Financial Snapshot

Revenue
$435.4M
TTM
Gross Margin
9.76%
TTM
Net Earnings
-$28.81M
TTM
Current Assets
Q4 2023
Current Liabilities
Q4 2023
Current Ratio
47.87%
Q4 2023
Total Assets
Q4 2023
Total Liabilities
Q4 2023
Book Value
$29.21M
Q4 2023
Cash
Q4 2023
P/E
-9.518
Nov 29, 2024 EST
Free Cash Flow
-$61.16M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $305.5M $289.8M $0.00 $0.00 $183.2M
YoY Change 5.42% -100.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $305.5M $289.8M $0.00 $0.00 $183.2M
Cost Of Revenue $274.9M $260.4M $219.3M $156.2M $147.5M
Gross Profit $30.60M $29.37M $42.37M $40.41M $35.70M
Gross Profit Margin 10.02% 10.14% 19.49%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $29.47M $30.80M $2.680M $30.52M $31.70M
YoY Change -4.32% 1049.07% -91.22% -3.73%
% of Gross Profit 96.3% 104.84% 6.33% 75.52% 88.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.763M $4.993M $3.926M $3.639M $3.880M
YoY Change -4.61% 27.18% 7.89% -6.21%
% of Gross Profit 15.57% 17.0% 9.27% 9.01% 10.87%
Operating Expenses $29.47M $30.80M $2.680M $90.00K $31.70M
YoY Change -4.32% 1049.07% 2877.78% -99.72%
Operating Profit $1.133M -$1.422M $3.386M $9.891M $4.000M
YoY Change -179.68% -142.0% -65.77% 147.27%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $14.02M $12.51M $10.00K $6.847M -$9.600M
YoY Change 12.01% 125030.0% -99.85% -171.32%
% of Operating Profit 1237.07% 0.3% 69.22% -240.0%
Other Income/Expense, Net -$13.75M -$19.81M -$11.26M -$9.887M
YoY Change -30.59% 75.91% 13.88%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$12.61M -$21.23M -$2.670M -$90.00K -$5.600M
YoY Change -40.58% 695.06% 2866.67% -98.39%
Income Tax -$106.0K -$2.058M -$89.00K $143.0K $2.500M
% Of Pretax Income
Net Earnings -$12.68M -$19.13M -$2.670M -$90.00K -$8.100M
YoY Change -33.73% 616.4% 2866.67% -98.89%
Net Earnings / Revenue -4.15% -6.6% -4.42%
Basic Earnings Per Share -$0.47 -$0.72 -$0.38 -$0.22
Diluted Earnings Per Share -$0.47 -$0.34 -$177.4K -$5.980K -$0.14

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $24.80M $0.00 $200.0K $9.000M
YoY Change -100.0% -97.78%
Cash & Equivalents $24.80M $14.40M $12.70M $9.000M
Short-Term Investments
Other Short-Term Assets $7.000M $100.0K $300.0K $5.100M
YoY Change 6900.0% -66.67% -94.12%
Inventory $27.20M $37.60M $26.50M $14.90M
Prepaid Expenses
Receivables $30.90M $32.30M $27.50M $27.90M
Other Receivables $53.60M $11.40M $9.900M $7.400M
Total Short-Term Assets $143.6M $100.0K $500.0K $64.30M
YoY Change 143500.0% -80.0% -99.22%
Property, Plant & Equipment $111.0M $125.8M $106.3M $102.7M
YoY Change -11.76% 18.34% 3.51%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $117.3M $116.2M
YoY Change 0.95%
Other Assets $3.000M $1.000M $500.0K $400.0K
YoY Change 200.0% 100.0% 25.0%
Total Long-Term Assets $163.6M $117.3M $116.1M $148.3M
YoY Change 39.47% 1.03% -21.71%
Total Assets $307.2M $117.4M $116.6M $212.6M
YoY Change
Accounts Payable $27.30M $900.0K $12.80M $13.70M
YoY Change 2933.33% -92.97% -6.57%
Accrued Expenses $11.40M $13.70M $100.0K $11.50M
YoY Change -16.79% 13600.0% -99.13%
Deferred Revenue
YoY Change
Short-Term Debt $184.4M $2.600M $0.00 $88.10M
YoY Change 6992.31% -100.0%
Long-Term Debt Due $4.800M $10.20M $6.600M $6.700M
YoY Change -52.94% 54.55% -1.49%
Total Short-Term Liabilities $238.2M $3.500M $100.0K $125.1M
YoY Change 6705.71% 3400.0% -99.92%
Long-Term Debt $11.00M $0.00 $0.00 $138.1M
YoY Change -100.0%
Other Long-Term Liabilities $700.0K $1.500M $1.200M $1.400M
YoY Change -53.33% 25.0% -14.29%
Total Long-Term Liabilities $11.70M $0.00 $0.00 $139.5M
YoY Change -100.0%
Total Liabilities $269.1M $3.500M $100.0K $286.7M
YoY Change 7588.57% 3400.0% -99.97%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 26.88M shares 26.60M shares 20.56M shares 619.5K shares
Diluted Shares Outstanding 26.88M shares 26.60M shares 20.56M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $274.17 Million

About Forafric Global PLC

Forafric Global Plc operates an agribusiness player in Africa with activities in Morocco and Sub Saharan Africa. The principal agricultural commodities that it handles are flour and semolina, and secondary processing products, such as pasta and couscous. Its segments include Soft Wheat, Durum Wheat and Couscous and Pasta. The Soft Wheat segment includes the production and sale of soft wheat yielding flour that is used to make desserts and sauces. The Durum Wheat segment includes the production and sale of hard wheat yielding flour that is used to make pasta. The Couscous and Pasta segment includes the secondary processing of products, including couscous and pasta sold to end customers. The company sells processed commodity products to customers in over 45 countries in Europe, Asia, Africa, and the Middle East. The purchasers of its products are wholesale food manufacturers and distributors. Its brands include Tria and MayMouna.

Industry: Grain Mill Products Peers: