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Side-by-side financial comparison of Affinity Bancshares, Inc. (AFBI) and Farmmi, Inc. (FAMI). Click either name above to swap in a different company.

Farmmi, Inc. is the larger business by last-quarter revenue ($16.1M vs $8.6M, roughly 1.9× Affinity Bancshares, Inc.). Affinity Bancshares, Inc. runs the higher net margin — 24.9% vs -0.3%, a 25.2% gap on every dollar of revenue. On growth, Affinity Bancshares, Inc. posted the faster year-over-year revenue change (12.8% vs -55.7%). Farmmi, Inc. produced more free cash flow last quarter ($14.6M vs $11.2M).

Farmmi Inc. is a company that processes and sells agricultural products in China and abroad; it grows and markets shiitake and wood ear mushrooms and other edible fungi products, including bamboo fungi, chestnut mushroom, trumpet royale, hen of the woods, lawyer's wig, and lion's mane mushroom. It also operates Farmmi Jicai, an online store that sells edible fungi products under the Forasen and Farmmi Liangpin brands. In addition, the company exports dried whole and sliced shiitake mushrooms,...

AFBI vs FAMI — Head-to-Head

Bigger by revenue
FAMI
FAMI
1.9× larger
FAMI
$16.1M
$8.6M
AFBI
Growing faster (revenue YoY)
AFBI
AFBI
+68.5% gap
AFBI
12.8%
-55.7%
FAMI
Higher net margin
AFBI
AFBI
25.2% more per $
AFBI
24.9%
-0.3%
FAMI
More free cash flow
FAMI
FAMI
$3.3M more FCF
FAMI
$14.6M
$11.2M
AFBI

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
AFBI
AFBI
FAMI
FAMI
Revenue
$8.6M
$16.1M
Net Profit
$2.1M
$-44.0K
Gross Margin
5.0%
Operating Margin
35.9%
-4.1%
Net Margin
24.9%
-0.3%
Revenue YoY
12.8%
-55.7%
Net Profit YoY
58.5%
-107.0%
EPS (diluted)
$0.34
$-0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AFBI
AFBI
FAMI
FAMI
Q4 25
$8.6M
Q3 25
$8.4M
Q2 25
$8.3M
Q1 25
$7.8M
$16.1M
Q4 24
$7.6M
Q3 24
$8.0M
Q2 24
$8.3M
Q1 24
$7.3M
$36.4M
Net Profit
AFBI
AFBI
FAMI
FAMI
Q4 25
$2.1M
Q3 25
$2.2M
Q2 25
$2.2M
Q1 25
$1.8M
$-44.0K
Q4 24
$1.3M
Q3 24
$1.7M
Q2 24
$1.0M
Q1 24
$1.3M
$630.5K
Gross Margin
AFBI
AFBI
FAMI
FAMI
Q4 25
Q3 25
Q2 25
Q1 25
5.0%
Q4 24
Q3 24
Q2 24
Q1 24
5.9%
Operating Margin
AFBI
AFBI
FAMI
FAMI
Q4 25
35.9%
Q3 25
34.9%
Q2 25
34.1%
Q1 25
30.8%
-4.1%
Q4 24
21.1%
Q3 24
28.5%
Q2 24
16.2%
Q1 24
24.0%
2.5%
Net Margin
AFBI
AFBI
FAMI
FAMI
Q4 25
24.9%
Q3 25
26.5%
Q2 25
25.9%
Q1 25
23.4%
-0.3%
Q4 24
17.7%
Q3 24
21.7%
Q2 24
12.5%
Q1 24
18.2%
1.7%
EPS (diluted)
AFBI
AFBI
FAMI
FAMI
Q4 25
$0.34
Q3 25
$0.34
Q2 25
$0.33
Q1 25
$0.28
$-0.04
Q4 24
$0.21
Q3 24
$0.26
Q2 24
$0.16
Q1 24
$0.20
$1.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AFBI
AFBI
FAMI
FAMI
Cash + ST InvestmentsLiquidity on hand
$53.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$127.0M
$166.4M
Total Assets
$881.7M
$230.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFBI
AFBI
FAMI
FAMI
Q4 25
$53.9M
Q3 25
$84.8M
Q2 25
$89.7M
Q1 25
$74.7M
Q4 24
$41.4M
Q3 24
$52.3M
Q2 24
$50.4M
Q1 24
$61.4M
Stockholders' Equity
AFBI
AFBI
FAMI
FAMI
Q4 25
$127.0M
Q3 25
$125.4M
Q2 25
$124.1M
Q1 25
$122.3M
$166.4M
Q4 24
$129.1M
Q3 24
$128.4M
Q2 24
$125.1M
Q1 24
$123.3M
$164.4M
Total Assets
AFBI
AFBI
FAMI
FAMI
Q4 25
$881.7M
Q3 25
$925.2M
Q2 25
$933.8M
Q1 25
$912.5M
$230.4M
Q4 24
$866.8M
Q3 24
$878.6M
Q2 24
$873.6M
Q1 24
$869.5M
$171.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AFBI
AFBI
FAMI
FAMI
Operating Cash FlowLast quarter
$11.6M
$14.6M
Free Cash FlowOCF − Capex
$11.2M
$14.6M
FCF MarginFCF / Revenue
130.9%
90.1%
Capex IntensityCapex / Revenue
4.9%
0.1%
Cash ConversionOCF / Net Profit
5.46×
TTM Free Cash FlowTrailing 4 quarters
$20.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFBI
AFBI
FAMI
FAMI
Q4 25
$11.6M
Q3 25
$3.7M
Q2 25
$3.8M
Q1 25
$1.9M
$14.6M
Q4 24
$6.8M
Q3 24
$4.1M
Q2 24
$619.0K
Q1 24
$1.2M
$-14.9M
Free Cash Flow
AFBI
AFBI
FAMI
FAMI
Q4 25
$11.2M
Q3 25
$3.6M
Q2 25
$3.7M
Q1 25
$1.8M
$14.6M
Q4 24
$6.4M
Q3 24
$4.0M
Q2 24
$489.0K
Q1 24
$1.1M
FCF Margin
AFBI
AFBI
FAMI
FAMI
Q4 25
130.9%
Q3 25
43.3%
Q2 25
44.0%
Q1 25
22.7%
90.1%
Q4 24
83.9%
Q3 24
49.5%
Q2 24
5.9%
Q1 24
14.8%
Capex Intensity
AFBI
AFBI
FAMI
FAMI
Q4 25
4.9%
Q3 25
0.8%
Q2 25
1.4%
Q1 25
1.9%
0.1%
Q4 24
5.6%
Q3 24
1.7%
Q2 24
1.6%
Q1 24
1.8%
0.0%
Cash Conversion
AFBI
AFBI
FAMI
FAMI
Q4 25
5.46×
Q3 25
1.66×
Q2 25
1.75×
Q1 25
1.05×
Q4 24
5.05×
Q3 24
2.36×
Q2 24
0.60×
Q1 24
0.91×
-23.63×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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