Go Pro

Forafric Global (AFRI) Financials

Forafric Global logo
$10.22 0.00 (0.00%)
Closing price 07/2/2026 04:00 PM Eastern
Extended Trading
$10.23 +0.01 (+0.10%)
As of 04:06 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for Forafric Global

Annual Income Statements for Forafric Global

This table shows Forafric Global's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024 2025
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-0.11 -7.98 -19 -13 -24 -15
Consolidated Net Income / (Loss)
-0.14 -7.78 -19 -13 -23 -14
Net Income / (Loss) Continuing Operations
-0.14 -7.78 -15 -13 -23 -12
Total Pre-Tax Income
0.00 -7.87 -17 -12 -22 -11
Total Operating Income
9.89 3.39 2.28 1.24 -7.76 -3.56
Total Gross Profit
40 42 29 29 27 18
Total Revenue
197 262 284 302 274 176
Operating Revenue
197 262 284 302 274 176
Total Cost of Revenue
156 219 255 273 247 158
Operating Cost of Revenue
156 219 255 273 247 158
Total Operating Expenses
31 39 27 27 35 22
Selling, General & Admin Expense
31 39 27 27 35 22
Total Other Income / (Expense), net
-9.89 -11 -19 -13 -14 -7.17
Interest Expense
6.85 10 12 13 13 14
Interest & Investment Income
0.00 0.54 0.03 0.04 0.03 0.05
Other Income / (Expense), net
-3.04 -1.44 -7.32 0.24 -1.14 7.10
Income Tax Expense
0.14 -0.09 -1.84 0.59 1.65 1.38
Net Income / (Loss) Discontinued Operations
- - -4.06 0.04 -0.02 -1.69
Net Income / (Loss) Attributable to Noncontrolling Interest
-0.03 0.20 -0.04 0.17 0.97 1.10
Weighted Average Basic Shares Outstanding
619.49K 20.56M 26.60M 26.88M 26.88M 26.90M
Weighted Average Diluted Shares Outstanding
- 20.56M 26.60M 26.88M 26.88M 26.90M
Weighted Average Basic & Diluted Shares Outstanding
- - 56.88M 26.88M 26.90M 26.92M

Quarterly Income Statements for Forafric Global

No quarterly income statements for Forafric Global are available.


Annual Cash Flow Statements for Forafric Global

This table details how cash moves in and out of Forafric Global's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024 2025
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
3.69 1.71 10 -0.81 -12 2.08
Net Cash From Operating Activities
-11 -26 -58 33 23 0.36
Net Cash From Continuing Operating Activities
-11 -26 -59 33 22 0.96
Net Income / (Loss) Continuing Operations
-0.14 -7.78 -15 -13 -23 -12
Consolidated Net Income / (Loss)
-0.14 -7.78 -19 -13 -23 -14
Net Income / (Loss) Discontinued Operations
- - -4.06 0.04 -0.02 -1.69
Depreciation Expense
3.64 3.93 4.72 4.49 4.34 4.79
Amortization Expense
1.33 1.28 1.60 1.32 1.71 1.78
Non-Cash Adjustments To Reconcile Net Income
1.51 2.79 -4.46 0.36 5.00 -4.27
Changes in Operating Assets and Liabilities, net
-18 -26 -46 40 35 11
Net Cash From Discontinued Operating Activities
- - 1.81 0.04 1.21 -0.61
Net Cash From Investing Activities
-0.70 -15 -4.03 -9.84 -2.06 7.28
Net Cash From Continuing Investing Activities
-0.70 -15 -3.97 -9.79 -2.05 7.32
Purchase of Property, Plant & Equipment
-0.66 -4.83 -4.47 -9.49 -1.78 -0.52
Acquisitions
-0.28 -9.66 -0.26 -0.36 -0.28 -0.45
Sale of Property, Plant & Equipment
0.24 0.49 0.77 0.05 0.01 0.00
Divestitures
- - - 0.00 0.00 8.29
Net Cash From Discontinued Investing Activities
- - -0.06 -0.04 -0.01 -0.04
Net Cash From Financing Activities
19 43 75 -21 -33 -6.12
Net Cash From Continuing Financing Activities
19 43 77 -21 -31 -6.69
Repayment of Debt
-90 -37 -48 -83 -89 -4.26
Issuance of Debt
108 80 107 62 59 -2.43
Other Financing Activities, net
0.00 0.00 18 0.00 0.00 0.00
Net Cash From Discontinued Financing Activities
- - -1.55 0.21 -2.40 0.57
Effect of Exchange Rate Changes
-2.90 -0.48 -2.96 -3.11 -0.01 0.57
Cash Interest Paid
6.85 9.20 11 16 13 13
Cash Income Taxes Paid
1.90 2.50 2.23 1.99 2.23 1.10

Quarterly Cash Flow Statements for Forafric Global

No quarterly cash flow statements for Forafric Global are available.


