Forafric Global PLC financial data

Symbol
AFRI, AFRIW on Nasdaq
Industry
Grain Mill Products
Location
Unit 5.3, Madison Building, Midtown, Queensway, Gibraltar, Gibraltar
State of incorporation
Gibraltar
Fiscal year end
December 31
Former names
Globis NV Merger Corp. (to 6/9/2022)
Latest financial report
Q4 2023 - Apr 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Operating Margin 0.37 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 26.9M shares
Common Stock, Shares, Outstanding 26.9M shares 0%
Weighted Average Number of Shares Outstanding, Basic 26.9M shares +1.03%
Weighted Average Number of Shares Outstanding, Diluted 26.9M shares +1.03%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 305M USD +5.42%
Cost of Revenue 275M USD +5.56%
Operating Income (Loss) 1.13M USD
Nonoperating Income (Expense) -13.7M USD +30.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -12.6M USD +40.6%
Income Tax Expense (Benefit) -106K USD +94.8%
Net Income (Loss) Attributable to Parent -12.7M USD +33.7%
Earnings Per Share, Basic -0.47 USD/shares +34.7%
Earnings Per Share, Diluted -0.47 USD/shares +34.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 24M USD -3.25%
Accounts Receivable, after Allowance for Credit Loss, Current 34.7M USD +12.5%
Inventory, Net 28.4M USD +4.26%
Other Assets, Current 3.78M USD -1.12%
Assets, Current 121M USD -15.6%
Property, Plant and Equipment, Net 117M USD +16.3%
Operating Lease, Right-of-Use Asset 3.38M USD +86%
Intangible Assets, Net (Excluding Goodwill) 4.65M USD +24.8%
Goodwill 48.5M USD +5.64%
Other Assets, Noncurrent 4.77M USD +58.2%
Assets 309M USD +0.74%
Accounts Payable, Current 46.5M USD +70.2%
Accrued Liabilities, Current 18.1M USD -4.53%
Liabilities, Current 253M USD +6.33%
Deferred Income Tax Liabilities, Net 11M USD -11.4%
Operating Lease, Liability, Noncurrent 2.19M USD +229%
Other Liabilities, Noncurrent 2.68M USD
Liabilities 280M USD +6.88%
Accumulated Other Comprehensive Income (Loss), Net of Tax -5.01M USD -67.7%
Retained Earnings (Accumulated Deficit) -115M USD -12.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 29.2M USD -35%
Liabilities and Equity 309M USD +0.74%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 33.3M USD
Net Cash Provided by (Used in) Financing Activities -21.2M USD -128%
Net Cash Provided by (Used in) Investing Activities -9.84M USD -144%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 26.9M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -806K USD -108%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 24M USD -3.25%
Interest Paid, Excluding Capitalized Interest, Operating Activities 15.8M USD +38.9%
Deferred Tax Assets, Valuation Allowance 5.17M USD -57%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.2 pure -35.5%
Operating Lease, Liability 2.82M USD +119%
Depreciation 4.76M USD -4.61%
Payments to Acquire Property, Plant, and Equipment 9.53M USD +110%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -14.7M USD +43%
Lessee, Operating Lease, Liability, to be Paid 3.69M USD +150%
Property, Plant and Equipment, Gross 172M USD +15.9%
Operating Lease, Liability, Current 625K USD +0.64%
Lessee, Operating Lease, Liability, to be Paid, Year Two 601K USD +199%
Lessee, Operating Lease, Liability, to be Paid, Year One 728K USD +8.33%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -2.09M USD +51.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 872K USD +364%
Lessee, Operating Lease, Liability, to be Paid, Year Three 570K USD +579%
Deferred Tax Assets, Operating Loss Carryforwards 7.45M USD -38.1%
Preferred Stock, Shares Authorized 1M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 542K USD +868%
Operating Lease, Payments 581K USD -41.1%
Additional Paid in Capital 143M USD -0.37%
Amortization of Intangible Assets 260K USD +81.8%
Interest Expense 14M USD +12%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%