Forafric Global PLC (AFRI)

NASDAQ: AFRI · Real-Time Price · USD
7.84
-0.08 (-1.01%)
At close: May 9, 2025, 4:00 PM
7.84
0.00 (0.00%)
After-hours: May 9, 2025, 4:00 PM EDT
-1.01%
Market Cap 211.18M
Revenue (ttm) 274.22M
Net Income (ttm) -24.33M
Shares Out 26.90M
EPS (ttm) -0.90
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 12,414
Open 7.93
Previous Close 7.92
Day's Range 7.75 - 7.95
52-Week Range 7.56 - 12.00
Beta 0.41
Analysts n/a
Price Target n/a
Earnings Date May 20, 2025

About AFRI

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 4... [Read more]

Industry Farm Products
Founded 1943
Employees 600
Stock Exchange NASDAQ
Ticker Symbol AFRI
Full Company Profile

Financial Performance

In 2024, Forafric Global's revenue was $274.22 million, a decrease of -9.18% compared to the previous year's $301.95 million. Losses were -$24.33 million, 91.9% more than in 2023.

Financial Statements

News

FORAFRIC GLOBAL Announces Leadership Transition: New Chairman of the Board Appointed

CASABLANCA, MOROCCO, April 04, 2025 (GLOBE NEWSWIRE) -- Forafric Global (Nasdaq: AFRI, or the « Company »), a leading vertically integrated agribusiness serving Africa, today announced that Khalid Ass...

5 weeks ago - GlobeNewsWire

Forafric Adopts New Balance Sheet Strengthening Strategy

Announces Enhanced Focus on Morocco and Soft Wheat through Initiatives to include Divesting Non-Core Assets CASABLANCA, MOROCCO, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Forafric Global PLC (Nasdaq: AFRI, or...

3 months ago - GlobeNewsWire

Forafric Announces Nasdaq Compliance Status

CASABLANCA, MOROCCO, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Forafric Global PLC (Nasdaq: AFRI, or the “Company”), a vertically integrated agribusiness serving Africa, today announced that on January 14, 20...

3 months ago - GlobeNewsWire

Forafric Announces Plan to Expand with Lease of New Operating Facility; Expects to Increase Crushing Capacity by 600 Tons per Day

CASABLANCA, Morocco--(BUSINESS WIRE)--Forafric Global PLC (Nasdaq: AFRI, or “Forafric”), a vertically integrated agribusiness serving Africa, today announced it has entered into a 10-year renewable co...

1 year ago - Business Wire

Forafric Provides Business Update

CASABLANCA, Morocco--(BUSINESS WIRE)--Forafric Global PLC (Nasdaq: AFRI) (“Forafric”), a vertically integrated agribusiness serving Africa, today provided a business update. Recent Business Highlights...

1 year ago - Business Wire

Forafric Acquires SIMS mill in Marrakesh Increasing Crushing Capacity to More Than 300 Tons per Day

CASABLANCA, Morocco--(BUSINESS WIRE)--Forafric Global PLC (Nasdaq: AFRI, or “Forafric”), a vertically integrated agribusiness serving Africa, today announced as part of its strategy to double crushing...

1 year ago - Business Wire

Forafric Achieves Record High Crushing Volume During First Half of 2022

CASABLANCA, Morocco--(BUSINESS WIRE)--Forafric Global PLC (Nasdaq: AFRI, or “Forafric”), a vertically integrated agribusiness serving Africa, today announced that it achieved record high crushing volu...

3 years ago - Business Wire

Forafric, a Leading African Agribusiness, Teams with Alapala to Nearly Double Wheat and Durum Processing Capacity

CASABLANCA, Morocco--(BUSINESS WIRE)--Forafric Global PLC (Nasdaq: AFRI, or “Forafric”), a vertically integrated agribusiness serving Africa, today announced that its fully-owned subsidiary, Forafric ...

3 years ago - Business Wire

Forafric, a Leading African Agribusiness, to Go Public in SPAC Deal via Globis Acquisition Corp.

High-growth, vertically integrated, and scalable Pan African platform addresses a large market and unmet need for food security Forafric to become first African agribusiness company and first Moroccan...

3 years ago - Accesswire