Forafric Global
Processes wheat into flour, semolina, couscous, and pasta through MayMouna and Tria.
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Profile
Runs a Morocco-centered wheat-processing business that sells flour, semolina, couscous, and pasta under MayMouna and Tria. Soft wheat is the main revenue line, while working-capital financing and the proposed Forafric Maroc control transaction shape the current operating setup.
Operates a wheat-centered food platform built around MayMouna and Tria, selling flour, semolina, couscous, and pasta. The group handles purchasing, storage, transport, processing, and sale of agricultural commodities rather than a broad packaged-food portfolio.
The operating footprint is centered in Morocco and reaches customers across Europe, Asia, Africa, and the Middle East. Soft wheat is the main sales line, with durum wheat and couscous-pasta activities much smaller after recent divestitures narrowed the focus.
Current execution depends on working-capital financing after crushed volumes fell in Morocco, and filings include a going-concern disclosure. A proposed transaction may give Cap Holding control of Forafric Maroc, while a broader expansion plan remains framed as evaluated opportunities rather than current products.
Company facts
Categories
Key statistics
Year to date +0.1% · Average volume (30d) 15.9K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Fiscal year | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise |
|---|---|---|---|---|---|---|
| 2023 | — | −$0.47 | — | — | $305.5M | — |
| 2022 | — | −$0.75 | — | — | $378.8M | — |
| 2021 | — | −$0.15 | — | — | $197.1M | — |
Financial highlights
| 12 quarters | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY25 | Q4 FY25 | |
|---|---|---|---|---|---|---|---|
| Revenue | $79.9M | $79.9M | $82.6M | $82.6M | $44.6M | $44.6M | |
| Gross profit | $8.5M | $8.5M | $9.4M | $9.4M | $4.9M | $4.9M | |
| Operating income | $1.3M | $1.3M | −$1.8M | −$1.8M | −$266.5K | −$266.5K | |
| Net income | −$2.0M | −$2.0M | −$6.4M | −$6.4M | −$2.0M | −$2.0M | |
| Diluted EPS | −$0.08 | −$0.08 | −$0.24 | −$0.24 | −$0.06 | −$0.06 | |
| Gross margin | 10.6% | 10.6% | 11.3% | 11.3% | 11.1% | 11.1% | |
| Operating margin | 1.6% | 1.6% | -2.2% | -2.2% | -0.6% | -0.6% |
Fiscal years (4-quarter sums)FY21 $197.1M · FY22 $378.8M · FY23 $305.5M
Revenue by product · FY25
Revenue by geography · FY24
Balance sheet, Dec 31, 2025Cash & short-term investments $14.3M · Total debt $159.4M · Total assets $246.9M · Shareholders' equity −$8.7M
Dividends
No dividends on record.
Ownership
Shares outstanding 26.96M · Float 4.96M · 18.4% free float
Insiders — no current Form 4 position.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 135.0K | 0.50% | 13F | May 13, 2026 |
| Geode Capital Management, LLC | 68.1K | 0.25% | 13F | May 15, 2026 |
| Russell Investments Group, Ltd. | 50.1K | 0.19% | 13F | May 8, 2026 |
| State Street Corp | 49.1K | 0.18% | 13F | May 15, 2026 |
| Northern Trust Corp | 38.7K | 0.14% | 13F | May 14, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Seaboard
Africa-facing grain processor with flour mills and trading
- Archer Daniels Midland
Global wheat-flour and grain-sourcing scale
- Darden Restaurants
Moroccan couscous and pasta specialist
- Bunge
Global grain merchandising with wheat milling exposure
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Forafric Global | $10.77 | −2.00% | $290.4M | — | — | 3.3 | — |
| Seaboard | $3,913.21 | +0.25% | $3.75B | 5.9 | — | 0.4 | +17.8% |
| Archer Daniels Midland | $81.68 | +0.17% | $39.30B | 22.3 | 14.1 | 0.5 | +7.1% |
| Darden Restaurants | $215.68 | −0.03% | $24.70B | 20.8 | 19.1 | 1.9 | +13.7% |
| Bunge | $115.30 | −0.13% | $22.19B | 22.4 | 10.8 | 0.2 | +88.3% |
| Median | 21.5 | 14.1 | 0.4 | +15.7% |