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Side-by-side financial comparison of Forafric Global PLC (AFRI) and UNITED STATES LIME & MINERALS INC (USLM). Click either name above to swap in a different company.

Forafric Global PLC is the larger business by last-quarter revenue ($159.7M vs $87.9M, roughly 1.8× UNITED STATES LIME & MINERALS INC). UNITED STATES LIME & MINERALS INC runs the higher net margin — 34.7% vs -7.5%, a 42.3% gap on every dollar of revenue. UNITED STATES LIME & MINERALS INC produced more free cash flow last quarter ($25.7M 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.

United States Lime & Minerals Inc is a leading US-based natural resources enterprise that produces high-calcium lime, dolomitic lime, limestone and related mineral products. Its core client segments cover infrastructure construction, steel manufacturing, agricultural soil amendment, environmental emission control and industrial processing, serving customers across North America.

AFRI vs USLM — Head-to-Head

Bigger by revenue
AFRI
AFRI
1.8× larger
AFRI
$159.7M
$87.9M
USLM
Higher net margin
USLM
USLM
42.3% more per $
USLM
34.7%
-7.5%
AFRI
More free cash flow
USLM
USLM
$25.5M more FCF
USLM
$25.7M
$146.0K
AFRI

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AFRI
AFRI
USLM
USLM
Revenue
$159.7M
$87.9M
Net Profit
$-12.0M
$30.5M
Gross Margin
10.7%
48.0%
Operating Margin
-2.5%
41.0%
Net Margin
-7.5%
34.7%
Revenue YoY
9.8%
Net Profit YoY
13.2%
EPS (diluted)
$1.06

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
USLM
USLM
Q4 25
$87.9M
Q3 25
$102.0M
Q2 25
$159.7M
$91.5M
Q1 25
$91.3M
Q4 24
$80.1M
Q3 24
$89.4M
Q2 24
$145.6M
$76.5M
Q1 24
$71.7M
Net Profit
AFRI
AFRI
USLM
USLM
Q4 25
$30.5M
Q3 25
$38.8M
Q2 25
$-12.0M
$30.8M
Q1 25
$34.1M
Q4 24
$27.0M
Q3 24
$33.4M
Q2 24
$-8.6M
$26.1M
Q1 24
$22.4M
Gross Margin
AFRI
AFRI
USLM
USLM
Q4 25
48.0%
Q3 25
51.2%
Q2 25
10.7%
45.8%
Q1 25
50.6%
Q4 24
44.3%
Q3 24
48.2%
Q2 24
9.4%
45.5%
Q1 24
42.7%
Operating Margin
AFRI
AFRI
USLM
USLM
Q4 25
41.0%
Q3 25
45.3%
Q2 25
-2.5%
39.0%
Q1 25
43.7%
Q4 24
38.8%
Q3 24
42.6%
Q2 24
-0.9%
39.1%
Q1 24
35.9%
Net Margin
AFRI
AFRI
USLM
USLM
Q4 25
34.7%
Q3 25
38.0%
Q2 25
-7.5%
33.7%
Q1 25
37.4%
Q4 24
33.7%
Q3 24
37.3%
Q2 24
-5.9%
34.0%
Q1 24
31.3%
EPS (diluted)
AFRI
AFRI
USLM
USLM
Q4 25
$1.06
Q3 25
$1.35
Q2 25
$1.07
Q1 25
$1.19
Q4 24
$-2.20
Q3 24
$1.16
Q2 24
$0.91
Q1 24
$3.92

Balance Sheet & Financial Strength

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

Metric
AFRI
AFRI
USLM
USLM
Cash + ST InvestmentsLiquidity on hand
$12.2M
$371.1M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$5.3M
$630.8M
Total Assets
$246.1M
$681.0M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
USLM
USLM
Q4 25
$371.1M
Q3 25
$349.5M
Q2 25
$12.2M
$319.9M
Q1 25
$300.6M
Q4 24
$278.0M
Q3 24
$255.0M
Q2 24
$16.4M
$222.5M
Q1 24
$207.0M
Total Debt
AFRI
AFRI
USLM
USLM
Q4 25
$0
Q3 25
$0
Q2 25
$0
Q1 25
$0
Q4 24
$0
Q3 24
$0
Q2 24
$18.4M
$0
Q1 24
$0
Stockholders' Equity
AFRI
AFRI
USLM
USLM
Q4 25
$630.8M
Q3 25
$602.3M
Q2 25
$5.3M
$563.3M
Q1 25
$532.2M
Q4 24
$497.7M
Q3 24
$474.2M
Q2 24
$16.3M
$441.1M
Q1 24
$415.3M
Total Assets
AFRI
AFRI
USLM
USLM
Q4 25
$681.0M
Q3 25
$652.8M
Q2 25
$246.1M
$607.4M
Q1 25
$585.3M
Q4 24
$543.2M
Q3 24
$521.8M
Q2 24
$287.1M
$484.2M
Q1 24
$464.0M
Debt / Equity
AFRI
AFRI
USLM
USLM
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
1.13×
0.00×
Q1 24
0.00×

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
USLM
USLM
Operating Cash FlowLast quarter
$706.0K
$45.6M
Free Cash FlowOCF − Capex
$146.0K
$25.7M
FCF MarginFCF / Revenue
0.1%
29.2%
Capex IntensityCapex / Revenue
0.4%
22.6%
Cash ConversionOCF / Net Profit
1.49×
TTM Free Cash FlowTrailing 4 quarters
$102.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRI
AFRI
USLM
USLM
Q4 25
$45.6M
Q3 25
$45.9M
Q2 25
$706.0K
$34.0M
Q1 25
$39.4M
Q4 24
$38.6M
Q3 24
$39.0M
Q2 24
$10.5M
$21.2M
Q1 24
$27.2M
Free Cash Flow
AFRI
AFRI
USLM
USLM
Q4 25
$25.7M
Q3 25
$31.3M
Q2 25
$146.0K
$20.8M
Q1 25
$24.6M
Q4 24
$27.6M
Q3 24
$33.9M
Q2 24
$6.4M
$16.8M
Q1 24
$20.3M
FCF Margin
AFRI
AFRI
USLM
USLM
Q4 25
29.2%
Q3 25
30.7%
Q2 25
0.1%
22.7%
Q1 25
26.9%
Q4 24
34.4%
Q3 24
37.9%
Q2 24
4.4%
21.9%
Q1 24
28.4%
Capex Intensity
AFRI
AFRI
USLM
USLM
Q4 25
22.6%
Q3 25
14.4%
Q2 25
0.4%
14.5%
Q1 25
16.3%
Q4 24
13.8%
Q3 24
5.8%
Q2 24
2.8%
5.7%
Q1 24
9.5%
Cash Conversion
AFRI
AFRI
USLM
USLM
Q4 25
1.49×
Q3 25
1.18×
Q2 25
1.10×
Q1 25
1.16×
Q4 24
1.43×
Q3 24
1.17×
Q2 24
0.81×
Q1 24
1.21×

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%

USLM
USLM

Segment breakdown not available.

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