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Side-by-side financial comparison of Forafric Global PLC (AFRI) and Magnolia Oil & Gas Corp (MGY). Click either name above to swap in a different company.

Magnolia Oil & Gas Corp is the larger business by last-quarter revenue ($317.6M vs $159.7M, roughly 2.0× Forafric Global PLC). Magnolia Oil & Gas Corp runs the higher net margin — 21.6% vs -7.5%, a 29.2% gap on every dollar of revenue.

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.

Imperial Oil Limited is a Canadian petroleum company. It is Canada's second-largest integrated oil company that is also occasionally known as Imperial Esso. It is majority-owned by American oil company ExxonMobil, with a 69.6% ownership stake in the company. It is a producer of crude oil, diluted bitumen, and natural gas. Imperial Oil is one of Canada's major petroleum refiners and petrochemical producers. It supplies Esso-brand service stations.

AFRI vs MGY — Head-to-Head

Bigger by revenue
MGY
MGY
2.0× larger
MGY
$317.6M
$159.7M
AFRI
Higher net margin
MGY
MGY
29.2% more per $
MGY
21.6%
-7.5%
AFRI

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AFRI
AFRI
MGY
MGY
Revenue
$159.7M
$317.6M
Net Profit
$-12.0M
$68.8M
Gross Margin
10.7%
Operating Margin
-2.5%
29.6%
Net Margin
-7.5%
21.6%
Revenue YoY
-2.7%
Net Profit YoY
-19.7%
EPS (diluted)

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
MGY
MGY
Q4 25
$317.6M
Q3 25
$324.9M
Q2 25
$159.7M
$319.0M
Q1 25
$350.3M
Q4 24
$326.6M
Q3 24
$333.1M
Q2 24
$145.6M
$336.7M
Q1 24
$319.4M
Net Profit
AFRI
AFRI
MGY
MGY
Q4 25
$68.8M
Q3 25
$75.5M
Q2 25
$-12.0M
$78.1M
Q1 25
$102.9M
Q4 24
$85.6M
Q3 24
$99.8M
Q2 24
$-8.6M
$95.6M
Q1 24
$85.1M
Gross Margin
AFRI
AFRI
MGY
MGY
Q4 25
Q3 25
Q2 25
10.7%
Q1 25
Q4 24
Q3 24
Q2 24
9.4%
Q1 24
Operating Margin
AFRI
AFRI
MGY
MGY
Q4 25
29.6%
Q3 25
31.2%
Q2 25
-2.5%
33.8%
Q1 25
38.8%
Q4 24
38.0%
Q3 24
38.7%
Q2 24
-0.9%
39.9%
Q1 24
39.0%
Net Margin
AFRI
AFRI
MGY
MGY
Q4 25
21.6%
Q3 25
23.2%
Q2 25
-7.5%
24.5%
Q1 25
29.4%
Q4 24
26.2%
Q3 24
30.0%
Q2 24
-5.9%
28.4%
Q1 24
26.6%

Balance Sheet & Financial Strength

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

Metric
AFRI
AFRI
MGY
MGY
Cash + ST InvestmentsLiquidity on hand
$12.2M
$266.8M
Total DebtLower is stronger
$393.3M
Stockholders' EquityBook value
$5.3M
$2.0B
Total Assets
$246.1M
$2.9B
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
MGY
MGY
Q4 25
$266.8M
Q3 25
$280.5M
Q2 25
$12.2M
$251.8M
Q1 25
$247.6M
Q4 24
$260.0M
Q3 24
$276.1M
Q2 24
$16.4M
$275.7M
Q1 24
$399.3M
Total Debt
AFRI
AFRI
MGY
MGY
Q4 25
$393.3M
Q3 25
$393.1M
Q2 25
$392.9M
Q1 25
$392.7M
Q4 24
$392.5M
Q3 24
$394.8M
Q2 24
$18.4M
$394.1M
Q1 24
$393.5M
Stockholders' Equity
AFRI
AFRI
MGY
MGY
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$5.3M
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$16.3M
$1.9B
Q1 24
$1.9B
Total Assets
AFRI
AFRI
MGY
MGY
Q4 25
$2.9B
Q3 25
$2.9B
Q2 25
$246.1M
$2.9B
Q1 25
$2.9B
Q4 24
$2.8B
Q3 24
$2.8B
Q2 24
$287.1M
$2.8B
Q1 24
$2.8B
Debt / Equity
AFRI
AFRI
MGY
MGY
Q4 25
0.20×
Q3 25
0.20×
Q2 25
0.20×
Q1 25
0.20×
Q4 24
0.20×
Q3 24
0.20×
Q2 24
1.13×
0.21×
Q1 24
0.21×

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
MGY
MGY
Operating Cash FlowLast quarter
$706.0K
$208.4M
Free Cash FlowOCF − Capex
$146.0K
FCF MarginFCF / Revenue
0.1%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
3.03×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRI
AFRI
MGY
MGY
Q4 25
$208.4M
Q3 25
$247.1M
Q2 25
$706.0K
$198.7M
Q1 25
$224.5M
Q4 24
$222.6M
Q3 24
$217.9M
Q2 24
$10.5M
$269.4M
Q1 24
$210.9M
Free Cash Flow
AFRI
AFRI
MGY
MGY
Q4 25
Q3 25
Q2 25
$146.0K
Q1 25
Q4 24
Q3 24
Q2 24
$6.4M
Q1 24
FCF Margin
AFRI
AFRI
MGY
MGY
Q4 25
Q3 25
Q2 25
0.1%
Q1 25
Q4 24
Q3 24
Q2 24
4.4%
Q1 24
Capex Intensity
AFRI
AFRI
MGY
MGY
Q4 25
Q3 25
Q2 25
0.4%
Q1 25
Q4 24
Q3 24
Q2 24
2.8%
Q1 24
Cash Conversion
AFRI
AFRI
MGY
MGY
Q4 25
3.03×
Q3 25
3.27×
Q2 25
2.54×
Q1 25
2.18×
Q4 24
2.60×
Q3 24
2.18×
Q2 24
2.82×
Q1 24
2.48×

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%

MGY
MGY

Oil And Condensate$215.6M68%
Natural Gas Reserves$52.9M17%
Natural Gas Liquids Reserves$49.1M15%

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