Forafric Global Past Earnings Performance
Past criteria checks 0/6
Forafric Global's earnings have been declining at an average annual rate of -31.9%, while the Food industry saw earnings growing at 9% annually. Revenues have been growing at an average rate of 10.3% per year.
Key information
-31.9%
Earnings growth rate
-60.6%
EPS growth rate
| Food Industry Growth | 16.0% |
| Revenue growth rate | 10.3% |
| Return on equity | -42.8% |
| Net Margin | -4.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Forafric Global makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 305 | -13 | 29 | 0 |
| 30 Sep 23 | 293 | -16 | 30 | 0 |
| 30 Jun 23 | 280 | -20 | 31 | 0 |
| 31 Mar 23 | 274 | -20 | 29 | 0 |
| 31 Dec 22 | 290 | -19 | 31 | 0 |
| 30 Sep 22 | 299 | -18 | 37 | 0 |
| 30 Jun 22 | 296 | -16 | 43 | 0 |
| 31 Mar 22 | 290 | -14 | 42 | 0 |
| 31 Dec 21 | 262 | -8 | 39 | 0 |
| 30 Sep 21 | 236 | -2 | 35 | 0 |
| 31 Dec 20 | 197 | 0 | 31 | 0 |
| 31 Dec 19 | 183 | -8 | 32 | 0 |
Quality Earnings: AFRI is currently unprofitable.
Growing Profit Margin: AFRI is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AFRI is unprofitable, and losses have increased over the past 5 years at a rate of 31.9% per year.
Accelerating Growth: Unable to compare AFRI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AFRI is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-2.3%).
Return on Equity
High ROE: AFRI has a negative Return on Equity (-42.83%), as it is currently unprofitable.