the U.S. and China; (ii) Farfetch also faced onboarding challenges impacting the launch of its Reebok partnership; (iii) Farfetch downplayed challenges it faced with respect to, and/or overstated its ability to manage, its supply chain and inventory; (iv) all the foregoing was having a significant negative impact on Farfetch’s revenue and GMV growth; (v) accordingly, Farfetch was unlikely to meet market expectations for its second quarter 2023 financial results or its own Fiscal Year 2023 revenue guidance; and (vi) as a result, the Company’s public statements were materially false and misleading at all relevant times.
공지 • Oct 18Farfetch Limited, Annual General Meeting, Nov 20, 2023Farfetch Limited, Annual General Meeting, Nov 20, 2023, at 10:00 Eastern Standard Time. Location: 190 Elgin Avenue, George Town Grand Cayman Cayman Islands
Reported Earnings • Aug 18Second quarter 2023 earnings released: US$0.68 loss per share (vs US$0.18 profit in 2Q 2022)Second quarter 2023 results: US$0.68 loss per share (down from US$0.18 profit in 2Q 2022). Revenue: US$572.1m (down 1.3% from 2Q 2022). Net loss: US$271.9m (down 486% from profit in 2Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Specialty Retail industry in South America.
공지 • Aug 18Farfetch Limited Provides Earnings Guidance for the Full Year 2023Farfetch Limited provided earnings guidance for the full year 2023. For the year, the company expects revenue of approximately $2.5 billion, up from $2.3 billion in 2022.
공지 • Aug 03Farfetch Limited to Report Q2, 2023 Results on Aug 17, 2023Farfetch Limited announced that they will report Q2, 2023 results After-Market on Aug 17, 2023
공지 • Aug 02Farfetch Limited Announces Chief Financial Officer ChangesFarfetch Limited announced that Tim Stone has joined the Company and will become Chief Financial Officer effective September 1, 2023. Mr. Stone succeeds Elliot Jordan whose departure was announced in February 2023. After a handover period, including the reporting of FARFETCH’s second quarter 2023 results scheduled for August 17, 2023, Mr. Jordan will leave the Company on August 31, 2023. Mr. Stone brings vast experience from marketplace and technology platform businesses to his role at FARFETCH. He spent more than 20 years in senior finance roles at Amazon.com, including as Chief Financial Officer for the AWS, Devices and Digital Content businesses. In addition, he was CFO for Ford Motor Company.
Reported Earnings • May 19First quarter 2023 earnings released: US$0.43 loss per share (vs US$1.93 profit in 1Q 2022)First quarter 2023 results: US$0.43 loss per share (down from US$1.93 profit in 1Q 2022). Revenue: US$556.4m (up 8.1% from 1Q 2022). Net loss: US$171.9m (down 123% from profit in 1Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Specialty Retail industry in South America.
Board Change • Apr 21High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 24Full year 2022 earnings released: EPS: US$0.93 (vs US$4.02 in FY 2021)Full year 2022 results: EPS: US$0.93 (down from US$4.02 in FY 2021). Revenue: US$2.32b (up 2.7% from FY 2021). Net income: US$359.3m (down 76% from FY 2021). Profit margin: 16% (down from 65% in FY 2021). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Global Online Retail industry.
공지 • Feb 10Farfetch Limited to Report Q4, 2022 Results on Feb 23, 2023Farfetch Limited announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 23, 2023
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 22%After last week's 22% share price gain to Mex$144, the stock trades at a trailing P/E ratio of 4.5x. Average forward P/E is 23x in the Online Retail industry globally. Total loss to shareholders of 64% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$171 per share.
공지 • Jan 19Farfetch Announces Changes to Leadership TeamFARFETCH announced changes to its leadership team. Elizabeth von der Goltz has joined the FARFETCH Executive team, taking on the roles of Chief Fashion and Merchandising Officer and CEO of Browns. Sindhura Sarikonda will also join the company this month as President, Americas. Stephanie Simon is also joining the business to head up Community and Web3 efforts for the FARFETCH Group as Vice President Community and Web3. Elizabeth brings an invaluable background and experience in luxury, having led the buying and merchandising functions for Bergdorf Goodman, Yoox Net-a-Porter Group and, more recently, Matches Fashion. Sindhura is a seasoned executive and entrepreneur with a wealth of experience in the technology and e-commerce sectors, having served as a General Manager for Walmart U.S. E-commerce, Head of Beauty for Jet.com, and most recently, Global Head of In-Store at Klarna. Stephanie has had an incredible career building brands and communities at the intersection of innovation and culture. Most recently, she was on the founding team at Clubhouse and led growth as Head of Community. Stephanie joined FARFETCH this month. Separately, Chief Brand Officer, Holli Rogers, and Chief Growth Officer, Martin Avetisyan, will be leaving the company to pursue other opportunities.
Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to Mex$117, the stock trades at a trailing P/E ratio of 3.7x. Average forward P/E is 22x in the Online Retail industry globally. Total loss to shareholders of 79% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$174 per share.
