Try our mobile app

Switch to company model in classical logic    *

General information

Country: BRITAIN

Sector: Internet Retail

Farfetch Limited, through its subsidiary, Farfetch.com Limited, provides an online marketplace for luxury goods in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in three segments: Digital Platform, Brand Platform, and In-Store. The company operates Farfetch.com, an online marketplace, as well as Farfetch app for retailers and brands. It also offers web design, build, development, and retail distribution solutions for retailers and brands. In addition, the company operates two Browns retail stores in London; one Stadium Goods retail store in New York; and two New Guards Off-White stores in Las Vegas and New York. Further, it operates approximately 50 New Guards franchised retail stores. Farfetch Limited was founded in 2007 and is headquartered in London, the United Kingdom.
Website: aboutfarfetch.com



Growth: Bad revenue growth rate -1.2%, there is slowdown compared to average historical growth rates 23.3%. The revenue growth dynamics is moderately stable

Profitability: LTM EBITDA margin is negative, -24.8%. On average the margin is improving steadily. Gross margin is high, +42.5%. In the last quarter the company beat the estimated EPS. The company was ahead of estimated EPS in 80% of quarters (showing a gain of +$0.5 per share on average)

Cash Flow Generation: Dividend yield for the last twelve months 0.0%. Free cash flow yield -401.0% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 2.6% higher than minimum and 90.3% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued 0.9x by EV / Sales multiple , the company can be 43.7% undervalued

Key Financials (Download financials)

Ticker: FTCH
Share price, USD:  (0.0%)0.6428
year average price 0.6428  


year start price 0.6428 2025-02-07

max close price 0.6428 2025-02-07

min close price 0.6428 2025-02-07

current price 0.6428 2026-02-07
Common stocks: 401 891 362

Dividend Yield:  0.0%
EV / Sales: 0.7x
Margin (EBITDA LTM / Revenue): -24.8%
Fundamental value created in LTM:
Market Cap ($m): 258
Net Debt ($m): 1 282
EV (Enterprise Value): 1 540
Price to Book: 0.6x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2024-08-10forbes.com

Despite Monthly Visitors Down, Farfetch Made $460 Million For Coupang This Quarter

2024-02-16Proactive Investors

Farfetch CEO and founder José Neves ousted amid leadership reshuffle

2024-02-10Forbes

Farfetch Hit With Lawsuit And Neiman Marcus Group And Kering Cut Commercial Ties

2023-12-21PYMNTS

Farfetch, Now Matches: Investors Look for Deals Amid Luxury eCommerce Sites

2023-12-19Market Watch

NYSE suspends shares of luxury retailer Farfetch amid liquidation warning

2023-12-19Proactive Investors

Farfetch shareholders will not recover any value from $500M rescue deal, analysts highlight

2023-12-18Proactive Investors

Farfetch sold to South Koreans in eleventh hour rescue

2023-12-14The Motley Fool

Why Farfetch Stock Is Plummeting Again This Week

2023-12-13InvestorPlace

Why Is Farfetch (FTCH) Stock Up 20% Today?

