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

Forafric Global PLC is the larger business by last-quarter revenue ($159.7M vs $123.0M, roughly 1.3× Strategy Inc).

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.

Strategy Inc., formerly known as MicroStrategy, is an American company that provides business intelligence (BI) and mobile software. Founded in 1989 by Michael J. Saylor, Sanju Bansal, and Thomas Spahr, the firm develops software to analyze internal and external data in order to make business decisions and to develop mobile apps. It is a public company headquartered in Tysons Corner, Virginia, in the Washington metropolitan area. Its primary business analytics competitors include SAP SE Busin...

AFRI vs MSTR — Head-to-Head

Bigger by revenue
AFRI
AFRI
1.3× larger
AFRI
$159.7M
$123.0M
MSTR

Income Statement — Q2 FY2025 vs Q2 FY2026

Metric
AFRI
AFRI
MSTR
MSTR
Revenue
$159.7M
$123.0M
Net Profit
$-12.0M
Gross Margin
10.7%
66.1%
Operating Margin
-2.5%
Net Margin
-7.5%
Revenue YoY
1.9%
Net Profit YoY
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
MSTR
MSTR
Q4 25
$123.0M
Q3 25
$128.7M
Q2 25
$159.7M
$114.5M
Q1 25
$111.1M
Q4 24
$120.7M
Q3 24
$116.1M
Q2 24
$145.6M
$111.4M
Q1 24
$115.2M
Net Profit
AFRI
AFRI
MSTR
MSTR
Q4 25
Q3 25
$2.8B
Q2 25
$-12.0M
$10.0B
Q1 25
$-4.2B
Q4 24
$-670.8M
Q3 24
$-340.2M
Q2 24
$-8.6M
$-102.6M
Q1 24
$-53.1M
Gross Margin
AFRI
AFRI
MSTR
MSTR
Q4 25
66.1%
Q3 25
70.5%
Q2 25
10.7%
68.8%
Q1 25
69.4%
Q4 24
71.7%
Q3 24
70.4%
Q2 24
9.4%
72.2%
Q1 24
74.0%
Operating Margin
AFRI
AFRI
MSTR
MSTR
Q4 25
Q3 25
Q2 25
-2.5%
Q1 25
-5331.4%
Q4 24
-842.1%
Q3 24
-372.7%
Q2 24
-0.9%
-179.7%
Q1 24
-176.8%
Net Margin
AFRI
AFRI
MSTR
MSTR
Q4 25
Q3 25
2164.1%
Q2 25
-7.5%
8752.7%
Q1 25
-3797.2%
Q4 24
-555.8%
Q3 24
-293.1%
Q2 24
-5.9%
-92.0%
Q1 24
-46.1%
EPS (diluted)
AFRI
AFRI
MSTR
MSTR
Q4 25
Q3 25
$8.42
Q2 25
$32.60
Q1 25
$-16.49
Q4 24
$4.49
Q3 24
$-1.72
Q2 24
$-0.57
Q1 24
$-0.31

Balance Sheet & Financial Strength

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

Metric
AFRI
AFRI
MSTR
MSTR
Cash + ST InvestmentsLiquidity on hand
$12.2M
$2.3B
Total DebtLower is stronger
$8.2B
Stockholders' EquityBook value
$5.3M
$44.1B
Total Assets
$246.1M
$61.6B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
MSTR
MSTR
Q4 25
$2.3B
Q3 25
$54.3M
Q2 25
$12.2M
$50.1M
Q1 25
$60.3M
Q4 24
$38.1M
Q3 24
$46.3M
Q2 24
$16.4M
$66.9M
Q1 24
$81.3M
Total Debt
AFRI
AFRI
MSTR
MSTR
Q4 25
$8.2B
Q3 25
$8.2B
Q2 25
$8.2B
Q1 25
$8.1B
Q4 24
$7.2B
Q3 24
$4.2B
Q2 24
$18.4M
$3.8B
Q1 24
$3.6B
Stockholders' Equity
AFRI
AFRI
MSTR
MSTR
Q4 25
$44.1B
Q3 25
$52.3B
Q2 25
$5.3M
$47.5B
Q1 25
$32.2B
Q4 24
$18.2B
Q3 24
$3.8B
Q2 24
$16.3M
$2.8B
Q1 24
$2.4B
Total Assets
AFRI
AFRI
MSTR
MSTR
Q4 25
$61.6B
Q3 25
$73.6B
Q2 25
$246.1M
$64.8B
Q1 25
$43.9B
Q4 24
$25.8B
Q3 24
$8.3B
Q2 24
$287.1M
$7.1B
Q1 24
$6.4B
Debt / Equity
AFRI
AFRI
MSTR
MSTR
Q4 25
0.19×
Q3 25
0.16×
Q2 25
0.17×
Q1 25
0.25×
Q4 24
0.39×
Q3 24
1.12×
Q2 24
1.13×
1.36×
Q1 24
1.48×

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRI
AFRI
MSTR
MSTR
Q4 25
Q3 25
$-8.3M
Q2 25
$706.0K
$-34.9M
Q1 25
$-2.4M
Q4 24
$-17.3M
Q3 24
$-41.0M
Q2 24
$10.5M
$-23.3M
Q1 24
$28.6M
Free Cash Flow
AFRI
AFRI
MSTR
MSTR
Q4 25
Q3 25
$-11.1M
Q2 25
$146.0K
$-37.0M
Q1 25
$-5.1M
Q4 24
$-17.6M
Q3 24
$-41.4M
Q2 24
$6.4M
$-24.1M
Q1 24
$27.0M
FCF Margin
AFRI
AFRI
MSTR
MSTR
Q4 25
Q3 25
-8.6%
Q2 25
0.1%
-32.3%
Q1 25
-4.6%
Q4 24
-14.6%
Q3 24
-35.7%
Q2 24
4.4%
-21.6%
Q1 24
23.5%
Capex Intensity
AFRI
AFRI
MSTR
MSTR
Q4 25
Q3 25
2.2%
Q2 25
0.4%
1.8%
Q1 25
2.5%
Q4 24
0.2%
Q3 24
0.4%
Q2 24
2.8%
0.6%
Q1 24
1.3%
Cash Conversion
AFRI
AFRI
MSTR
MSTR
Q4 25
Q3 25
-0.00×
Q2 25
-0.00×
Q1 25
Q4 24
Q3 24
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%

MSTR
MSTR

Segment breakdown not available.

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