Top Page
Duxton Farms Limited
(Sydney:DBF)
Duxton Farms Limited (DBF) vs. iShares MSCI Australia ETF (EWA)
Duxton Farms Limited Business Overview & Revenue Model
Duxton Farms Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 25.95M | 20.05M | 24.08M | 7.30M | 16.64M | 17.84M |
| Gross Profit | 4.69M | 2.33M | 10.98M | -5.86M | 4.08M | 8.57M |
| EBITDA | -6.66M | 0.00 | 0.00 | -12.47M | -2.30M | 3.48M |
| Net Income | 733.00K | -12.51M | 5.19M | -10.09M | -3.17M | 1.41M |
Balance Sheet | ||||||
| Total Assets | 169.36M | 169.37M | 189.01M | 183.58M | 160.44M | 125.90M |
| Cash, Cash Equivalents and Short-Term Investments | 2.58M | 23.28M | 28.62M | 13.00K | 12.00K | 3.59M |
| Total Debt | 32.78M | 42.48M | 43.15M | 58.17M | 34.89M | 26.82M |
| Total Liabilities | 53.10M | 70.99M | 69.15M | 75.27M | 52.85M | 38.65M |
| Stockholders Equity | 116.27M | 98.38M | 119.86M | 108.31M | 107.59M | 87.25M |
Cash Flow | ||||||
| Free Cash Flow | -13.33M | -25.04M | -23.27M | -19.18M | -8.79M | -12.47M |
| Operating Cash Flow | -6.19M | -6.60M | -5.26M | -12.45M | -6.40M | 3.60M |
| Investing Cash Flow | 56.13M | 11.67M | 49.22M | -7.96M | -3.99M | 7.71M |
| Financing Cash Flow | -41.95M | -11.73M | -3.87M | 14.24M | 1.49M | -7.74M |
Duxton Farms Limited Technical Analysis
Duxton Farms Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Neutral | AU$19.17M | 9.81 | 14.00% | ― | 18.35% | 55.88% | |
66 Neutral | AU$46.16M | 6.62 | 29.12% | ― | 2.63% | ― | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
55 Neutral | AU$124.50M | 12.42 | 8.91% | ― | 4.34% | ― | |
43 Neutral | AU$92.13M | -2.83 | -11.46% | 29.49% | -16.73% | -343.82% | |
37 Underperform | AU$1.23M | -1.19 | -130.24% | ― | 17.85% | 52.81% |
Duxton Farms Limited Corporate Events
Duxton Farms Limited has provided an updated notification to the ASX confirming ongoing on‑market buy-backs of its ordinary fully paid shares as part of a previously announced program. As of 19 December 2025, the company reported that it had repurchased a cumulative total of 5,733 shares prior to the previous trading day and a further 6,144 shares on the previous day, signalling continued execution of its capital management strategy and a potential effort to enhance shareholder value through reducing the number of shares on issue.
Duxton Farms Limited has announced an update regarding its ongoing on-market buy-back program. The company reported that it bought back 5,733 ordinary fully paid securities on the previous day, marking its first buy-back activity since the initial notification on December 11, 2025. This move is part of Duxton Farms’ strategy to manage its capital structure and potentially enhance shareholder value.
Duxton Farms Limited has announced an update to its on-market buy-back program, specifically changing the maximum number of securities proposed to be bought back. This announcement serves as a correction to a previous notification made on the same day, indicating a strategic adjustment in their buy-back plan. The update may impact the company’s stock liquidity and shareholder value, reflecting Duxton Farms’ ongoing efforts to manage its capital structure effectively.
Duxton Farms Limited has announced an on-market buy-back of its ordinary fully paid securities, as per the notification released on December 11, 2025. This strategic move is likely aimed at optimizing the company’s capital structure and potentially enhancing shareholder value, reflecting a proactive approach in managing its financial resources.
Duxton Farms Limited has announced the initiation of an on-market share buyback program, a strategy it has employed throughout its history as a listed company. This move aims to enhance shareholder value and improve market liquidity, as the current share price is perceived to be undervalued relative to the company’s long-term economic prospects. The buyback allows the company to repurchase up to 10% of its issued capital within a 12-month period without requiring shareholder approval, although there is no guarantee that the full amount will be purchased. Shaw and Partners Limited has been appointed as the broker for this initiative.
Duxton Farms Limited announced a change in the director’s interest, with Stephen Duerden’s indirect interest in the company increasing through Duxton Capital Investments Pty Ltd. This change, involving the acquisition of 30,000 fully paid ordinary shares, reflects a strategic move that could impact the company’s governance and shareholder dynamics.
Duxton Farms Ltd has announced the sale of its ‘Merriment’ property for AU$5.1 million to a private buyer, which includes significant water entitlements. This sale aligns with the company’s strategy to rotate capital from broadacre farms to higher-return opportunities, demonstrating a proactive approach to enhancing shareholder value.
