Announcement • Mar 12
Farm Pride Foods Limited (ASX:FRM) announces an Equity Buyback. Farm Pride Foods Limited (ASX:FRM) announces a share repurchase program. Under the offer, the company will repurchase up its own shares. The shares will be repurchased from the shareholders who hold less than AUD 500 worth of shares. The shares will be repurchased at 5 day Volume Weighted Average Price of Shares (VWAP) prior to and including the closing date. The repurchased shares will be cancelled. The program will be funded from company's existing liquidity. The record date for the offer is March 11, 2026. The offer will be valid till April 28, 2026. Reported Earnings • Mar 03
First half 2026 earnings released: EPS: AU$0.036 (vs AU$0.008 in 1H 2025) First half 2026 results: EPS: AU$0.036 (up from AU$0.008 in 1H 2025). Revenue: AU$63.0m (up 46% from 1H 2025). Net income: AU$8.30m (up 409% from 1H 2025). Profit margin: 13% (up from 3.8% in 1H 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 142% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. New Risk • Feb 07
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 Australian stocks, typically moving 13% 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (AU$55.4m market cap, or US$38.9m). Recent Insider Transactions • Jan 17
Non-Executive Chairman recently bought AU$1.3m worth of stock On the 14th of January, George Palatianos bought around 6m shares on-market at roughly AU$0.20 per share. This transaction amounted to 9.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. George has been a buyer over the last 12 months, purchasing a net total of AU$1.4m worth in shares. Recent Insider Transactions • Dec 10
Non-Executive Chairman recently bought AU$77k worth of stock On the 3rd of December, George Palatianos bought around 396k shares on-market at roughly AU$0.19 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. George has been a buyer over the last 12 months, purchasing a net total of AU$89k worth in shares. Announcement • Oct 01
Farm Pride Foods Limited, Annual General Meeting, Oct 08, 2025 Farm Pride Foods Limited, Annual General Meeting, Oct 08, 2025. Reported Earnings • Aug 29
Full year 2025 earnings released: EPS: AU$0.032 (vs AU$0.016 loss in FY 2024) Full year 2025 results: EPS: AU$0.032 (up from AU$0.016 loss in FY 2024). Revenue: AU$99.6m (up 2.6% from FY 2024). Net income: AU$6.66m (up AU$9.00m from FY 2024). Profit margin: 6.7% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. New Risk • Jul 18
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 Australian stocks, typically moving 13% 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. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (AU$66.9m market cap, or US$43.7m). New Risk • Oct 10
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: AU$100k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Significant insider selling over the past 3 months (AU$100k sold). Market cap is less than US$100m (AU$25.0m market cap, or US$16.8m). New Risk • Sep 13
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 51% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Minor Risk Market cap is less than US$100m (AU$26.1m market cap, or US$17.5m). Announcement • Sep 13
Farm Pride Foods Limited, Annual General Meeting, Nov 20, 2024 Farm Pride Foods Limited, Annual General Meeting, Nov 20, 2024. Reported Earnings • Aug 31
Full year 2024 earnings released: AU$0.016 loss per share (vs AU$0.099 loss in FY 2023) Full year 2024 results: AU$0.016 loss per share (improved from AU$0.099 loss in FY 2023). Revenue: AU$101.9m (up 23% from FY 2023). Net loss: AU$2.35m (loss narrowed 74% from FY 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. New Risk • Aug 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 29% per year over the past 5 years. Market cap is less than US$10m (AU$14.8m market cap, or US$9.69m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (8.0% increase in shares outstanding). Announcement • Jun 13
Farm Pride Foods Limited has filed a Follow-on Equity Offering in the amount of AUD 6.165337 million. Farm Pride Foods Limited has filed a Follow-on Equity Offering in the amount of AUD 6.165337 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 61,653,367
Price\Range: AUD 0.1
Discount Per Security: AUD 0.006
Transaction Features: Rights Offering New Risk • Apr 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$15.1m (US$9.69m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 29% per year over the past 5 years. Market cap is less than US$10m (AU$15.1m market cap, or US$9.69m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). New Risk • Apr 04
