Welcome to our dedicated page for Farmmi news (Ticker: FAMI), a resource for investors and traders seeking the latest updates and insights on Farmmi stock.
Farmmi Inc. (NASDAQ: FAMI) delivers agricultural innovations through its global network, specializing in edible mushrooms and agtech solutions. This page provides investors with essential updates on corporate developments, operational milestones, and strategic initiatives.
Access real-time announcements including quarterly earnings, supply chain expansions, and international partnership updates. Our curated news collection enables efficient tracking of Farmmi's progress in key markets across Asia, North America, and Europe.
Discover verified information about warehouse infrastructure investments, product line updates, and distribution network enhancements. All content undergoes strict editorial review to ensure accuracy and relevance for financial decision-making.
Bookmark this page for streamlined access to Farmmi's latest regulatory filings, market positioning updates, and technology integration announcements. Stay informed about this agribusiness leader's evolving role in global food supply chains.
Farmmi, Inc. (NASDAQ: FAMI) reported significant sales growth in Asia, highlighted by a new multi-product order for dried Shiitake and black Mu Er mushrooms destined for Western Asia. Chairwoman Yefang Zhang noted that Asia is the largest market for fungi, driven by culinary uses and health applications. Farmmi's logistics partners are prioritizing the company to manage rising costs and delivery times effectively, supporting their continued sales momentum.
Farmmi, Inc. (NASDAQ: FAMI) announced a significant multi-product order from a long-term customer for dried Shiitake and black Mu Er mushrooms. This order is set for sale at Canada's largest Asian supermarket group. Chairwoman and CEO Yefang Zhang highlighted North America as a key growth market for the company, driven by increasing demand for mushrooms among both meat and non-meat diets. Innovations in flavor and texture are expected to further expand their market presence. Farmmi continues to focus on both offline and online sales.
Farmmi, Inc. (NASDAQ: FAMI) has announced a significant new order shipment of dried Shiitake mushrooms to Egypt, enhancing its market presence in Africa. Yefang Zhang, the Chairwoman and CEO, highlighted that Egypt represents a growth opportunity as the company capitalizes on the post-COVID-19 recovery and increasing demand for healthy diets. The company has invested in its infrastructure and supply chain, aiming to improve profitability and cash flow while diversifying its business.
Farmmi, Inc. (NASDAQ: FAMI) has secured a repeat customer order for its dried black fungus and mushrooms to be exported to Vancouver. Chairwoman and CEO Yefang Zhang emphasized the company's focus on growth through high-quality products and effective logistics support. Established in 1998, Farmmi is an agricultural products supplier based in China, specializing in various edible fungi and agricultural goods. The company also operates online sales through its website.
Farmmi, Inc. (NASDAQ: FAMI) has successfully completed a private placement, raising approximately US$6.0 million through the issuance of 30 million shares at a price of US$0.20 per share. This transaction falls under the exemption from registration in accordance with the Securities Act of 1933, with a restriction on public sale until September 15, 2022. The funds raised are expected to support Farmmi's operations in the agriculture sector.
Farmmi, Inc. (NASDAQ: FAMI) announced a new order for dried sliced Shiitake mushrooms to be exported to New York. CEO Yefang Zhang highlighted this achievement as part of the company's strategy to leverage its brand and supply chain for growth in key markets. The United States is noted as a significant market where demand for fungi is increasing. Farmmi aims to boost order size and volume in the U.S. and other key regions, indicating potential for further expansion in its operations.
Farmmi, Inc. (NASDAQ: FAMI) announced a new order for dried Shiitake mushrooms from its subsidiary Zhejiang Farmmi Biotechnology, destined for export to Dubai. Chairwoman and CEO Yefang Zhang noted a rebound in customer demand, contributing to increased order sizes. The company has navigated supply chain challenges during COVID-19, strengthening long-term customer relationships.
Farmmi, Inc. (NASDAQ: FAMI), a supplier of agricultural products in China, announced a repeat order from a customer for its dried Shiitake mushrooms, which will be exported to Jordan. CEO Yefang Zhang highlighted the company's commitment to meeting global demand for high-quality agricultural products. Established in 1998, Farmmi specializes in Shiitake mushrooms and other edible fungi, with sales conducted both offline and online. This new order reflects the company's ongoing success in international markets.
Farmmi, Inc. (NASDAQ: FAMI), a Chinese agriculture products supplier, announced a repeat order for dried sliced Shiitake mushrooms from a long-term customer, destined for export to Israel. The global mushroom market, valued at US$46.1 billion in 2020, is projected to grow at a CAGR of 9.5% through 2028, driven by increasing demand for protein-rich diets. CEO Yefang Zhang emphasized the company's growth strategy through existing and new markets, highlighting strong demand for their products and beneficial customer relationships.
Farmmi, Inc. (NASDAQ: FAMI) reported significant financial growth for the fiscal year 2021, achieving a 39% increase in revenue to $39.29 million compared to 2020. Net income surged 188% to $2.36 million, and total stockholders' equity rose to $159.9 million. Gross profit expanded by 10% to $5.11 million, despite a decline in gross margin to 13%. The company emphasizes its improved financial stability amid ongoing supply chain challenges, bolstered by its diversification strategy in agricultural products.
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