Financial Snapshot

Revenue
$203.9M
TTM
Gross Margin
4.51%
TTM
Net Earnings
$5.985M
TTM
Current Assets
$155.3M
Q1 2024
Current Liabilities
$7.119M
Q1 2024
Current Ratio
2180.98%
Q1 2024
Total Assets
$171.9M
Q1 2024
Total Liabilities
$7.556M
Q1 2024
Book Value
$164.4M
Q1 2024
Cash
P/E
0.5353
Nov 29, 2024 EST
Free Cash Flow
-$61.50M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $110.4M $99.21M $39.29M $30.17M $30.84M $29.82M $26.67M $20.72M $11.41M
YoY Change 11.24% 152.52% 30.23% -2.17% 3.42% 11.81% 28.72% 81.6%

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 2017 2016 2015
Revenue $110.4M $99.21M $39.29M $30.17M $30.84M $29.82M $26.67M $20.72M $11.41M
Cost Of Revenue $106.1M $93.78M $34.18M $25.20M $25.42M $24.75M $22.14M $17.37M $9.690M
Gross Profit $4.287M $5.438M $5.109M $4.960M $5.420M $5.070M $4.520M $3.340M $1.720M
Gross Profit Margin 3.88% 5.48% 13.0% 16.44% 17.57% 17.0% 16.95% 16.12% 15.07%

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 2017 2016 2015
Selling, General & Admin $2.277M $4.439M $2.256M $2.860M $2.390M $1.990M $1.060M $470.0K $390.0K
YoY Change -48.69% 96.71% -21.1% 19.67% 20.1% 87.74% 125.53% 20.51%
% of Gross Profit 53.13% 81.62% 44.16% 57.66% 44.1% 39.25% 23.45% 14.07% 22.67%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $19.75K $64.29K $68.42K $80.00K $50.00K $20.00K $20.00K $20.00K $20.00K
YoY Change -69.28% -6.04% -14.48% 60.0% 150.0% 0.0% 0.0% 0.0%
% of Gross Profit 0.46% 1.18% 1.34% 1.61% 0.92% 0.39% 0.44% 0.6% 1.16%
Operating Expenses -$2.245M $4.496M $2.256M $2.870M $2.390M $1.990M $1.060M $480.0K $380.0K
YoY Change -149.94% 99.24% -21.38% 20.08% 20.1% 87.74% 120.83% 26.32%
Operating Profit $2.041M $942.4K $2.853M $2.090M $3.030M $3.080M $3.460M $2.860M $1.340M
YoY Change 116.62% -66.97% 36.5% -31.02% -1.62% -10.98% 20.98% 113.43%

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 2017 2016 2015
Interest Expense $650.8K $134.1K -$40.29K -$1.360M -$3.310M -$150.0K -$210.0K -$250.0K -$260.0K
YoY Change 385.16% -432.95% -97.04% -58.91% 2106.67% -28.57% -16.0% -3.85%
% of Operating Profit 31.88% 14.23% -1.41% -65.07% -109.24% -4.87% -6.07% -8.74% -19.4%
Other Income/Expense, Net $815.9K $1.163M -$379.2K $110.0K $0.00 $310.0K $20.00K -$40.00K -$10.00K
YoY Change -29.86% -406.74% -444.75% -100.0% 1450.0% -150.0% 300.0%

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 2017 2016 2015
Pretax Income $2.857M $2.106M $2.433M $850.0K -$280.0K $3.240M $3.280M $2.580M $1.060M
YoY Change 35.7% -13.47% 186.28% -403.57% -108.64% -1.22% 27.13% 143.4%
Income Tax -$313.5K -$118.4K $25.57K $40.00K $30.00K $10.00K $10.00K $270.0K $300.0K
% Of Pretax Income -10.97% -5.62% 1.05% 4.71% 0.31% 0.3% 10.47% 28.3%
Net Earnings $2.544M $2.224M $2.358M $820.0K -$310.0K $3.220M $3.270M $2.310M $760.0K
YoY Change 14.38% -5.7% 187.61% -364.52% -109.63% -1.53% 41.56% 203.95%
Net Earnings / Revenue 2.3% 2.24% 6.0% 2.72% -1.01% 10.8% 12.26% 11.15% 6.66%
Basic Earnings Per Share $0.70 $0.10 $0.57 $1.25
Diluted Earnings Per Share $0.30 $0.10 $564.5K $50.49K -$26.54K $288.3K $286.8K $202.6K $66.67K

