Forafric Global Ord Financials
Forafric Global Ord (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).
Shrinking volume is being offset by expense cuts, but thin margins and a nearly exhausted equity cushion keep cash conversion fragile.
FY2025 paired a35.6% revenue contraction with gross margin reaching10.4% , showing margin resilience despite sharply lower volume. SG&A also fell37.4% , pointing to an expense reset or mix effect rather than scale-led expansion.
The FY2025 net loss was
A 0.3x current ratio and
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 Ord'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.
Not available for Forafric Global Ord, and counted as zero in the overall score.
Not available for Forafric Global Ord, and counted as zero in the overall score.
Forafric Global Ord scores -0.14, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($300.6M) 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 Ord 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 Ord 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 Ord 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
Forafric Global Ord generated $176.5M in revenue in fiscal year 2025. This represents a decrease of 35.6% from the prior year.
Forafric Global Ord's EBITDA was $2.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 187.9% from the prior year.
Forafric Global Ord reported -$14.9M in net income in fiscal year 2025. This represents an increase of 38.8% from the prior year.
Forafric Global Ord earned -$0.45 per diluted share (EPS) in fiscal year 2025. This represents an increase of 48.3% from the prior year.
Cash & Balance Sheet
Forafric Global Ord recorded an outflow of $161K in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 100.7% from the prior year.
Forafric Global Ord held $14.3M in cash against $17.6M in long-term debt as of fiscal year 2025, with $207.6M of liabilities due within a year.
Not reported for fiscal year 2025.
Margins & Returns
Forafric Global Ord's gross margin was 10.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.5 percentage points from the prior year.
Forafric Global Ord's operating margin was -2.0% in fiscal year 2025, reflecting core business profitability. This is up 0.8 percentage points from the prior year.
Forafric Global Ord's net profit margin was -8.4% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.4 percentage points from the prior year.
Forafric Global Ord's ROE was -223.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 233.9 percentage points from the prior year.
Capital Allocation
Forafric Global Ord invested $517K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 70.9% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 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.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Revenue | $176.5M-35.6% | $274.2M-9.2% | $302.0M+6.3% | $283.9M+8.5% | $261.7M+33.1% | $196.6M |
| Cost of Revenue | $158.1M-36.0% | $246.9M-9.7% | $273.4M+7.3% | $254.7M+16.1% | $219.3M+40.4% | $156.2M |
| Gross Profit | $18.4M-32.7% | $27.3M-4.2% | $28.5M-2.3% | $29.2M-31.1% | $42.4M+4.9% | $40.4M |
| SG&A Expenses | $22.0M-37.4% | $35.1M+28.6% | $27.3M+1.3% | $26.9M-30.9% | $39.0M+27.7% | $30.5M |
| Operating Income | -$3.6M+54.2% | -$7.8M-724.9% | $1.2M-45.4% | $2.3M-32.8% | $3.4M-65.8% | $9.9M |
| Interest Expense | $14.3M+11.7% | $12.8M-8.6% | $14.0M+12.0% | $12.5M+20.8% | $10.4M+51.3% | $6.8M |
| Income Tax | $1.4M-16.2% | $1.7M+180.3% | $589K+131.9% | -$1.8M-1971.9% | -$89K-162.2% | $143K |
| Net Income | -$14.9M+38.8% | -$24.3M-91.9% | -$12.7M+33.7% | -$19.1M-139.6% | -$8.0M-7156.4% | -$110K |
| EPS (Diluted) | -$0.45+48.3% | -$0.87-85.1% | -$0.47+34.7% | -$0.72-89.5% | -$0.38 | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
AFRI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Total Assets | $246.9M+0.3% | $246.1M-20.5% | $309.4M+0.7% | $307.2M+2.4% | $299.9M | N/A |
| Current Assets | $68.2M-11.9% | $77.4M-36.2% | $121.2M-15.6% | $143.6M+22.1% | $117.5M | N/A |
| Cash & Equivalents | $14.3M+17.0% | $12.2M-49.0% | $24.0M-3.3% | $24.8M+72.5% | $14.4M+13.5% | $12.7M |
| Inventory | $14.1M-7.5% | $15.2M-46.4% | $28.4M+4.3% | $27.2M-27.5% | $37.6M | N/A |
| Accounts Receivable | $14.0M-22.3% | $18.0M-48.2% | $34.7M+12.5% | $30.9M-4.5% | $32.3M | N/A |
| Goodwill | $46.6M+8.6% | $42.9M-2.6% | $44.0M+5.6% | $41.7M-19.2% | $51.6M+7.3% | $48.1M |
| Total Liabilities | $240.3M-0.2% | $240.8M-14.1% | $280.2M+6.9% | $262.2M+3.9% | $252.3M | N/A |
