vs

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

DigitalOcean Holdings, Inc. is the larger business by last-quarter revenue ($242.4M vs $159.7M, roughly 1.5× Forafric Global PLC). DigitalOcean Holdings, Inc. runs the higher net margin — 10.6% vs -7.5%, a 18.1% gap on every dollar of revenue. DigitalOcean Holdings, Inc. produced more free cash flow last quarter ($31.1M 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.

DigitalOcean Holdings, Inc. is an American multinational technology company and cloud service provider. The company is headquartered in Broomfield, Colorado, US, with 15 globally distributed data centers. DigitalOcean provides developers, startups, and SMBs with cloud infrastructure-as-a-service platforms.

AFRI vs DOCN — Head-to-Head

Bigger by revenue
DOCN
DOCN
1.5× larger
DOCN
$242.4M
$159.7M
AFRI
Higher net margin
DOCN
DOCN
18.1% more per $
DOCN
10.6%
-7.5%
AFRI
More free cash flow
DOCN
DOCN
$31.0M more FCF
DOCN
$31.1M
$146.0K
AFRI

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AFRI
AFRI
DOCN
DOCN
Revenue
$159.7M
$242.4M
Net Profit
$-12.0M
$25.7M
Gross Margin
10.7%
58.7%
Operating Margin
-2.5%
16.0%
Net Margin
-7.5%
10.6%
Revenue YoY
18.3%
Net Profit YoY
40.5%
EPS (diluted)
$0.23

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
DOCN
DOCN
Q4 25
$242.4M
Q3 25
$229.6M
Q2 25
$159.7M
$218.7M
Q1 25
$210.7M
Q4 24
$204.9M
Q3 24
$198.5M
Q2 24
$145.6M
$192.5M
Q1 24
$184.7M
Net Profit
AFRI
AFRI
DOCN
DOCN
Q4 25
$25.7M
Q3 25
$158.4M
Q2 25
$-12.0M
$37.0M
Q1 25
$38.2M
Q4 24
$18.3M
Q3 24
$32.9M
Q2 24
$-8.6M
$19.1M
Q1 24
$14.1M
Gross Margin
AFRI
AFRI
DOCN
DOCN
Q4 25
58.7%
Q3 25
59.6%
Q2 25
10.7%
59.9%
Q1 25
61.4%
Q4 24
57.1%
Q3 24
60.2%
Q2 24
9.4%
61.0%
Q1 24
60.7%
Operating Margin
AFRI
AFRI
DOCN
DOCN
Q4 25
16.0%
Q3 25
19.6%
Q2 25
-2.5%
16.3%
Q1 25
17.9%
Q4 24
15.9%
Q3 24
12.4%
Q2 24
-0.9%
11.6%
Q1 24
6.2%
Net Margin
AFRI
AFRI
DOCN
DOCN
Q4 25
10.6%
Q3 25
69.0%
Q2 25
-7.5%
16.9%
Q1 25
18.1%
Q4 24
8.9%
Q3 24
16.6%
Q2 24
-5.9%
9.9%
Q1 24
7.7%
EPS (diluted)
AFRI
AFRI
DOCN
DOCN
Q4 25
$0.23
Q3 25
$1.51
Q2 25
$0.39
Q1 25
$0.39
Q4 24
$0.21
Q3 24
$0.33
Q2 24
$0.20
Q1 24
$0.15

Balance Sheet & Financial Strength

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

Metric
AFRI
AFRI
DOCN
DOCN
Cash + ST InvestmentsLiquidity on hand
$12.2M
$254.5M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$5.3M
$-28.7M
Total Assets
$246.1M
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
DOCN
DOCN
Q4 25
$254.5M
Q3 25
$236.6M
Q2 25
$12.2M
$387.7M
Q1 25
$360.4M
Q4 24
$428.4M
Q3 24
$439.9M
Q2 24
$16.4M
$443.1M
Q1 24
$419.1M
Total Debt
AFRI
AFRI
DOCN
DOCN
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
Q1 25
Q4 24
$1.5B
Q3 24
Q2 24
$18.4M
Q1 24
Stockholders' Equity
AFRI
AFRI
DOCN
DOCN
Q4 25
$-28.7M
Q3 25
$-69.6M
Q2 25
$5.3M
$-175.2M
Q1 25
$-210.7M
Q4 24
$-203.0M
Q3 24
$-211.7M
Q2 24
$16.3M
$-253.8M
Q1 24
$-286.1M
Total Assets
AFRI
AFRI
DOCN
DOCN
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$246.1M
$1.7B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.5B
Q2 24
$287.1M
$1.5B
Q1 24
$1.5B
Debt / Equity
AFRI
AFRI
DOCN
DOCN
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
DOCN
DOCN
Operating Cash FlowLast quarter
$706.0K
$57.3M
Free Cash FlowOCF − Capex
$146.0K
$31.1M
FCF MarginFCF / Revenue
0.1%
12.8%
Capex IntensityCapex / Revenue
0.4%
10.8%
Cash ConversionOCF / Net Profit
2.23×
TTM Free Cash FlowTrailing 4 quarters
$180.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRI
AFRI
DOCN
DOCN
Q4 25
$57.3M
Q3 25
$95.8M
Q2 25
$706.0K
$92.4M
Q1 25
$64.1M
Q4 24
$71.3M
Q3 24
$73.4M
Q2 24
$10.5M
$71.3M
Q1 24
$66.7M
Free Cash Flow
AFRI
AFRI
DOCN
DOCN
Q4 25
$31.1M
Q3 25
$88.0M
Q2 25
$146.0K
$59.3M
Q1 25
$2.1M
Q4 24
$26.1M
Q3 24
$16.0M
Q2 24
$6.4M
$39.5M
Q1 24
$23.0M
FCF Margin
AFRI
AFRI
DOCN
DOCN
Q4 25
12.8%
Q3 25
38.3%
Q2 25
0.1%
27.1%
Q1 25
1.0%
Q4 24
12.7%
Q3 24
8.1%
Q2 24
4.4%
20.5%
Q1 24
12.5%
Capex Intensity
AFRI
AFRI
DOCN
DOCN
Q4 25
10.8%
Q3 25
3.4%
Q2 25
0.4%
15.2%
Q1 25
29.4%
Q4 24
22.1%
Q3 24
28.9%
Q2 24
2.8%
16.6%
Q1 24
23.6%
Cash Conversion
AFRI
AFRI
DOCN
DOCN
Q4 25
2.23×
Q3 25
0.60×
Q2 25
2.50×
Q1 25
1.68×
Q4 24
3.91×
Q3 24
2.23×
Q2 24
3.73×
Q1 24
4.72×

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%

DOCN
DOCN

Scalers$84.3M35%
Scalers Plus$69.9M29%
Builders$64.1M26%
Learners Testers And Other$24.1M10%

Related Comparisons