2023-12-13The Motley Fool

Why Farfetch Stock Is Soaring Today
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q2 2023 q1 2022 q4 2022 q3 2021 q4 2020 q4 2019 q4 2018 q4
date 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2021-12-31 2020-12-31 2019-12-31 2018-12-31
symbol FTCH FTCH FTCH FTCH FTCH FTCH FTCH FTCH
reportedCurrency USD USD USD USD USD USD USD USD
cik 0 0 0 2M 0 0 0 0
fillingDate 2023-06-30 2023-03-31 2022-09-30
acceptedDate 2023-06-29 20:00:00 2023-03-30 20:00:00 2022-12-30 19:00:00 2022-09-29 20:00:00 2021-12-30 19:00:00 2020-12-30 19:00:00 2019-12-30 19:00:00 2018-12-30 19:00:00
calendarYear 2023 2023 2022
period Q2 Q1 FY Q3 FY FY FY FY
revenue 572M 556M 2 317M 593M 2 257M 1 674M 1 021M 602M
costOfRevenue 329M 403M 1 294M 327M 1 491M 1 120M 675M 327M
grossProfit 243M 153M 1 023M 267M 765M 554M 346M 275M
grossProfitRatio 0.425 0.275 0.449
researchAndDevelopmentExpenses 24M 29M 227M 0 14M 22M 66M 12M
generalAndAdministrativeExpenses 178M 189M 730M 362M 592M 504M 346M 229M
sellingAndMarketingExpenses 71M 58M 272M 0 292M 199M 151M 97M
sellingGeneralAndAdministrativeExpenses 320M 325M 1 274M 362M 1 276M 1 087M 675M 435M
otherExpenses 127M 0 370M 85M 0 0 0 0
operatingExpenses 471M 325M 1 870M 447M 1 290M 1 109M 741M 447M
costAndExpenses 800M 728M 3 164M 774M 2 781M 2 230M 1 416M 775M
interestIncome 4M 17M 13M 3M 3M 5M 12M 11M
interestExpense 40M 31M 80M 50M 77M 51M 8M 0
depreciationAndAmortization 90M 87M 188M 88M 251M 217M 114M 24M
ebitda -171M -81M -516M -93M 1 802M -363M -251M -150M
ebitdaratio -0.298 -0.145 -0.156
operatingIncome -228M -172M -847M -180M -524M -556M -395M -172M
operatingIncomeRatio -0.399 -0.308 -0.304
totalOtherIncomeExpensesNet -73M -27M 1 188M -95M 1 950M -2 774M 22M 19M
incomeBeforeTax -301M -199M 341M -275M 1 474M -3 330M -373M -153M
incomeBeforeTaxRatio -0.526 -0.357 -0.463
incomeTaxExpense -20M -24M -4M 164 000 3M -14M 1M 2M
netIncome -272M -172M 359M -275M 1 466M -3 333M -385M -156M
netIncomeRatio -0.475 -0.309 -0.463
eps -0.68 -0.43 0.93 -0.71 4.02 -9.69 -1.21 -0.59
epsdiluted -0.68 -0.43 -0.71
weightedAverageShsOut 400M 398M 385M 385M 365M 344M 319M 264M
weightedAverageShsOutDil 402M 398M 466M 385M 472M 344M 319M 264M
link Link Link
finalLink Link Link
filingDate 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
fiscalYear 2022 2021 2020 2019 2018
netInterestIncome -68M -74M -46M 3M 11M
ebit -704M -462M -580M -365M -173M
nonOperatingIncomeExcludingInterest -143M -15M 24M -30M 1M
netIncomeFromContinuingOperations 345M 1 471M -3 316M -374M -156M
netIncomeFromDiscontinuedOperations 0 0 0 0 0
otherAdjustmentsToNetIncome 68 000 0 -73 999 366 000 33 000
netIncomeDeductions 0 0 0 0 0
bottomLineNetIncome 359M 1 466M -3 333M -385M -156M
epsDiluted 0.77 3.1 -9.69 -1.21 -0.59

