Fragrant Prosperity Holdings Ltd (FPP) AI Stock Analysis

• Market Cap: £1.09M
• Dividend Yield: N/A
• Average Volume (3M): 4.02M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.57
• Revenue Growth: N/A
• EPS Growth: -61.11%
• Country: UK
• Employees: 4
• Sector: Financial
• Sector Strength: 70
• Industry: Shell Companies
• EPS (TTM): >-0.01
• Shares Outstanding: 254,533,430
• 10 Day Avg. Volume: 2,481,011
• 30 Day Avg. Volume: 4,015,837
• PEG Ratio: -0.02
• Price to Book (P/B): -0.21
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.09
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 39 Underperform
• Price Target: 0.41p ▼(-36.56% Downside)
• Action: Downgraded Date: 01/21/26
• Date: Action: Downgraded 01/21/26

The score is driven primarily by very weak financial performance (no revenue, persistent losses and cash burn, negative equity and rising debt). Technicals also remain bearish with the price below key moving averages and negative MACD, though extremely oversold RSI/Stoch slightly temper the downside. Valuation offers limited support due to a loss-making negative P/E and no dividend.

Positive Factors

Improving cash burn

A reduction in cash burn between 2024 and 2025 indicates management has achieved some structural cost control or one-off expense reduction. If sustained, this trend lengthens runway, lowers near-term financing needs and supports operational continuity over the next several months.

Smaller historical losses

A marked reduction in net losses in 2024 versus earlier years signals the company may be stabilizing expense structure or addressing key loss drivers. Sustained moderation in losses improves the probability of reaching break-even absent fresh shocks, a durable improvement for 2–6 month planning.

Access to external financing

Rising debt shows the company has been able to secure external capital to fund operations. That access provides runway and operational continuity in the medium term, enabling restructuring or business development initiatives while longer-term fixes are pursued.

Negative Factors

No revenue

Zero reported revenue across multiple years is a fundamental weakness: it indicates the firm lacks an operating business that generates cash. Without revenue, profitability depends entirely on financing and cost cuts, making sustainable recovery unlikely without structural business change.

Negative equity

Deeply negative equity reduces financial flexibility and increases solvency risk. It constrains the company's ability to absorb further losses, raises refinancing costs, and can trigger creditor or regulatory actions—weaknesses that materially impair prospects over the coming months.

Persistent cash flow deficits

Consistent negative operating and free cash flow forces reliance on external funding and dilutive financing. Even with some improvement, persistent cash burn undermines long-term viability, heightens default or dilution risk, and limits investment in growth or turnaround initiatives.

Fragrant Prosperity Holdings Ltd Business Overview & Revenue Model

Company Description

Fragrant Prosperity Holdings Ltd (FPP) is a diversified holding company engaged in various sectors including financial services, investment management, and real estate. The company focuses on identifying and capitalizing on investment opportunities across a range of industries to generate long-term shareholder value. By leveraging its expertise and strategic insights, FPP aims to deliver sustainable growth and prosperity.

How the Company Makes Money

Fragrant Prosperity Holdings Ltd makes money primarily through the strategic management and investment of its capital across different sectors. The company's revenue streams include returns on investments in equities, bonds, and real estate, as well as income generated from financial advisory and management services. FPP may also engage in strategic partnerships and joint ventures to enhance its investment portfolio and maximize returns. Additionally, the company earns through dividends, interest income, and potential capital appreciation from its diverse investment holdings.

Fragrant Prosperity Holdings Ltd Financial Statement Overview

Summary

Financial statements indicate a very weak profile: no revenue, recurring operating and net losses, persistent negative operating/free cash flow, and a balance sheet with negative equity and rising debt—implying high funding dependence and elevated solvency risk.

Income Statement

The company reports no revenue across all provided annual periods, indicating no meaningful operating scale. Profitability remains weak with recurring operating losses (EBIT negative every year) and continued net losses, including a sharp deterioration in 2025 versus 2024. While losses were substantially smaller in 2024 compared with prior years, the overall earnings profile remains unstable and structurally unprofitable.

Balance Sheet

Balance sheet strength is very weak: shareholders’ equity is negative in most years (and deeply negative in 2025), which materially increases financial risk and limits flexibility. Debt has steadily risen from 2022 to 2025 while total assets have trended down versus 2022, implying worsening capitalization. The combination of negative equity and meaningful debt suggests elevated solvency risk and reliance on external funding.

Cash Flow

Cash generation is consistently negative, with operating cash flow and free cash flow below zero every year, indicating ongoing cash burn rather than self-funding operations. Cash burn improved in 2025 versus 2024, but remains meaningfully negative and continues to require financing support. Overall cash flow stability is weak given the lack of operating inflows and persistent outflows.

Breakdown	Mar 2025	Sep 2023	Sep 2022	Mar 2022	Mar 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00
EBITDA	0.00	-82.28K	0.00	0.00	-227.15K
Net Income	-182.93K	-111.00	-126.24K	-697.71K	-241.71K
Balance Sheet
Total Assets	93.54K	125.44K	211.15K	585.84K	145.09K
Cash, Cash Equivalents and Short-Term Investments	67.88K	109.69K	195.40K	281.45K	562.20K
Total Debt	567.56K	535.95K	506.35K	274.17K	210.00K
Total Liabilities	925.22K	774.18K	748.01K	324.58K	244.75K
Stockholders Equity	-831.67K	-648.74K	-536.86K	261.26K	-99.67K
Cash Flow
Free Cash Flow	-41.81K	-85.71K	-86.05K	-167.74K	-147.65K
Operating Cash Flow	-41.81K	-85.71K	-86.05K	-167.74K	-147.65K
Investing Cash Flow	0.00	0.00	0.00	602.23K	269.79K
Financing Cash Flow	0.00	0.00	0.00	205.00K	602.23K

Fragrant Prosperity Holdings Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.64
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:FPP, the sentiment is Negative. The current price of 0.64 is above the 20-day moving average (MA) of 0.45, above the 50-day MA of 0.56, and below the 200-day MA of 0.78, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 34.91 is Neutral, neither overbought nor oversold. The STOCH value of 18.98 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:FPP.

Fragrant Prosperity Holdings Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
BRS	50 Neutral	£2.08M	―	―	―	―	―
BIH	44 Neutral	£1.58M	-14.17	―	―	―	―
FORF	42 Neutral	£3.98M	-2.07	-29.51%	―	―	―
FPP	39 Underperform	£1.09M	-1.48	―	―	―	-61.11%

Fragrant Prosperity Holdings Ltd Corporate Events

Fragrant Prosperity narrows focus on fintech deals after recapitalisation and interim loss

Fragrant Prosperity Holdings Limited reported an unaudited net loss of £357,121 for the six months to 30 September 2025, with no income recorded for the period, but ended the half year with a strengthened balance sheet after raising more than £1 million in equity and refinancing almost all existing debt, leaving only minimal trade creditors and cash of £599,702. The board says this recapitalisation leaves the SPAC better positioned to conduct due diligence on potential reverse takeover targets—particularly in buoyant sectors such as fintech—though it acknowledges that additional funding will likely be required to complete any deal and warns that failure to secure fresh capital could cast significant doubt on the company’s ability to continue as a going concern, underscoring both the opportunity and residual risk for investors as it seeks re-admission of an enlarged group to the London market or another exchange.

The most recent analyst rating on (GB:FPP) stock is a Hold with a £0.71 price target. To see the full list of analyst forecasts on Fragrant Prosperity Holdings Ltd stock, see the GB:FPP Stock Forecast page.