Duxton Farms Limited held its 2025 Annual General Meeting where shareholders voted on several key resolutions. The resolutions included the adoption of the remuneration report, re-election of a director, approval of previous share issues, increase in non-executive directors’ remuneration, and approval of equity securities issuance. Notably, the adoption of the remuneration report faced significant opposition, marking a first strike under the Corporations Act 2001, while the re-election of the director and approval of previous share issues were carried with strong support.
Duxton Farms Limited has announced the issuance of 1,064,818 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code DBF. This move is part of previously announced transactions, potentially enhancing the company’s liquidity and market presence, thereby impacting its operational strategy and stakeholder interests.
Duxton Farms Limited has successfully completed its Share Purchase Plan (SPP), raising approximately A$889k through the issuance of 1,064,818 new fully paid ordinary shares. The funds, along with existing resources, will be used to advance strategic initiatives, including the expansion of a pistachio orchard, development of agricultural precincts, and acquisition of water entitlements. This move is expected to strengthen the company’s operational capabilities and market positioning.
Duxton Farms Limited has announced that its upcoming Annual General Meeting will be available via an online webcast on November 28th. The webcast will not support voting, questions, or comments, but stakeholders can submit inquiries in advance via email. This move to an online format reflects the company’s adaptation to digital engagement, potentially broadening participation and accessibility for stakeholders who cannot attend in person.
Duxton Farms Limited has initiated the dispatch of its Share Purchase Plan (SPP) booklet, offering eligible shareholders the chance to acquire equity at a discounted rate compared to the recent placement price. This move aims to mitigate dilution effects from a strategic merger and placement, allowing shareholders to partake in the company’s growth. The SPP could result in the issuance of up to 30% of the existing fully paid ordinary shares, with the offer open to shareholders in specified regions, excluding the United States.
Duxton Farms Limited announced a change in the director’s interest, with Edouard Peter acquiring additional shares both directly and indirectly through various entities. This move, involving on-market trades and merger shares, reflects strategic positioning within the company, potentially impacting its market standing and shareholder value.
Duxton Farms Limited has announced a change in the director’s interest notice, specifically concerning Stephen Duerden. The change involves the acquisition of 3,827,442 fully paid ordinary shares by Duxton Capital Investments Pty Ltd, where Mr. Duerden is a director, as part of a merger. This acquisition increases the total indirect holdings of Duxton Capital Investments Pty Ltd to 4,227,530 shares, reflecting a significant shift in the director’s interest and potentially impacting the company’s shareholder structure.
Duxton Farms Limited has announced the successful completion of a strategic merger with four private companies and a fully underwritten conditional placement raising approximately A$4,548,000. The merger involves Duxton Bees Pty Ltd, Duxton Dried Fruits Pty Ltd, Duxton Dairies (Cobram) Pty Ltd, and Duxton Orchards Pty Ltd, and aims to consolidate Duxton Farms’ position in the agricultural sector. The company issued 3,638,400 new shares to institutional investors and 56,997,458 shares as scrip consideration for the merger, alongside 13,606 shares as employee bonuses. This move is expected to enhance operational synergies and expand Duxton Farms’ market presence.
Duxton Farms Limited announced the quotation of 3,638,400 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code DBF, effective October 31, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the company’s capital base and visibility in the market.
Duxton Farms Limited has announced a proposed issue of securities under a securities purchase plan, intending to issue up to 13,624,592 fully paid ordinary shares. This move is part of the company’s strategy to raise capital, potentially impacting its financial position and market operations by providing additional resources for growth and development.
Duxton Farms Limited has successfully settled a fully underwritten placement, raising A$4,548,000 through the issuance of 3,638,400 new shares. The funds will support strategic objectives including a merger and development projects. Additionally, the company will offer a Share Purchase Plan (SPP) to eligible shareholders in select countries, allowing them to purchase new shares at a discounted rate. The SPP is not underwritten, and the company retains the right to adjust its size or scale-back applications.
Duxton Farms Limited has announced the application for quotation of 56,997,458 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code DBF. This move is part of a previously announced transaction, potentially impacting the company’s market presence and offering new opportunities for stakeholders.
Duxton Farms Limited has successfully completed a strategic merger with four Australian private companies, enhancing its portfolio in walnuts, dried fruits, orchards, and bees. This merger positions Duxton Farms to capitalize on new opportunities and strengthens its strategic objectives. The company is also considering selling certain assets acquired through the merger, which could further impact its operations and market positioning.
Duxton Farms Limited has announced a change in its substantial holding status, as Regal Funds Management Pty Ltd and its associates have ceased to be substantial holders. This change involves a series of transactions in voting securities, reflecting a significant shift in the company’s shareholder structure, which may impact its market position and stakeholder interests.
Duxton Farms Limited has announced its Annual General Meeting (AGM) scheduled for 28 November 2025 at the Adelaide Convention Centre. Shareholders can participate in the meeting either in person or by proxy, with detailed instructions provided for voting online or through manual proxy forms. The meeting will address resolutions connected to the remuneration of key management personnel, and the chair intends to vote in favor of each item unless exceptional circumstances arise.
