Forafric Global PLC Warrants (AFRIW) Financials
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 AFRIW SEC filings page.
Forafric Global PLC Warrants (AFRIW) 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).
Thin operating margins are being overwhelmed by interest costs, while shrinking equity magnifies leverage and liquidity strain.
The unusual combination is a slightly better gross margin in FY2025, at10.4% , alongside a still-negative operating margin of-2.0% : gross profit improved relative to sales, but overhead and other operating costs still consume it. Debt-to-equity rose from 0.4x in FY2023 to 2.6x in FY2025 mainly because equity shrank toward zero, not because liabilities expanded proportionally; this makes the leverage ratio increasingly sensitive to small earnings losses.
Cash conversion has swung rather than stabilized: FY2023 and FY2024 produced positive operating cash flow and free cash flow, but FY2025 generated only
The current ratio fell from 0.5x in FY2023 to 0.3x in FY2025, showing that current assets cover progressively less of near-term obligations. Meanwhile, FY2025 total assets were roughly
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 Warrants'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 Warrants 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 Warrants scores 85/100 among other emerging companies.
Forafric Global PLC Warrants 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 Warrants scores 73/100 among other emerging companies.
Not available for Forafric Global PLC Warrants, and counted as zero in the overall score.
Forafric Global PLC Warrants 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 Warrants scores 16/100 among other emerging companies.
Not available for Forafric Global PLC Warrants, and counted as zero in the overall score.
Forafric Global PLC Warrants'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 Warrants scores 11/100 among other emerging companies.
Forafric Global PLC Warrants 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 Warrants 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 Warrants 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 Warrants 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.
AFRIW 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).
AFRIW 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 |
AFRIW 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.
AFRIW 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 Warrants AFRIW | FY2025 | $176.5M | -$14.9M | -8.4% | N/A | 31/100 |
| Edible Garden AG Incorporated Warrant EDBLW | FY2025 | $12.8M | -$17.3M | N/A | N/A | 31/100 |
| CHS Inc. 8% Cumulative Redeemable Pfd CHSCP | FY2025 | $35.5B | $597.9M | 1.7% | N/A | 33/100 |
| Davis Commodities Limited DTCK | FY2025 | $184.2M | -$5.0M | -2.7% | $1.4M | 19/100 |
| Sadot Group Inc. SDOT | FY2025 | N/A | N/A | N/A | $18.0M | — |
Where Forafric Global PLC Warrants Ranks
Frequently Asked Questions
What is Forafric Global PLC Warrants's annual revenue?
Forafric Global PLC Warrants (AFRIW) 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 Warrants's revenue growing?
Forafric Global PLC Warrants (AFRIW) revenue declined by 35.6% year-over-year, from $274.2M to $176.5M in fiscal year 2025.
Is Forafric Global PLC Warrants profitable?
No, Forafric Global PLC Warrants (AFRIW) reported a net income of -$14.9M in fiscal year 2025, with a net profit margin of -8.4%.
What is Forafric Global PLC Warrants's EBITDA?
Forafric Global PLC Warrants (AFRIW) had EBITDA of $2.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Forafric Global PLC Warrants have?
As of fiscal year 2025, Forafric Global PLC Warrants (AFRIW) had $14.3M in cash and equivalents against $17.6M in long-term debt.
What is Forafric Global PLC Warrants's gross margin?
Forafric Global PLC Warrants (AFRIW) 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 Warrants's operating margin?
Forafric Global PLC Warrants (AFRIW) 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 Warrants's net profit margin?
Forafric Global PLC Warrants (AFRIW) 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 Warrants's return on equity (ROE)?
Forafric Global PLC Warrants (AFRIW) 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 Warrants's free cash flow?
Forafric Global PLC Warrants (AFRIW) 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 Warrants's operating cash flow?
Forafric Global PLC Warrants (AFRIW) generated $356K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Forafric Global PLC Warrants's total assets?
Forafric Global PLC Warrants (AFRIW) had $246.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Forafric Global PLC Warrants's capital expenditures?
Forafric Global PLC Warrants (AFRIW) invested $517K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Forafric Global PLC Warrants's current ratio?
Forafric Global PLC Warrants (AFRIW) 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 Warrants's debt-to-equity ratio?
Forafric Global PLC Warrants (AFRIW) 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 Warrants's return on assets (ROA)?
Forafric Global PLC Warrants (AFRIW) 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 Warrants's Piotroski F-Score?
Forafric Global PLC Warrants (AFRIW) 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 Warrants's earnings high quality?
Forafric Global PLC Warrants (AFRIW) 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 Warrants cover its interest payments?
Forafric Global PLC Warrants (AFRIW) 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 Warrants?
Forafric Global PLC Warrants (AFRIW) 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.