Foxtons PLC - The investment case..............The final part ctd.13 Apr 2025 14:20
And finally, Foxtons announce their Q1 2025 numbers in a few days time and its worth looking back at the company's 2016 Q1 numbers which have been the highest recorded ever since the company floated back in September 2103.
To recall, these figures were inflated as a result of the stampede for buy-let-to properties and second homes ahead of UK stamp duty changes back then and roll on nine years here we are again with the latest UK stamp duty changes taking into effect from the beginning of the month :-
Q1 2016
Sales commissions - £20m
Lettings Revenue - £15.8m
Mortgage/Broking Fees - £2.6m
Total - £38.4m
And as a direct comparative, here's last years Q1 figures :-
Sales commissions - £9.5m
Lettings revenue - £24m
Alexander Hall - £2.3m
Total - £35.8m
As I have already alluded to in my last posts and with the all the bullish sales comments coming from the property world it is not unreasonable to forecast that Foxtons will handsomely beat its best ever set of Q1 numbers much to the displeasure of those presstitutes and the property industry eye website.
Could we see Foxtons post a record revenue figure of over £40m for Q1, it is not out of the question ??
There is also an added bonus here as well, I mentioned last year about how many trading statements the company issues throughout the year but in this case it will different and be yet another feather in Foxtons cap as those reporting on Foxtons Q1 numbers will have their latest reports published and thus will appear at the top of all internet news searches for Foxtons replacing that numpty Bloomberg/JP Morgan report.
Just search 'Foxtons news' and you will witness for yourself, hardly any news headlines on Foxtons recording breaking 2024 Annual results !
So that's it, all looking good once again for Foxtons in 2025 and as I keep saying keep adding on all this false dips if funds allow of course.
Good luck all !!!