Farfetch Ltd - Understand $ftchq stock

$FTCHQ Market Cap: $395.00

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Financial Snapshot

Revenue

$2.351B

TTM

Gross Margin

42.93%

TTM

Net Earnings

-$889.3M

TTM

Current Assets

$1.428B

Q2 2023

Current Liabilities

$969.3M

Q2 2023

Current Ratio

147.36%

Q2 2023

Total Assets

$3.498B

Q2 2023

Total Liabilities

$3.037B

Q2 2023

Book Value

$460.6M

Q2 2023

Cash

$453.8M

Q2 2023

P/E

-0.0000004442

Sep 18, 2024 EST

Free Cash Flow

-$341.3M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$2.317B	$2.257B	$1.674B	$1.021B	$602.4M	$386.0M	$242.1M	$142.3M
YoY Change	2.66%	34.81%	63.95%	69.49%	56.06%	59.44%	70.13%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$2.317B	$2.257B	$1.674B	$1.021B	$602.4M	$386.0M	$242.1M	$142.3M
Cost Of Revenue	$1.294B	$1.240B	$903.0M	$561.2M	$303.9M	$181.2M	$125.2M	$69.70M
Gross Profit	$1.023B	$1.017B	$770.9M	$459.8M	$298.5M	$204.8M	$116.9M	$72.60M
Gross Profit Margin	44.17%	45.05%	46.05%	45.03%	49.55%	53.06%	48.29%	51.02%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2022	2021	2020	2019	2018	2017	2016	2015
Selling, General & Admin	$1.734B	$1.211B	$1.109B	$776.4M	$448.2M	$288.3M	$198.7M	$127.0M
YoY Change	43.15%	9.16%	42.89%	73.23%	55.46%	45.09%	56.46%
% of Gross Profit	169.43%	119.14%	143.91%	168.86%	150.15%	140.77%	169.97%	174.93%
Research & Development	$10.31K	$13.60M	$22.48M
YoY Change	-99.92%	-39.52%
% of Gross Profit	0.0%	1.34%	2.92%
Depreciation & Amortization	$332.8M	$251.2M	$217.3M	$113.6M	$23.50M	$10.90M	$6.900M	$3.100M
YoY Change	32.49%	15.6%	91.29%	383.4%	115.6%	57.97%	122.58%
% of Gross Profit	32.53%	24.71%	28.19%	24.71%	7.87%	5.32%	5.9%	4.27%
Operating Expenses	$1.734B	$1.462B	$1.327B	$890.0M	$471.8M	$299.2M	$205.6M	$130.1M
YoY Change	18.56%	10.22%	49.06%	88.64%	57.69%	45.53%	58.03%
Operating Profit	-$710.4M	-$445.7M	-$555.7M	-$430.2M	-$173.3M	-$94.40M	-$88.70M	-$57.50M
YoY Change	59.39%	-19.79%	29.17%	148.24%	83.58%	6.43%	54.26%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	$1.217B	$1.950B	-$2.725B	$42.00M	$16.00M	-$18.00M	$7.500M	-$4.400M
YoY Change	-37.6%	-171.58%	-6587.86%	162.5%	-188.89%	-340.0%	-270.45%
% of Operating Profit
Other Income/Expense, Net	-$28.50M	-$531.0K	-$2.800M	-$4.800M	$3.900M	$300.0K	-$100.0K	$100.0K
YoY Change	5267.23%	-81.04%	-41.67%	-223.08%	1200.0%	-400.0%	-200.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2022	2021	2020	2019	2018	2017	2016	2015
Pretax Income	$341.3M	$1.474B	-$3.348B	-$372.5M	-$153.4M	-$112.1M	-$81.30M	-$61.70M
YoY Change	-76.84%	-144.02%	798.66%	142.83%	36.84%	37.88%	31.77%
Income Tax	-$3.500M	$3.002M	-$14.40M	$1.200M	$2.200M	$200.0K	$200.0K	-$600.0K
% Of Pretax Income	-1.03%	0.2%
Net Earnings	$344.9M	$1.466B	-$3.351B	-$385.3M	-$155.6M	-$112.3M	-$81.40M	-$60.40M
YoY Change	-76.48%	-143.77%	769.61%	147.62%	38.56%	37.96%	34.77%
Net Earnings / Revenue	14.89%	64.99%	-200.17%	-37.74%	-25.83%	-29.09%	-33.62%	-42.45%
Basic Earnings Per Share
Diluted Earnings Per Share	$0.77	$3.105M	-$9.746M	-$1.209M	-$518.8K	-$383.4K	-$277.9K	-$206.2K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments	$734.2M	$1.463B	$1.573B	$322.4M	$1.045B	$384.0M	$150.0M
YoY Change	-49.82%	-7.01%	388.03%	-69.14%	172.08%	156.0%
Cash & Equivalents	$734.2M	$1.363B	$1.573B	$322.4M	$1.045B	$384.0M	$150.0M
Short-Term Investments	$0.00	$99.97M	$0.00