Annual Balance Sheets for Forafric Global

This table presents Forafric Global's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024 2025
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
300 307 309 246 247
Total Current Assets
118 144 121 77 68
Cash & Equivalents
14 25 24 12 14
Accounts Receivable
51 75 53 25 18
Inventories, net
38 27 28 15 14
Prepaid Expenses
12 16 15 11 9.24
Other Current Assets
2.49 - 0.29 14 12
Plant, Property, & Equipment, net
109 101 107 102 108
Total Noncurrent Assets
73 63 81 67 71
Goodwill
52 46 44 43 47
Intangible Assets
3.98 3.72 4.65 4.40 5.16
Other Noncurrent Operating Assets
17 13 18 20 19
Total Liabilities & Shareholders' Equity
300 307 309 246 247
Total Liabilities
252 262 280 241 240
Total Current Liabilities
203 238 254 207 208
Short-Term Debt
90 54 60 57 59
Accounts Payable
26 27 46 35 41
Accrued Expenses
13 19 18 23 24
Other Current Liabilities
73 138 128 91 83
Other Current Nonoperating Liabilities
- - 1.22 1.57 0.48
Total Noncurrent Liabilities
49 24 27 33 33
Long-Term Debt
14 12 13 21 20
Noncurrent Deferred & Payable Income Tax Liabilities
19 12 10 9.57 10
Other Noncurrent Operating Liabilities
15 0.00 2.68 3.09 2.61
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
48 45 29 5.32 6.66
Total Preferred & Common Equity
40 38 23 -1.67 -8.69
Preferred Stock
0.00 0.00 0.00 0.00 0.00
Total Common Equity
40 38 23 -1.67 -8.69
Common Stock
120 144 143 144 152
Retained Earnings
-84 -103 -115 -140 -155
Accumulated Other Comprehensive Income / (Loss)
3.69 -2.98 -5.01 -5.67 -6.19
Noncontrolling Interest
7.52 6.90 6.41 6.99 15

Quarterly Balance Sheets for Forafric Global

No quarterly balance sheets for Forafric Global are available.


Annual Metrics And Ratios for Forafric Global

This table displays calculated financial ratios and metrics derived from Forafric Global's official financial filings.

