FXPO posts $224M net loss and announces $100M equity raise
FXPO reported a $224 million net loss in 2025 tied to war impacts, VAT refund suspension, and liquidity constraints, plus a $154 million impairment. The group also announced a $100 million equity raise.
2025 saw significant operational and financial challenges due to the ongoing war, VAT refund suspension, and liquidity constraints, resulting in a $224 million net loss and a $154 million impairment.
The group shifted to premium concentrates, cut costs, and announced a $100 million equity raise to…