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FOLLI FOLLIE Commercial Manufacturing And Technical S.A.

FOLLI FOLLIE Commercial Manufacturing And Technical S.A.

FLLIY
FOLLI FOLLIE Commercial Manufacturing And Technical S.A.US flagOther OTC
2.10
USD
-4.00
- -
139.29MMarket Cap
FOLLI FOLLIE Commercial Manufacturing And Technical S.A.
FLLIY
(Other OTC)

Recent

price

2.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
TTM
FRC
4.46
6.76
14.7
21.59
28.66
30.34
19.7
15.47
12.27
13.27
14.93
17.93
20.15
5.41
4.47
3.08
29.71
Revenue per Share
0.8
1.72
2.48
2.74
3.03
3.47
1.66
1.36
0.36
5.09
2.11
2.74
3.35
-2.12
-3.28
-1.75
4.44
Basic EPS, GAAP
0.57
-0.18
0.48
1.39
-0.46
0.8
0.13
-0.35
0.06
-0.13
0.3
-0.12
0.63
-4.88
-1.25
-0.37
-1.13
Free Cash Flow per Basic Share
0.6
0.24
0.9
0.7
0.72
0.44
0.08
- -
- -
- -
0.77
0.33
0.02
0.02
- -
- -
0.02
Dividend per Share
0.48
5.19
6.59
8.28
9.74
15.9
12.02
10.53
11.94
16.42
14.74
17.43
20.83
-4.83
-8.12
-9.88
-6.71
Book Value per Share
1.42
4.79
-1.83
-0.92
0.41
2.46
3.71
5.8
7.17
16.14
18.77
22.06
26.4
0.94
-2.72
-4.4
1.3
Tangible Book Value per Share
53
33
33
33
33
33
50
66
66
67
67
67
66
66
66
66
48
Basic Weighted Avg Shares
235
223
484
706
937
993
990
1,021
810
887
998
1,193
1,337
359
297
204
1,419
Sales/Revenue/Turnover
23.1
28.94
23.39
20.38
15.06
17.89
17.35
16.91
13.37
18.77
20.06
20.07
19.14
-17.41
-33.36
-40.96
18.73
Operating Margin (%)
5
3
8
14
19
22
22
25
21
20
21
26
30
34
26
13
34
Depreciation Expense
42
57
82
90
99
113
83
90
24
340
141
183
222
-141
-218
-116
212
Net Income, GAAP
28
19.12
22.92
28.63
23.43
26.95
31.76
25.13
57.51
12.87
24.56
17.15
10.48
- -
- -
- -
10.42
Effective Tax Rate (%)
17.88
25.43
16.87
12.7
10.59
11.43
8.42
8.76
2.97
38.33
14.15
15.31
16.64
-39.25
-73.47
-56.95
14.94
Profit Margin (%)
51
197
288
264
347
146
557
422
611
701
1,103
1,331
1,509
-295
-423
-506
-295
Working Capital
- -
125
407
548
614
330
649
315
429
36
304
333
362
17
5
30
17
LT Debt
126
162
270
336
376
441
544
740
826
1,183
1,361
1,606
1,884
70
-175
-285
70
Total Equity
- -
23.03
17.48
12.13
10.14
11.04
9.1
9.08
2.98
9.64
9.55
10.49
10.31
- -
- -
- -
15.2
Return on Invested Capital (%)
- -
35.88
14.61
14.02
14.12
11.32
9.63
8.26
2.63
23.31
10.97
12.97
13.53
- -
- -
- -
20.69
Return on Capital (%)
- -
57.78
42.1
36.74
33.67
27.05
14.82
13.79
3.25
36.07
13.56
17.02
17.5
- -
- -
- -
52.68
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'17
Sep'17
Dec'17
ST Debt
111
134
628
LT Borrowings
399
- -
478
LT Finance Leases
20
- -
19
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
50
50
66
Market Capitalization
1,002
845
840

Working Capital

FRC

•

in mil. unless spec.
Jun'17
Sep'17
Dec'17
Total Current Assets
1,845
1,846
368
Cash, Cash Equivalents & STI
331
349
196
Accounts Receivable, Net
613
619
78
Inventories
620
632
109
Total Current Liabilities
278
306
663
Payables & Accruals
- -
- -
- -
ST Debt
111
134
628
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-22.14%
-70.13%
62.59%
Free Cash Flow
-305%
-354.28%
-70.16%
Net Income, GAAP
105.83%
-20.86%
-46.64%
Sales/Revenue/Turnover
-8.58%
-18.02%
-31.16%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2017
318
405
317
379
359
2018
- -
- -
- -
- -
297
2019
- -
- -
- -
- -
204

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2017
1.13
- -
- -
- -
-2.12
2018
- -
- -
- -
- -
-3.28
2019
- -
- -
- -
- -
-1.75

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2017
0.02
- -
- -
- -
0.02
2018
- -
- -
- -
- -
- -
2019
- -
- -
- -
- -
- -
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Business
FOLLI FOLLIE Commercial Manufacturing And Technical Société Anonyme, established in Greece in 1982, historically engaged in the worldwide design, production, and distribution of jewelry, watches, and fashion accessories. The company's portfolio once included various luxury items such as handbags, wallets, leather goods, pashminas, and eyewear. Furthermore, it managed wholesale and retail activities, operating department stores in major Greek cities like Athens and Thessaloniki, alongside discount retail outlets and the distribution of branded apparel, footwear, perfumes, and cosmetics. However, the company has faced significant financial challenges, stemming from revelations in 2018 regarding substantial inaccuracies and overstatements in its financial reporting, particularly concerning its Asian operations. This situation led to a comprehensive financial restructuring process and legal proceedings. Consequently, Folli Follie initiated liquidation for many of its international operations, including its Asian retail networks and the Links of London brand subsidiaries globally. Currently headquartered in Athens, Greece, the company is engaged in a complex rehabilitation process. As of late 2021, a Greek court made a preliminary decision approving a restructuring agreement with creditors, though the finalization required amendments and was subject to ongoing legal actions, including trials against former executives. This endeavor aims to resolve its considerable liabilities and transfer remaining operational assets to new companies under creditor control, marking a strategic shift from its former extensive retail and manufacturing presence.