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 Australian stocks, typically moving 13% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$18.0m market cap, or US$11.8m). New Risk • Feb 09
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 Australian stocks, typically moving 12% 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. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.9m free cash flow). Earnings have declined by 46% per year over the past 5 years. Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$20.1m market cap, or US$13.1m). New Risk • Oct 06
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 Australian stocks, typically moving 12% 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. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.9m free cash flow). Earnings have declined by 46% per year over the past 5 years. Shareholders have been substantially diluted in the past year (161% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$17.3m market cap, or US$11.0m). Recent Insider Transactions • Sep 17
Non-Executive Chairman recently bought AU$50k worth of stock On the 8th of September, George Palatianos bought around 401k shares on-market at roughly AU$0.12 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. George has been a buyer over the last 12 months, purchasing a net total of AU$74k worth in shares. Reported Earnings • Aug 31
Full year 2023 earnings released: AU$0.099 loss per share (vs AU$0.36 loss in FY 2022) Full year 2023 results: AU$0.099 loss per share (improved from AU$0.36 loss in FY 2022). Revenue: AU$82.8m (up 12% from FY 2022). Net loss: AU$9.11m (loss narrowed 54% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. New Risk • Aug 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$5.1m free cash flow). Earnings have declined by 61% per year over the past 5 years. Shareholders have been substantially diluted in the past year (161% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (AU$17.3m market cap, or US$11.2m). Reported Earnings • Mar 01
First half 2023 earnings released: AU$0.14 loss per share (vs AU$0.048 loss in 1H 2022) First half 2023 results: AU$0.14 loss per share (further deteriorated from AU$0.048 loss in 1H 2022). Revenue: AU$38.2m (flat on 1H 2022). Net loss: AU$7.43m (loss widened 183% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. Board Change • Feb 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Chairman Roland Roccioletti was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 17
Farm Pride Foods Limited Announces Resignation of Robin Donohue as Company Secretary Farm Pride Foods Limited announces that Robin Donohue has resigned as Company Secretary effective immediately. In the interim period Bruce De Lacy will act as Company Secretary for Farm Pride Foods Ltd. Announcement • Dec 01
Farm Pride Foods Limited Announces CFO Changes Farm Pride Foods Limited announced that Chief Financial Officer ("CFO") Robin Donohue has resigned from the Company. Harris Baig an experienced financial professional and CPA, currently employed as the Company's Finance Manager, will act as Interim CFO while the Company identifies a suitable replacement. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Chairman Roland Roccioletti was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 14
Farm Pride Foods Limited, Annual General Meeting, Nov 17, 2022 Farm Pride Foods Limited, Annual General Meeting, Nov 17, 2022, at 13:00 AUS Eastern Standard Time. Agenda: To consider the Financial Report, Directors' Report and Auditors' Report for Farm Pride Foods Ltd and the entities it controlled at the end of, or during, the year ended 30 June 2022; to consider re-election of Bruce De Lacy as a Director; to consider election of Beth Mathison as a Director; to consider election of Roland Roccioletti as a Director; and to adopt the Remuneration Report (which forms part of the Directors Report) for the year ended 30 June 2022. Board Change • Sep 28
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Chairman Roland Roccioletti was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 27
Farm Pride Foods Limited Announces Executive Changes Farm Pride Foods Limited announced that Chief Executive Officer Daryl Bird has resigned from the Company. The key terms of the separation arrangements for Daryl are summarised 3 months' notice period in accordance with Mr. Bird's employment contract. $320,000 per annum, pro-rata for the term of his appointment as Interim Managing Director. Two weeks notice period. Announcement • Sep 15