Buying Opportunity • Dec 01Now 40% undervalued after recent price dropOver the last 90 days, the stock is down 55%. The fair value is estimated to be Mex$179, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings is forecast to decline by 25% per annum over the same time period.
Reported Earnings • Nov 18Third quarter 2022 earnings released: US$0.71 loss per share (vs US$2.09 profit in 3Q 2021)Third quarter 2022 results: US$0.71 loss per share (down from US$2.09 profit in 3Q 2021). Revenue: US$593.4m (up 1.9% from 3Q 2021). Net loss: US$274.2m (down 136% from profit in 3Q 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Online Retail industry in South America.
공지 • Nov 18Farfetch Limited Reports Impairment Charges for the Third Quarter Ended September 30, 2022Farfetch Limited reported impairment charges for the third quarter ended September 30, 2022. For the quarter, the company reported impairment losses on tangible and intangible assets of $38,287,000.
Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improved over the past weekAfter last week's 25% share price gain to Mex$200, the stock trades at a trailing P/E ratio of 2.3x. Average forward P/E is 19x in the Online Retail industry globally. Total loss to shareholders of 75% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$271 per share.
공지 • Nov 02Farfetch Limited to Report Q3, 2022 Results on Nov 17, 2022Farfetch Limited announced that they will report Q3, 2022 results After-Market on Nov 17, 2022
공지 • Oct 22Farfetch Limited, Annual General Meeting, Nov 21, 2022Farfetch Limited, Annual General Meeting, Nov 21, 2022, at 10:00 US Eastern Standard Time. Location: 190 Elgin Avenue, George Town, Grand Cayman KY1-9001, Cayman Islands Georgetown United States
Valuation Update With 7 Day Price Move • Sep 23Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to Mex$172, the stock trades at a trailing P/E ratio of 2x. Average forward P/E is 17x in the Online Retail industry globally. Total loss to shareholders of 79% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$303 per share.
공지 • Sep 19Farfetch Limited(NYSE:FTCH) dropped from FTSE All-World Index (USD)Farfetch Limited(NYSE:FTCH) dropped from FTSE All-World Index (USD)
Reported Earnings • Aug 26Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: US$579.3m (up 11% from 2Q 2021). Net income: US$70.5m (down 19% from 2Q 2021). Profit margin: 12% (down from 17% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 17%, compared to a 21% growth forecast for the Online Retail industry in Mexico.
Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improved over the past weekAfter last week's 15% share price gain to Mex$190, the stock trades at a trailing P/E ratio of 2.1x. Average forward P/E is 17x in the Online Retail industry globally. Total loss to shareholders of 78% over the past year.
공지 • Aug 25Farfetch Limited (NYSE:FTCH) and Mohamed Alabbar agreed to acquire a 50.7% stake in YOOX Net-A-Porter Group S.p.A. from Richemont Italia Holding S.p.A. for approximately $710 million.Farfetch Limited (NYSE:FTCH) and Mohamed Alabbar entered into a Share Purchase Agreement to acquire a 50.7% stake in YOOX Net-A-Porter Group S.p.A. from Richemont Italia Holding S.p.A. for approximately $710 million on August 24, 2022. Under the terms, Farfetch will acquire 47.5% stake and Alabbar will acquire 3.2% stake. Upon completion of the sale of 47.5% of YOOX Net-A-Porter’s share capital to Farfetch, Richemont will receive 53 million to 58.5 million FARFETCH Class A ordinary shares. Richemont will also receive $250 million expected to be settled in FARFETCH Class A ordinary shares, using the then current 60-day VWAP. Alabbar will acquire a 3.2% interest in YOOX Net-A-Porter in exchange for its shares in the joint venture with YOOX Net-A-Porter in the Gulf Cooperation Council region. As a result of this share swap, YOOX Net-A-Porter will own 100% of its business in the region. The transaction is subject to a number of regulatory conditions, including the receipt of certain antitrust approvals. The transaction is expected to complete before the end of calendar year 2023. Latham & Watkins & Slaughter and May acted as legal advisor to Richemont Italia and Farfetch respectively.
Board Change • Aug 17High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공지 • Aug 05Farfetch Limited to Report Q2, 2022 Results on Aug 25, 2022Farfetch Limited announced that they will report Q2, 2022 results After-Market on Aug 25, 2022
Board Change • Jun 23High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 28First quarter 2022 earnings released: EPS: US$1.93 (vs US$1.44 in 1Q 2021)First quarter 2022 results: EPS: US$1.93 (up from US$1.44 in 1Q 2021). Revenue: US$514.8m (up 6.1% from 1Q 2021). Net income: US$734.3m (up 44% from 1Q 2021). Over the next year, revenue is forecast to grow 21%, compared to a 30% growth forecast for the industry in Mexico.
