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Ferrexpo
(LSE:FXPO)
Ferrexpo (FXPO) vs. iShares MSCI United Kingdom ETF (EWC)
Ferrexpo Business Overview & Revenue Model
Ferrexpo Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 866.32M | 933.26M | 651.79M | 1.25B | 2.52B | 1.70B | Gross Profit |
| 297.63M | 335.82M | 289.30M | 666.04M | 1.79B | 1.09B | EBIT |
| 76.11M | 17.61M | 71.13M | 405.12M | 1.08B | 748.67M | EBITDA |
| 102.98M | 42.48M | -8.01M | 438.55M | 1.19B | 861.46M | Net Income Common Stockholders |
| -56.31M | -50.05M | -84.78M | 220.00M | 870.99M | 635.29M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 115.13M | 105.92M | 115.24M | 112.94M | 167.29M | 270.01M | Total Assets |
| 1.32B | 1.19B | 1.35B | 1.35B | 2.09B | 1.95B | Total Debt |
| 3.62M | 5.08M | 6.95M | 6.55M | 50.35M | 266.48M | Net Debt |
| -111.51M | -100.83M | -108.29M | -106.40M | -116.94M | -3.53M | Total Liabilities |
| 238.89M | 263.29M | 233.69M | 104.46M | 260.35M | 463.49M | Stockholders Equity |
| 1.08B | 923.59M | 1.11B | 1.25B | 1.83B | 1.49B |
| Cash Flow | Free Cash Flow | ||||
| -21.62M | -9.79M | -78.00K | 140.25M | 732.96M | 481.44M | Operating Cash Flow |
| 76.59M | 91.90M | 101.17M | 301.26M | 1.09B | 687.22M | Investing Cash Flow |
| -93.59M | -97.53M | -96.55M | -159.30M | -355.29M | -205.47M | Financing Cash Flow |
| -5.60M | -5.66M | -5.87M | -203.09M | -840.18M | -343.43M |
Ferrexpo Technical Analysis
Ferrexpo Risk Analysis
Ferrexpo Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | £612.30M | 12.10 | 11.38% | 8.44% | 17.22% | 97.69% | |
51 Neutral | $2.04B | -1.15 | -21.24% | 3.95% | 2.91% | -30.44% | |
45 Neutral | £286.24M | ― | -4.70% | ― | 39.52% | 43.71% | |
| £1.18B | ― | ― | ― | ― | |||
| £302.69M | 34.87 | 4.18% | ― | ― | ― | ||
| £73.25M | ― | -4.08% | ― | ― | ― | ||
76 Outperform | £347.99M | 6.85 | 5.55% | 4.81% | -12.22% | -49.48% |
Ferrexpo Corporate Events
Ferrexpo PLC has announced that several of its directors and senior managers have been granted conditional interests in ordinary shares under the company’s Long Term Incentive Plan. This move, approved by the Remuneration Committee, reflects the company’s commitment to aligning management incentives with shareholder interests, potentially impacting the company’s operational focus and stakeholder confidence.
The most recent analyst rating on (GB:FXPO) stock is a Hold with a £1.00 price target. To see the full list of analyst forecasts on Ferrexpo stock, see the GB:FXPO Stock Forecast page.
Ferrexpo plc announced that several of its directors and senior managers, including Nikolay Kladiev, Yaroslavna Blonska, Viktor Lotous, and Greg Nortje, have acquired beneficial interests in ordinary shares as part of the company’s Long-Term Incentive Plan (LTIP). The transactions were conducted on the London Stock Exchange, with shares priced at GBP 0.4774 each. This move highlights the company’s commitment to aligning management interests with shareholder value, potentially strengthening its market position and stakeholder confidence.
The most recent analyst rating on (GB:FXPO) stock is a Hold with a £1.00 price target. To see the full list of analyst forecasts on Ferrexpo stock, see the GB:FXPO Stock Forecast page.
Ferrexpo’s Annual General Meeting (AGM) on May 22, 2025, resulted in the approval of most resolutions, including the re-appointment of MHA Audit Services LLP as auditors. However, significant shareholder opposition was noted against the authority to allot shares and disapply pre-emption rights, leading to these resolutions not passing. Additionally, the re-election of Vitalii Lisovenko as an Independent Non-executive Director did not receive sufficient votes from independent shareholders, prompting a potential second vote. The Board plans to engage with shareholders to understand the opposition and will provide an update within six months.
The most recent analyst rating on (GB:FXPO) stock is a Hold with a £1.00 price target. To see the full list of analyst forecasts on Ferrexpo stock, see the GB:FXPO Stock Forecast page.
