AgriFORCE Growing Systems Ltd. (AGRI) Financials
Newest figures come from the 10-Q for Q1 FY2026, 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 AGRI SEC filings page.
AgriFORCE Growing Systems Ltd. (AGRI) reported $4.6M in revenue over the twelve months to Mar 31, 2026. 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).
AgriFORCE’s numbers describe an asset-heavy business whose 2025 expansion was financed externally while operating losses still exceeded sales.
The asset base jumped from$10.8M in FY2024 to$195.0M in FY2025, yet operating cash flow remained negative. With financing cash flow of$151.7M alongside investing cash flow of-$115.5M , the expansion appears funded by external capital rather than internally generated cash.
Revenue moved from
The reported debt-to-equity ratio was 0.0x and the current ratio was 4.2x in FY2025, pointing to low reported debt relative to equity and stronger short-term coverage. The liquidity measure equaled 18.4 months of the latest annual operating outflow, which was
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 AgriFORCE Growing Systems Ltd.'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.
AgriFORCE Growing Systems Ltd. held $22.1M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $14.4M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and AgriFORCE Growing Systems Ltd. scores 43/100 among other emerging companies.
AgriFORCE Growing Systems Ltd. had 93M shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and AgriFORCE Growing Systems Ltd. scores 1/100 among other emerging companies.
AgriFORCE Growing Systems Ltd. spent $19K on research and development in fiscal year 2025, which was 0.1% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and AgriFORCE Growing Systems Ltd. scores 3/100 among other emerging companies.
AgriFORCE Growing Systems Ltd. reported revenue of $2.3M in fiscal year 2025, against $27K in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and AgriFORCE Growing Systems Ltd. scores 98/100 among other emerging companies.
AgriFORCE Growing Systems Ltd.'s operations used $14.4M of cash in fiscal year 2025, against $5.3M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and AgriFORCE Growing Systems Ltd. scores 17/100 among other emerging companies.
AgriFORCE Growing Systems Ltd.'s cash, cash equivalents and investments came to $22.1M at the end of fiscal year 2025, against $8.0M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and AgriFORCE Growing Systems Ltd. scores 81/100 among other emerging companies.
AgriFORCE Growing Systems Ltd. scores -0.64, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($3.1M) relative to total liabilities ($8.0M). 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.
AgriFORCE Growing Systems Ltd. passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
AgriFORCE Growing Systems Ltd. reported a net loss of $33.2M while operations used $14.4M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
AgriFORCE Growing Systems Ltd. generated $2.5M in revenue in Q1 2026. This represents an increase of 819.8% from the same quarter a year earlier. Against the prior quarter it is up 130.4%.
AgriFORCE Growing Systems Ltd.'s EBITDA was -$44.3M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 2773.7% from the same quarter a year earlier. Against the prior quarter it is down 186.8%.
AgriFORCE Growing Systems Ltd. reported -$46.4M in net income in Q1 2026. This represents a decrease of 31893.8% from the same quarter a year earlier. Against the prior quarter it is down 178.8%.
AgriFORCE Growing Systems Ltd. earned -$0.48 per diluted share (EPS) in Q1 2026.
Cash & Balance Sheet
AgriFORCE Growing Systems Ltd. recorded an outflow of $3.9M in free cash flow in Q1 2026, representing a cash shortfall after capex.
AgriFORCE Growing Systems Ltd. held $16.5M in cash as of Q1 2026; long-term debt is not reported for that period.
Not reported for Q1 2026.
Margins & Returns
AgriFORCE Growing Systems Ltd.'s ROE was -32.5% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is down 30.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 23.6 percentage points.
Not reported for Q1 2026.
Not shown for Q1 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q1 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
AgriFORCE Growing Systems Ltd. spent $3.0M on share buybacks in Q1 2026, returning capital to shareholders by reducing shares outstanding.
AgriFORCE Growing Systems Ltd. invested $2.5M in capex in Q1 2026, funding long-term assets and infrastructure.
Not reported for Q1 2026.