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 2017 2016 2015
Cash & Short-Term Investments $12.79M $41.17M $59.25M $550.0K $140.0K $4.930M $2.590M $50.00K $160.0K
YoY Change -68.94% -30.51% 10673.07% 292.86% -97.16% 90.35% 5080.0% -68.75%
Cash & Equivalents
Short-Term Investments $0.00 $5.820K
Other Short-Term Assets $116.7M $83.98M $70.21M $25.13M $14.28M $6.010M $4.410M $4.030M $40.00K
YoY Change 38.94% 19.62% 179.38% 75.98% 137.6% 36.28% 9.43% 9975.0%
Inventory $3.902M $716.3K $1.372M $580.0K $1.460M $1.810M $1.590M $1.470M $1.820M
Prepaid Expenses
Receivables $24.68M $16.35M $24.47M $10.76M $13.83M $8.600M $5.140M $5.270M $5.900M
Other Receivables $110.9K $11.03M $0.00 $0.00 $0.00 $0.00 $0.00 $2.240M $790.0K
Total Short-Term Assets $158.2M $153.3M $155.3M $37.02M $29.71M $21.34M $13.74M $13.05M $8.690M
YoY Change 3.21% -1.32% 319.52% 24.6% 39.22% 55.31% 5.29% 50.17%
Property, Plant & Equipment $9.729M $10.22M $856.2K $1.090M $140.0K $140.0K $100.0K $60.00K $70.00K
YoY Change -4.79% 1093.48% -21.45% 678.57% 0.0% 40.0% 66.67% -14.29%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $6.900M $140.6K
YoY Change 4808.44%
Other Assets $0.00 $163.2K $9.485M $0.00 $600.0K $600.0K $20.00K $270.0K
YoY Change -100.0% -98.28% -100.0% 0.0% -92.59%
Total Long-Term Assets $16.63M $10.53M $10.38M $1.170M $770.0K $740.0K $100.0K $90.00K $350.0K
YoY Change 57.94% 1.42% 787.3% 51.95% 4.05% 640.0% 11.11% -74.29%
Total Assets $174.8M $163.8M $165.7M $38.19M $30.48M $22.08M $13.84M $13.14M $9.040M
YoY Change
Accounts Payable $1.106M $197.1K $56.46K $410.0K $290.0K $340.0K $420.0K $470.0K $1.440M
YoY Change 460.86% 249.17% -86.23% 41.38% -14.71% -19.05% -10.64% -67.36%
Accrued Expenses $69.06K $46.54K $155.5K $140.0K
YoY Change 48.39% -70.08% 11.09%
Deferred Revenue
YoY Change
Short-Term Debt $8.201M $2.191M $2.173M $5.290M $4.330M $1.460M $1.650M $3.300M $4.730M
YoY Change 274.32% 0.83% -58.93% 22.17% 196.58% -11.52% -50.0% -30.23%
Long-Term Debt Due $676.3K $1.505M $0.00 $660.0K $0.00
YoY Change -55.07% -100.0%
Total Short-Term Liabilities $10.71M $8.289M $4.146M $8.370M $8.150M $2.220M $2.530M $5.850M $6.790M
YoY Change 29.24% 99.91% -50.46% 2.7% 267.12% -12.25% -56.75% -13.84%
Long-Term Debt $1.653M $292.3K $142.3K $0.00 $0.00 $640.0K $660.0K $0.00 $690.0K
YoY Change 465.38% 105.46% -100.0% -3.03% -100.0%
Other Long-Term Liabilities $458.6K $517.2K $605.8K $670.0K
YoY Change -11.32% -14.63% -9.58%
Total Long-Term Liabilities $2.111M $809.4K $748.1K $670.0K $0.00 $640.0K $660.0K $0.00 $690.0K
YoY Change 160.82% 8.21% 11.65% -100.0% -3.03% -100.0%
Total Liabilities $12.82M $9.099M $5.811M $9.910M $8.980M $3.740M $4.090M $6.740M $7.480M
YoY Change 40.94% 56.58% -41.36% 10.36% 140.11% -8.56% -39.32% -9.89%

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 2017 2016 2015
Basic Shares Outstanding 3.629M shares 23.25M shares 4.114M shares 649.8K shares 649.8K shares
Diluted Shares Outstanding 8.453M shares 23.25M shares 4.178M shares 649.8K shares 649.8K 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: $3.2037 Million

About Farmmi, Inc.

Farmmi, Inc. is a holding company, which engages in e-commerce and technology enterprise that offers trading platforms for agricultural products. The company is headquartered in Lishui, Zhejiang and currently employs 70 full-time employees. The company went IPO on 2018-02-13. The Company, through its subsidiaries, is engaged in processing and distributing dried edible mushrooms, mainly Shiitake and Mu Er mushrooms, and trading other agricultural products. The firm produces andsells Shiitake mushrooms, Mu Er mushrooms, other edible fungi, and other agricultural products such as rice and edible oil. The firm also sells non-fungi agricultural products such as crabs and oranges on its online store Farmmi Liangpin Market ((www.farmmi.com/www.farmmi88.com)).

Industry: Canned, Fruits, Veg, Preserves, Jams & Jellies Peers: Pingtan Marine Enterprise Ltd. TDH Holdings, Inc.