Metric 2020 2021 2022 2023 2024 2025
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding
0.00 0.00 56,879,092.00 26,879,202.00 26,901,592.00 26,917,597.00
DEI Adjusted Shares Outstanding
0.00 0.00 56,879,092.00 26,879,202.00 26,901,592.00 26,917,597.00
DEI Earnings Per Adjusted Shares Outstanding
0.00 0.00 -0.34 -0.47 -0.90 -0.55
Growth Metrics
- - - - - -
Revenue Growth
0.00% 33.10% 8.50% 6.35% -9.18% -35.64%
EBITDA Growth
0.00% -39.45% -82.29% 475.45% -139.16% 454.40%
EBIT Growth
0.00% -71.58% -359.35% 129.30% -701.62% 139.84%
NOPAT Growth
0.00% 100.69% -32.81% -45.41% -724.88% 54.19%
Net Income Growth
0.00% -5,500.00% -146.27% 34.75% -86.72% 40.95%
EPS Growth
0.00% 0.00% 60.53% 100.00% 0.00% 0.00%
Operating Cash Flow Growth
0.00% -126.86% -121.01% 157.89% -29.59% -98.48%
Free Cash Flow Firm Growth
0.00% 0.00% 140.09% -62.25% -156.51% 86.09%
Invested Capital Growth
0.00% 0.00% -38.26% -23.08% 9.47% -1.20%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics
- - - - - -
Gross Margin
20.55% 16.19% 10.29% 9.45% 9.97% 10.42%
EBITDA Margin
6.01% 2.73% 0.45% 2.41% -1.04% 5.73%
Operating Margin
5.03% 1.29% 0.80% 0.41% -2.83% -2.01%
EBIT Margin
3.48% 0.74% -1.78% 0.49% -3.24% 2.01%
Profit (Net Income) Margin
-0.07% -2.97% -6.75% -4.14% -8.52% -7.81%
Tax Burden Percent
-3,475.00% 98.87% 113.05% 104.56% 107.72% 128.61%
Interest Burden Percent
0.06% -404.57% 335.98% -808.79% 243.67% -302.45%
Effective Tax Rate
3,575.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
0.00% 3.41% 1.42% 1.15% -7.86% -3.47%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% -18.83% -30.00% -33.31% -42.41% -20.63%
Return on Net Nonoperating Assets (RNNOA)
0.00% -36.08% -42.82% -34.88% -127.45% -226.89%
Return on Equity (ROE)
0.00% -32.67% -41.40% -33.73% -135.31% -230.35%
Cash Return on Invested Capital (CROIC)
0.00% -196.59% 48.72% 27.23% -16.90% -2.26%
Operating Return on Assets (OROA)
0.00% 0.65% -1.66% 0.48% -3.20% 1.44%
Return on Assets (ROA)
0.00% -2.60% -6.32% -4.06% -8.41% -5.59%
Return on Common Equity (ROCE)
0.00% -27.52% -34.95% -27.68% -82.79% 199.36%
Return on Equity Simple (ROE_SIMPLE)
0.00% -19.39% -50.38% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)
-344 2.37 1.59 0.87 -5.43 -2.49
NOPAT Margin
-174.83% 0.91% 0.56% 0.29% -1.98% -1.41%
Net Nonoperating Expense Percent (NNEP)
0.00% 22.24% 31.42% 34.46% 34.56% 17.17%
Return On Investment Capital (ROIC_SIMPLE)
- - 1.44% 0.85% -6.55% -2.92%
Cost of Revenue to Revenue
79.45% 83.81% 89.71% 90.55% 90.03% 89.58%
SG&A Expenses to Revenue
15.52% 14.90% 9.49% 9.04% 12.80% 12.44%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
15.52% 14.90% 9.49% 9.04% 12.80% 12.44%
Earnings before Interest and Taxes (EBIT)
6.85 1.95 -5.05 1.48 -8.90 3.55
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
12 7.16 1.27 7.29 -2.86 10
Valuation Ratios
- - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 26.42 0.00 0.00
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
0.00 0.00 0.00 1.99 1.00 1.68
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 9.97 4.81 5.27
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 0.00 2.18 1.27 2.13
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 90.29 0.00 37.19
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 445.09 0.00 106.16
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 757.18 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 19.75 14.82 1,057.08
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 31.85 0.00 0.00
Leverage & Solvency
- - - - - -
Debt to Equity
0.00 2.19 1.46 2.52 14.60 11.80
Long-Term Debt to Equity
0.00 0.30 0.26 0.45 3.92 2.97
Financial Leverage
0.00 1.92 1.43 1.05 3.00 11.00
Leverage Ratio
0.00 6.29 6.56 8.31 16.09 41.18
Compound Leverage Factor
0.00 -25.46 22.02 -67.25 39.21 -124.54
Debt to Total Capital
0.00% 68.68% 59.37% 71.57% 93.59% 92.19%
Short-Term Debt to Total Capital
0.00% 59.39% 48.85% 58.69% 68.46% 68.95%
Long-Term Debt to Total Capital
0.00% 9.29% 10.51% 12.89% 25.13% 23.24%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 4.94% 6.24% 6.24% 8.43% 18.01%
Common Equity to Total Capital
0.00% 26.38% 34.40% 22.19% -2.02% -10.20%
Debt to EBITDA
0.00 14.60 51.84 10.09 -27.18 7.76
Net Debt to EBITDA
0.00 12.59 32.24 6.79 -22.89 6.35
Long-Term Debt to EBITDA
0.00 1.97 9.18 1.82 -7.30 1.96
Debt to NOPAT
0.00 44.08 41.24 84.58 -14.28 -31.57
Net Debt to NOPAT
0.00 38.01 25.65 56.97 -12.03 -25.82
Long-Term Debt to NOPAT
0.00 5.96 7.30 15.23 -3.83 -7.96
Altman Z-Score
0.00 0.00 0.00 1.25 0.25 -0.05
Noncontrolling Interest Sharing Ratio
0.00% 15.77% 15.57% 17.95% 38.82% 186.54%
Liquidity Ratios
- - - - - -
Current Ratio
0.00 0.58 0.60 0.48 0.37 0.33
Quick Ratio
