Forafric Global PLCAFRIEarnings & Financial Report
Forafric Global PLC is an Africa-focused agribusiness operating across the full agricultural value chain, covering staple food production, processing, and distribution. Its core markets are North and West Africa, supplying grain, vegetable oil and essential food commodities to consumer, retail and industrial clients.
Revenue
$155.0M
Gross Profit
$15.1M
Operating Profit
N/A
Net Profit
$-8.4M
Gross Margin
9.7%
Operating Margin
N/A
Net Margin
-5.4%
YoY Growth
N/A
Forafric Global PLC Q2 FY2023 Financial Summary
Forafric Global PLC reported revenue of $155.0M for Q2 FY2023, with a net profit of $-8.4M (-5.4% margin). Cost of goods sold was $139.9M.
Key Financial Metrics
| Total Revenue | $155.0M |
|---|---|
| Net Profit | $-8.4M |
| Gross Margin | 9.7% |
| Operating Margin | N/A |
| Report Period | Q2 FY2023 |
Revenue Breakdown
Forafric Global PLC Q2 FY2023 revenue of $155.0M breaks down across 2 segments, led by Total at $155.0M (100.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Total | $155.0M | 100.0% |
| Operating (loss) income | $415.0K | 0.3% |
Forafric Global PLC Quarterly Revenue & Net Profit History
Forafric Global PLC results over the last 3 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2025 | $159.7M | — | $-12.0M | -7.5% |
| Q2 FY2024 | $145.6M | — | $-8.6M | -5.9% |
| Q2 FY2023 | $155.0M | — | $-8.4M | -5.4% |
Income Statement
| Q2 2023 | Q2 2024 | Q2 2025 | |
|---|---|---|---|
| Revenue | $155.0M | $145.6M | $159.7M |
| YoY Growth | N/A | N/A | N/A |
Balance Sheet
| Q2 2023 | Q2 2024 | Q2 2025 | |
|---|---|---|---|
| Assets | $307.2M | $287.1M | $246.1M |
| Liabilities | $262.2M | $270.8M | $240.8M |
| Equity | $45.0M | $16.3M | $5.3M |
Cash Flow
| Q2 2024 | Q2 2025 | |
|---|---|---|
| Operating CF | $10.5M | $706000 |