Ferrexpo PLC reported its payments to governments for the year ending December 31, 2024, in compliance with the Reports on Payments to Governments Regulations 2014. The company made significant payments totaling $50.7 million to the Ukrainian government, with contributions to state, regional, and local budgets. These payments reflect Ferrexpo’s ongoing operations in Ukraine, highlighting its role as a major player in the global iron ore market and its commitment to regulatory compliance. The announcement underscores Ferrexpo’s continued impact on the Ukrainian economy and its strategic importance in the steel industry.
The most recent analyst rating on (GB:FXPO) stock is a Hold with a £1.00 price target. To see the full list of analyst forecasts on Ferrexpo stock, see the GB:FXPO Stock Forecast page.
Ferrexpo plc has announced that its Ukrainian subsidiary, Ferrexpo Poltava Mining (FPM), is facing potential bankruptcy proceedings initiated by Maxi Capital due to a contested sureties claim. The Commercial Court of Poltava region has accepted the application for consideration, with a preparatory hearing scheduled for 27 May 2025. The claim involves a significant financial dispute over guarantees related to Bank Finance & Credit, which is undergoing liquidation. Ferrexpo is actively defending its position in the Supreme Court, which has currently suspended enforcement of the claim. The outcome of these proceedings could significantly impact Ferrexpo’s operations and financial standing in Ukraine.
The most recent analyst rating on (GB:FXPO) stock is a Hold with a £1.00 price target. To see the full list of analyst forecasts on Ferrexpo stock, see the GB:FXPO Stock Forecast page.
Ferrexpo plc announced a change in its auditor engagement, transitioning to MHA Audit Services LLP. This necessitates an amendment to Resolution 3 for the upcoming Annual General Meeting on 22 May 2025, where shareholders will vote on the re-appointment of the new auditors. This procedural change reflects compliance with legal and corporate governance standards, ensuring transparency and continuity in Ferrexpo’s auditing processes.
Ferrexpo has announced that the Ukrainian tax authorities have suspended VAT refunds for its subsidiaries, Ferrexpo Poltava Mining and Ferrexpo Yeristovo Mining, for February 2025, amounting to approximately US$ 11.1 million. This suspension, linked to personal sanctions on Kostiantyn Zhevago, is impacting the company’s liquidity, forcing production cuts to 25% capacity and necessitating significant cost-cutting measures. Ferrexpo is actively engaging with authorities to resolve the issue, which is placing financial pressure on its operations.
Ferrexpo plc has announced the publication of its 2025 Annual General Meeting notice and the 2024 Annual Report and Accounts. These documents are accessible on the company’s website and have been uploaded to the National Storage Mechanism. This announcement is part of Ferrexpo’s ongoing transparency and compliance with UK Listing Rules, reflecting its commitment to maintaining robust corporate governance and providing stakeholders with detailed insights into its operations and financial performance.
Ferrexpo reported a record production of 2.1 million tonnes in the first quarter of 2025, despite operating under challenging conditions due to the suspension of VAT refunds by Ukrainian authorities. This situation has forced the company to reduce operations to one pellet line and implement cost-cutting measures, impacting the local economy and its workforce. The company is actively engaging with the Ukrainian government to restore VAT refunds to sustain higher operating levels and maintain its workforce.
Ferrexpo announced that its Ukrainian subsidiaries have had their VAT refunds for January 2025 suspended by Ukrainian tax authorities due to personal sanctions on Kostiantyn Zhevago. This suspension, affecting refunds worth approximately US$ 12.5 million, is expected to strain the company’s liquidity, forcing reductions in production and sales amidst low iron ore prices and high costs. This situation will likely lead to decreased procurement and lower contributions to Ukraine’s economy, prompting Ferrexpo to urge Ukrainian authorities to reinstate the refunds.
Ferrexpo PLC has issued a formal notification to Ukraine under international investment agreements, citing breaches of the UK-Ukraine and Swiss-Ukraine Bilateral Investment Treaties. This action follows a series of adverse decisions by Ukrainian state bodies, including asset freezes and management detentions, which Ferrexpo claims are without merit and contrary to Ukrainian law. The company seeks to resolve these issues through negotiations with the Ukrainian government, aiming to lift the unlawful actions and protect its investments.
Ferrexpo PLC reported a challenging yet resilient year for 2024, marked by a 66% increase in production despite operating amid the ongoing conflict in Ukraine. The company achieved a 43% rise in revenue, although it faced a net loss of $50 million due to a significant non-cash impairment charge. The firm managed to diversify its market reach and resume shipping through Ukrainian Black Sea ports, while also investing in production capacity and sustainability initiatives. However, increased costs for electricity and consumables, alongside a weaker iron ore market outlook, impacted profitability. Ferrexpo continues to monitor the geopolitical situation closely, hoping for a resolution to the conflict.