0.00 0.32 0.42 0.30 0.18 0.16
Cash Flow Metrics
- - - - - -
Free Cash Flow to Firm (FCFF)
0.00 -137 55 21 -12 -1.62
Operating Cash Flow to CapEx
-2,727.32% -599.49% -1,554.24% 353.10% 1,326.51% 68.86%
Free Cash Flow to Firm to Interest Expense
0.00 -13.18 4.58 1.53 -0.91 -0.11
Operating Cash Flow to Interest Expense
-1.68 -2.51 -4.82 2.47 1.83 0.02
Operating Cash Flow Less CapEx to Interest Expense
-1.74 -2.93 -5.13 1.77 1.69 -0.01
Efficiency Ratios
- - - - - -
Asset Turnover
0.00 0.87 0.94 0.98 0.99 0.72
Accounts Receivable Turnover
0.00 5.12 4.50 4.70 7.05 8.24
Inventory Turnover
0.00 5.84 7.86 9.84 11.32 10.79
Fixed Asset Turnover
0.00 2.39 2.70 2.91 2.63 1.69
Accounts Payable Turnover
0.00 8.37 9.52 7.44 6.06 4.13
Days Sales Outstanding (DSO)
0.00 71.33 81.19 77.58 51.75 44.29
Days Inventory Outstanding (DIO)
0.00 62.52 46.41 37.11 32.23 33.83
Days Payable Outstanding (DPO)
0.00 43.60 38.32 49.07 60.26 88.28
Cash Conversion Cycle (CCC)
0.00 90.25 89.28 65.62 23.72 -10.16
Capital & Investment Metrics
- - - - - -
Invested Capital
0.00 139 86 66 72 71
Invested Capital Turnover
0.00 3.77 2.53 3.98 3.97 2.46
Increase / (Decrease) in Invested Capital
0.00 139 -53 -20 6.25 -0.86
Enterprise Value (EV)
0.00 0.00 0.00 658 348 376
Market Capitalization
0.00 0.00 0.00 602 276 297
Book Value per Share
$0.00 $1.95 $1.43 $0.40 ($0.06) ($0.32)
Tangible Book Value per Share
$0.00 ($0.75) ($0.43) ($0.45) ($1.82) ($2.25)
Total Capital
0.00 152 111 103 83 85
Total Debt
0.00 104 66 74 78 79
Total Long-Term Debt
0.00 14 12 13 21 20
Net Debt
0.00 90 41 50 65 64
Capital Expenditures (CapEx)
0.42 4.35 3.70 9.44 1.77 0.52
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 -9.39 -65 -96 -85 -95
Debt-free Net Working Capital (DFNWC)
0.00 5.00 -41 -72 -73 -81
Net Working Capital (NWC)
0.00 -85 -95 -132 -130 -139
Net Nonoperating Expense (NNE)
-344 10 21 13 18 11
Net Nonoperating Obligations (NNO)
0.00 91 41 37 67 65
Total Depreciation and Amortization (D&A)
4.97 5.21 6.31 5.81 6.04 6.57
Debt-free, Cash-free Net Working Capital to Revenue
0.00% -3.59% -23.03% -31.85% -31.13% -53.81%
Debt-free Net Working Capital to Revenue
0.00% 1.91% -14.29% -23.90% -26.67% -45.70%
Net Working Capital to Revenue
0.00% -32.62% -33.32% -43.87% -47.36% -78.99%
Earnings Adjustments
- - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 ($0.72) ($0.47) $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 26.60M 26.88M 26.88M 26.90M
Adjusted Diluted Earnings per Share
$0.00 $0.00 $0.00 ($0.47) $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 56.88M 26.88M 26.88M 26.90M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 56.88M 26.88M 26.90M 26.92M
Normalized Net Operating Profit after Tax (NOPAT)
6.92 2.37 1.59 0.87 -5.43 -2.49
Normalized NOPAT Margin
3.52% 0.91% 0.56% 0.29% -1.98% -1.41%
Pre Tax Income Margin
0.00% -3.01% -5.97% -3.96% -7.91% -6.08%
Debt Service Ratios
- - - - - -
EBIT to Interest Expense
1.00 0.19 -0.42 0.11 -0.69 0.25
NOPAT to Interest Expense
-50.20 0.23 0.13 0.06 -0.42 -0.17
EBIT Less CapEx to Interest Expense
0.94 -0.23 -0.73 -0.59 -0.83 0.21
NOPAT Less CapEx to Interest Expense
-50.26 -0.19 -0.18 -0.64 -0.56 -0.21
Payout Ratios
- - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for Forafric Global

No quarterly metrics and ratios for Forafric Global are available.



Financials Breakdown Chart

Forafric Global Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Forafric Global's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Forafric Global's net income appears to be on an upward trend, with a most recent value of -$13.79 million in 2025, rising from -$139 thousand in 2020. The previous period was -$23.36 million in 2024. View Forafric Global's forecast to see where analysts expect Forafric Global to go next.

Forafric Global's total operating income in 2025 was -$3.56 million, based on the following breakdown:
  • Total Gross Profit: $18.40 million
  • Total Operating Expenses: $21.95 million

Over the last 5 years, Forafric Global's total revenue changed from $196.60 million in 2020 to $176.49 million in 2025, a change of -10.2%.

Forafric Global's total liabilities were at $240.28 million at the end of 2025, a 0.2% decrease from 2024, and a 4.7% decrease since 2021.

In the past 4 years, Forafric Global's cash and equivalents has ranged from $12.23 million in 2024 to $24.83 million in 2022, and is currently $14.31 million as of their latest financial filing in 2025.

Over the last 5 years, Forafric Global's book value per share changed from 0.00 in 2020 to -0.32 in 2025, a change of -32.3%.



Financial statements for NASDAQ:AFRI last updated on 7/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners