vs

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

GCM Grosvenor Inc. is the larger business by last-quarter revenue ($177.1M vs $159.7M, roughly 1.1× Forafric Global PLC). GCM Grosvenor Inc. runs the higher net margin — 32.8% vs -7.5%, a 40.4% gap on every dollar of revenue. GCM Grosvenor Inc. produced more free cash flow last quarter ($175.0M 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.

GCM Grosvenor is an American alternative asset management firm, with approximately $76 billion in assets under management and approximately 530 professionals as of 2023.

AFRI vs GCMG — Head-to-Head

Bigger by revenue
GCMG
GCMG
1.1× larger
GCMG
$177.1M
$159.7M
AFRI
Higher net margin
GCMG
GCMG
40.4% more per $
GCMG
32.8%
-7.5%
AFRI
More free cash flow
GCMG
GCMG
$174.9M more FCF
GCMG
$175.0M
$146.0K
AFRI

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AFRI
AFRI
GCMG
GCMG
Revenue
$159.7M
$177.1M
Net Profit
$-12.0M
$58.2M
Gross Margin
10.7%
Operating Margin
-2.5%
30.9%
Net Margin
-7.5%
32.8%
Revenue YoY
7.2%
Net Profit YoY
149.2%
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
GCMG
GCMG
Q4 25
$177.1M
Q3 25
$135.0M
Q2 25
$159.7M
$119.7M
Q1 25
$125.8M
Q4 24
$165.3M
Q3 24
$122.9M
Q2 24
$145.6M
$117.0M
Q1 24
$108.9M
Net Profit
AFRI
AFRI
GCMG
GCMG
Q4 25
$58.2M
Q3 25
$10.5M
Q2 25
$-12.0M
$15.4M
Q1 25
$463.0K
Q4 24
$7.6M
Q3 24
$4.2M
Q2 24
$-8.6M
$4.8M
Q1 24
$2.1M
Gross Margin
AFRI
AFRI
GCMG
GCMG
Q4 25
Q3 25
Q2 25
10.7%
Q1 25
Q4 24
Q3 24
Q2 24
9.4%
Q1 24
Operating Margin
AFRI
AFRI
GCMG
GCMG
Q4 25
30.9%
Q3 25
32.7%
Q2 25
-2.5%
16.1%
Q1 25
12.2%
Q4 24
26.4%
Q3 24
20.3%
Q2 24
-0.9%
17.8%
Q1 24
-14.7%
Net Margin
AFRI
AFRI
GCMG
GCMG
Q4 25
32.8%
Q3 25
7.8%
Q2 25
-7.5%
12.9%
Q1 25
0.4%
Q4 24
4.6%
Q3 24
3.4%
Q2 24
-5.9%
4.1%
Q1 24
2.0%
EPS (diluted)
AFRI
AFRI
GCMG
GCMG
Q4 25
$0.23
Q3 25
$0.16
Q2 25
$0.05
Q1 25
$-0.02
Q4 24
$0.09
Q3 24
$0.03
Q2 24
$0.04
Q1 24
$-0.13

Balance Sheet & Financial Strength

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

Metric
AFRI
AFRI
GCMG
GCMG
Cash + ST InvestmentsLiquidity on hand
$12.2M
$242.1M
Total DebtLower is stronger
$428.4M
Stockholders' EquityBook value
$5.3M
$27.0M
Total Assets
$246.1M
$813.8M
Debt / EquityLower = less leverage
15.87×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
GCMG
GCMG
Q4 25
$242.1M
Q3 25
$182.7M
Q2 25
$12.2M
$136.3M
Q1 25
$94.5M
Q4 24
$89.5M
Q3 24
$98.4M
Q2 24
$16.4M
$73.9M
Q1 24
$41.9M
Total Debt
AFRI
AFRI
GCMG
GCMG
Q4 25
$428.4M
Q3 25
$429.3M
Q2 25
$430.2M
Q1 25
$431.1M
Q4 24
$432.0M
Q3 24
$432.9M
Q2 24
$18.4M
$433.8M
Q1 24
$384.0M
Stockholders' Equity
AFRI
AFRI
GCMG
GCMG
Q4 25
$27.0M
Q3 25
$-7.4M
Q2 25
$5.3M
$-12.3M
Q1 25
$-28.3M
Q4 24
$-27.6M
Q3 24
$-31.9M
Q2 24
$16.3M
$-28.5M
Q1 24
$-26.4M
Total Assets
AFRI
AFRI
GCMG
GCMG
Q4 25
$813.8M
Q3 25
$685.9M
Q2 25
$246.1M
$636.9M
Q1 25
$579.8M
Q4 24
$612.7M
Q3 24
$575.0M
Q2 24
$287.1M
$543.9M
Q1 24
$497.3M
Debt / Equity
AFRI
AFRI
GCMG
GCMG
Q4 25
15.87×
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
GCMG
GCMG
Operating Cash FlowLast quarter
$706.0K
$183.5M
Free Cash FlowOCF − Capex
$146.0K
$175.0M
FCF MarginFCF / Revenue
0.1%
98.8%
Capex IntensityCapex / Revenue
0.4%
4.8%
Cash ConversionOCF / Net Profit
3.16×
TTM Free Cash FlowTrailing 4 quarters
$326.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRI
AFRI
GCMG
GCMG
Q4 25
$183.5M
Q3 25
$79.8M
Q2 25
$706.0K
$42.0M
Q1 25
$33.3M
Q4 24
$148.8M
Q3 24
$69.0M
Q2 24
$10.5M
$17.5M
Q1 24
$24.2M
Free Cash Flow
AFRI
AFRI
GCMG
GCMG
Q4 25
$175.0M
Q3 25
$78.3M
Q2 25
$146.0K
$40.8M
Q1 25
$32.1M
Q4 24
$132.0M
Q3 24
$62.2M
Q2 24
$6.4M
$12.8M
Q1 24
$20.0M
FCF Margin
AFRI
AFRI
GCMG
GCMG
Q4 25
98.8%
Q3 25
58.0%
Q2 25
0.1%
34.1%
Q1 25
25.5%
Q4 24
79.9%
Q3 24
50.6%
Q2 24
4.4%
10.9%
Q1 24
18.4%
Capex Intensity
AFRI
AFRI
GCMG
GCMG
Q4 25
4.8%
Q3 25
1.1%
Q2 25
0.4%
1.0%
Q1 25
0.9%
Q4 24
10.1%
Q3 24
5.5%
Q2 24
2.8%
4.0%
Q1 24
3.9%
Cash Conversion
AFRI
AFRI
GCMG
GCMG
Q4 25
3.16×
Q3 25
7.61×
Q2 25
2.72×
Q1 25
71.84×
Q4 24
19.54×
Q3 24
16.60×
Q2 24
3.64×
Q1 24
11.40×

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%

GCMG
GCMG

Asset Management1$108.6M61%
Management Service Incentive Performance Fees$61.7M35%
Management Service Incentive Carried Interest$5.1M3%
Service Other$1.8M1%

Related Comparisons