Forafric Global PLC (AFRI)

Forafric Global Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	274.22	301.95	283.93	261.68	196.6
Revenue Growth (YoY)	-9.18%	6.35%	8.50%	33.11%	7.31%
Cost of Revenue	246.89	273.42	254.72	219.31	156.19
Gross Profit	27.33	28.54	29.21	42.37	40.41
Selling, General & Admin	30.13	27.3	26.93	38.98	30.52
Operating Expenses	30.13	27.3	26.93	38.98	30.52
Operating Income	-2.8	1.24	2.28	3.39	9.89
Interest Expense	-12.82	-13.48	-11.94	-10.36	-6.85
Interest & Investment Income	0.03	0.04	0.03	0.54	0
Currency Exchange Gain (Loss)	-0.03	0.21	-10.36	-1.44	-3.04
Other Non Operating Income (Expenses)	-2.55	-	-1.69	-	-
EBT Excluding Unusual Items	-18.16	-11.99	-21.69	-7.87	0
Asset Writedown	-4.96	-	-	-	-
Other Unusual Items	1.44	0.03	4.73	-	-
Pretax Income	-21.68	-11.96	-16.96	-7.87	0
Income Tax Expense	1.65	0.59	-1.84	-0.09	0.14
Earnings From Continuing Operations	-23.33	-12.55	-15.11	-7.78	-0.14
Earnings From Discontinued Operations	-0.02	0.04	-4.06	-	-
Net Income to Company	-23.36	-12.51	-19.17	-7.78	-0.14
Minority Interest in Earnings	-0.97	-0.17	0.04	-0.2	0.03
Net Income	-24.33	-12.68	-19.13	-7.98	-0.11
Net Income to Common	-24.33	-12.68	-19.13	-7.98	-0.11
Shares Outstanding (Basic)	27	27	27	21	1
Shares Outstanding (Diluted)	27	27	27	21	1
Shares Change (YoY)	0.02%	1.03%	29.43%	3218.18%	-
EPS (Basic)	-0.90	-0.47	-0.72	-0.39	-0.18
EPS (Diluted)	-0.90	-0.47	-0.72	-0.39	-0.18
Free Cash Flow	21.69	23.84	-62.04	-30.88	-12.14
Free Cash Flow Per Share	0.81	0.89	-2.33	-1.50	-19.59
Gross Margin	9.97%	9.45%	10.29%	16.19%	20.55%
Operating Margin	-1.02%	0.41%	0.80%	1.29%	5.03%
Profit Margin	-8.87%	-4.20%	-6.74%	-3.05%	-0.06%
Free Cash Flow Margin	7.91%	7.90%	-21.85%	-11.80%	-6.17%
EBITDA	1.89	6	7.13	7.42	13.68
EBITDA Margin	0.69%	1.98%	2.51%	2.84%	6.96%
D&A For EBITDA	4.69	4.75	4.86	4.04	3.79
EBIT	-2.8	1.24	2.28	3.39	9.89
EBIT Margin	-1.02%	0.41%	0.80%	1.29%	5.03%
Effective Tax Rate	-	-	-	-	3575.00%
Advertising Expenses	0.07	0.26	0.02	-	-

Updated Jan 16, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q