Forafric Global (AFRI)
Processes wheat into flour, semolina, couscous, and pasta through MayMouna and Tria.
$11.03
vs last close−0.04 (−0.36%)
In millions of USD, except per-share figures
| In millions | Q1 FY22Mar 2022 | Q2 FY22Jun 2022 | Q3 FY22Sep 2022 | Q4 FY22Dec 2022 | Q1 FY23Mar 2023 | Q2 FY23Jun 2023 | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 89 | 155 | 67 | 67 | 73 | 73 | 80 | 80 | 83 | 83 | 45 | 45 |
| Cost of revenue | 80 | 139 | 60 | 60 | 66 | 66 | 71 | 71 | 73 | 73 | 40 | 40 |
| Gross profit | 10 | 16 | 7 | 7 | 7 | 7 | 8 | 8 | 9 | 9 | 5 | 5 |
| 9 | 15 | 11 | 11 | 8 | 8 | 7 | 5 | 11 | 11 | 5 | 5 | |
| Selling, general & administrative | 9 | 15 | 8 | 8 | 8 | 8 | 7 | 7 | 9 | 9 | 5 | 5 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −2 | 2 | 2 | 0 | 0 |
| Operating income | 1 | 0 | −1 | −1 | −1 | −1 | 1 | 1 | −2 | −2 | 0 | 0 |
| −1 | −7 | −6 | −6 | −3 | −3 | −4 | −4 | −3 | −3 | −1 | −1 | |
| Interest income | 0 | 2 | 4 | 4 | 0 | 0 | 0 | 4 | 0 | 0 | 0 | 0 |
| Interest expense | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 3 | 4 | 4 |
| Other non-operating income | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | −2 | −2 | 0 | 0 |
| Income before tax | 0 | −7 | −7 | −7 | −4 | −4 | −2 | −2 | −5 | −5 | −1 | −1 |
| Income tax expense | 1 | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 |
| Net income from continuing operations | −1 | −8 | −5 | −5 | −4 | −4 | −2 | −2 | −6 | −6 | −1 | −1 |
| Discontinued operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other adjustments | −2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −3 | −8 | −5 | −5 | −4 | −4 | −2 | −2 | −6 | −6 | −2 | −2 |
| EPS, basic | −$0.03 | −$0.38 | −$0.17 | −$0.17 | −$0.16 | −$0.16 | −$0.08 | −$0.08 | −$0.24 | −$0.24 | −$0.06 | −$0.06 |
| EPS, diluted | −$0.03 | −$0.38 | −$0.17 | −$0.17 | −$0.16 | −$0.16 | −$0.08 | −$0.08 | −$0.24 | −$0.24 | −$0.06 | −$0.06 |
| Weighted average shares, basic | 120 | 22 | 32 | 32 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 |
| Weighted average shares, diluted | 120 | 22 | 32 | 32 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 |
| EBITDA | 2 | 1 | 1 | 1 | 0 | 0 | 3 | 3 | 2 | 2 | 1 | 1 |
| Depreciation & amortization | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBIT | 0 | −2 | −1 | −1 | −1 | −1 | 1 | 1 | 1 | 1 | 0 | 0 |