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

Forafric Global PLC is the larger business by last-quarter revenue ($159.7M vs $115.1M, roughly 1.4× FLEXSTEEL INDUSTRIES INC). FLEXSTEEL INDUSTRIES INC runs the higher net margin — 17.7% vs -7.5%, a 25.3% gap on every dollar of revenue.

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.

Flexsteel Industries Inc is a leading U.S.-headquartered furniture manufacturer that designs, produces and distributes a wide portfolio of upholstered residential, commercial, and hospitality furniture. It primarily operates across North American markets, serving end consumers, retail partners and corporate clients through its extensive distribution network.

AFRI vs FLXS — Head-to-Head

Bigger by revenue
AFRI
AFRI
1.4× larger
AFRI
$159.7M
$115.1M
FLXS
Higher net margin
FLXS
FLXS
25.3% more per $
FLXS
17.7%
-7.5%
AFRI

Income Statement — Q2 FY2025 vs Q1 FY2027

Metric
AFRI
AFRI
FLXS
FLXS
Revenue
$159.7M
$115.1M
Net Profit
$-12.0M
$20.4M
Gross Margin
10.7%
22.6%
Operating Margin
-2.5%
Net Margin
-7.5%
17.7%
Revenue YoY
1.0%
Net Profit YoY
116.0%
EPS (diluted)
$1.14

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
FLXS
FLXS
Q3 26
$115.1M
Q4 25
$118.2M
Q3 25
$110.4M
Q2 25
$159.7M
$114.6M
Q1 25
$114.0M
Q4 24
$108.5M
Q3 24
$104.0M
Q2 24
$145.6M
$110.8M
Net Profit
AFRI
AFRI
FLXS
FLXS
Q3 26
$20.4M
Q4 25
$6.6M
Q3 25
$7.3M
Q2 25
$-12.0M
$10.7M
Q1 25
$-3.7M
Q4 24
$9.1M
Q3 24
$4.1M
Q2 24
$-8.6M
$4.9M
Gross Margin
AFRI
AFRI
FLXS
FLXS
Q3 26
22.6%
Q4 25
22.7%
Q3 25
23.5%
Q2 25
10.7%
23.9%
Q1 25
22.2%
Q4 24
21.0%
Q3 24
21.5%
Q2 24
9.4%
21.3%
Operating Margin
AFRI
AFRI
FLXS
FLXS
Q3 26
Q4 25
7.6%
Q3 25
8.1%
Q2 25
-2.5%
12.2%
Q1 25
-4.4%
Q4 24
10.7%
Q3 24
5.8%
Q2 24
-0.9%
6.9%
Net Margin
AFRI
AFRI
FLXS
FLXS
Q3 26
17.7%
Q4 25
5.6%
Q3 25
6.6%
Q2 25
-7.5%
9.3%
Q1 25
-3.3%
Q4 24
8.3%
Q3 24
4.0%
Q2 24
-5.9%
4.4%
EPS (diluted)
AFRI
AFRI
FLXS
FLXS
Q3 26
$1.14
Q4 25
$1.18
Q3 25
$1.31
Q2 25
$1.90
Q1 25
$-0.71
Q4 24
$1.62
Q3 24
$0.74
Q2 24
$0.87

Balance Sheet & Financial Strength

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

Metric
AFRI
AFRI
FLXS
FLXS
Cash + ST InvestmentsLiquidity on hand
$12.2M
$57.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.3M
$185.3M
Total Assets
$246.1M
$290.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
FLXS
FLXS
Q3 26
$57.3M
Q4 25
$36.8M
Q3 25
$38.6M
Q2 25
$12.2M
$40.0M
Q1 25
$22.6M
Q4 24
$11.8M
Q3 24
$5.7M
Q2 24
$16.4M
$4.8M
Total Debt
AFRI
AFRI
FLXS
FLXS
Q3 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$18.4M
Stockholders' Equity
AFRI
AFRI
FLXS
FLXS
Q3 26
$185.3M
Q4 25
$178.9M
Q3 25
$172.2M
Q2 25
$5.3M
$167.9M
Q1 25
$158.1M
Q4 24
$161.9M
Q3 24
$154.7M
Q2 24
$16.3M
$150.4M
Total Assets
AFRI
AFRI
FLXS
FLXS
Q3 26
$290.2M
Q4 25
$290.2M
Q3 25
$281.5M
Q2 25
$246.1M
$282.5M
Q1 25
$266.1M
Q4 24
$271.5M
Q3 24
$268.7M
Q2 24
$287.1M
$274.5M
Debt / Equity
AFRI
AFRI
FLXS
FLXS
Q3 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
1.13×

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
FLXS
FLXS
Operating Cash FlowLast quarter
$706.0K
$27.2M
Free Cash FlowOCF − Capex
$146.0K
FCF MarginFCF / Revenue
0.1%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
1.33×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRI
AFRI
FLXS
FLXS
Q3 26
$27.2M
Q4 25
$1.0M
Q3 25
$4.1M
Q2 25
$706.0K
$15.6M
Q1 25
$12.3M
Q4 24
$6.7M
Q3 24
$2.4M
Q2 24
$10.5M
$7.5M
Free Cash Flow
AFRI
AFRI
FLXS
FLXS
Q3 26
Q4 25
$-735.0K
Q3 25
$2.8M
Q2 25
$146.0K
$15.1M
Q1 25
$10.9M
Q4 24
$5.8M
Q3 24
$2.0M
Q2 24
$6.4M
$7.1M
FCF Margin
AFRI
AFRI
FLXS
FLXS
Q3 26
Q4 25
-0.6%
Q3 25
2.5%
Q2 25
0.1%
13.1%
Q1 25
9.6%
Q4 24
5.3%
Q3 24
1.9%
Q2 24
4.4%
6.4%
Capex Intensity
AFRI
AFRI
FLXS
FLXS
Q3 26
Q4 25
1.5%
Q3 25
1.2%
Q2 25
0.4%
0.5%
Q1 25
1.2%
Q4 24
0.8%
Q3 24
0.4%
Q2 24
2.8%
0.4%
Cash Conversion
AFRI
AFRI
FLXS
FLXS
Q3 26
1.33×
Q4 25
0.15×
Q3 25
0.56×
Q2 25
1.46×
Q1 25
Q4 24
0.74×
Q3 24
0.58×
Q2 24
1.53×

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%

FLXS
FLXS

Segment breakdown not available.

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