AFRIW
Forafric Global PLC
Price Chart
Latest Quote
$0.90
Current Price| Previous Close | $0.85 |
| Open | $0.90 |
| Day High | $0.91 |
| Day Low | $0.81 |
| Volume | 2,200 |
Stock Information
| Total Debt | $178.60M |
| Cash Equivalents | $9.48M |
| Revenue | $201.92M |
| Net Income | $-21.51M |
| EPS (TTM) | $-0.02 |
| Exchange | NCM |
đ Custom Metrics & Score
Score: 8/42| Debt to Equity | -99.21 |
| Debt to Earnings | 6.07 |
| Current Ratio | 0.37 |
| Quick Ratio | 0.19 |
| Avg Revenue Growth | 1.20% |
| Profit Margin | -8.87% |
| Return on Equity | 1453.97% |
| Avg FCF Growth | -41.98% |
Score Explanation: The perfect score is 42/42 based on debt levels, profitability, growth rates, and cash flow metrics. FCF Yield is weighted most heavily as it shows what return the business currently generates.
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-02-02 | $0.90 | 2,200 |
About Forafric Global PLC
Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco, Burkina, Mali, and internationally. The company operates through Soft Wheat, Durum Wheat, and Couscous and Pasta segments. It provides wheat flours and semolina; and secondary processing products, such as pasta and couscous. The company operates under the TRIA and MayMouna brand names. It serves wholesale foods manufacturers and distributors. The company also exports its products to approximately 45 countries. Forafric Global PLC was founded in 1926 and is headquartered in Gibraltar.
Income Statement (Annual)
Revenue
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Reconciled Cost Of Revenue | $246,891,000 | $273,417,000 | $254,724,000 | $219,311,000 |
| Cost Of Revenue | $246,891,000 | $273,417,000 | $254,724,000 | $219,311,000 |
| Total Revenue | $274,223,000 | $301,954,000 | $283,932,000 | $261,679,000 |
| Operating Revenue | $274,223,000 | $301,954,000 | $283,932,000 | $261,679,000 |
Expenses
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Interest Expense | $12,815,000 | $13,478,000 | $11,944,000 | $10,362,000 |
| Total Expenses | $281,984,000 | $300,712,000 | $281,657,000 | $258,293,000 |
| Other Income Expense | $-1,137,000 | $237,000 | $-7,322,000 | $-1,440,000 |
| Other Non Operating Income Expenses | $-2,546,000 | - | $-1,691,000 | - |
| Net Non Operating Interest Income Expense | $-12,784,000 | $-13,441,000 | $-11,910,000 | $-9,819,000 |
| Interest Expense Non Operating | $12,815,000 | $13,478,000 | $11,944,000 | $10,362,000 |
| Operating Expense | $35,093,000 | $27,295,000 | $26,933,000 | $38,982,000 |
Income & Earnings
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Income From Continuing Operation Net Minority Interest | $-24,303,000 | $-12,719,000 | $-15,071,000 | $-7,982,000 |
| Net Interest Income | $-12,784,000 | $-13,441,000 | $-11,910,000 | $-9,819,000 |
| Interest Income | $31,000 | $37,000 | $34,000 | $543,000 |
| Normalized Income | $-25,416,110 | $-12,906,230 | $-10,059,410 | $-6,556,400 |
| Net Income From Continuing And Discontinued Operation | $-24,325,000 | $-12,676,000 | $-19,128,000 | $-7,982,000 |
| Total Operating Income As Reported | $-7,761,000 | $1,242,000 | $2,275,000 | $3,386,000 |
| Net Income Common Stockholders | $-24,325,000 | $-12,676,000 | $-19,128,000 | $-7,982,000 |
| Net Income | $-24,325,000 | $-12,676,000 | $-19,128,000 | $-7,982,000 |