AGRI 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.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.5M+819.8% | $1.1M | $526K | $452K+993.9% | $273K | N/A | N/A | $41K |
| Cost of Revenue | N/A | N/A | N/A | N/A | $265K | N/A | N/A | $34K |
| Gross Profit | N/A | N/A | N/A | N/A | $79K | N/A | N/A | $8K |
| R&D Expenses | N/A | N/A | N/A | N/A | $233K+6404.3% | N/A | $54K+99.8% | $509-96.2% |
| SG&A Expenses | $2.3M+68.5% | -$561K | $186K-32.9% | $164K-42.3% | $1.3M+355.6% | N/A | $277K+44.6% | $285K-3.0% |
| Operating Income | -$44.6M-2373.1% | -$15.8M | -$2.6M+52.4% | -$1.5M-27.1% | -$1.8M-33.8% | N/A | -$5.5M-236.2% | -$1.2M+59.9% |
| EBITDA | -$44.3M-2773.7% | -$15.5M | -$2.3M+56.8% | -$1.2M-16.0% | -$1.5M-30.7% | N/A | -$5.3M-264.6% | -$1.0M+63.3% |
| Net Income | -$46.4M-31893.8% | -$16.6M | -$8.4M-42.8% | -$8.1M-90.5% | -$145K+95.6% | N/A | -$5.8M-67.4% | -$4.2M-67.5% |
| EPS (Basic) | -$0.48+38.5% | N/A | -$5.55-9602.8% | -$27.60-33153.0% | -$0.78+97.0% | N/A | -$0.06+98.6% | -$0.08+98.4% |
| EPS (Diluted) | -$0.48 | N/A | -$5.55 | -$27.60 | -$10.57 | N/A | -$57.19 | -$83.03 |
| Diluted Shares (Avg) | 97,525 | N/A | 2M | 292,021 | 643 | N/A | 102,240 | 50,973 |
Not reported in any period shown, so not listed: Interest Expense, Income Tax.
AGRI 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 | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $157.1M+833.7% | $195.0M+1711.3% | $16.5M+53.0% | $15.2M-2.7% | $16.8M+5.2% | $10.8M-38.0% | $10.8M-37.7% | $15.7M-14.1% |
| Current Assets | $38.9M+1252.6% | $33.5M+2515.5% | $3.0M+53.5% | $1.4M-57.2% | $2.9M-13.0% | $1.3M-69.7% | $1.9M+67.5% | $3.3M+119.9% |
| Cash & Equivalents | $16.5M+1118.2% | $22.1M+4418.6% | $895K-34.9% | $185K-93.7% | $1.4M-52.8% | $490K-87.4% | $1.4M+134.1% | $2.9M+192.2% |
| Inventory | N/A | N/A | $6K-87.4% | $6K+29.0% | $42K | $6K-84.7% | $47K+23.6% | $5K |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | $163 | $8K |
| Goodwill | $1.5M-16.1% | $1.5M+420.4% | $1.5M+388.4% | $1.5M | $1.8M | $295K | $314K | N/A |
| Total Liabilities | $14.3M+37.3% | $8.0M+71.7% | $4.4M+5.7% | $11.2M+157.6% | $10.4M+47.8% | $4.7M-47.1% | $4.1M-58.7% | $4.3M-60.2% |
| Current Liabilities | N/A | $8.0M+84.9% | $4.3M+36.6% | $11.1M+318.9% | $8.5M+110.2% | $4.3M-28.5% | $3.2M-53.9% | $2.6M-62.3% |
| Non-Current Liabilities | N/A | -$2K-100.6% | $42K-95.7% | $115K-93.2% | $1.9M-35.9% | $332K-88.0% | $962K-69.2% | $1.7M-56.5% |
| Long-Term Debt | N/A | N/A | $1.8M-16.3% | $8.6M+172.3% | $10.2M | $1.5M | $2.2M | $3.1M |
| Total Equity | $142.8M+2128.2% | $187.0M+2959.2% | $12.2M+82.2% | $4.1M-64.2% | $6.4M-28.3% | $6.1M-28.6% | $6.7M-9.3% | $11.3M+54.9% |
| Retained Earnings | -$140.4M-130.4% | -$94.0M-54.6% | -$77.3M-33.5% | -$69.0M-32.5% | -$60.9M-27.4% | -$60.8M-36.6% | -$57.9M-42.9% | -$52.1M-40.6% |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.
AGRI 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.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.3M+37.9% | -$9.0M-389.2% | -$2.4M-98.0% | -$884K+3.9% | -$2.2M-66.0% | -$1.8M-72.6% | -$1.2M-9.4% | -$919K+45.7% |
| Depreciation & Amortization | $253K-2.7% | $315K | $311K+90.2% | $318K+95.4% | $260K+55.7% | N/A | $164K-5.0% | $163K-5.2% |
| Stock-Based Compensation | $253K+99.2% | N/A | $1.1M+1690.8% | $81K+109.7% | $127K+895.3% | N/A | $64K-21.1% | $39K-63.9% |
| Capital Expenditures | $2.5M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | -$3.9M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$2.5M+46.5% | -$110.0M-7166.6% | $166K | -$918K | -$4.8M | -$1.5M | N/A | N/A |
| Financing Cash Flow | $3.7M-53.8% | $140.2M+6143.1% | $2.9M | $609K-43.7% | $7.9M+2718.8% | $2.2M-50.5% | $0-100.0% | $1.1M+9588.8% |
| Share Buybacks | $3.0M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
AGRI 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.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | 28.9% | N/A | N/A | 18.4% |
| Operating Margin | -1774.8% | -1446.6% | -496.6% | -328.4% | -660.1% | N/A | N/A | -2827.7% |
| Net Margin | -1847.5% | -1526.6% | -1588.0% | -1783.4% | -53.1% | N/A | N/A | -10243.5% |
| Return on Equity | -32.5%-30.2pp | -8.9% | -68.7%+18.9pp | -198.6%-161.2pp | -2.3%+35.0pp | N/A | -87.7%-40.2pp | -37.4%-2.8pp |
