Forafric Global PLC income statement
In fiscal 2025, Forafric Global PLC reported revenue of $176m, down 35.6% on the year before, operating income of −$3.6m (a -2.0% margin) and net income of −$14.9m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|
| Revenue | 197 | 262 | 284 | 302 | 274 | 176 |
| Cost of revenue | 156 | 219 | 255 | 273 | 247 | 158 |
| Gross profit | 40 | 42 | 29 | 29 | 27 | 18 |
| Selling, general and administrative | 31 | 39 | 27 | 27 | 35 | 22 |
| Operating income | 10 | 3 | 2 | 1 | −8 | −4 |
| Interest expense | 7 | 10 | 13 | 14 | 13 | 14 |
| Income before tax | 0 | −8 | −17 | −12 | −22 | −11 |
| Income tax | 0 | −0 | −2 | 1 | 2 | 1 |
| Net income | −0 | −8 | −19 | −13 | −24 | −15 |
| Diluted EPS | — | −$0.38 | −$0.72 | −$0.47 | — | — |
| Diluted shares (average) | — | 21m | 27m | 27m | 27m | 27m |
| EBITDA | 14 | 7 | 7 | 6 | −3 | 1 |
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