Forafric Global PLC (AFRI) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 7, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2025, filed May 15, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AFRI SEC filings page.
Forafric Global PLC (AFRI) reported $176.5M in revenue for fiscal year 2025, down 35.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Forafric operates on thin margins, and its shrinking sales leave little room between operating performance and financing costs.
FY2025’s gross margin improved to10.4% even as operating cash flow fell to$356K , indicating margin improvement did not translate into cash generation. Free cash flow turned slightly negative at-$161K while capital spending fell to$517K , so the cash deterioration was not driven by heavier reinvestment.
A 0.3x current ratio and
Lower SG&A of
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Forafric Global PLC's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Forafric Global PLC held $14.3M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations generated $356K of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Forafric Global PLC scores 86/100 among other emerging companies.
Forafric Global PLC had 27M shares outstanding at the end of fiscal year 2025, against 27M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Forafric Global PLC scores 73/100 among other emerging companies.
Not available for Forafric Global PLC, and counted as zero in the overall score.
Forafric Global PLC reported revenue of $176.5M in fiscal year 2025, against $274.2M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Forafric Global PLC scores 16/100 among other emerging companies.
Not available for Forafric Global PLC, and counted as zero in the overall score.
Forafric Global PLC's cash, cash equivalents and investments came to $14.3M at the end of fiscal year 2025, against $240.3M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Forafric Global PLC scores 12/100 among other emerging companies.
Forafric Global PLC scores -0.10, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($313.9M) relative to total liabilities ($240.3M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Forafric Global PLC passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
Forafric Global PLC reported a net loss of $14.9M while generating $356K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Forafric Global PLC reported an operating loss of $3.6M against $14.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Forafric Global PLC held $14.3M in cash against $17.6M in long-term debt as of Q4 2025, with $207.6M of liabilities due within a year.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
AFRI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
AFRI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2510-K | Q2'2510-Q | Q4'2410-K | Q2'2410-Q | Q4'2310-K | Q4'2210-K | Q4'2110-K |
|---|---|---|---|---|---|---|---|
| Total Assets | $246.9M+0.3% | $266.1M-7.3% | $246.1M-20.5% | $287.1M | $309.4M+0.7% | $307.2M+2.4% | $299.9M |
| Current Assets | $68.2M-11.9% | $82.4M-20.8% | $77.4M-36.2% | $104.1M | $121.2M-15.6% | $143.6M+22.1% | $117.5M |
| Cash & Equivalents | $14.3M+17.0% | $9.5M-42.1% | $12.2M-49.0% | $16.4M | $24.0M-3.3% | $24.8M+72.5% | $14.4M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $14.1M-7.5% | $20.6M-28.1% | $15.2M-46.4% | $28.7M | $28.4M+4.3% | $27.2M-27.5% | $37.6M |
| Accounts Receivable | $14.0M-22.3% | $17.5M-51.7% | $18.0M-48.2% | $36.3M | $34.7M+12.5% | $30.9M-4.5% | $32.3M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $46.6M+8.6% | $47.0M-2.0% | $42.9M-2.6% | $48.0M | $44.0M+5.6% | $41.7M-19.2% | $51.6M |
| Total Liabilities | $240.3M-0.2% | $256.0M-5.5% | $240.8M-14.1% | $270.8M | $280.2M+6.9% | $262.2M+3.9% | $252.3M |
| Current Liabilities | $207.6M+0.2% | $218.6M-10.9% | $207.3M-18.3% | $245.3M | $253.7M+6.5% | $238.2M+17.4% | $202.9M |
| Non-Current Liabilities | $32.7M-2.4% | $37.4M+46.4% | $33.5M+26.2% | $25.5M | $26.5M+10.5% | $24.0M-51.3% | $49.4M |
| Long-Term Debt | $17.6M+34.4% | $20.7M+95.4% | $13.1M+11.6% | $10.6M | $11.8M+19.6% | $9.8M-30.4% | $14.1M |
| Total Equity | $6.7M+25.2% | $10.2M-37.5% | $5.3M-81.8% | $16.3M | $29.2M-35.0% | $45.0M-5.7% | $47.7M |
| Retained Earnings | -$154.6M-10.7% | -$150.6M-17.5% | -$139.7M-21.1% | -$128.1M | -$115.4M-12.3% | -$102.7M-22.9% | -$83.5M |
AFRI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
AFRI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Note: The current ratio is below 1.0 (0.33), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Forafric Global PLC AFRI | FY2025 | $176.5M | -$14.9M | -8.4% | $313.9M | 31/100 |
| Village Farms International, Inc. VFF | FY2025 | $215.9M | $32.4M | 15.0% | $332.6M | 49/100 |
| Limoneira Co LMNR | FY2025 | $159.7M | -$16.0M | -10.0% | $217.2M | 33/100 |
| Alico Inc ALCO | FY2025 | $44.1M | -$147.3M | N/A | $284.8M | 39/100 |
| ADECOAGRO S.A. AGRO | FY2025 | $1.4B | -$6.8M | -0.5% | $1.6B | 35/100 |
Where Forafric Global PLC Ranks
Frequently Asked Questions
What is Forafric Global PLC's annual revenue?