Balance Sheet Statement

Property 2023 q2 2023 q1 2022 q4 2022 q3 2021 q4 2020 q4 2019 q4 2018 q4
date 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2021-12-31 2020-12-31 2019-12-31 2018-12-31
symbol FTCH FTCH FTCH FTCH FTCH FTCH FTCH FTCH
reportedCurrency USD USD USD USD USD USD USD USD
cik 0 0 0 2M 0 0 0 0
fillingDate 2023-06-30 2023-03-31 2022-09-30
acceptedDate 2023-06-29 20:00:00 2023-03-30 20:00:00 2022-12-30 19:00:00 2022-09-29 20:00:00 2021-12-30 19:00:00 2020-12-30 19:00:00 2019-12-30 19:00:00 2018-12-30 19:00:00
calendarYear 2023 2023 2022
period Q2 Q1 FY Q3 FY FY FY FY
cashAndCashEquivalents 454M 486M 734M 487M 1 363M 1 573M 322M 1 045M
shortTermInvestments 0 0 0 0 100M 0 0 0
cashAndShortTermInvestments 454M 486M 734M 487M 1 463M 1 573M 322M 1 045M
netReceivables 501M 533M 83M 468M 385M 212M 41M 94M
inventory 436M 350M 346M 305M 256M 145M 128M 61M
otherCurrentAssets 37M 24M 374M 11M 315M 182M 142M 57M
totalCurrentAssets 1 428M 1 376M 1 589M 1 271M 2 112M 1 961M 645M 1 199M
propertyPlantEquipmentNet 288M 302M 279M 267M 293M 268M 183M 38M
goodwill 0 0 402M 0 382M 357M 341M 36M
intangibleAssets 1 504M 1 528M 1 146M 0 977M 923M 1 022M 67M
goodwillAndIntangibleAssets 1 504M 1 528M 1 548M 1 636M 1 360M 1 279M 1 363M 103M
longTermInvestments 218M 258M 219M 222M 49M 69M 31M 11M
taxAssets 19M 22M 20M 17M 13M 14M 5M -10M
otherNonCurrentAssets 41M 0 21M 18M 0 0 0 10M
totalNonCurrentAssets 2 070M 2 110M 2 086M 2 160M 1 715M 1 630M 1 583M 152M
otherAssets 0 0 0 0 0 0 0 0
totalAssets 3 498M 3 486M 3 676M 3 430M 3 827M 3 591M 2 228M 1 351M
accountPayables 830M 641M 311M 664M 343M 278M 180M 96M
shortTermDebt 42M 42M 0 36M 0 0 -30M 0
taxPayables 7M 6M 6M 7M 5M 3M 28M 2M
deferredRevenue 7M 6M 50M 0 60M 31M 30M 0
otherCurrentLiabilities 85M 91M 476M 182M 457M 402M 47M 6M
totalCurrentLiabilities 969M 786M 883M 883M 907M 779M 468M 194M
longTermDebt 1 112M 1 101M 893M 721M 516M 618M 0 0
deferredRevenueNonCurrent 0 192M 0 0 181M 165M 0 0
deferredTaxLiabilitiesNonCurrent 0 98M 0 136M 156M 182M 220M 0
otherNonCurrentLiabilities 811M 795M 816M 945M 1 952M 3 688M 321M 29M
totalNonCurrentLiabilities 1 923M 1 896M 1 887M 1 646M 2 649M 4 471M 422M 29M
otherLiabilities 0 0 0 0 0 0 0 0
capitalLeaseObligations 236M 235M 215M 206M 215M 191M 119M 0
totalLiabilities 2 892M 2 682M 2 770M 2 529M 3 556M 5 250M 890M 223M
preferredStock 0 0 0 0 0 0 0 0
commonStock 16M 16M 16M 15M 15M 14M 14M 12M
retainedEarnings -1 460M -1 200M -689M -1 777M -1 202M -2 829M -43M 300M
accumulatedOtherComprehensiveIncomeLoss 998M 147M 920M 849M -366M 59M 319M 44M
othertotalStockholdersEquity 907M 2 469M 1 652M
totalStockholdersEquity 461M 649M 748M 739M 89M -1 827M 1 168M 1 128M
totalEquity 606M 804M 906M 739M 271M -1 659M 1 338M 1 128M
totalLiabilitiesAndStockholdersEquity 3 498M 3 486M 3 268M
minorityInterest 146M 155M 157M 0 182M 169M 170M 0
totalLiabilitiesAndTotalEquity 3 498M 3 486M 3 676M 3 268M 3 827M 3 591M 2 228M 1 351M
totalInvestments 218M 258M 219M 222M 149M 69M 31M 11M
totalDebt 1 153M 1 143M 1 108M 758M 730M 809M 119M 0
netDebt 699M 657M 374M 270M -633M -764M -203M -1 045M
link Link Link
finalLink Link Link
filingDate 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
fiscalYear 2022 2021 2020 2019 2018
accountsReceivables 83M 63M 50M 34M 0
otherReceivables 0 322M 162M 6M 94M
prepaids 52M 20M 14M 12M 34M
totalPayables 317M 348M 281M 180M 96M
otherPayables 6M 10M 6M 0 0
accruedExpenses 2M 8M 38M 192M 92M
capitalLeaseObligationsCurrent 37M 34M 26M 18M 0
capitalLeaseObligationsNonCurrent 178M 181M 165M 101M 0
treasuryStock 0 0 0 0 0
additionalPaidInCapital 1 686M 1 642M 928M 878M 772M
otherTotalStockholdersEquity -1 184M 1 184M 1 184M 784M 784M

