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

Bunge Global is the larger business by last-quarter revenue ($4.9B vs $159.7M, roughly 30.6× Forafric Global PLC). Bunge Global runs the higher net margin — 1.9% vs -7.5%, a 9.5% gap on every dollar of revenue. Bunge Global produced more free cash flow last quarter ($809.0M 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.

Bunge Global SA (BUN-ghee) is a global agribusiness and food company, incorporated in Geneva, Switzerland and headquartered in St. Louis, Missouri, United States.

AFRI vs BG — Head-to-Head

Bigger by revenue
BG
BG
30.6× larger
BG
$4.9B
$159.7M
AFRI
Higher net margin
BG
BG
9.5% more per $
BG
1.9%
-7.5%
AFRI
More free cash flow
BG
BG
$808.9M more FCF
BG
$809.0M
$146.0K
AFRI

Income Statement — Q2 2025 vs Q4 2025

Metric
AFRI
AFRI
BG
BG
Revenue
$159.7M
$4.9B
Net Profit
$-12.0M
$95.0M
Gross Margin
10.7%
20.7%
Operating Margin
-2.5%
1.8%
Net Margin
-7.5%
1.9%
Revenue YoY
22.2%
Net Profit YoY
-84.2%
EPS (diluted)
$-0.02

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
BG
BG
Q4 25
$4.9B
Q3 25
$4.4B
Q2 25
$159.7M
$4.0B
Q1 25
$3.7B
Q4 24
$4.0B
Q3 24
$3.9B
Q2 24
$145.6M
$3.7B
Q1 24
$3.9B
Net Profit
AFRI
AFRI
BG
BG
Q4 25
$95.0M
Q3 25
$166.0M
Q2 25
$-12.0M
$354.0M
Q1 25
$201.0M
Q4 24
$602.0M
Q3 24
$221.0M
Q2 24
$-8.6M
$70.0M
Q1 24
$244.0M
Gross Margin
AFRI
AFRI
BG
BG
Q4 25
20.7%
Q3 25
24.3%
Q2 25
10.7%
18.4%
Q1 25
16.3%
Q4 24
27.0%
Q3 24
19.9%
Q2 24
9.4%
17.8%
Q1 24
22.2%
Operating Margin
AFRI
AFRI
BG
BG
Q4 25
1.8%
Q3 25
6.2%
Q2 25
-2.5%
12.3%
Q1 25
7.8%
Q4 24
18.3%
Q3 24
8.3%
Q2 24
-0.9%
2.8%
Q1 24
9.4%
Net Margin
AFRI
AFRI
BG
BG
Q4 25
1.9%
Q3 25
3.8%
Q2 25
-7.5%
8.8%
Q1 25
5.5%
Q4 24
15.0%
Q3 24
5.7%
Q2 24
-5.9%
1.9%
Q1 24
6.2%
EPS (diluted)
AFRI
AFRI
BG
BG
Q4 25
$-0.02
Q3 25
$0.84
Q2 25
$2.61
Q1 25
$1.48
Q4 24
$4.27
Q3 24
$1.56
Q2 24
$0.48
Q1 24
$1.68

Balance Sheet & Financial Strength

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

Metric
AFRI
AFRI
BG
BG
Cash + ST InvestmentsLiquidity on hand
$12.2M
$2.0B
Total DebtLower is stronger
$10.2B
Stockholders' EquityBook value
$5.3M
$15.9B
Total Assets
$246.1M
$44.5B
Debt / EquityLower = less leverage
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
BG
BG
Q4 25
$2.0B
Q3 25
$3.2B
Q2 25
$12.2M
$7.1B
Q1 25
$3.9B
Q4 24
$3.8B
Q3 24
$3.0B
Q2 24
$16.4M
$1.3B
Q1 24
$3.1B
Total Debt
AFRI
AFRI
BG
BG
Q4 25
$10.2B
Q3 25
$11.1B
Q2 25
$7.7B
Q1 25
$5.4B
Q4 24
$5.4B
Q3 24
$5.4B
Q2 24
$18.4M
$4.1B
Q1 24
$4.1B
Stockholders' Equity
AFRI
AFRI
BG
BG
Q4 25
$15.9B
Q3 25
$15.8B
Q2 25
$5.3M
$10.9B
Q1 25
$10.6B
Q4 24
$9.9B
Q3 24
$10.1B
Q2 24
$16.3M
$10.0B
Q1 24
$10.6B
Total Assets
AFRI
AFRI
BG
BG
Q4 25
$44.5B
Q3 25
$46.3B
Q2 25
$246.1M
$31.2B
Q1 25
$26.7B
Q4 24
$24.9B
Q3 24
$25.3B
Q2 24
$287.1M
$24.4B
Q1 24
$25.8B
Debt / Equity
AFRI
AFRI
BG
BG
Q4 25
0.64×
Q3 25
0.71×
Q2 25
0.71×
Q1 25
0.51×
Q4 24
0.54×
Q3 24
0.54×
Q2 24
1.13×
0.41×
Q1 24
0.39×

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
BG
BG
Operating Cash FlowLast quarter
$706.0K
$1.3B
Free Cash FlowOCF − Capex
$146.0K
$809.0M
FCF MarginFCF / Revenue
0.1%
16.6%
Capex IntensityCapex / Revenue
0.4%
11.0%
Cash ConversionOCF / Net Profit
14.18×
TTM Free Cash FlowTrailing 4 quarters
$-879.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRI
AFRI
BG
BG
Q4 25
$1.3B
Q3 25
$854.0M
Q2 25
$706.0K
$-1.1B
Q1 25
$-285.0M
Q4 24
$1.1B
Q3 24
$1.3B
Q2 24
$10.5M
$-1.5B
Q1 24
$994.0M
Free Cash Flow
AFRI
AFRI
BG
BG
Q4 25
$809.0M
Q3 25
$385.0M
Q2 25
$146.0K
$-1.5B
Q1 25
$-595.0M
Q4 24
$564.0M
Q3 24
$973.0M
Q2 24
$6.4M
$-1.8B
Q1 24
$758.0M
FCF Margin
AFRI
AFRI
BG
BG
Q4 25
16.6%
Q3 25
8.8%
Q2 25
0.1%
-36.8%
Q1 25
-16.2%
Q4 24
14.1%
Q3 24
25.1%
Q2 24
4.4%
-47.4%
Q1 24
19.2%
Capex Intensity
AFRI
AFRI
BG
BG
Q4 25
11.0%
Q3 25
10.7%
Q2 25
0.4%
10.1%
Q1 25
8.5%
Q4 24
12.2%
Q3 24
9.1%
Q2 24
2.8%
8.0%
Q1 24
6.0%
Cash Conversion
AFRI
AFRI
BG
BG
Q4 25
14.18×
Q3 25
5.14×
Q2 25
-3.03×
Q1 25
-1.42×
Q4 24
1.75×
Q3 24
6.00×
Q2 24
-21.06×
Q1 24
4.07×

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%

BG
BG

Other Oilseeds Processing And Refining$4.6B95%
Other$251.0M5%
Other Products$3.0M0%

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