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Forafric Global PLC(AFRI)Earnings, Financials & Key Ratios
AFRI•NASDAQ
$10.20
Price updated Jun 27, 2026
AboutForafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco and Sub-Saharan Africa. The company offers flour and semolina; and secondary processing products, such as pasta and couscous under the Tria and MayMouna brands. It serves wholesale foods manufacturers and distributors The company also exports its products to approximately 45 countries. Forafric Global PLC is headquartered in Gibraltar.Show more
- Revenue$274M-10.2%
- EBITDA-$2M-123.8%
- Net Income-$24M-91.9%
- EPS (Diluted)-0.90-91.5%
- Gross Margin9.97%
- EBITDA Margin-0.63%-126.5%
- Operating Margin-2.83%-863.1%
- Net Margin-8.87%-113.8%
- ROE-140.92%-312.2%
AFRI Price & Volume
Forafric Global PLC (AFRI) stock price & volume — 10-year historical chart
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Persistent Operating Losses Threaten Long-Term Solvency
Investment Thesis • Updated 2024Q2
VerdictNeutral
Growth:Mixed
Profitability:Negative
Financial Position:Vulnerable
Cash Flow:Mixed
Primary Risk:Insolvency and liquidity risk
"Forafric Global PLC faces a challenging outlook characterized by structural margin compression and a precarious balance sheet, as evidenced by a -2.2% operating margin and a debt-to-equity ratio that has ballooned to 10.97. While the company achieved a 13.5% revenue increase in 2024Q2, its inability to convert this growth into consistent profitability or positive net income suggests fundamental weaknesses in its commodity-milling business model. Investors should monitor the company's liquidity, as the current ratio of 0.42 and significant reliance on debt financing create substantial risks regarding the firm's long-term operational viability."
Verdict Logic
Negative: The company's current ratio of 0.42 and a debt-to-equity ratio of 10.97 indicate severe liquidity constraints and excessive leverage that outweigh the potential benefits of recent revenue growth.
AFRI Growth Metrics
Forafric Global PLC (AFRI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years8.4%
3 Years1.57%
TTM15.94%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM13.82%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM4.42%
Return on Capital
10 Years1.27%
5 Years0.62%
3 Years-3.93%
Last Year-16.34%
Peers Comparison
Key metrics vs top competitors for Forafric Global PLC (AFRI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $10.20 | $274.4M | -11.33 | -10.23% | -8.87% | -140.92% | — | |
| $3.56 | $227.05M | -1.14 | -7.96% | -8.69% | -55.53% | — | |
| $97.50 | $6.15B | 8.72 | -2.84% | 9.36% | 15.48% | — | |
| $13.06 | $1.18B | 12.80 | 8.98% | -7.46% | -6.15% | — | |
| $0.56 | $50.97M | -0.10 | -10.17% | -35.47% | -140.7% | — | |
| $71.08 | $2.42B | 25.39 | -2.21% | 1.17% | 9.47% | — |
Compare AFRI vs Peers
Forafric Global PLC (AFRI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
AFRI SEC Filings & Documents
Forafric Global PLC (AFRI) SEC filings — annual & quarterly reports (10-K, 10-Q)
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AFRI Frequently Asked Questions
Forafric Global PLC (AFRI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Forafric Global PLC's revenue?
Forafric Global PLC (AFRI) reported $325.1M in revenue for fiscal year 2024. This represents a 77% increase from $183.2M in 2019.
How fast is Forafric Global PLC growing?
Forafric Global PLC (AFRI) saw revenue decline by 10.2% over the past year.
Is AFRI profitable?
Forafric Global PLC (AFRI) reported a net loss of $16.8M for fiscal year 2024.
Dividend & Returns
What is AFRI's return on equity?
Forafric Global PLC (AFRI) has a return on equity (ROE) of -140.9%. Negative ROE indicates the company is unprofitable.
What is Forafric Global PLC's free cash flow?
Forafric Global PLC (AFRI) generated $30.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.