Cash Flow Statement

Property 2023 q2 2023 q1 2022 q4 2022 q3 2021 q4 2020 q4 2019 q4 2018 q4
date 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2021-12-31 2020-12-31 2019-12-31 2018-12-31
symbol FTCH FTCH FTCH FTCH FTCH FTCH FTCH FTCH
reportedCurrency USD USD USD USD USD USD USD USD
cik 0 0 0 2M 0 0 0 0
fillingDate 2023-06-30 2023-03-31 2022-09-30
acceptedDate 2023-06-29 20:00:00 2023-03-30 20:00:00 2022-12-30 19:00:00 2022-09-29 20:00:00 2021-12-30 19:00:00 2020-12-30 19:00:00 2019-12-30 19:00:00 2018-12-30 19:00:00
calendarYear 2023 2023 2022
period Q2 Q1 FY Q3 FY FY FY FY
netIncome -271 866 -172M 359M -218M 1 466M -3 333M -385M -156M
depreciationAndAmortization 90 215 87M 333M 85M 251M 217M 114M 24M
deferredIncomeTax 0 -33M -53M 0 73M -259M -97M 29M
stockBasedCompensation 71 124 49 310 244 856 0 196 167 291 633 178 234 54M
changeInWorkingCapital -86 776 -112M -338 425 -91M -248M 376M 44M -25M
accountsReceivables 9359 -18M -105 977 0 -165M -16M -51M -72M
inventory -88 002 1M -85 610 -16M -105M -16M -30M -10M
accountsPayables 193M -89M -74M 0 115M 280M 114M 57M
otherWorkingCapital -193M -7M 73M -75M -93M 128M 11M -2M
otherNonCashItems 245 185 315M -1 193M 103M -1 125M 2 991M 302M 122M
netCashProvidedByOperatingActivities 47 882 -162M -554M -121M -312M 65M -120M -107M
investmentsInPropertyPlantAndEquipment -5856 -47M -22 191 -49M -197M -121M -112M -72M
acquisitionsNet 0 -5M -73 860 -4M 454M -12M -461M 0
purchasesOfInvestments -575 588 0 -210M -3M -110M -3M -21M -288 000
salesMaturitiesOfInvestments 0 0 101M 100M 302M 106M 544M 0
otherInvestingActivites 526 827 -15M 2M
netCashUsedForInvestingActivites -54 618 -67M 46M
debtRepayment -1M -12M -7M
commonStockIssued 0 0 0
commonStockRepurchased 0 0 0 0 0 0 0 0
dividendsPaid 0 0 0
otherFinancingActivites 990 674 0 -2M
netCashUsedProvidedByFinancingActivities -39 619 -12M -9M
effectOfForexChangesOnCash 14 255 -7457 -4957 -4M -2625 6278 3037 -19M
netChangeInCash -32 100 -248M -628 907 -88M -210M 1 251M -722M 661M
cashAtEndOfPeriod 453 820 486M 734 221 487M 1 363M 1 573M 322M 1 045M
cashAtBeginningOfPeriod 485 920 734M 1M 576M 1 573M 322M 1 045M 384M
operatingCashFlow 47 882 -162M -536 598 -121M -312M 65M -120M -107M
capitalExpenditure -5856 -47M -22 191 -49M -197M -121M -112M -72M
freeCashFlow 42 026 -209M -558 789 -170M -509M -56M -233M -179M
link Link Link
finalLink Link Link
filingDate 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
fiscalYear 2022 2021 2020 2019 2018
otherInvestingActivities 108M -274 507 -93 786 -82 300 -42M
netCashProvidedByInvestingActivities -344 336 148M -136M -595M -72M
netDebtIssuance 302 675 0 1 242M -19M 0
longTermNetDebtIssuance 302 675 0 1 242M -19M 0
shortTermNetDebtIssuance -302M 0 0 0 0
netStockIssuance 0 37M 113M 0 0
netCommonStockIssuance 0 37M 113M 0 0
commonStockIssuance 3M 37M 113M 9M 860M
netPreferredStockIssuance 0 0 0 0 0
netDividendsPaid 0 0 0 0 0
commonDividendsPaid 0 0 0 0 0
preferredDividendsPaid 0 0 0 0 0
otherFinancingActivities 283M -80M -40M 9M 860M
netCashProvidedByFinancingActivities 284M -44M 1 315M -10M 860M
incomeTaxesPaid 0 0 0 0 0
interestPaid 0 0 0 0 0

Earning call transcript

2023 q2
2023-08-17 ET (fiscal 2023 q2)
2023 q1
2023-05-18 ET (fiscal 2023 q1)
2022 q4
2023-02-23 ET (fiscal 2022 q4)
2022 q3
2022-11-17 ET (fiscal 2022 q3)
2022 q2
2022-08-25 ET (fiscal 2022 q2)
2022 q1
2022-05-26 ET (fiscal 2022 q1)

