Forafric Global PLC

Forafric Global PLC (AFRI) Market Cap

Forafric Global PLC has a market capitalization of $258.8M.

Financials based on reported quarter end 2024-06-30

Price: $9.62

โ–ผ -0.06 (-0.62%)

Market Cap: 258.79M

NASDAQ ยท time unavailable

CEO: Khalid Assari

Sector: Consumer Defensive

Industry: Agricultural Farm Products

IPO Date: 2021-02-05

Website: https://forafric.com

Forafric Global PLC (AFRI) - Company Information

Market Cap: 258.79M ยท Sector: Consumer Defensive

Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco and Sub-Saharan Africa. The company offers flour and semolina; and secondary processing products, such as pasta and couscous under the Tria and MayMouna brands. It serves wholesale foods manufacturers and distributors The company also exports its products to approximately 45 countries. Forafric Global PLC is headquartered in Gibraltar.

Analyst ratings pending...

Consensus Price Target

No data available

Price & Moving Averages

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Fundamentals Overview

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๐Ÿ“Š AI Financial Analysis

Powered by StockMarketInfo
Earnings Data: Q Ending 2024-06-30

"AFRI reported revenue of $82.62M for the fiscal year ending June 30, 2024, but incurred a net loss of $6.38M. The company's earnings per share (EPS) stands at -$0.24. Although the operating cash flow was positive at $6.70M, it was overshadowed by the losses. Total assets amount to $246.08M against total liabilities of $240.76M, leading to total equity of only $5.32M. The company has a significant net debt of $153.74M, indicating a highly leveraged position. The recent market performance shows a price of $9.52, with a 1-year change of 9.68%, despite a negative year-to-date change of 13.30%. These conflicting indicators suggest caution in assessing future performance, given the profitability issues and high leverage, compounded by a lack of shareholder returns through dividends or buybacks."

Revenue Growth

Neutral

Revenue of $82.62M indicates growth potential, yet overall performance needs improvement.

Profitability

Neutral

Net loss of $6.38M demonstrates significant challenges in profitability.

Cash Flow Quality

Caution

Positive operating cash flow, but free cash flow is marginal compared to liabilities.

Leverage & Balance Sheet

Neutral

High net debt relative to equity raises concerns about financial stability.

Shareholder Returns

Neutral

No dividends paid and minimal price appreciation hinder shareholder returns.

Analyst Sentiment & Valuation

Caution

Mixed sentiment with a slight recent price increase; however, overall valuation appears risky.

Disclaimer:This analysis is AI-generated for informational purposes only. Accuracy is not guaranteed and this does not constitute financial advice.

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SEC Filings (AFRI)

ยฉ 2026 Stock Market Info โ€” Forafric Global PLC (AFRI) Financial Profile