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

Forafric Global PLC is the larger business by last-quarter revenue ($159.7M vs $126.0M, roughly 1.3× Grindr Inc.). Grindr Inc. runs the higher net margin — 16.1% vs -7.5%, a 23.6% gap on every dollar of revenue. Grindr Inc. produced more free cash flow last quarter ($24.5M 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.

Grindr is a location-based social networking and online hookup application for LGBTQ people.

AFRI vs GRND — Head-to-Head

Bigger by revenue
AFRI
AFRI
1.3× larger
AFRI
$159.7M
$126.0M
GRND
Higher net margin
GRND
GRND
23.6% more per $
GRND
16.1%
-7.5%
AFRI
More free cash flow
GRND
GRND
$24.4M more FCF
GRND
$24.5M
$146.0K
AFRI

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AFRI
AFRI
GRND
GRND
Revenue
$159.7M
$126.0M
Net Profit
$-12.0M
$20.3M
Gross Margin
10.7%
Operating Margin
-2.5%
24.9%
Net Margin
-7.5%
16.1%
Revenue YoY
29.0%
Net Profit YoY
116.4%
EPS (diluted)
$0.10

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
GRND
GRND
Q4 25
$126.0M
Q3 25
$115.8M
Q2 25
$159.7M
$104.2M
Q1 25
$93.9M
Q4 24
$97.6M
Q3 24
$89.3M
Q2 24
$145.6M
$82.3M
Q1 24
$75.3M
Net Profit
AFRI
AFRI
GRND
GRND
Q4 25
$20.3M
Q3 25
$30.8M
Q2 25
$-12.0M
$16.6M
Q1 25
$27.0M
Q4 24
$-123.9M
Q3 24
$24.7M
Q2 24
$-8.6M
$-22.4M
Q1 24
$-9.4M
Gross Margin
AFRI
AFRI
GRND
GRND
Q4 25
Q3 25
Q2 25
10.7%
Q1 25
Q4 24
Q3 24
Q2 24
9.4%
Q1 24
Operating Margin
AFRI
AFRI
GRND
GRND
Q4 25
24.9%
Q3 25
39.1%
Q2 25
-2.5%
23.4%
Q1 25
27.0%
Q4 24
20.9%
Q3 24
31.8%
Q2 24
-0.9%
29.8%
Q1 24
25.6%
Net Margin
AFRI
AFRI
GRND
GRND
Q4 25
16.1%
Q3 25
26.6%
Q2 25
-7.5%
16.0%
Q1 25
28.8%
Q4 24
-126.9%
Q3 24
27.6%
Q2 24
-5.9%
-27.2%
Q1 24
-12.5%
EPS (diluted)
AFRI
AFRI
GRND
GRND
Q4 25
$0.10
Q3 25
$0.16
Q2 25
$0.08
Q1 25
$0.09
Q4 24
$-0.65
Q3 24
$0.09
Q2 24
$-0.13
Q1 24
$-0.05

Balance Sheet & Financial Strength

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

Metric
AFRI
AFRI
GRND
GRND
Cash + ST InvestmentsLiquidity on hand
$12.2M
$87.0M
Total DebtLower is stronger
$395.9M
Stockholders' EquityBook value
$5.3M
$47.0M
Total Assets
$246.1M
$531.0M
Debt / EquityLower = less leverage
8.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
GRND
GRND
Q4 25
$87.0M
Q3 25
$6.3M
Q2 25
$12.2M
$120.8M
Q1 25
$255.9M
Q4 24
$59.2M
Q3 24
$39.1M
Q2 24
$16.4M
$16.3M
Q1 24
$21.5M
Total Debt
AFRI
AFRI
GRND
GRND
Q4 25
$395.9M
Q3 25
$279.9M
Q2 25
$283.5M
Q1 25
$287.0M
Q4 24
$290.6M
Q3 24
$294.1M
Q2 24
$18.4M
$297.7M
Q1 24
$315.0M
Stockholders' Equity
AFRI
AFRI
GRND
GRND
Q4 25
$47.0M
Q3 25
$71.0M
Q2 25
$5.3M
$187.7M
Q1 25
$319.8M
Q4 24
$-131.6M
Q3 24
$-13.4M
Q2 24
$16.3M
$-41.7M
Q1 24
$-22.0M
Total Assets
AFRI
AFRI
GRND
GRND
Q4 25
$531.0M
Q3 25
$439.2M
Q2 25
$246.1M
$547.6M
Q1 25
$679.4M
Q4 24
$479.1M
Q3 24
$456.3M
Q2 24
$287.1M
$435.0M
Q1 24
$437.7M
Debt / Equity
AFRI
AFRI
GRND
GRND
Q4 25
8.42×
Q3 25
3.94×
Q2 25
1.51×
Q1 25
0.90×
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
GRND
GRND
Operating Cash FlowLast quarter
$706.0K
$24.8M
Free Cash FlowOCF − Capex
$146.0K
$24.5M
FCF MarginFCF / Revenue
0.1%
19.5%
Capex IntensityCapex / Revenue
0.4%
0.2%
Cash ConversionOCF / Net Profit
1.22×
TTM Free Cash FlowTrailing 4 quarters
$140.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRI
AFRI
GRND
GRND
Q4 25
$24.8M
Q3 25
$55.4M
Q2 25
$706.0K
$37.5M
Q1 25
$23.8M
Q4 24
$29.5M
Q3 24
$29.1M
Q2 24
$10.5M
$15.8M
Q1 24
$20.4M
Free Cash Flow
AFRI
AFRI
GRND
GRND
Q4 25
$24.5M
Q3 25
$55.2M
Q2 25
$146.0K
$37.3M
Q1 25
$23.7M
Q4 24
$29.3M
Q3 24
$28.8M
Q2 24
$6.4M
$15.7M
Q1 24
$20.3M
FCF Margin
AFRI
AFRI
GRND
GRND
Q4 25
19.5%
Q3 25
47.7%
Q2 25
0.1%
35.8%
Q1 25
25.2%
Q4 24
30.0%
Q3 24
32.2%
Q2 24
4.4%
19.0%
Q1 24
26.9%
Capex Intensity
AFRI
AFRI
GRND
GRND
Q4 25
0.2%
Q3 25
0.2%
Q2 25
0.4%
0.2%
Q1 25
0.1%
Q4 24
0.3%
Q3 24
0.4%
Q2 24
2.8%
0.2%
Q1 24
0.3%
Cash Conversion
AFRI
AFRI
GRND
GRND
Q4 25
1.22×
Q3 25
1.80×
Q2 25
2.25×
Q1 25
0.88×
Q4 24
Q3 24
1.18×
Q2 24
Q1 24

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%

GRND
GRND

License And Service$102.9M82%
Advertising$23.1M18%

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