| Current Liabilities | $207.6M+0.2% | $207.3M-18.3% | $253.7M+6.5% | $238.2M+17.4% | $202.9M | N/A |
| Long-Term Debt | $17.6M+34.4% | $13.1M+11.6% | $11.8M+19.6% | $9.8M-30.4% | $14.1M | N/A |
| Total Equity | $6.7M+25.2% | $5.3M-81.8% | $29.2M-35.0% | $45.0M-5.7% | $47.7M-8.4% | $52.0M |
| Retained Earnings | -$154.6M-10.7% | -$139.7M-21.1% | -$115.4M-12.3% | -$102.7M-22.9% | -$83.5M | N/A |
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.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $356K-98.5% | $23.5M-29.6% | $33.3M+157.9% | -$57.6M-121.0% | -$26.0M-126.9% | -$11.5M |
| Capital Expenditures | $517K-70.9% | $1.8M-81.3% | $9.5M+112.2% | $4.5M-7.5% | $4.8M+635.6% | $657K |
| Free Cash Flow | -$161K-100.7% | $21.7M-9.0% | $23.8M+138.4% | -$62.0M-100.9% | -$30.9M-154.4% | -$12.1M |
| Investing Cash Flow | $7.3M+453.0% | -$2.1M+79.0% | -$9.8M-144.1% | -$4.0M+72.2% | -$14.5M-1976.4% | -$699K |
| Financing Cash Flow | -$6.1M+81.6% | -$33.2M-56.7% | -$21.2M-128.2% | $75.0M+75.4% | $42.8M+127.8% | $18.8M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
AFRI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Gross Margin | 10.4%+0.5pp | 10.0%+0.5pp | 9.4%-0.8pp | 10.3%-5.9pp | 16.2%-4.4pp | 20.5% |
| Operating Margin | -2.0%+0.8pp | -2.8%-3.2pp | 0.4%-0.4pp | 0.8%-0.5pp | 1.3%-3.7pp | 5.0% |
| Net Margin | -8.4%+0.4pp | -8.9%-4.7pp | -4.2%+2.5pp | -6.7%-3.7pp | -3.0%-3.0pp | -0.1% |
| Return on Equity | -223.7%+233.9pp | -457.6%-414.2pp | -43.4%-0.9pp | -42.5%-25.8pp | -16.8%-16.5pp | -0.2% |
| Return on Assets | -6.0%+3.9pp | -9.9%-5.8pp | -4.1%+2.1pp | -6.2%-3.6pp | -2.7% | N/A |
| Current Ratio | 0.330.0x | 0.37-0.1x | 0.48-0.1x | 0.600.0x | 0.58 | N/A |
| Debt-to-Equity | 2.65+0.2x | 2.47+2.1x | 0.40+0.2x | 0.22-0.1x | 0.30 | N/A |
| FCF Margin | -0.1%-8.0pp | 7.9%0.0pp | 7.9%+29.8pp | -21.9%-10.1pp | -11.8%-5.6pp | -6.2% |
Note: The current ratio is below 1.0 (0.33), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Forafric Global Ord Ranks
Frequently Asked Questions
What is Forafric Global Ord's annual revenue?
Forafric Global Ord (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 Ord's revenue growing?
Forafric Global Ord (AFRI) revenue declined by 35.6% year-over-year, from $274.2M to $176.5M in fiscal year 2025.
Is Forafric Global Ord profitable?
No, Forafric Global Ord (AFRI) reported a net income of -$14.9M in fiscal year 2025, with a net profit margin of -8.4%.
What is Forafric Global Ord's EBITDA?
Forafric Global Ord (AFRI) had EBITDA of $2.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Forafric Global Ord have?
As of fiscal year 2025, Forafric Global Ord (AFRI) had $14.3M in cash and equivalents against $17.6M in long-term debt.
What is Forafric Global Ord's gross margin?
Forafric Global Ord (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 Ord's operating margin?
Forafric Global Ord (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 Ord's net profit margin?
Forafric Global Ord (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 Ord's return on equity (ROE)?
Forafric Global Ord (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 Ord's free cash flow?
Forafric Global Ord (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 Ord's operating cash flow?
Forafric Global Ord (AFRI) generated $356K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Forafric Global Ord's total assets?
Forafric Global Ord (AFRI) had $246.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Forafric Global Ord's capital expenditures?
Forafric Global Ord (AFRI) invested $517K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Forafric Global Ord's current ratio?
Forafric Global Ord (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 Ord's debt-to-equity ratio?
Forafric Global Ord (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 Ord's return on assets (ROA)?
Forafric Global Ord (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 Ord's Altman Z-Score?
Forafric Global Ord (AFRI) has an Altman Z-Score of -0.14, 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 Ord's Piotroski F-Score?
Forafric Global Ord (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 Ord's earnings high quality?
Forafric Global Ord (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 Ord cover its interest payments?
Forafric Global Ord (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 Ord?
Forafric Global Ord (AFRI) scores 32 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.