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

Forafric Global PLC is the larger business by last-quarter revenue ($159.7M vs $125.2M, roughly 1.3× IMAX CORP). IMAX CORP runs the higher net margin — 0.5% vs -7.5%, a 8.1% gap on every dollar of revenue. IMAX CORP produced more free cash flow last quarter ($28.0M 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.

IMAX Corporation is a Canadian production theatre company which designs and manufactures IMAX cameras and projection systems as well as performing film development, production, post-production and distribution to IMAX-affiliated theatres worldwide. Founded in Montreal in 1967, it has headquarters in the Toronto area, and operations in New York City and Los Angeles.

AFRI vs IMAX — Head-to-Head

Bigger by revenue
AFRI
AFRI
1.3× larger
AFRI
$159.7M
$125.2M
IMAX
Higher net margin
IMAX
IMAX
8.1% more per $
IMAX
0.5%
-7.5%
AFRI
More free cash flow
IMAX
IMAX
$27.8M more FCF
IMAX
$28.0M
$146.0K
AFRI

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AFRI
AFRI
IMAX
IMAX
Revenue
$159.7M
$125.2M
Net Profit
$-12.0M
$637.0K
Gross Margin
10.7%
57.6%
Operating Margin
-2.5%
19.3%
Net Margin
-7.5%
0.5%
Revenue YoY
35.1%
Net Profit YoY
-88.0%
EPS (diluted)
$0.02

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
IMAX
IMAX
Q4 25
$125.2M
Q3 25
$106.7M
Q2 25
$159.7M
$91.7M
Q1 25
$86.7M
Q4 24
$92.7M
Q3 24
$91.5M
Q2 24
$145.6M
$89.0M
Q1 24
$79.1M
Net Profit
AFRI
AFRI
IMAX
IMAX
Q4 25
$637.0K
Q3 25
$20.7M
Q2 25
$-12.0M
$11.3M
Q1 25
$2.3M
Q4 24
$5.3M
Q3 24
$13.9M
Q2 24
$-8.6M
$3.6M
Q1 24
$3.3M
Gross Margin
AFRI
AFRI
IMAX
IMAX
Q4 25
57.6%
Q3 25
63.1%
Q2 25
10.7%
58.5%
Q1 25
61.4%
Q4 24
52.2%
Q3 24
55.8%
Q2 24
9.4%
49.4%
Q1 24
59.3%
Operating Margin
AFRI
AFRI
IMAX
IMAX
Q4 25
19.3%
Q3 25
27.2%
Q2 25
-2.5%
15.6%
Q1 25
19.3%
Q4 24
10.3%
Q3 24
21.2%
Q2 24
-0.9%
3.2%
Q1 24
15.3%
Net Margin
AFRI
AFRI
IMAX
IMAX
Q4 25
0.5%
Q3 25
19.4%
Q2 25
-7.5%
12.3%
Q1 25
2.7%
Q4 24
5.7%
Q3 24
15.2%
Q2 24
-5.9%
4.0%
Q1 24
4.1%
EPS (diluted)
AFRI
AFRI
IMAX
IMAX
Q4 25
$0.02
Q3 25
$0.37
Q2 25
$0.20
Q1 25
$0.04
Q4 24
$0.09
Q3 24
$0.26
Q2 24
$0.07
Q1 24
$0.06

Balance Sheet & Financial Strength

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

Metric
AFRI
AFRI
IMAX
IMAX
Cash + ST InvestmentsLiquidity on hand
$12.2M
$151.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.3M
$337.9M
Total Assets
$246.1M
$894.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
IMAX
IMAX
Q4 25
$151.2M
Q3 25
$143.1M
Q2 25
$12.2M
$109.3M
Q1 25
$97.1M
Q4 24
$100.6M
Q3 24
$104.5M
Q2 24
$16.4M
$91.6M
Q1 24
$81.0M
Total Debt
AFRI
AFRI
IMAX
IMAX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$18.4M
Q1 24
Stockholders' Equity
AFRI
AFRI
IMAX
IMAX
Q4 25
$337.9M
Q3 25
$349.5M
Q2 25
$5.3M
$320.4M
Q1 25
$299.5M
Q4 24
$299.5M
Q3 24
$289.4M
Q2 24
$16.3M
$267.2M
Q1 24
$258.8M
Total Assets
AFRI
AFRI
IMAX
IMAX
Q4 25
$894.0M
Q3 25
$889.6M
Q2 25
$246.1M
$868.6M
Q1 25
$848.3M
Q4 24
$830.4M
Q3 24
$847.6M
Q2 24
$287.1M
$827.4M
Q1 24
$824.1M
Debt / Equity
AFRI
AFRI
IMAX
IMAX
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
IMAX
IMAX
Operating Cash FlowLast quarter
$706.0K
$29.4M
Free Cash FlowOCF − Capex
$146.0K
$28.0M
FCF MarginFCF / Revenue
0.1%
22.3%
Capex IntensityCapex / Revenue
0.4%
1.1%
Cash ConversionOCF / Net Profit
46.11×
TTM Free Cash FlowTrailing 4 quarters
$118.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRI
AFRI
IMAX
IMAX
Q4 25
$29.4M
Q3 25
$67.5M
Q2 25
$706.0K
$23.2M
Q1 25
$7.0M
Q4 24
$11.5M
Q3 24
$35.3M
Q2 24
$10.5M
$35.0M
Q1 24
$-11.0M
Free Cash Flow
AFRI
AFRI
IMAX
IMAX
Q4 25
$28.0M
Q3 25
$64.8M
Q2 25
$146.0K
$20.9M
Q1 25
$5.3M
Q4 24
$6.9M
Q3 24
$34.2M
Q2 24
$6.4M
$33.5M
Q1 24
$-12.1M
FCF Margin
AFRI
AFRI
IMAX
IMAX
Q4 25
22.3%
Q3 25
60.7%
Q2 25
0.1%
22.8%
Q1 25
6.1%
Q4 24
7.4%
Q3 24
37.3%
Q2 24
4.4%
37.6%
Q1 24
-15.3%
Capex Intensity
AFRI
AFRI
IMAX
IMAX
Q4 25
1.1%
Q3 25
2.6%
Q2 25
0.4%
2.6%
Q1 25
1.9%
Q4 24
5.0%
Q3 24
1.2%
Q2 24
2.8%
1.8%
Q1 24
1.4%
Cash Conversion
AFRI
AFRI
IMAX
IMAX
Q4 25
46.11×
Q3 25
3.27×
Q2 25
2.06×
Q1 25
2.99×
Q4 24
2.16×
Q3 24
2.54×
Q2 24
9.78×
Q1 24
-3.35×

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%

IMAX
IMAX

Technology Sales$46.6M37%
Image Enhancement And Maintenance Services$38.1M30%
Joint Revenue Sharing Arrangement$20.4M16%
Maintenance$16.3M13%
Finance Income$2.8M2%
Other Content Solutions$1.6M1%

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