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Side-by-side financial comparison of Forafric Global PLC (AFRI) and GERMAN AMERICAN BANCORP, INC. (GABC). Click either name above to swap in a different company.

Forafric Global PLC is the larger business by last-quarter revenue ($159.7M vs $126.7M, roughly 1.3× GERMAN AMERICAN BANCORP, INC.). GERMAN AMERICAN BANCORP, INC. runs the higher net margin — 28.2% vs -7.5%, a 35.7% gap on every dollar of revenue. GERMAN AMERICAN BANCORP, INC. produced more free cash flow last quarter ($154.0M 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.

American Express Company or Amex is an American bank holding company and multinational financial services corporation that specializes in payment cards. It is headquartered at 200 Vesey Street, also known as American Express Tower, in the Battery Park City neighborhood of Lower Manhattan.

AFRI vs GABC — Head-to-Head

Bigger by revenue
AFRI
AFRI
1.3× larger
AFRI
$159.7M
$126.7M
GABC
Higher net margin
GABC
GABC
35.7% more per $
GABC
28.2%
-7.5%
AFRI
More free cash flow
GABC
GABC
$153.9M more FCF
GABC
$154.0M
$146.0K
AFRI

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AFRI
AFRI
GABC
GABC
Revenue
$159.7M
$126.7M
Net Profit
$-12.0M
$35.7M
Gross Margin
10.7%
Operating Margin
-2.5%
34.6%
Net Margin
-7.5%
28.2%
Revenue YoY
39.7%
Net Profit YoY
53.7%
EPS (diluted)
$0.98

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
GABC
GABC
Q4 25
$126.7M
Q3 25
$126.5M
Q2 25
$159.7M
$123.2M
Q1 25
$111.1M
Q4 24
$90.7M
Q3 24
$88.5M
Q2 24
$145.6M
$90.5M
Q1 24
$84.1M
Net Profit
AFRI
AFRI
GABC
GABC
Q4 25
$35.7M
Q3 25
$35.1M
Q2 25
$-12.0M
$31.4M
Q1 25
$10.5M
Q4 24
$23.2M
Q3 24
$21.0M
Q2 24
$-8.6M
$20.5M
Q1 24
$19.0M
Gross Margin
AFRI
AFRI
GABC
GABC
Q4 25
Q3 25
Q2 25
10.7%
Q1 25
Q4 24
Q3 24
Q2 24
9.4%
Q1 24
Operating Margin
AFRI
AFRI
GABC
GABC
Q4 25
34.6%
Q3 25
34.6%
Q2 25
-2.5%
31.8%
Q1 25
12.0%
Q4 24
31.6%
Q3 24
29.0%
Q2 24
-0.9%
29.4%
Q1 24
27.6%
Net Margin
AFRI
AFRI
GABC
GABC
Q4 25
28.2%
Q3 25
27.7%
Q2 25
-7.5%
25.5%
Q1 25
9.5%
Q4 24
25.6%
Q3 24
23.8%
Q2 24
-5.9%
22.7%
Q1 24
22.6%
EPS (diluted)
AFRI
AFRI
GABC
GABC
Q4 25
$0.98
Q3 25
$0.94
Q2 25
$0.84
Q1 25
$0.30
Q4 24
$0.79
Q3 24
$0.71
Q2 24
$0.69
Q1 24
$0.64

Balance Sheet & Financial Strength

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

Metric
AFRI
AFRI
GABC
GABC
Cash + ST InvestmentsLiquidity on hand
$12.2M
Total DebtLower is stronger
$100.0M
Stockholders' EquityBook value
$5.3M
$1.2B
Total Assets
$246.1M
$8.4B
Debt / EquityLower = less leverage
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
GABC
GABC
Q4 25
Q3 25
Q2 25
$12.2M
Q1 25
Q4 24
Q3 24
Q2 24
$16.4M
Q1 24
Total Debt
AFRI
AFRI
GABC
GABC
Q4 25
$100.0M
Q3 25
Q2 25
Q1 25
Q4 24
$114.6M
Q3 24
Q2 24
$18.4M
Q1 24
Stockholders' Equity
AFRI
AFRI
GABC
GABC
Q4 25
$1.2B
Q3 25
$1.1B
Q2 25
$5.3M
$1.1B
Q1 25
$1.0B
Q4 24
$715.1M
Q3 24
$744.6M
Q2 24
$16.3M
$687.8M
Q1 24
$655.3M
Total Assets
AFRI
AFRI
GABC
GABC
Q4 25
$8.4B
Q3 25
$8.4B
Q2 25
$246.1M
$8.3B
Q1 25
$8.4B
Q4 24
$6.3B
Q3 24
$6.3B
Q2 24
$287.1M
$6.2B
Q1 24
$6.1B
Debt / Equity
AFRI
AFRI
GABC
GABC
Q4 25
0.09×
Q3 25
Q2 25
Q1 25
Q4 24
0.16×
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
GABC
GABC
Operating Cash FlowLast quarter
$706.0K
$159.3M
Free Cash FlowOCF − Capex
$146.0K
$154.0M
FCF MarginFCF / Revenue
0.1%
121.6%
Capex IntensityCapex / Revenue
0.4%
4.2%
Cash ConversionOCF / Net Profit
4.46×
TTM Free Cash FlowTrailing 4 quarters
$267.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRI
AFRI
GABC
GABC
Q4 25
$159.3M
Q3 25
$51.8M
Q2 25
$706.0K
$26.9M
Q1 25
$37.9M
Q4 24
$95.8M
Q3 24
$24.5M
Q2 24
$10.5M
$18.7M
Q1 24
$23.9M
Free Cash Flow
AFRI
AFRI
GABC
GABC
Q4 25
$154.0M
Q3 25
$50.1M
Q2 25
$146.0K
$26.2M
Q1 25
$36.7M
Q4 24
$90.7M
Q3 24
$23.0M
Q2 24
$6.4M
$17.0M
Q1 24
$22.6M
FCF Margin
AFRI
AFRI
GABC
GABC
Q4 25
121.6%
Q3 25
39.6%
Q2 25
0.1%
21.2%
Q1 25
33.0%
Q4 24
100.1%
Q3 24
26.0%
Q2 24
4.4%
18.8%
Q1 24
26.9%
Capex Intensity
AFRI
AFRI
GABC
GABC
Q4 25
4.2%
Q3 25
1.3%
Q2 25
0.4%
0.6%
Q1 25
1.1%
Q4 24
5.6%
Q3 24
1.7%
Q2 24
2.8%
1.8%
Q1 24
1.5%
Cash Conversion
AFRI
AFRI
GABC
GABC
Q4 25
4.46×
Q3 25
1.48×
Q2 25
0.86×
Q1 25
3.61×
Q4 24
4.13×
Q3 24
1.16×
Q2 24
0.91×
Q1 24
1.25×

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%

GABC
GABC

Segment breakdown not available.

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