Financial Snapshot

Revenue
$11.59M
TTM
Gross Margin
47.93%
TTM
Net Earnings
-$4.527M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
82.53%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$8.494M
Q2 2024
Cash
Q2 2024
P/E
-1.118
Sep 13, 2024 EST
Free Cash Flow
-$24.16M
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $16.87M $58.26M $59.86M $12.09M $4.090M $1.770M
YoY Change -71.05% -2.67% 395.11% 195.6% 131.07%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $16.87M $58.26M $59.86M $12.09M $4.090M $1.770M
Cost Of Revenue $11.59M $90.05M $55.28M $11.52M $4.330M $1.550M
Gross Profit $5.278M -$31.80M $4.579M $570.0K -$250.0K $220.0K
Gross Profit Margin 31.29% -54.58% 7.65% 4.71% -6.11% 12.43%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $23.14M $73.35M $34.32M $9.830M $2.740M $1.220M
YoY Change -68.46% 113.77% 249.08% 258.76% 124.59%
% of Gross Profit 438.4% 749.4% 1724.56% 554.55%
Research & Development $2.295M $8.179M $3.925M $3.350M $110.0K $20.00K
YoY Change -71.94% 108.38% 17.16% 2945.45% 450.0%
% of Gross Profit 43.48% 85.72% 587.72% 9.09%
Depreciation & Amortization $1.896M $1.700M $2.261M $410.0K $10.00K $0.00
YoY Change 11.53% -24.81% 451.46% 4000.0%
% of Gross Profit 35.92% 49.38% 71.93% 0.0%
Operating Expenses $24.11M $161.5M $39.65M $13.18M $2.850M $1.240M
YoY Change -85.07% 307.37% 200.85% 362.46% 129.84%
Operating Profit -$18.83M -$193.3M -$35.07M -$12.61M -$3.100M -$1.020M
YoY Change -90.26% 451.21% 178.14% 306.77% 203.92%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense -$1.853M -$8.750M $74.00K -$3.410M
YoY Change -78.82% -11924.32% -102.17%
% of Operating Profit
Other Income/Expense, Net $6.494M $5.042M -$31.00K $50.00K $0.00
YoY Change 28.8% -16364.52%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$18.65M -$188.3M -$32.30M -$21.64M -$3.040M -$1.010M
YoY Change -90.1% 482.92% 49.26% 611.84% 200.99%
Income Tax $2.000K $23.00K $25.00K
% Of Pretax Income
Net Earnings -$18.65M -$188.2M -$32.47M -$21.62M -$3.040M -$1.010M
YoY Change -90.09% 479.62% 50.16% 611.18% 200.99%
Net Earnings / Revenue -110.56% -322.99% -54.24% -178.83% -74.33% -57.06%
Basic Earnings Per Share -$12.51 -$902.20
Diluted Earnings Per Share -$12.51 -$902.20 -$1.701M -$1.065M -$239.7K -$79.65K

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $434.0K $10.92M $56.56M $8.110M $210.0K $90.00K
YoY Change -96.02% -80.7% 597.46% 3761.9% 133.33%
Cash & Equivalents $430.0K $10.46M $12.01M $8.110M $210.0K $90.00K
Short-Term Investments $4.000K $460.0K $44.55M
Other Short-Term Assets $2.673M $11.09M $1.559M $1.180M $190.0K $0.00
YoY Change -75.89% 611.1% 32.12% 521.05%
Inventory $19.09M $21.40M $20.50M $5.170M $2.480M $2.110M
Prepaid Expenses
Receivables $1.149M $1.070M $7.222M $4.010M
Other Receivables $659.0K $424.0K $893.0K $170.0K
Total Short-Term Assets $24.01M $44.89M $86.74M $18.64M $3.050M $2.200M
YoY Change -46.52% -48.24% 365.32% 511.15% 38.64%
Property, Plant & Equipment $9.537M $12.25M $7.711M $870.0K $40.00K $0.00
YoY Change -22.17% 58.92% 786.32% 2075.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $141.0K $326.0K $1.184M
YoY Change -56.75% -72.47%
Total Long-Term Assets $21.26M $24.79M $95.31M $3.200M $180.0K $0.00
YoY Change -14.25% -73.99% 2878.5% 1677.78%
Total Assets $45.27M $69.69M $182.0M $21.84M $3.230M $2.200M
YoY Change
Accounts Payable $20.77M $20.54M $9.151M $690.0K $870.0K $1.700M
YoY Change 1.09% 124.49% 1226.23% -20.69% -48.82%
Accrued Expenses $11.25M $16.96M $29.42M $6.400M $360.0K $0.00
YoY Change -33.65% -42.35% 359.72% 1677.78%
Deferred Revenue
YoY Change
Short-Term Debt $4.444M $0.00 $0.00 $12.49M $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $766.0K $28.99M $1.245M $150.0K
YoY Change -97.36% 2228.11% 730.0%
Total Short-Term Liabilities $41.25M $70.60M $43.59M $27.03M $4.030M $3.820M
YoY Change -41.58% 61.97% 61.27% 570.72% 5.5%
Long-Term Debt $16.05M $407.0K $12.00K $830.0K $0.00 $130.0K
YoY Change 3842.75% 3291.67% -98.55% -100.0%
Other Long-Term Liabilities $2.684M $7.719M $1.022M $440.0K
YoY Change -65.23% 655.28% 132.27%
Total Long-Term Liabilities $18.73M $8.126M $1.034M $1.270M $0.00 $130.0K
YoY Change 130.51% 685.88% -18.58% -100.0%
Total Liabilities $60.21M $78.96M $44.99M $28.52M $4.030M $3.950M
YoY Change -23.75% 75.51% 57.75% 607.69% 2.03%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 1.491M shares 208.6K shares 95.46K shares
Diluted Shares Outstanding 1.491M shares 208.6K shares 95.46K shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $5.0623 Million

About Agrify Corp

Agrify Corp. engages in the development of hardware and software solutions for indoor agriculture. The company is headquartered in Troy, Michigan and currently employs 39 full-time employees. The company went IPO on 2021-01-27. The Company’s micro-environment-controlled vertical farming units (VFUs), enable cultivators to produce products. Its comprehensive extraction product line includes hydrocarbon, ethanol, solventless extraction, post-processing, and lab equipment. Its cultivation and extraction solutions combine its integrated hardware and software offerings with a range of associated services, including consulting, engineering, and construction, and are designed to deliver the commercial indoor farming solution available from a single provider. The company sells its cultivation solutions to independent licensed cultivators. The two primary products the Company sells are the VFUs and Agrify Insights. Its proprietary VFU technology offers a modular, compartmentalized micro-climate growing system for indoor vertical farming. Agrify Insights is a Software-as-a-Service (SaaS)-based solution.

Industry: Agricultural Services Peers: Ageagle Aerial Systems Inc Art's Way Manufacturing Co Inc GrowLife Inc Deere & Co Hydrofarm Holdings Group Inc Lindsay Corp Titan International Inc urban-gro Inc