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Side-by-side financial comparison of Forafric Global PLC (AFRI) and Amphastar Pharmaceuticals, Inc. (AMPH). Click either name above to swap in a different company.

Amphastar Pharmaceuticals, Inc. is the larger business by last-quarter revenue ($183.1M vs $159.7M, roughly 1.1× Forafric Global PLC). Amphastar Pharmaceuticals, Inc. runs the higher net margin — 13.3% vs -7.5%, a 20.9% gap on every dollar of revenue. Amphastar Pharmaceuticals, Inc. produced more free cash flow last quarter ($24.6M vs $146.0K).

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.

Amphastar Pharmaceuticals is a publicly traded American speciality pharmaceutical company. It was incorporated in May 2004 and primarily develops, manufactures, and sells inhalation and intranasal products.

AFRI vs AMPH — Head-to-Head

Bigger by revenue
AMPH
AMPH
1.1× larger
AMPH
$183.1M
$159.7M
AFRI
Higher net margin
AMPH
AMPH
20.9% more per $
AMPH
13.3%
-7.5%
AFRI
More free cash flow
AMPH
AMPH
$24.4M more FCF
AMPH
$24.6M
$146.0K
AFRI

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AFRI
AFRI
AMPH
AMPH
Revenue
$159.7M
$183.1M
Net Profit
$-12.0M
$24.4M
Gross Margin
10.7%
46.8%
Operating Margin
-2.5%
19.4%
Net Margin
-7.5%
13.3%
Revenue YoY
-1.8%
Net Profit YoY
-35.7%
EPS (diluted)
$0.51

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
AFRI
AFRI
AMPH
AMPH
Q4 25
$183.1M
Q3 25
$191.8M
Q2 25
$159.7M
$174.4M
Q1 25
$170.5M
Q4 24
$186.5M
Q3 24
$191.2M
Q2 24
$145.6M
$182.4M
Q1 24
$171.8M
Net Profit
AFRI
AFRI
AMPH
AMPH
Q4 25
$24.4M
Q3 25
$17.4M
Q2 25
$-12.0M
$31.0M
Q1 25
$25.3M
Q4 24
$38.0M
Q3 24
$40.4M
Q2 24
$-8.6M
$37.9M
Q1 24
$43.2M
Gross Margin
AFRI
AFRI
AMPH
AMPH
Q4 25
46.8%
Q3 25
51.4%
Q2 25
10.7%
49.6%
Q1 25
50.0%
Q4 24
46.5%
Q3 24
53.3%
Q2 24
9.4%
52.2%
Q1 24
52.4%
Operating Margin
AFRI
AFRI
AMPH
AMPH
Q4 25
19.4%
Q3 25
13.2%
Q2 25
-2.5%
24.2%
Q1 25
21.9%
Q4 24
24.2%
Q3 24
29.8%
Q2 24
-0.9%
30.3%
Q1 24
27.9%
Net Margin
AFRI
AFRI
AMPH
AMPH
Q4 25
13.3%
Q3 25
9.0%
Q2 25
-7.5%
17.8%
Q1 25
14.8%
Q4 24
20.4%
Q3 24
21.1%
Q2 24
-5.9%
20.8%
Q1 24
25.1%
EPS (diluted)
AFRI
AFRI
AMPH
AMPH
Q4 25
$0.51
Q3 25
$0.37
Q2 25
$0.64
Q1 25
$0.51
Q4 24
$0.74
Q3 24
$0.78
Q2 24
$0.73
Q1 24
$0.81