| Net Income Including Noncontrolling Interests | $-23,355,000 | $-12,508,000 | $-19,170,000 | $-7,784,000 |
| Net Income Discontinuous Operations | $-22,000 | $43,000 | $-4,057,000 | - |
| Net Income Continuous Operations | $-23,333,000 | $-12,551,000 | $-15,113,000 | $-7,784,000 |
| Pretax Income | $-21,682,000 | $-11,962,000 | $-16,957,000 | $-7,873,000 |
| Interest Income Non Operating | $31,000 | $37,000 | $34,000 | $543,000 |
| Operating Income | $-7,761,000 | $1,242,000 | $2,275,000 | $3,386,000 |
| Gross Profit | $27,332,000 | $28,537,000 | $29,208,000 | $42,368,000 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Tax Effect Of Unusual Items | $295,890 | $49,770 | $-619,410 | $-14,400 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-4,233,000 | $7,091,000 | $6,932,000 | $9,139,000 |
| Total Unusual Items | $1,409,000 | $237,000 | $-5,631,000 | $-1,440,000 |
| Total Unusual Items Excluding Goodwill | $1,409,000 | $237,000 | $-5,631,000 | $-1,440,000 |
| Reconciled Depreciation | $6,043,000 | $5,812,000 | $6,314,000 | $5,210,000 |
| EBITDA (Bullshit earnings) | $-2,824,000 | $7,328,000 | $1,301,000 | $7,699,000 |
| EBIT | $-8,867,000 | $1,516,000 | $-5,013,000 | $2,489,000 |
| Diluted NI Availto Com Stockholders | $-24,325,000 | $-12,676,000 | $-19,128,000 | $-7,982,000 |
| Minority Interests | $-970,000 | $-168,000 | $42,000 | $-198,000 |
| Tax Provision | $1,651,000 | $589,000 | $-1,844,000 | $-89,000 |
| Gain On Sale Of Security | $1,409,000 | $237,000 | $-5,631,000 | $-1,440,000 |
| Selling General And Administration | $35,093,000 | $27,295,000 | $26,933,000 | $38,982,000 |
Balance Sheet (Annual)
Assets
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Tangible Assets | $-48,963,000 | $-25,864,000 | $-11,568,000 | $-15,411,000 |
| Total Assets | $246,078,000 | $309,450,000 | $307,164,000 | $299,902,000 |
| Total Non Current Assets | $168,693,000 | $188,208,000 | $163,592,000 | $182,354,000 |
| Other Non Current Assets | $3,575,000 | $19,029,000 | $3,014,000 | $973,000 |
| Goodwill And Other Intangible Assets | $47,290,000 | $48,659,000 | $49,621,000 | $55,546,000 |
| Other Intangible Assets | $4,404,000 | $4,648,000 | $3,723,000 | $3,975,000 |
| Current Assets | $77,385,000 | $121,242,000 | $143,572,000 | $117,548,000 |
| Other Current Assets | $1,390,000 | $6,587,000 | $8,535,000 | $3,724,000 |
| Assets Held For Sale Current | $13,873,000 | $285,000 | - | - |
| Prepaid Assets | $8,476,000 | $7,271,000 | $7,208,000 | $4,322,000 |
| Inventory | $15,224,000 | $28,378,000 | $27,218,000 | $37,563,000 |
| Receivables | $26,191,000 | $54,723,000 | $75,784,000 | $57,546,000 |
| Other Receivables | $5,405,000 | $17,115,000 | $41,958,000 | $18,824,000 |
| Taxes Receivable | $1,614,000 | $1,547,000 | $602,000 | $3,916,000 |
| Accounts Receivable | $17,977,000 | $34,703,000 | $30,858,000 | $32,313,000 |
| Allowance For Doubtful Accounts Receivable | $-15,567,000 | $-14,979,000 | $-14,067,000 | $-15,737,000 |
| Gross Accounts Receivable | $33,544,000 | $49,682,000 | $44,925,000 | $48,050,000 |
| Cash Cash Equivalents And Short Term Investments | $12,231,000 | $23,998,000 | $24,827,000 | $14,393,000 |
| Cash And Cash Equivalents | $12,231,000 | $23,998,000 | $24,827,000 | $14,393,000 |
Debt
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Debt | $153,739,000 | $174,659,000 | $176,630,000 | $176,949,000 |
