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

NEOGENOMICS INC is the larger business by last-quarter revenue ($186.7M vs $159.7M, roughly 1.2× Forafric Global PLC). Forafric Global PLC runs the higher net margin — -7.5% vs -57.9%, a 50.3% 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.

NeoGenomics Laboratories, Inc., also known as NeoGenomics or Neo, is an American CLIA-certified clinical laboratory, pharma services and information services company that specializes in cancer genetics diagnostic testing. The company's testing services include cytogenetics, fluorescence in situ hybridization (FISH), flow cytometry, immunohistochemistry, anatomic pathology, and molecular genetics.

AFRI vs NEO — Head-to-Head

Bigger by revenue
NEO
NEO
1.2× larger
NEO
$186.7M
$159.7M
AFRI
Higher net margin
AFRI
AFRI
50.3% more per $
AFRI
-7.5%
-57.9%
NEO

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
AFRI
AFRI
NEO
NEO
Revenue
$159.7M
$186.7M
Net Profit
$-12.0M
$-108.0M
Gross Margin
10.7%
43.3%
Operating Margin
-2.5%
46.9%
Net Margin
-7.5%
-57.9%
Revenue YoY
11.1%
Net Profit YoY
42.0%
EPS (diluted)
$-0.13

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
NEO
NEO
Q1 26
$186.7M
Q4 25
$190.2M
Q3 25
$187.8M
Q2 25
$159.7M
$181.3M
Q1 25
$168.0M
Q4 24
$172.0M
Q3 24
$167.8M
Q2 24
$145.6M
$164.5M
Net Profit
AFRI
AFRI
NEO
NEO
Q1 26
$-108.0M
Q4 25
Q3 25
$-27.1M
Q2 25
$-12.0M
$-45.1M
Q1 25
$-25.9M
Q4 24
Q3 24
$-17.7M
Q2 24
$-8.6M
$-18.6M
Gross Margin
AFRI
AFRI
NEO
NEO
Q1 26
43.3%
Q4 25
43.8%
Q3 25
42.8%
Q2 25
10.7%
42.6%
Q1 25
43.6%
Q4 24
44.9%
Q3 24
44.6%
Q2 24
9.4%
44.1%
Operating Margin
AFRI
AFRI
NEO
NEO
Q1 26
46.9%
Q4 25
-7.1%
Q3 25
-14.4%
Q2 25
-2.5%
-26.3%
Q1 25
-16.6%
Q4 24
-10.7%
Q3 24
-12.6%
Q2 24
-0.9%
-13.3%
Net Margin
AFRI
AFRI
NEO
NEO
Q1 26
-57.9%
Q4 25
Q3 25
-14.4%
Q2 25
-7.5%
-24.9%
Q1 25
-15.4%
Q4 24
Q3 24
-10.5%
Q2 24
-5.9%
-11.3%
EPS (diluted)
AFRI
AFRI
NEO
NEO
Q1 26
$-0.13
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Balance Sheet & Financial Strength

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

Metric
AFRI
AFRI
NEO
NEO
Cash + ST InvestmentsLiquidity on hand
$12.2M
$146.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.3M
$828.8M
Total Assets
$246.1M
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
NEO
NEO
Q1 26
$146.1M
Q4 25
$159.6M
Q3 25
$164.1M
Q2 25
$12.2M
$154.7M
Q1 25
$346.2M
Q4 24
$367.0M
Q3 24
$362.0M
Q2 24
$16.4M
$355.1M
Total Debt
AFRI
AFRI
NEO
NEO
Q1 26
Q4 25
$341.9M
Q3 25
Q2 25
Q1 25
Q4 24
$541.1M
Q3 24
Q2 24
$18.4M
Stockholders' Equity
AFRI
AFRI
NEO
NEO
Q1 26
$828.8M
Q4 25
$836.6M
Q3 25
$838.3M
Q2 25
$5.3M
$854.0M
Q1 25
$888.3M
Q4 24
$902.3M
Q3 24
$908.2M
Q2 24
$16.3M
$915.9M
Total Assets
AFRI
AFRI
NEO
NEO
Q1 26
$1.3B
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$246.1M
$1.4B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.6B
Q2 24
$287.1M
$1.6B
Debt / Equity
AFRI
AFRI
NEO
NEO
Q1 26
Q4 25
0.41×
Q3 25
Q2 25
Q1 25
Q4 24
0.60×
Q3 24
Q2 24
1.13×

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
NEO
NEO
Operating Cash FlowLast quarter
$706.0K
$-8.1M
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
NEO
NEO
Q1 26
$-8.1M
Q4 25
$1.3M
Q3 25
$8.9M
Q2 25
$706.0K
$20.3M
Q1 25
$-25.3M
Q4 24
$9.8M
Q3 24
$9.2M
Q2 24
$10.5M
$13.9M
Free Cash Flow
AFRI
AFRI
NEO
NEO
Q1 26
Q4 25
$-6.5M
Q3 25
$570.0K
Q2 25
$146.0K
$14.0M
Q1 25
$-29.8M
Q4 24
$-1.8M
Q3 24
$-1.6M
Q2 24
$6.4M
$814.0K
FCF Margin
AFRI
AFRI
NEO
NEO
Q1 26
Q4 25
-3.4%
Q3 25
0.3%
Q2 25
0.1%
7.7%
Q1 25
-17.8%
Q4 24
-1.0%
Q3 24
-0.9%
Q2 24
4.4%
0.5%
Capex Intensity
AFRI
AFRI
NEO
NEO
Q1 26
Q4 25
4.1%
Q3 25
4.4%
Q2 25
0.4%
3.5%
Q1 25
2.7%
Q4 24
6.7%
Q3 24
6.4%
Q2 24
2.8%
8.0%

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%

NEO
NEO

Segment breakdown not available.

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