Forafric Global PLC (AFRI) reported $176.5M in total revenue for fiscal year 2025. This represents a -35.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Forafric Global PLC's revenue growing?
Forafric Global PLC (AFRI) revenue declined by 35.6% year-over-year, from $274.2M to $176.5M in fiscal year 2025.
Is Forafric Global PLC profitable?
No, Forafric Global PLC (AFRI) reported a net income of -$14.9M in fiscal year 2025, with a net profit margin of -8.4%.
What is Forafric Global PLC's EBITDA?
Forafric Global PLC (AFRI) had EBITDA of $2.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Forafric Global PLC have?
As of fiscal year 2025, Forafric Global PLC (AFRI) had $14.3M in cash and equivalents against $17.6M in long-term debt.
What is Forafric Global PLC's gross margin?
Forafric Global PLC (AFRI) had a gross margin of 10.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Forafric Global PLC's operating margin?
Forafric Global PLC (AFRI) had an operating margin of -2.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Forafric Global PLC's net profit margin?
Forafric Global PLC (AFRI) had a net profit margin of -8.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Forafric Global PLC's return on equity (ROE)?
Forafric Global PLC (AFRI) has a return on equity of -223.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Forafric Global PLC's free cash flow?
Forafric Global PLC (AFRI) recorded an outflow of $161K in free cash flow during fiscal year 2025. This represents a -100.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Forafric Global PLC's operating cash flow?
Forafric Global PLC (AFRI) generated $356K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Forafric Global PLC's total assets?
Forafric Global PLC (AFRI) had $246.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Forafric Global PLC's capital expenditures?
Forafric Global PLC (AFRI) invested $517K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Forafric Global PLC's current ratio?
Forafric Global PLC (AFRI) had a current ratio of 0.33 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Forafric Global PLC's debt-to-equity ratio?
Forafric Global PLC (AFRI) had a debt-to-equity ratio of 2.65 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Forafric Global PLC's return on assets (ROA)?
Forafric Global PLC (AFRI) had a return on assets of -6.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Forafric Global PLC's P/E ratio?
Forafric Global PLC (AFRI) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $313.9M as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Forafric Global PLC's price-to-sales ratio?
Forafric Global PLC (AFRI) trades at 1.8x sales, its market capitalization divided by revenue of $176.5M revenue, FY2025. The market capitalization is $313.9M as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Forafric Global PLC's Altman Z-Score?
Forafric Global PLC (AFRI) has an Altman Z-Score of -0.10, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Forafric Global PLC's Piotroski F-Score?
Forafric Global PLC (AFRI) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Forafric Global PLC's earnings high quality?
Forafric Global PLC (AFRI) reported a net loss of $14.9M while generating $356K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Forafric Global PLC cover its interest payments?
Forafric Global PLC (AFRI) reported an operating loss of $3.6M against $14.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Forafric Global PLC?
Forafric Global PLC (AFRI) scores 31 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.