| Total Debt | $165,970,000 | $198,657,000 | $201,457,000 | $191,342,000 |
| Long Term Debt And Capital Lease Obligation | $20,831,000 | $13,239,000 | $11,629,000 | $30,632,000 |
| Long Term Debt | $20,831,000 | $13,239,000 | $11,629,000 | $30,632,000 |
| Current Debt And Capital Lease Obligation | $145,139,000 | $185,418,000 | $189,828,000 | $160,710,000 |
| Current Debt | $145,139,000 | $185,418,000 | $189,828,000 | $160,710,000 |
| Other Current Borrowings | $4,635,000 | $10,449,000 | $5,417,000 | $10,845,000 |
Liabilities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Liabilities Net Minority Interest | $240,762,000 | $280,244,000 | $262,209,000 | $252,250,000 |
| Total Non Current Liabilities Net Minority Interest | $33,492,000 | $26,542,000 | $24,028,000 | $49,353,000 |
| Other Non Current Liabilities | $3,092,000 | $2,676,000 | - | - |
| Liabilities Heldfor Sale Non Current | $0 | $306,000 | - | - |
| Non Current Deferred Liabilities | $9,569,000 | $10,321,000 | $12,399,000 | $18,721,000 |
| Non Current Deferred Taxes Liabilities | $9,569,000 | $10,321,000 | $12,399,000 | $18,721,000 |
| Current Liabilities | $207,270,000 | $253,702,000 | $238,181,000 | $202,897,000 |
| Other Current Liabilities | $2,014,000 | $3,195,000 | $1,544,000 | $1,019,000 |
| Current Deferred Liabilities | $2,215,000 | $1,272,000 | $540,000 | $1,910,000 |
| Payables And Accrued Expenses | $57,902,000 | $63,817,000 | $46,269,000 | $39,258,000 |
| Interest Payable | $2,304,000 | $2,047,000 | $3,781,000 | $2,611,000 |
| Payables | $44,435,000 | $51,282,000 | $32,812,000 | $34,843,000 |
| Total Tax Payable | $9,127,000 | $5,068,000 | $5,517,000 | $8,647,000 |
| Accounts Payable | $35,308,000 | $46,214,000 | $27,295,000 | $26,196,000 |
Equity
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Common Stock Equity | $-1,673,000 | $22,795,000 | $38,053,000 | $40,135,000 |
| Total Equity Gross Minority Interest | $5,316,000 | $29,206,000 | $44,955,000 | $47,652,000 |
| Stockholders Equity | $-1,673,000 | $22,795,000 | $38,053,000 | $40,135,000 |
| Gains Losses Not Affecting Retained Earnings | $-5,670,000 | $-5,005,000 | $-2,984,000 | $3,685,000 |
| Other Equity Adjustments | $-5,670,000 | $-5,005,000 | $-2,984,000 | $3,685,000 |
| Retained Earnings | $-139,679,000 | $-115,354,000 | $-102,678,000 | $-83,550,000 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Ordinary Shares Number | $26,901,592 | $26,879,202 | $26,879,102 | $26,456,844 |
| Share Issued | $26,901,592 | $26,879,202 | $26,879,102 | $26,456,844 |
| Tangible Book Value | $-48,963,000 | $-25,864,000 | $-11,568,000 | $-15,411,000 |
| Invested Capital | $164,297,000 | $221,452,000 | $239,510,000 | $231,477,000 |
| Working Capital | $-129,885,000 | $-132,460,000 | $-94,609,000 | $-85,349,000 |
| Total Capitalization | $19,158,000 | $36,034,000 | $49,682,000 | $70,767,000 |
| Minority Interest | $6,989,000 | $6,411,000 | $6,902,000 | $7,517,000 |
| Additional Paid In Capital | $143,649,000 | $143,127,000 | $143,658,000 | $119,979,000 |
| Capital Stock | $27,000 | $27,000 | $57,000 | $21,000 |
| Common Stock | $27,000 | $27,000 | $57,000 | $21,000 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Current Deferred Revenue | $2,215,000 | $1,272,000 | $540,000 | $1,910,000 |
