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Side-by-side financial comparison of Forafric Global PLC (AFRI) and GENCO SHIPPING & TRADING LTD (GNK). Click either name above to swap in a different company.

Forafric Global PLC is the larger business by last-quarter revenue ($159.7M vs $109.9M, roughly 1.5× GENCO SHIPPING & TRADING LTD). GENCO SHIPPING & TRADING LTD runs the higher net margin — 14.0% vs -7.5%, a 21.6% gap on every dollar of revenue. GENCO SHIPPING & TRADING LTD produced more free cash flow last quarter ($15.6M 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.

Genco Shipping & Trading Ltd is a global dry bulk shipping enterprise that operates a diversified fleet of bulk carriers, transporting essential commodities including iron ore, coal, grain, and steel products across major international trade routes, serving industrial, manufacturing, and commodity trading clients worldwide.

AFRI vs GNK — Head-to-Head

Bigger by revenue
AFRI
AFRI
1.5× larger
AFRI
$159.7M
$109.9M
GNK
Higher net margin
GNK
GNK
21.6% more per $
GNK
14.0%
-7.5%
AFRI
More free cash flow
GNK
GNK
$15.5M more FCF
GNK
$15.6M
$146.0K
AFRI

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AFRI
AFRI
GNK
GNK
Revenue
$159.7M
$109.9M
Net Profit
$-12.0M
$15.4M
Gross Margin
10.7%
Operating Margin
-2.5%
17.3%
Net Margin
-7.5%
14.0%
Revenue YoY
10.8%
Net Profit YoY
21.6%
EPS (diluted)
$0.36

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
GNK
GNK
Q4 25
$109.9M
Q3 25
$79.9M
Q2 25
$159.7M
$80.9M
Q1 25
$71.3M
Q4 24
$99.2M
Q3 24
$99.3M
Q2 24
$145.6M
$107.0M
Q1 24
$117.4M
Net Profit
AFRI
AFRI
GNK
GNK
Q4 25
$15.4M
Q3 25
$-1.1M
Q2 25
$-12.0M
$-6.8M
Q1 25
$-11.9M
Q4 24
$12.7M
Q3 24
$21.5M
Q2 24
$-8.6M
$23.5M
Q1 24
$18.8M
Gross Margin
AFRI
AFRI
GNK
GNK
Q4 25
Q3 25
Q2 25
10.7%
Q1 25
Q4 24
Q3 24
Q2 24
9.4%
Q1 24
Operating Margin
AFRI
AFRI
GNK
GNK
Q4 25
17.3%
Q3 25
3.1%
Q2 25
-2.5%
-5.3%
Q1 25
-13.7%
Q4 24
14.7%
Q3 24
24.2%
Q2 24
-0.9%
24.6%
Q1 24
18.8%
Net Margin
AFRI
AFRI
GNK
GNK
Q4 25
14.0%
Q3 25
-1.3%
Q2 25
-7.5%
-8.4%
Q1 25
-16.7%
Q4 24
12.8%
Q3 24
21.6%
Q2 24
-5.9%
21.9%
Q1 24
16.0%
EPS (diluted)
AFRI
AFRI
GNK
GNK
Q4 25
$0.36
Q3 25
$-0.02
Q2 25
$-0.16
Q1 25
$-0.28
Q4 24
$0.29
Q3 24
$0.49
Q2 24
$0.54
Q1 24
$0.43

Balance Sheet & Financial Strength

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

Metric
AFRI
AFRI
GNK
GNK
Cash + ST InvestmentsLiquidity on hand
$12.2M
$55.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.3M
$896.5M
Total Assets
$246.1M
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
GNK
GNK
Q4 25
$55.5M
Q3 25
$90.0M
Q2 25
$12.2M
$35.4M
Q1 25
$30.2M
Q4 24
$43.7M
Q3 24
$46.7M
Q2 24
$16.4M
$42.0M
Q1 24
$48.4M
Total Debt
AFRI
AFRI
GNK
GNK
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$18.4M
Q1 24
Stockholders' Equity
AFRI
AFRI
GNK
GNK
Q4 25
$896.5M
Q3 25
$885.9M
Q2 25
$5.3M
$891.6M
Q1 25
$903.2M
Q4 24
$926.7M
Q3 24
$929.9M
Q2 24
$16.3M
$921.8M
Q1 24
$915.1M
Total Assets
AFRI
AFRI
GNK
GNK
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$246.1M
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$1.0B
Q2 24
$287.1M
$1.1B
Q1 24
$1.1B
Debt / Equity
AFRI
AFRI
GNK
GNK
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
GNK
GNK
Operating Cash FlowLast quarter
$706.0K
$15.9M
Free Cash FlowOCF − Capex
$146.0K
$15.6M
FCF MarginFCF / Revenue
0.1%
14.2%
Capex IntensityCapex / Revenue
0.4%
0.3%
Cash ConversionOCF / Net Profit
1.03×
TTM Free Cash FlowTrailing 4 quarters
$28.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRI
AFRI
GNK
GNK
Q4 25
$15.9M
Q3 25
$7.7M
Q2 25
$706.0K
$5.4M
Q1 25
$2.9M
Q4 24
$30.0M
Q3 24
$35.6M
Q2 24
$10.5M
$29.0M
Q1 24
$32.3M
Free Cash Flow
AFRI
AFRI
GNK
GNK
Q4 25
$15.6M
Q3 25
$6.5M
Q2 25
$146.0K
$4.3M
Q1 25
$2.3M
Q4 24
$29.3M
Q3 24
$34.7M
Q2 24
$6.4M
$27.9M
Q1 24
$32.0M
FCF Margin
AFRI
AFRI
GNK
GNK
Q4 25
14.2%
Q3 25
8.2%
Q2 25
0.1%
5.3%
Q1 25
3.2%
Q4 24
29.5%
Q3 24
34.9%
Q2 24
4.4%
26.1%
Q1 24
27.3%
Capex Intensity
AFRI
AFRI
GNK
GNK
Q4 25
0.3%
Q3 25
1.5%
Q2 25
0.4%
1.3%
Q1 25
0.9%
Q4 24
0.7%
Q3 24
0.9%
Q2 24
2.8%
1.1%
Q1 24
0.2%
Cash Conversion
AFRI
AFRI
GNK
GNK
Q4 25
1.03×
Q3 25
Q2 25
Q1 25
Q4 24
2.37×
Q3 24
1.66×
Q2 24
1.24×
Q1 24
1.72×

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%

GNK
GNK

Segment breakdown not available.

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