SEC forms

Show financial reports only

SEC form 6
2024-01-31 08:00 ET
Farfetch Limited published news for 2023 q4
SEC form 6
2023-12-19 19:23 ET
Farfetch Limited published news for 2023 q3
SEC form 6
2023-12-19 19:23 ET
Farfetch Limited published news for 2023 q3
SEC form 6
2023-12-18 11:34 ET
Farfetch Limited published news for 2023 q3
SEC form 6
2023-12-18 11:34 ET
Farfetch Limited published news for 2023 q3
SEC form 6
2023-12-06 16:30 ET
Farfetch Limited published news for 2023 q3
SEC form 6
2023-10-17 16:07 ET
Farfetch Limited published news for 2023 q3
SEC form 6
2023-08-17 16:15 ET
Farfetch Limited published news for 2023 q2
SEC form 6
2023-08-17 16:07 ET
Farfetch Limited reported for 2023 q2
SEC form 6
2023-08-01 16:10 ET
Farfetch Limited published news for 2023 q2
SEC form 6
2023-05-18 16:15 ET
Farfetch Limited published news for 2023 q1
SEC form 6
2023-05-18 16:07 ET
Farfetch Limited reported for 2023 q1
SEC form 6
2023-03-08 16:07 ET
Farfetch Limited published news for 2022 q4
SEC form 20
2023-03-08 00:00 ET
Farfetch Limited published news for 2022 q4
SEC form 6
2023-02-23 16:15 ET
Farfetch Limited published news for 2022 q4
SEC form 6
2023-02-23 16:08 ET
Farfetch Limited reported for 2022 q4
SEC form 6
2022-12-01 09:15 ET
Farfetch Limited published news for 2022 q3
SEC form 6
2022-11-17 16:08 ET
Farfetch Limited published news for 2022 q3
SEC form 6
2022-10-21 16:31 ET
Farfetch Limited published news for 2022 q3
SEC form 6
2022-10-20 16:31 ET
Farfetch Limited published news for 2022 q3
SEC form 6
2022-09-28 12:20 ET
Farfetch Limited published news for 2022 q2
SEC form 6
2022-09-20 08:56 ET
Farfetch Limited published news for 2022 q2
SEC form 6
2022-08-25 16:10 ET
Farfetch Limited reported for 2022 q2
SEC form 6
2022-08-24 06:11 ET
Farfetch Limited published news for 2022 q2
SEC form 6
2022-05-26 16:09 ET
Farfetch Limited reported for 2022 q1
SEC form 6
2022-04-05 06:30 ET
Farfetch Limited published news for 2022 q1
SEC form 6
2022-03-04 09:12 ET
Farfetch Limited reported for 2021 q4
SEC form 20
2022-03-04 00:00 ET
Farfetch Limited published news for 2021 q4
SEC form 6
2022-02-24 16:08 ET
Farfetch Limited published news for 2021 q4
SEC form 6
2021-11-26 07:26 ET
Farfetch Limited published news for 2021 q3
SEC form 6
2021-11-18 17:20 ET
Farfetch Limited published news for 2021 q3
SEC form 6
2021-11-18 16:07 ET
Farfetch Limited published news for 2021 q3
SEC form 6
2021-11-12 09:09 ET
Farfetch Limited published news for 2021 q3
SEC form 6
2021-10-08 16:06 ET
Farfetch Limited published news for 2021 q3
SEC form 6
2021-08-19 16:08 ET
Farfetch Limited published news for 2021 q2
SEC form 6
2021-08-02 16:30 ET
Farfetch Limited published news for 2021 q2
SEC form 6
2021-05-28 08:04 ET
Farfetch Limited published news for 2021 q1
SEC form 6
2021-05-13 16:08 ET
Farfetch Limited reported for 2021 q1
SEC form 6
2021-03-04 16:08 ET
Farfetch Limited published news for 2020 q4
SEC form 6
2021-02-25 16:07 ET
Farfetch Limited reported for 2020 q4
SEC form 6
2020-12-16 06:14 ET
Farfetch Limited published news for 2020 q3
SEC form 6
2020-11-12 16:09 ET
Farfetch Limited published news for 2020 q3
SEC form 6
2020-11-05 16:30 ET
Farfetch Limited published news for 2020 q3