| Return on Assets | -29.5%-28.7pp | -8.5% | -50.6%+3.6pp | -52.9%-25.9pp | -0.9%+20.0pp | N/A | -54.2%-34.0pp | -27.0%-13.2pp |
| Current Ratio | N/A | 4.19+3.9x | 0.69+0.1x | 0.13-1.1x | 0.34-0.5x | 0.30-0.4x | 0.62+0.4x | 1.24+1.0x |
| Debt-to-Equity | 0.10-1.5x | 0.04-0.2x | 0.15-0.2x | 2.11+1.8x | 1.59+0.8x | 0.24-0.8x | 0.33-1.0x | 0.28-1.2x |
| Asset Turnover | 0.020.0x | 0.01 | 0.03 | 0.030.0x | 0.02 | N/A | N/A | 0.00 |
| FCF Margin | -154.2% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
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 |
|---|---|---|---|---|---|---|
| AgriFORCE Growing Systems Ltd. AGRI | FY2025 | $2.3M | -$33.2M | N/A | $3.1M | 41/100 |
| AquaBounty Technologies, Inc. AQB | FY2025 | N/A | -$18.5M | N/A | $4.8M | — |
| Edible Garden AG Incorporated EDBL | FY2025 | $12.8M | -$17.3M | N/A | $2.2M | 31/100 |
| SHINECO INC SISI | FY2024 | $9.8M | -$22.4M | N/A | $5.0M | — |
| Sadot Group Inc. SDOT | FY2025 | N/A | N/A | N/A | $18.3M | — |
| Local Bounti Corporation LOCL | FY2025 | $48.4M | -$94.4M | N/A | $25.6M | 34/100 |
Where AgriFORCE Growing Systems Ltd. Ranks
Frequently Asked Questions
What is AgriFORCE Growing Systems Ltd.'s annual revenue?
AgriFORCE Growing Systems Ltd. (AGRI) reported $2.3M in total revenue for fiscal year 2025. This represents a 8709.3% 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 AgriFORCE Growing Systems Ltd.'s revenue growing?
AgriFORCE Growing Systems Ltd. (AGRI) revenue grew by 8709.3% year-over-year, from $27K to $2.3M in fiscal year 2025.
Is AgriFORCE Growing Systems Ltd. profitable?
No, AgriFORCE Growing Systems Ltd. (AGRI) reported a net income of -$33.2M in fiscal year 2025.
What is AgriFORCE Growing Systems Ltd.'s EBITDA?
AgriFORCE Growing Systems Ltd. (AGRI) had EBITDA of -$20.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is AgriFORCE Growing Systems Ltd.'s return on equity (ROE)?
AgriFORCE Growing Systems Ltd. (AGRI) has a return on equity of -17.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is AgriFORCE Growing Systems Ltd.'s operating cash flow?
AgriFORCE Growing Systems Ltd. (AGRI) recorded an outflow of $14.4M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are AgriFORCE Growing Systems Ltd.'s total assets?
AgriFORCE Growing Systems Ltd. (AGRI) had $195.0M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does AgriFORCE Growing Systems Ltd. spend on research and development?
AgriFORCE Growing Systems Ltd. (AGRI) invested $19K in research and development during fiscal year 2025.
What is AgriFORCE Growing Systems Ltd.'s current ratio?
AgriFORCE Growing Systems Ltd. (AGRI) had a current ratio of 4.19 as of fiscal year 2025, which is generally considered healthy.
What is AgriFORCE Growing Systems Ltd.'s debt-to-equity ratio?
AgriFORCE Growing Systems Ltd. (AGRI) had a debt-to-equity ratio of 0.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is AgriFORCE Growing Systems Ltd.'s return on assets (ROA)?
AgriFORCE Growing Systems Ltd. (AGRI) had a return on assets of -17.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does AgriFORCE Growing Systems Ltd.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, AgriFORCE Growing Systems Ltd. (AGRI) held $22.1M in cash, cash equivalents and investments, and reported an operating cash outflow of $14.4M over that year. Dividing the one by the other, the reported balance equals about 18 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is AgriFORCE Growing Systems Ltd.'s Altman Z-Score?
AgriFORCE Growing Systems Ltd. (AGRI) has an Altman Z-Score of -0.64, 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 AgriFORCE Growing Systems Ltd.'s Piotroski F-Score?
AgriFORCE Growing Systems Ltd. (AGRI) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 AgriFORCE Growing Systems Ltd.'s earnings high quality?
AgriFORCE Growing Systems Ltd. (AGRI) reported a net loss of $33.2M while operations used $14.4M of cash. With neither figure positive, 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.
How financially healthy is AgriFORCE Growing Systems Ltd.?
AgriFORCE Growing Systems Ltd. (AGRI) scores 41 out of 100 on our Financial Health Score, indicating moderate 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.