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

Forafric Global PLC is the larger business by last-quarter revenue ($159.7M vs $114.7M, roughly 1.4× AvePoint, Inc.). AvePoint, Inc. runs the higher net margin — 13.6% vs -7.5%, a 21.2% gap on every dollar of revenue. AvePoint, Inc. produced more free cash flow last quarter ($29.0M 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.

AvePoint is a public company headquartered in Jersey City, New Jersey, United States. It develops software products intended to add features or security to other major platforms, like Microsoft 365, Google, or Salesforce. AvePoint was founded in 2001 and went public on NASDAQ in 2020.

AFRI vs AVPT — Head-to-Head

Bigger by revenue
AFRI
AFRI
1.4× larger
AFRI
$159.7M
$114.7M
AVPT
Higher net margin
AVPT
AVPT
21.2% more per $
AVPT
13.6%
-7.5%
AFRI
More free cash flow
AVPT
AVPT
$28.8M more FCF
AVPT
$29.0M
$146.0K
AFRI

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AFRI
AFRI
AVPT
AVPT
Revenue
$159.7M
$114.7M
Net Profit
$-12.0M
$15.6M
Gross Margin
10.7%
73.6%
Operating Margin
-2.5%
12.7%
Net Margin
-7.5%
13.6%
Revenue YoY
28.6%
Net Profit YoY
191.1%
EPS (diluted)
$0.06

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
AVPT
AVPT
Q4 25
$114.7M
Q3 25
$109.7M
Q2 25
$159.7M
$102.0M
Q1 25
$93.1M
Q4 24
$89.2M
Q3 24
$88.8M
Q2 24
$145.6M
$78.0M
Q1 24
$74.5M
Net Profit
AFRI
AFRI
AVPT
AVPT
Q4 25
$15.6M
Q3 25
$13.0M
Q2 25
$-12.0M
$2.9M
Q1 25
$3.6M
Q4 24
$-17.2M
Q3 24
$2.6M
Q2 24
$-8.6M
$-12.9M
Q1 24
$-2.0M
Gross Margin
AFRI
AFRI
AVPT
AVPT
Q4 25
73.6%
Q3 25
74.4%
Q2 25
10.7%
74.0%
Q1 25
74.3%
Q4 24
75.4%
Q3 24
76.1%
Q2 24
9.4%
75.7%
Q1 24
72.6%
Operating Margin
AFRI
AFRI
AVPT
AVPT
Q4 25
12.7%
Q3 25
7.4%
Q2 25
-2.5%
7.0%
Q1 25
3.5%
Q4 24
5.4%
Q3 24
8.6%
Q2 24
-0.9%
-2.7%
Q1 24
-4.3%
Net Margin
AFRI
AFRI
AVPT
AVPT
Q4 25
13.6%
Q3 25
11.9%
Q2 25
-7.5%
2.8%
Q1 25
3.8%
Q4 24
-19.3%
Q3 24
3.0%
Q2 24
-5.9%
-16.6%
Q1 24
-2.6%
EPS (diluted)
AFRI
AFRI
AVPT
AVPT
Q4 25
$0.06
Q3 25
$0.06
Q2 25
$0.01
Q1 25
$0.02
Q4 24
$-0.09
Q3 24
$0.01
Q2 24
$-0.07
Q1 24
$-0.01

Balance Sheet & Financial Strength

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

Metric
AFRI
AFRI
AVPT
AVPT
Cash + ST InvestmentsLiquidity on hand
$12.2M
$481.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.3M
$478.7M
Total Assets
$246.1M
$789.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
AVPT
AVPT
Q4 25
$481.1M
Q3 25
$471.6M
Q2 25
$12.2M
$430.1M
Q1 25
$351.8M
Q4 24
$290.9M
Q3 24
$250.0M
Q2 24
$16.4M
$230.8M
Q1 24
$219.3M
Total Debt
AFRI
AFRI
AVPT
AVPT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$18.4M
Q1 24
Stockholders' Equity
AFRI
AFRI
AVPT
AVPT
Q4 25
$478.7M
Q3 25
$466.8M
Q2 25
$5.3M
$443.1M
Q1 25
$361.5M
Q4 24
$270.9M
Q3 24
$215.7M
Q2 24
$16.3M
$207.4M
Q1 24
$212.7M
Total Assets
AFRI
AFRI
AVPT
AVPT
Q4 25
$789.2M
Q3 25
$743.5M
Q2 25
$246.1M
$700.1M
Q1 25
$598.8M
Q4 24
$519.1M
Q3 24
$463.0M
Q2 24
$287.1M
$427.3M
Q1 24
$413.8M
Debt / Equity
AFRI
AFRI
AVPT
AVPT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
1.13×
Q1 24

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
AVPT
AVPT
Operating Cash FlowLast quarter
$706.0K
$29.7M
Free Cash FlowOCF − Capex
$146.0K
$29.0M
FCF MarginFCF / Revenue
0.1%
25.3%
Capex IntensityCapex / Revenue
0.4%
0.6%
Cash ConversionOCF / Net Profit
1.90×
TTM Free Cash FlowTrailing 4 quarters
$81.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRI
AFRI
AVPT
AVPT
Q4 25
$29.7M
Q3 25
$34.8M
Q2 25
$706.0K
$20.3M
Q1 25
$495.0K
Q4 24
$32.8M
Q3 24
$32.2M
Q2 24
$10.5M
$16.2M
Q1 24
$7.8M
Free Cash Flow
AFRI
AFRI
AVPT
AVPT
Q4 25
$29.0M
Q3 25
$34.3M
Q2 25
$146.0K
$19.3M
Q1 25
$-1.0M
Q4 24
$32.0M
Q3 24
$30.8M
Q2 24
$6.4M
$15.8M
Q1 24
$7.3M
FCF Margin
AFRI
AFRI
AVPT
AVPT
Q4 25
25.3%
Q3 25
31.3%
Q2 25
0.1%
18.9%
Q1 25
-1.1%
Q4 24
35.9%
Q3 24
34.7%
Q2 24
4.4%
20.2%
Q1 24
9.7%
Capex Intensity
AFRI
AFRI
AVPT
AVPT
Q4 25
0.6%
Q3 25
0.5%
Q2 25
0.4%
0.9%
Q1 25
1.6%
Q4 24
0.8%
Q3 24
1.6%
Q2 24
2.8%
0.5%
Q1 24
0.7%
Cash Conversion
AFRI
AFRI
AVPT
AVPT
Q4 25
1.90×
Q3 25
2.68×
Q2 25
7.01×
Q1 25
0.14×
Q4 24
Q3 24
12.30×
Q2 24
Q1 24

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%

AVPT
AVPT

SAAS$88.9M78%
Services$14.7M13%
Termed License And Support$10.1M9%

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