Forafric Global PLC (AFRI)
$
7.83
-0.03 (-0.38%)
Key metrics
Financial statements
Free cash flow per share
0.7968
Market cap
209.8 Million
Price to sales ratio
0.8559
Debt to equity
-99.2050
Current ratio
0.3734
Income quality
-1.6698
Average inventory
21.9 Million
ROE
-1.4826
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco and Sub-Saharan Africa. The EBITDA is -$2,824,000.00 a key indicator of the company's operational profitability. The company recorded a notable revenue of $274,223,000.00 showcasing its steady growth. Additionally, the operating expenses amount to $35,093,000.00 encompassing various operational costs incurred. The financial data pertains to the fiscal year 2024 and the company reported an income before tax of -$21,682,000.00 showcasing its pre-tax profitability. It offers flour and semolina, as well as secondary processing products such as pasta and couscous under the Tria and MayMouna brands, serving wholesale foods manufacturers and distributors. Furthermore, the company exports its products to approximately 45 countries and is headquartered in Gibraltar. The stock is affordable at $7.86 suitable for budget-conscious investors. It holds a market capitalization of $210,639,528.00 classifying the company as a small-cap player within the Agricultural Farm Products industry, which is a key sector contributing significantly to the overall market landscape. The stock has a low average trading volume of 16,233.00 indicating lower market activity. It belongs to the Consumer Defensive sector, driving innovation and growth, which enhances its appeal to potential investors looking for opportunities in a robust market. Overall, Forafric Global PLC remains a dynamic entity within its field, leveraging its operational strategies and market position to sustain growth and profitability.
Is Forafric Global PLC (AFRI) a good investment?
Investing in Forafric Global PLC (AFRI) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as D+, with a Bullish outlook. Always conduct your own research before investing.
What is Forafric Global PLC (AFRI)'s stock forecast?
Analysts predict Forafric Global PLC stock to fluctuate between $7.53 (low) and $12 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Forafric Global PLC's market capitalization?
As of 2025-06-06, Forafric Global PLC's market cap is $210,639,528, based on 26,901,600 outstanding shares.
How does Forafric Global PLC compare to competitors like Meta Platforms, Inc. Class A Common Stock?
Compared to Meta Platforms, Inc. Class A Common Stock, Forafric Global PLC has a Lower Market-Cap, indicating a difference in performance.
How can I buy Forafric Global PLC (AFRI) stock?
To buy Forafric Global PLC (AFRI) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for AFRI. Place an order (Market, Limit, etc.).
What is the best time to invest in Forafric Global PLC?
The best time to invest depends on market trends and technical indicators, which show a Bullish trend based on economic conditions and company performance.
How did Forafric Global PLC perform in the last earnings report?
Revenue: $274,223,000 | EPS: $0 | Growth: -100%.
Where can I find Forafric Global PLC's investor relations reports?
Visit https://forafric.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for Forafric Global PLC?
You can explore historical data from here
What is the all-time high and low for Forafric Global PLC stock?
All-time high: $16.37 (2022-06-10) | All-time low: $4.61 (2022-06-23).
What are the key trends affecting Forafric Global PLC stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
globenewswire.com
2 months ago
CASABLANCA, MOROCCO, April 04, 2025 (GLOBE NEWSWIRE) -- Forafric Global (Nasdaq: AFRI, or the « Company »), a leading vertically integrated agribusiness serving Africa, today announced that Khalid Assari, the CEO of the Company, has been appointed as Chairman of the Board, effective April 4th, 2025. Mr. Assari replaces Mr Saad Bendidi.
globenewswire.com
4 months ago
Announces Enhanced Focus on Morocco and Soft Wheat through Initiatives to include Divesting Non-Core Assets CASABLANCA, MOROCCO, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Forafric Global PLC (Nasdaq: AFRI, or the “Company”), a leading vertically integrated agribusiness serving Africa, today announced that it has adopted a new balance sheet strengthening strategy with a Morocco and soft wheat focus. As part of this initiative, the Company is divesting non-core assets: assets outside of Morocco, durum wheat focused businesses and logistics activities in Morocco.
globenewswire.com
5 months ago
CASABLANCA, MOROCCO, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Forafric Global PLC (Nasdaq: AFRI, or the “Company”), a vertically integrated agribusiness serving Africa, today announced that on January 14, 2025, it received written notice from the listing qualifications department of The Nasdaq Stock Market (“Nasdaq”) stating that since the Company has not yet filed a Form 6-K containing an interim balance sheet and income statement as of the end of its second quarter (the “Six Month Report”) by December 31, 2024, the Company was not in compliance with Listing Rule 5250 (c) (2) (the “Rule”).
businesswire.com
a year ago
CASABLANCA, Morocco--(BUSINESS WIRE)--Forafric Global PLC (Nasdaq: AFRI, or “Forafric”), a vertically integrated agribusiness serving Africa, today announced it has entered into a 10-year renewable contract to lease and operate an existing milling facility located in the Meknes-Fes region of Morocco. This marks a significant milestone in the expansion of the Company's milling capabilities and positions Forafric for continued growth. This expansion is expected to increase the Company's milling c.
businesswire.com
a year ago
CASABLANCA, Morocco--(BUSINESS WIRE)--Forafric Global PLC (Nasdaq: AFRI) (“Forafric”), a vertically integrated agribusiness serving Africa, today provided a business update. Recent Business Highlights Achieved record high crushing volume for the first nine months of 2023, with more than 443,000 Metric Tons (MT) of soft wheat processed in Morocco, its largest market Completed acquisition of 90% of Société Industrielle de Minoterie du Sud (“SIMS”), a soft wheat milling company with primary operat.
investorplace.com
2 years ago
Did you happen to see Barron's recent article that discussed Bill Ackman's desire to take X (formerly Twitter) public through his SPARC (special purpose acquisition rights company), a newer twist to SPACs (special purpose acquisition company)? The traditional SPAC raises money in an IPO (initial public offering) and then takes 12-24 months to find a target to merge with.
businesswire.com
2 years ago
CASABLANCA, Morocco--(BUSINESS WIRE)--Forafric Global PLC (Nasdaq: AFRI, or “Forafric”), a vertically integrated agribusiness serving Africa, today announced as part of its strategy to double crushing capacity in Morocco over that next two years, that it has acquired 90% of Société Industrielle de Minoterie du Sud (“SIMS”), a soft wheat milling company with primary operations in Marrakesh. “This acquisition enables us to expand our crushing capacity rapidly by more than 300 tons per day with mi.
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