Duxton Farms Limited announced a correction to a previous statement regarding the number of shares to be issued and those subject to escrow. This update reflects the company’s commitment to transparency and accurate reporting, which is crucial for maintaining investor trust and ensuring compliance with ASX regulations.
Duxton Farms Limited has announced a proposed issue of 13,606 ordinary fully paid securities, with the issue date set for October 31, 2025. This move is part of a placement or other type of issue, which could potentially impact the company’s operations by providing additional capital, thereby strengthening its market position and offering potential benefits to stakeholders.
Duxton Farms Limited announced a change in the director’s interest, specifically regarding Edouard Peter’s holdings. Mr. Peter, through direct and indirect interests, acquired additional fully paid ordinary shares, increasing his total holdings. This change reflects an on-market trade, indicating a strategic move to strengthen his position in the company, which could impact the company’s governance and investor confidence.
Duxton Farms Limited has received court approval for the merger of four agricultural businesses, allowing it to acquire all preference shares it does not already own in these companies. The merger is expected to enhance Duxton Farms’ operational capabilities and market positioning, with new shares commencing trading by the end of October 2025. Additionally, the company has secured a Common Terms Deed with major banks for operational financing post-merger, replacing existing finance facilities.
Duxton Farms Limited has released its Q1 FY2026 activities report, highlighting its extensive agricultural operations across 177,491 hectares in Australia. The company focuses on producing key agricultural commodities to meet global demand, emphasizing efficient production and sustainable growth. This report underscores Duxton Farms’ strategic positioning as a significant landowner and active producer, aiming for long-term capital appreciation and operational efficiency.
Duxton Farms Limited has successfully passed all resolutions during its Extraordinary General Meeting held on October 10, 2025. The resolutions include approvals for issuing shares to various entities and individuals, acquiring substantial assets, and amending the Investment Management Agreement. This development indicates strategic moves by Duxton Farms to expand its asset base and potentially enhance its market position, which could have significant implications for its stakeholders.
Duxton Farms Limited has successfully passed all Scheme Resolutions required for the strategic acquisition of four Australian private companies, enhancing its operations in walnuts, dried fruits, orchards, and bees. This merger, recommended by the company’s directors, is set to strengthen Duxton Farms’ market positioning, pending the satisfaction of remaining conditions.
Duxton Farms Limited announced an update regarding its extraordinary general meeting scheduled for October 10, 2025. The Australian Securities Exchange (ASX) has exercised its discretion under Listing Rule 14.11.2, resulting in the exclusion of certain individuals and entities from voting on specific resolutions. This decision impacts the voting process for resolutions 3 and 4, requiring votes from Richard Magides, the EP 10.1 Entities, and their associates to be disregarded unless expressly permitted.
Duxton Farms Limited has announced the indicative outcomes of shareholder elections regarding its strategic merger with four Australian private companies specializing in walnuts, dried fruits, orchards, and bees. The elections determine the form of consideration shareholders will receive, either as Election Scrip or Default Scrip. The final outcome will be confirmed after the Scheme Record Date on October 23, 2025. The merger is supported by Duxton Farms’ directors and will be voted on at an Extraordinary General Meeting. This merger aims to strengthen Duxton Farms’ market position and expand its agricultural operations.
Duxton Farms Limited has announced a change in the director’s interest, specifically regarding Edouard Peter’s holdings. The change involved the acquisition of additional fully paid ordinary shares through on-market trades, reflecting an increase in both direct and indirect interests. This adjustment in shareholding could indicate a strategic move by the director, potentially impacting the company’s market perception and stakeholder confidence.
Duxton Farms Limited has announced that it will host an online webcast for its Extraordinary General Meeting on October 10th. The webcast will not allow for voting or live questions, but stakeholders can submit questions in advance via email. This approach allows Duxton Farms to engage with stakeholders who cannot attend in person, ensuring broader accessibility and participation in company affairs.
Duxton Farms Limited announced a proposed merger with four unlisted entities, which are associated with key stakeholders Richard Magides and Ed Peter. The merger, involving schemes of arrangement and share purchase agreements, is subject to shareholder approval and aims to strategically benefit the company despite being assessed as ‘not fair but reasonable’ by an Independent Expert. Additionally, a capital placement is proposed to support the merger, which will result in a reduction of voting power for both Magides and Peter. The merger and placement are expected to enhance Duxton Farms’ strategic position in the agricultural sector.
Duxton Farms Limited has announced a change in the director’s interest, specifically regarding Edouard Peter’s holdings. Mr. Peter has acquired additional shares both directly and indirectly through entities like The Peter Family Trust and BNP Paribas NOMS Pty Ltd. This acquisition reflects a strategic move that could potentially impact the company’s market position and stakeholder interests, as it indicates increased confidence and investment from a key director.