Farm Pride Foods Limited Announces Management Changes Farm Pride Foods Limited announced that due to family commitments, Mr. Peter Bell has stepped down as Chair of the Board effective close of business 15 September 2022. Mr. Bell will continue as a Non-executive Director until the AGM in November 2022. Mr. Roland Roccioletti, Non-executive Director has been appointed Independent Chair to replace Mr. Bell. Peter has been a director since 2008 and his knowledge and experience within the broader egg industry has played an important part for the business. Reported Earnings • Sep 01
Full year 2022 earnings released: AU$0.36 loss per share (vs AU$0.22 loss in FY 2021) Full year 2022 results: AU$0.36 loss per share (down from AU$0.22 loss in FY 2021). Revenue: AU$76.6m (up 4.4% from FY 2021). Net loss: AU$19.8m (loss widened 65% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Announcement • Aug 25
Farm Pride Foods Limited Announces Executive Changes Farm Pride Foods Limited announced the appointment of Ms. Beth Mathison and Mr. Roland Roccioletti as Nonexecutive Directors with effect from 25 August 2022. Ms. Mathison has more than 35 years' Executive Management and Director experience in Australia, the UK and Asia. She has worked across a range of industry sectors including Telecommunications, Logistics, Aquaculture, Hospitality, Tourism, Manufacturing and Retail. Ms. Mathison has held nonexecutive director positions across commercial and not for profit organizations. She is a Fellow of AICD, IML and GIA and in 2015. Mr. Roccioletti GAICD, ESCI is a professional board director and graduate of the Australian Institute of Company Directors. Mr. Roccioletti has over 25 years corporate advisory experience in company growth, leadership, research, economic development, finance, digital transformation, business turnarounds, mergers and acquisitions. He is a former CEO and Managing Director influencing Australia's economic credentials across global industrial, commercial, FMCG, packaging, agriculture, wine, dairy, education, not for profit, tourism and racing. Mr. Bruce De Lacy, Nonexecutive Director and Company Secretary has resigned as Company Secretary with Mr. Robin Donohue the Farm Pride CFO appointed Company Secretary, also with effect from 25 August 2022. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Company Secretary & Independent Non Executive Director Gravin De Lacy was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 29
Full year 2021 earnings released: AU$0.22 loss per share (vs AU$0.039 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: AU$77.0m (down 15% from FY 2020). Net loss: AU$12.0m (loss widened 452% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 40 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 03
First half 2021 earnings released: AU$0.092 loss per share (vs AU$0.014 loss in 1H 2020) The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: AU$42.1m (down 8.0% from 1H 2020). Net loss: AU$5.09m (loss widened AU$4.34m from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 79% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 17
New 90-day high: AU$0.26 The company is up 13% from its price of AU$0.23 on 18 November 2020. The Australian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is flat over the same period. Announcement • Jan 14
Farm Pride Foods Limited, Annual General Meeting, Feb 22, 2021 Farm Pride Foods Limited, Annual General Meeting, Feb 22, 2021, at 13:00 AUS Eastern Standard Time. Agenda: To consider and receive the Financial Report, Directors' Report and Auditors' Report for Farm Pride Foods Ltd and the entities it controlled at the end of, or during, the year ended 30 June 2020; to propose re-election of directors; and to consider remuneration report. Is New 90 Day High Low • Nov 17
New 90-day high: AU$0.24 The company is up 20% from its price of AU$0.20 on 19 August 2020. The Australian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is up 7.0% over the same period. Reported Earnings • Oct 17
Full year earnings released Over the last 12 months the company has reported total losses of AU$2.17m, with losses narrowing by 44% from the prior year. Total revenue was AU$90.2m over the last 12 months, up 4.5% from the prior year. Announcement • Aug 10
Farm Pride Foods Limited to Report Fiscal Year 2020 Results on Aug 31, 2020 Farm Pride Foods Limited announced that they will report fiscal year 2020 results at 5:04 AM, GMT Standard Time on Aug 31, 2020