| Line Of Credit | $140,504,000 | $174,969,000 | $184,411,000 | $149,865,000 |
| Current Accrued Expenses | $13,467,000 | $12,535,000 | $13,457,000 | $4,415,000 |
| Goodwill | $42,886,000 | $44,011,000 | $45,898,000 | $51,571,000 |
| Net PPE | $117,828,000 | $120,520,000 | $110,957,000 | $125,835,000 |
| Accumulated Depreciation | $-47,433,000 | $-44,979,000 | $-47,514,000 | $-48,602,000 |
| Gross PPE | $165,261,000 | $165,499,000 | $158,471,000 | $174,437,000 |
| Construction In Progress | $6,661,000 | $10,263,000 | $8,458,000 | $5,417,000 |
| Other Properties | $21,219,000 | $18,600,000 | $19,109,000 | $27,222,000 |
| Machinery Furniture Equipment | $60,498,000 | $58,986,000 | $51,374,000 | $56,275,000 |
| Buildings And Improvements | $54,026,000 | $54,282,000 | $55,542,000 | $60,384,000 |
| Land And Improvements | $22,857,000 | $23,368,000 | $23,988,000 | $25,139,000 |
| Properties | $0 | $0 | $0 | $0 |
| Finished Goods | $2,405,000 | $5,557,000 | $5,681,000 | $5,801,000 |
| Raw Materials | $12,819,000 | $22,821,000 | $21,537,000 | $32,876,000 |
| Duefrom Related Parties Current | $1,195,000 | $1,358,000 | $2,366,000 | $2,493,000 |
| Inventories Adjustments Allowances | - | - | $0 | $-1,114,000 |
| Capital Lease Obligations | - | - | - | $7,455,000 |
| Long Term Capital Lease Obligation | - | - | - | $4,452,000 |
| Current Capital Lease Obligation | - | - | - | $3,003,000 |
Cash Flow Statement (Annual)
Free Cash Flow
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | $21,407,000 | $23,522,000 | $-62,300,000 | $-31,515,000 |
Operating Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | $23,466,000 | $33,326,000 | $-57,569,000 | $-26,048,000 |
| Cash From Discontinued Operating Activities | $1,209,000 | $36,000 | $1,814,000 | - |
| Cash Flow From Continuing Operating Activities | $22,257,000 | $33,290,000 | $-59,383,000 | $-26,048,000 |
| Operating Gains Losses | $-1,442,000 | $-25,000 | $-4,733,000 | - |
Investing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Capital Expenditure | $-2,059,000 | $-9,804,000 | $-4,731,000 | $-5,467,000 |
| Investing Cash Flow | $-2,061,000 | $-9,837,000 | $-4,030,000 | $-14,514,000 |
| Cash From Discontinued Investing Activities | $-9,000 | $-43,000 | $-64,000 | - |
| Cash Flow From Continuing Investing Activities | $-2,052,000 | $-9,794,000 | $-3,966,000 | $-14,514,000 |
| Net Other Investing Changes | - | - | - | $-511,000 |
Financing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Financing Cash Flow | $-33,188,000 | $-21,182,000 | $74,991,000 | $42,754,000 |
| Cash From Discontinued Financing Activities | $-2,397,000 | $213,000 | $-1,546,000 | - |
| Cash Flow From Continuing Financing Activities | $-30,791,000 | $-21,395,000 | $76,537,000 | $42,754,000 |
| Net Other Financing Charges | - | - | $10,862,000 | - |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Repayment Of Debt | $-95,027,000 | $-84,733,000 | $-72,507,000 | $-59,333,000 |
| Issuance Of Debt | $64,236,000 | $63,337,000 | $131,017,000 | $102,087,000 |
| Interest Paid Supplemental Data | $13,079,000 | $15,750,000 | $11,343,000 | $9,202,000 |
| Income Tax Paid Supplemental Data | $2,232,000 | $1,987,000 | $2,228,000 | $2,495,000 |
| End Cash Position | $12,231,000 | $24,021,000 | $24,827,000 | $14,393,000 |
| Beginning Cash Position | $24,021,000 | $24,827,000 | $14,393,000 | $12,683,000 |