Balance Sheet & Financial Strength

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

Metric
AFRI
AFRI
AMPH
AMPH
Cash + ST InvestmentsLiquidity on hand
$12.2M
$282.8M
Total DebtLower is stronger
$608.7M
Stockholders' EquityBook value
$5.3M
$788.8M
Total Assets
$246.1M
$1.6B
Debt / EquityLower = less leverage
0.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
AMPH
AMPH
Q4 25
$282.8M
Q3 25
$276.2M
Q2 25
$12.2M
$231.8M
Q1 25
$236.9M
Q4 24
$221.6M
Q3 24
$250.5M
Q2 24
$16.4M
$217.8M
Q1 24
$289.6M
Total Debt
AFRI
AFRI
AMPH
AMPH
Q4 25
$608.7M
Q3 25
$608.6M
Q2 25
$607.7M
Q1 25
$603.9M
Q4 24
$601.6M
Q3 24
$596.4M
Q2 24
$18.4M
$586.9M
Q1 24
$594.0M
Stockholders' Equity
AFRI
AFRI
AMPH
AMPH
Q4 25
$788.8M
Q3 25
$776.7M
Q2 25
$5.3M
$757.5M
Q1 25
$751.3M
Q4 24
$732.3M
Q3 24
$727.7M
Q2 24
$16.3M
$713.3M
Q1 24
$672.4M
Total Assets
AFRI
AFRI
AMPH
AMPH
Q4 25
$1.6B
Q3 25
$1.7B
Q2 25
$246.1M
$1.6B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.5B
Q2 24
$287.1M
$1.5B
Q1 24
$1.6B
Debt / Equity
AFRI
AFRI
AMPH
AMPH
Q4 25
0.77×
Q3 25
0.78×
Q2 25
0.80×
Q1 25
0.80×
Q4 24
0.82×
Q3 24
0.82×
Q2 24
1.13×
0.82×
Q1 24
0.88×

Cash Flow & Capital Efficiency

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

Metric
AFRI
AFRI
AMPH
AMPH
Operating Cash FlowLast quarter
$706.0K
$32.9M
Free Cash FlowOCF − Capex
$146.0K
$24.6M
FCF MarginFCF / Revenue
0.1%
13.4%
Capex IntensityCapex / Revenue
0.4%
4.5%
Cash ConversionOCF / Net Profit
1.35×
TTM Free Cash FlowTrailing 4 quarters
$121.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRI
AFRI
AMPH
AMPH
Q4 25
$32.9M
Q3 25
$52.6M
Q2 25
$706.0K
$35.6M
Q1 25
$35.1M
Q4 24
$29.0M
Q3 24
$60.0M
Q2 24
$10.5M
$69.1M
Q1 24
$55.3M
Free Cash Flow
AFRI
AFRI
AMPH
AMPH
Q4 25
$24.6M
Q3 25
$47.2M
Q2 25
$146.0K
$25.0M
Q1 25
$24.4M
Q4 24
$16.6M
Q3 24
$46.2M
Q2 24
$6.4M
$63.1M
Q1 24
$46.5M
FCF Margin
AFRI
AFRI
AMPH
AMPH
Q4 25
13.4%
Q3 25
24.6%
Q2 25
0.1%
14.3%
Q1 25
14.3%
Q4 24
8.9%
Q3 24
24.1%
Q2 24
4.4%
34.6%
Q1 24
27.1%
Capex Intensity
AFRI
AFRI
AMPH
AMPH
Q4 25
4.5%
Q3 25
2.8%
Q2 25
0.4%
6.1%
Q1 25
6.3%
Q4 24
6.7%
Q3 24
7.2%
Q2 24
2.8%
3.3%
Q1 24
5.1%
Cash Conversion
AFRI
AFRI
AMPH
AMPH
Q4 25
1.35×
Q3 25
3.03×
Q2 25
1.15×
Q1 25
1.39×
Q4 24
0.76×
Q3 24
1.48×
Q2 24
1.82×
Q1 24
1.28×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AFRI
AFRI

Sales to external customers, Total$159.7M100%
Couscous & Pasta$934.0K1%
Soft Wheat$393.0K0%

AMPH
AMPH

Other Products$62.4M34%
Baqsimi$46.7M26%
Primatenemist$27.9M15%
Epinephrine$17.1M9%
Lidocaine$14.9M8%
Glucagon$14.1M8%

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