Other Short-Term Assets	$61.90M	$32.67M	$42.30M	$23.10M	$35.00M	$7.600M	$5.500M
YoY Change	89.45%	-22.76%	83.12%	-34.0%	360.53%	38.18%
Inventory	$346.0M	$255.7M	$145.3M	$128.1M	$61.00M	$50.60M	$13.60M
Prepaid Expenses
Receivables	$89.90M	$63.05M	$49.80M	$34.40M
Other Receivables	$357.5M	$297.2M	$150.2M	$137.3M
Total Short-Term Assets	$1.589B	$2.112B	$1.961B	$645.3M	$1.199B	$452.8M	$180.9M
YoY Change	-24.73%	7.68%	203.89%	-46.2%	164.89%	150.3%
Property, Plant & Equipment	$278.8M	$292.6M	$268.3M	$183.2M	$37.50M	$26.70M	$15.80M
YoY Change	-4.72%	9.06%	46.45%	388.53%	40.45%	68.99%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$219.1M	$18.01M	$10.60M	$18.70M	$700.0K	$300.0K	$0.00
YoY Change	1116.82%	69.87%	-43.32%	2571.43%	133.33%
Other Assets	$19.60M	$13.33M	$13.60M	$5.300M
YoY Change	46.99%	-1.96%	156.6%
Total Long-Term Assets	$2.087B	$1.715B	$1.630B	$1.583B	$152.0M	$110.3M	$64.10M
YoY Change	21.67%	5.21%	2.99%	941.18%	37.81%	72.07%
Total Assets	$3.676B	$3.827B	$3.591B	$2.228B	$1.351B	$563.1M	$245.0M
YoY Change
Accounts Payable	$311.0M	$342.9M	$277.8M	$180.3M	$102.4M	$80.60M	$58.40M
YoY Change	-9.31%	23.45%	54.08%	76.07%	27.05%	38.01%
Accrued Expenses	$315.4M	$320.0M	$263.9M	$179.7M	$89.90M	$54.70M	$25.00M
YoY Change	-1.44%	21.26%	46.86%	99.89%	64.35%	118.8%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$37.00M	$33.59M	$26.10M	$18.50M		$0.00	$2.700M
YoY Change	10.14%	28.71%	41.08%			-100.0%
Total Short-Term Liabilities	$882.9M	$907.3M	$778.7M	$468.0M	$194.2M	$155.9M	$89.40M
YoY Change	-2.68%	16.51%	66.39%	140.99%	24.57%	74.38%
Long-Term Debt	$1.071B	$696.7M	$800.5M	$100.8M	$0.00	$0.00	$17.30M
YoY Change	53.71%	-12.96%	694.15%			-100.0%
Other Long-Term Liabilities	$689.1M	$1.796B	$3.505B	$101.4M	$28.80M	$10.30M	$19.40M
YoY Change	-61.63%	-48.76%	3356.8%	252.08%	179.61%	-46.91%
Total Long-Term Liabilities	$1.760B	$2.493B	$4.306B	$202.2M	$28.80M	$10.30M	$36.70M
YoY Change	-29.39%	-42.11%	2029.43%	602.08%	179.61%	-71.93%
Total Liabilities	$2.928B	$3.738B	$5.436B	$1.060B	$223.0M	$166.2M	$126.1M
YoY Change	-21.68%	-31.23%	412.64%	375.47%	34.18%	31.8%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2022	2021	2020	2019	2018	2017	2016	2015
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $395.00

About Farfetch Ltd

Farfetch Ltd. engages in the provision of technology platform for the luxury fashion industry. The firm connects customers in over 190 countries and territories with items from more than 50 countries and over 1,400 of the world’s brands, boutiques, and department stores. Its Digital Platform segment activities include the Farfetch Marketplace, FPS, BrownsFashion.com, StadiumGoods.com, VioletGrey.com, Luxclusif, Farfetch Future Retail and any other online sales channel operated by the Company, including the respective Websites of the brands in the New Guards portfolio. Digital Platform segment also includes direct-to-consumer sales of owned product, referred to as first-party sales. Its Brand Platform segment consists of production and wholesale distribution of brands owned and licensed by New Guards and includes franchised store operations. Its In-Store segment covers the activities of stores it operates, including Browns, Stadium Goods, Violet Grey, and certain brands in the New Guards portfolio.

Industry: Services-Business Services, NEC Peers: Cazoo Group Ltd