Financial Snapshot

Revenue
$57.60K
TTM
Gross Margin
17.47%
TTM
Net Earnings
-$17.37M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
61.51%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$6.669M
Q3 2024
Cash
Q3 2024
P/E
-0.2766
Nov 29, 2024 EST
Free Cash Flow
-$1.290M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $16.28K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change

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 2018
Revenue $16.28K $0.00 $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $13.58K
Gross Profit $2.700K
Gross Profit Margin 16.58%

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 2018
Selling, General & Admin $10.35M $1.715M $6.451M $2.870M $3.900M $1.660M
YoY Change 503.41% -73.42% 124.78% -26.41% 134.94%
% of Gross Profit 383248.52%
Research & Development $6.590K $615.7K $474.3K $120.0K $1.110M $880.0K
YoY Change -98.93% 29.8% 295.28% -89.19% 26.14%
% of Gross Profit 244.07%
Depreciation & Amortization $679.8K $22.41K $11.80K $10.00K $10.00K $0.00
YoY Change 2933.24% 89.94% 18.0% 0.0%
% of Gross Profit 25179.26%
Operating Expenses $11.16M $2.331M $7.081M $3.350M $5.120M $2.720M
YoY Change 378.67% -67.08% 111.36% -34.57% 88.24%
Operating Profit -$11.15M -$13.66M -$6.929M
YoY Change -18.33% 97.09%

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 2018
Interest Expense -$8.038M -$3.107M -$320.6K $20.00K $0.00 -$20.00K
YoY Change 158.76% 869.12% -1702.75% -100.0%
% of Operating Profit
Other Income/Expense, Net $8.139M $3.890M $816.9K
YoY Change 109.25% 376.14%

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 2018
Pretax Income -$11.73M -$12.87M -$6.643M -$3.330M -$5.120M -$2.740M
YoY Change -8.85% 93.78% 99.49% -34.96% 86.86%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$11.73M -$12.90M -$6.643M -$3.220M -$5.120M -$2.740M
YoY Change -9.04% 94.19% 106.31% -37.11% 86.86%
Net Earnings / Revenue -72071.31%
Basic Earnings Per Share -$10.11 -$0.71 -$0.66
Diluted Earnings Per Share -$10.11 -$0.71 -$595.0K -$248.3K -$394.8K -$211.3K

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 2018
Cash & Short-Term Investments $3.879M $2.269M $7.775M $650.0K $2.160M $80.00K
YoY Change 70.91% -70.81% 1096.2% -69.91% 2600.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $272.9K $598.3K $309.0K $210.0K $100.0K $80.00K
YoY Change -54.4% 93.61% 47.16% 110.0% 25.0%
Inventory $38.86K
Prepaid Expenses
Receivables $30.86K $48.94K $32.33K $10.00K $50.00K $40.00K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $4.221M $2.917M $8.117M $880.0K $2.300M $200.0K
YoY Change 44.73% -64.07% 822.35% -61.74% 1050.0%
Property, Plant & Equipment $125.4K $3.755M $2.121M $2.100M $2.070M $30.00K
YoY Change -96.66% 77.05% 0.99% 1.45% 6800.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $223.8K
YoY Change
Other Assets $63.71K $2.086M $50.61K $390.0K $0.00
YoY Change -96.95% 4021.64% -87.02%
Total Long-Term Assets $13.15M $18.93M $3.649M $2.490M $2.070M $20.00K
YoY Change -30.55% 418.82% 46.54% 20.29% 10250.0%
Total Assets $17.37M $21.85M $11.77M $3.370M $4.370M $220.0K
YoY Change
Accounts Payable $1.074M $782.2K $414.1K $990.0K $920.0K $180.0K
YoY Change 37.25% 88.89% -58.17% 7.61% 411.11%
Accrued Expenses $868.5K $636.6K $981.0K $910.0K $420.0K $70.00K
YoY Change 36.41% -35.11% 7.81% 116.67% 500.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.085M $3.942M
YoY Change 3.62%
Total Short-Term Liabilities $6.042M $5.361M $2.286M $1.930M $1.380M $260.0K
YoY Change 12.71% 134.5% 18.45% 39.86% 430.77%
Long-Term Debt $45.37K $44.30K $47.33K $30.00K $0.00 $0.00
YoY Change 2.42% -6.4% 57.77%
Other Long-Term Liabilities $2.716M $5.899M $1.432M
YoY Change -53.96% 311.98%
Total Long-Term Liabilities $2.761M $5.943M $1.479M $30.00K $0.00 $0.00
YoY Change -53.54% 301.79% 4830.83%
Total Liabilities $8.803M $11.30M $3.765M $1.960M $1.380M $260.0K
YoY Change -22.12% 200.22% 92.11% 42.03% 430.77%

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 2018
Basic Shares Outstanding 1.161M shares 18.08M shares 11.16M shares
Diluted Shares Outstanding 1.161M shares 361.6K 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: $4.8059 Million

About AGRIFORCE GROWING SYSTEMS LTD.

AgriFORCE Growing Systems Ltd. is an agriculture-focused technology company, which delivers solutions for high value crops through its proprietary facility design and automation intellectual property to businesses and enterprises globally. The company is headquartered in Vancouver, British Columbia and currently employs 7 full-time employees. The company went IPO on 2021-07-08. The firm operates through two divisions: AgriFORCE Solutions and AgriFORCE Brands. AgriFORCE Solutions division is dedicated to creating and advancing an integrated approach to AgTech through consulting, facilities solutions, and AgTech platform products and services that deliver healthy, efficient, sustainable crops for growers. The company delivers through a range of services and intellectual property (IP). This includes Integrated Facilities and AgTech Consulting Services. The AgriFORCE Brands division is focused on the development and commercialization of plant-based ingredients and products that deliver healthier and more nutritious solutions. Its brands include UN(THINK) Foods, UN(THINK) Awakened Flour and UN(THINK) Power Flour. The company generates and distributes hydroxyl radicals, reactive molecules that target and break down pathogens, virus, mold and other contaminants at an atomic level.

Industry: Prefabricated Metal Buildings & Components Peers: Village Farms International, Inc.