Forafric Global Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	16.37	24.02	24.83	14.39	12.68	8.99
Cash & Short-Term Investments	16.37	24.02	24.83	14.39	12.68	8.99
Cash Growth	-34.93%	-3.25%	72.49%	13.48%	41.02%	-
Accounts Receivable	36.27	34.72	30.86	32.31	27.48	27.95
Other Receivables	14.88	25	49.63	25.23	9.93	10.93
Receivables	51.15	59.72	80.49	57.55	37.42	38.88
Inventory	28.66	28.38	27.22	37.56	26.55	14.86
Prepaid Expenses	0.95	0.64	1.45	0.25	-	-
Other Current Assets	6.94	8.48	9.59	7.8	5.92	1.56
Total Current Assets	104.07	121.24	143.57	117.55	82.56	64.29
Property, Plant & Equipment	127.04	130.31	110.96	125.84	106.26	102.74
Goodwill	48.01	48.49	45.9	51.57	48.07	44.67
Other Intangible Assets	4.5	4.65	3.72	3.98	0.36	0.45
Other Long-Term Assets	3.5	4.77	3.01	0.97	0.48	0.43
Total Assets	287.12	309.45	307.16	299.9	237.74	212.58
Accounts Payable	57.34	46.46	27.3	26.2	12.84	13.73
Accrued Expenses	3.84	3.7	5.26	4.42	3.27	4.43
Short-Term Debt	157.5	174.97	184.41	149.87	113.15	88.1
Current Portion of Long-Term Debt	6.46	8.84	3.42	7.84	3.89	3.95
Current Portion of Leases	1.4	1.63	2	3	3.48	3.39
Current Income Taxes Payable	5.82	5.58	5.52	8.65	8.14	-
Current Unearned Revenue	1.93	1.27	0.54	1.91	3.62	10.72
Other Current Liabilities	10.99	10.81	9.74	1.02	0.66	0.83
Total Current Liabilities	245.28	253.26	238.18	202.9	149.05	125.15
Long-Term Debt	9.63	10.49	10.73	26.18	9.04	131.83
Long-Term Leases	2.46	2.83	0.9	4.45	5.78	7.63
Long-Term Deferred Tax Liabilities	10.78	10.98	12.4	18.72	21.86	22.06
Other Long-Term Liabilities	2.66	2.68	-	-	-	-
Total Liabilities	270.81	280.24	262.21	252.25	185.74	286.66
Common Stock	0.03	0.03	0.06	0.02	120	0
Additional Paid-In Capital	143.26	143.13	143.66	119.98	-	-
Retained Earnings	-128.11	-115.35	-102.68	-83.55	-74.4	-74.62
Comprehensive Income & Other	-5.8	-5.01	-2.98	3.69	6.31	0.54
Total Common Equity	9.38	22.8	38.05	40.14	51.91	-74.08
Minority Interest	6.93	6.41	6.9	7.52	0.08	-
Shareholders' Equity	16.31	29.21	44.96	47.65	51.99	-74.08
Total Liabilities & Equity	287.12	309.45	307.16	299.9	237.74	212.58
Total Debt	177.44	198.77	201.46	191.34	135.35	234.89
Net Cash (Debt)	-161.07	-174.75	-176.63	-176.95	-122.67	-225.9
Net Cash Per Share	-5.99	-6.50	-6.64	-8.61	-198.01	-
Filing Date Shares Outstanding	26.88	26.88	26.88	120	120	-
Total Common Shares Outstanding	26.88	26.88	26.88	120	120	-
Working Capital	-141.21	-132.02	-94.61	-85.35	-66.49	-60.86
Book Value Per Share	0.35	0.85	1.42	0.33	0.43	-
Tangible Book Value	-43.12	-30.34	-11.57	-15.41	3.48	-119.2
Tangible Book Value Per Share	-1.60	-1.13	-0.43	-0.13	0.03	-
Land	25.19	25.39	23.99	25.14	23.13	23.13
Buildings	63.28	63.2	55.54	60.38	50.34	50.36
Machinery	65.76	63.28	51.37	56.28	34.9	34.68
Construction In Progress	6.75	10.35	8.46	5.42	1.28	1.36

Source: S&P Capital IQ. Standard template. Financial Sources.