공지 • May 27Farfetch Limited (NYSE:FTCH) acquired Wannaby Inc. for $29.4 million.Farfetch Limited (NYSE:FTCH) acquired Wannaby Inc. for $29.4 million on April 5, 2022. Total consideration of $29.4 million comprised $24.5 million in cash, subject to closing accounting adjustments, and $4.9 million in shares, based on the Farfetch share price as at the acquisition date. The share consideration is subject to service conditions for certain management team members and employees of Wannaby Inc. remaining with the Company after the acquisition. Farfetch Limited (NYSE:FTCH) completed the acquisition of Wannaby Inc. on April 5, 2022.
Valuation Update With 7 Day Price Move • May 10Investor sentiment deteriorated over the past weekAfter last week's 29% share price decline to Mex$163, the stock trades at a trailing P/E ratio of 2.2x. Average forward P/E is 18x in the Online Retail industry globally. Total loss to shareholders of 81% over the past year.
Board Change • Apr 27High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to Mex$235, the stock trades at a trailing P/E ratio of 3x. Average forward P/E is 19x in the Online Retail industry globally.
공지 • Apr 21Farfetch Limited (NYSE:FTCH) acquired Browns Beauty & Tanning.Farfetch Limited (NYSE:FTCH) acquired Browns Beauty & Tanning on April 20, 2022. Farfetch Limited (NYSE:FTCH) completed the acquisition of Browns Beauty & Tanning on April 20, 2022.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to Mex$355, the stock trades at a trailing P/E ratio of 4.3x. Average forward P/E is 18x in the Online Retail industry globally.
Reported Earnings • Feb 26Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: US$2.26b (up 35% from FY 2020). Net income: US$1.47b (up US$4.82b from FY 2020). Profit margin: 65% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 27%, compared to a 66% growth forecast for the retail industry in Mexico.
Board Change • Feb 23High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공지 • Feb 08Farfetch Limited to Report Q4, 2021 Results on Feb 24, 2022Farfetch Limited announced that they will report Q4, 2021 results After-Market on Feb 24, 2022
공지 • Jan 29Farfetch Limited (NYSE : FTCH) agreed to acquire Violet Grey Inc.Farfetch Limited (NYSE : FTCH) agreed to acquire Violet Grey Inc on January 28, 2022. Upon completion, Violet Grey founder, Cassandra Grey, will become a global advisor for Beauty on the FARFETCH Marketplace and Co-founder of NGG Beauty where she will work to incubate and accelerate new brands. Completion is subject to customary closing conditions, including the consent of Violet Grey’s existing shareholder base.
Breakeven Date Change • Dec 31No longer forecast to breakevenThe 21 analysts covering Farfetch no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$1.26b in 2021. New consensus forecast suggests the company will make a loss of US$397.4m in 2023.
Reported Earnings • Nov 20Third quarter 2021 earnings releasedThird quarter 2021 results: Revenue: US$582.6m (up 33% from 3Q 2020). Net income: US$767.2m (up US$1.31b from 3Q 2020).
Breakeven Date Change • Nov 05Forecast to breakeven in 2021The 19 analysts covering Farfetch expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$360.5m in 2021. Earnings growth of 8.1% is required to achieve expected profit on schedule.
Board Change • Nov 05High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Sep 24High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Breakeven Date Change • Sep 24Forecast to breakeven in 2021The 18 analysts covering Farfetch expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$361.5m in 2021. Earnings growth of 8.2% is required to achieve expected profit on schedule.
Breakeven Date Change • Aug 21Forecast to breakeven in 2021The 17 analysts covering Farfetch expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$366.0m in 2021. Earnings growth of 13% is required to achieve expected profit on schedule.
Reported Earnings • Aug 20Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$523.3m (up 44% from 2Q 2020). Net income: US$86.6m (up US$526.3m from 2Q 2020). Profit margin: 17% (up from net loss in 2Q 2020). The move to profitability was primarily driven by lower expenses.
Board Change • Aug 11High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Mike Evans was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Breakeven Date Change • May 17Forecast to breakeven in 2025The 16 analysts covering Farfetch expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$126.1m in 2025. Average annual earnings growth of 24% is required to achieve expected profit on schedule.
Breakeven Date Change • May 15Forecast to breakeven in 2025The 17 analysts covering Farfetch expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$203.5m in 2025. Average annual earnings growth of 27% is required to achieve expected profit on schedule.
Reported Earnings • May 15First quarter 2021 earnings releasedFirst quarter 2021 results: Revenue: US$485.1m (up 46% from 1Q 2020). Net income: US$511.2m (up US$593.3m from 1Q 2020).
공지 • May 14Farfetch Limited Provides Earnings Guidance for the Second Quarter and Full Year 2021Farfetch Limited provided earnings guidance for the second quarter and full year 2021. For second quarter 2021, the company expects Digital Platform GMV of $910 million to $945 million, representing growth of 40% to 45% year-over-year. Brand Platform GMV of $50 million to $60 million. For full year 2021, the company expects Digital Platform GMV of $3.725 billion to $3.865 billion, representing growth of 35% to 40% year-over-year.