| Effect Of Exchange Rate Changes | $-7,000 | $-3,113,000 | $-2,958,000 | $-482,000 |
| Changes In Cash | $-11,783,000 | $2,307,000 | $13,392,000 | $2,192,000 |
| Proceeds From Stock Option Exercised | $0 | $1,000 | $7,165,000 | $0 |
| Net Issuance Payments Of Debt | $-30,791,000 | $-21,396,000 | $58,510,000 | $42,754,000 |
| Net Short Term Debt Issuance | $-28,615,000 | $-19,980,000 | $53,526,000 | $36,086,000 |
| Short Term Debt Payments | $-86,349,000 | $-79,584,000 | $-63,699,000 | $-47,869,000 |
| Short Term Debt Issuance | $57,734,000 | $59,604,000 | $117,225,000 | $83,955,000 |
| Net Long Term Debt Issuance | $-2,176,000 | $-1,416,000 | $4,984,000 | $6,668,000 |
| Long Term Debt Payments | $-8,678,000 | $-5,149,000 | $-8,808,000 | $-11,464,000 |
| Long Term Debt Issuance | $6,502,000 | $3,733,000 | $13,792,000 | $18,132,000 |
| Net Business Purchase And Sale | $0 | $-37,000 | $0 | $-9,024,000 |
| Purchase Of Business | $0 | $-37,000 | $0 | $-9,024,000 |
| Net Intangibles Purchase And Sale | $-283,000 | $-319,000 | $-262,000 | $-634,000 |
| Purchase Of Intangibles | $-283,000 | $-319,000 | $-262,000 | $-634,000 |
| Net PPE Purchase And Sale | $-1,769,000 | $-9,438,000 | $-3,704,000 | $-4,345,000 |
| Sale Of PPE | $7,000 | $47,000 | $765,000 | $488,000 |
| Purchase Of PPE | $-1,776,000 | $-9,485,000 | $-4,469,000 | $-4,833,000 |
| Change In Working Capital | $35,126,000 | $40,955,000 | $-42,243,000 | $-23,683,000 |
| Change In Other Current Liabilities | $-695,000 | $-581,000 | $-776,000 | $-1,531,000 |
| Change In Other Current Assets | $1,143,000 | $-1,632,000 | $-2,238,000 | $0 |
| Change In Payables And Accrued Expense | $-3,907,000 | $8,640,000 | $9,375,000 | $-2,284,000 |
| Change In Payable | $-3,907,000 | $8,640,000 | $9,375,000 | $-2,284,000 |
| Change In Account Payable | $-10,942,000 | $8,950,000 | $13,989,000 | $2,325,000 |
| Change In Prepaid Assets | $8,065,000 | $8,059,000 | $-16,467,000 | $10,522,000 |
| Change In Inventory | $10,129,000 | $1,656,000 | $6,125,000 | $-9,825,000 |
| Change In Receivables | $20,391,000 | $24,813,000 | $-38,262,000 | $-20,565,000 |
| Changes In Account Receivables | $8,852,000 | $-1,845,000 | $-12,183,000 | $-4,370,000 |
| Other Non Cash Items | $65,000 | $129,000 | - | - |
| Stock Based Compensation | $522,000 | $169,000 | $125,000 | $0 |
| Asset Impairment Charge | $5,857,000 | $87,000 | $150,000 | $2,794,000 |
| Deferred Tax | $-581,000 | $-1,286,000 | $-3,883,000 | $-2,585,000 |
| Deferred Income Tax | $-581,000 | $-1,286,000 | $-3,883,000 | $-2,585,000 |
| Depreciation Amortization Depletion | $6,043,000 | $5,812,000 | $6,314,000 | $5,210,000 |
| Depreciation And Amortization | $6,043,000 | $5,812,000 | $6,314,000 | $5,210,000 |
| Amortization Cash Flow | $352,000 | $259,000 | $142,000 | $111,000 |
| Amortization Of Intangibles | $352,000 | $259,000 | $142,000 | $111,000 |
| Depreciation | $5,691,000 | $5,553,000 | $6,172,000 | $5,099,000 |
| Gain Loss On Investment Securities | $-1,442,000 | $-25,000 | $-4,733,000 | - |
| Net Income From Continuing Operations | $-23,333,000 | $-12,551,000 | $-15,113,000 | $-7,784,000 |
| Net Investment Purchase And Sale | - | - | $0 | $-385,000 |
| Purchase Of Investment | - | - | $0 | $-385,000 |
| Change In Other Working Capital | - | - | $-2,227,000 | - |