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Side-by-side financial comparison of Currenc Group Inc. (CURR) and Farmmi, Inc. (FAMI). Click either name above to swap in a different company.

Farmmi, Inc. is the larger business by last-quarter revenue ($16.1M vs $10.1M, roughly 1.6× Currenc Group Inc.). Farmmi, Inc. runs the higher net margin — -0.3% vs -46.5%, a 46.2% gap on every dollar of revenue. On growth, Currenc Group Inc. posted the faster year-over-year revenue change (-23.3% vs -55.7%). Farmmi, Inc. produced more free cash flow last quarter ($14.6M vs $-1.7M).

Farmmi Inc. is a company that processes and sells agricultural products in China and abroad; it grows and markets shiitake and wood ear mushrooms and other edible fungi products, including bamboo fungi, chestnut mushroom, trumpet royale, hen of the woods, lawyer's wig, and lion's mane mushroom. It also operates Farmmi Jicai, an online store that sells edible fungi products under the Forasen and Farmmi Liangpin brands. In addition, the company exports dried whole and sliced shiitake mushrooms,...

CURR vs FAMI — Head-to-Head

Bigger by revenue
FAMI
FAMI
1.6× larger
FAMI
$16.1M
$10.1M
CURR
Growing faster (revenue YoY)
CURR
CURR
+32.4% gap
CURR
-23.3%
-55.7%
FAMI
Higher net margin
FAMI
FAMI
46.2% more per $
FAMI
-0.3%
-46.5%
CURR
More free cash flow
FAMI
FAMI
$16.2M more FCF
FAMI
$14.6M
$-1.7M
CURR

Income Statement — Q1 FY2025 vs Q2 FY2025

Metric
CURR
CURR
FAMI
FAMI
Revenue
$10.1M
$16.1M
Net Profit
$-4.7M
$-44.0K
Gross Margin
31.8%
5.0%
Operating Margin
-43.0%
-4.1%
Net Margin
-46.5%
-0.3%
Revenue YoY
-23.3%
-55.7%
Net Profit YoY
-54.0%
-107.0%
EPS (diluted)
$-0.13
$-0.04

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
CURR
CURR
FAMI
FAMI
Q1 25
$10.1M
$16.1M
Q3 24
$11.3M
Q1 24
$13.1M
$36.4M
Q3 23
$12.7M
Net Profit
CURR
CURR
FAMI
FAMI
Q1 25
$-4.7M
$-44.0K
Q3 24
$-5.0M
Q1 24
$-3.0M
$630.5K
Q3 23
$-3.8M
Gross Margin
CURR
CURR
FAMI
FAMI
Q1 25
31.8%
5.0%
Q3 24
27.8%
Q1 24
33.6%
5.9%
Q3 23
32.5%
Operating Margin
CURR
CURR
FAMI
FAMI
Q1 25
-43.0%
-4.1%
Q3 24
-141.5%
Q1 24
-10.8%
2.5%
Q3 23
-18.2%
Net Margin
CURR
CURR
FAMI
FAMI
Q1 25
-46.5%
-0.3%
Q3 24
-44.1%
Q1 24
-23.2%
1.7%
Q3 23
-30.1%
EPS (diluted)
CURR
CURR
FAMI
FAMI
Q1 25
$-0.13
$-0.04
Q3 24
$-0.13
Q1 24
$-0.09
$1.20
Q3 23
$-0.11

Balance Sheet & Financial Strength

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

Metric
CURR
CURR
FAMI
FAMI
Cash + ST InvestmentsLiquidity on hand
$62.3M
Total DebtLower is stronger
$3.7M
Stockholders' EquityBook value
$-68.4M
$166.4M
Total Assets
$110.8M
$230.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CURR
CURR
FAMI
FAMI
Q1 25
$62.3M
Q3 24
$49.1M
Q1 24
Q3 23
Total Debt
CURR
CURR
FAMI
FAMI
Q1 25
$3.7M
Q3 24
$20.1M
Q1 24
Q3 23
Stockholders' Equity
CURR
CURR
FAMI
FAMI
Q1 25
$-68.4M
$166.4M
Q3 24
$-47.0M
Q1 24
$-10.9M
$164.4M
Q3 23
$-10.2M
Total Assets
CURR
CURR
FAMI
FAMI
Q1 25
$110.8M
$230.4M
Q3 24
$115.0M
Q1 24
$54.5M
$171.9M
Q3 23
$82.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CURR
CURR
FAMI
FAMI
Operating Cash FlowLast quarter
$-1.5M
$14.6M
Free Cash FlowOCF − Capex
$-1.7M
$14.6M
FCF MarginFCF / Revenue
-16.5%
90.1%
Capex IntensityCapex / Revenue
1.7%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CURR
CURR
FAMI
FAMI
Q1 25
$-1.5M
$14.6M
Q3 24
$-11.3M
Q1 24
$-221.0K
$-14.9M
Q3 23
$-10.5M
Free Cash Flow
CURR
CURR
FAMI
FAMI
Q1 25
$-1.7M
$14.6M
Q3 24
Q1 24
$-233.0K
Q3 23
FCF Margin
CURR
CURR
FAMI
FAMI
Q1 25
-16.5%
90.1%
Q3 24
Q1 24
-1.8%
Q3 23
Capex Intensity
CURR
CURR
FAMI
FAMI
Q1 25
1.7%
0.1%
Q3 24
Q1 24
0.1%
0.0%
Q3 23
Cash Conversion
CURR
CURR
FAMI
FAMI
Q1 25
Q3 24
Q1 24
-23.63×
Q3 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CURR
CURR

Sales Of Airtime$5.5M54%
Fiat Remittance Service$4.4M44%

FAMI
FAMI

Segment breakdown not available.

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