Farmmi, Inc. income statement
In fiscal 2025, Farmmi, Inc. reported revenue of $28.0m, down 56.4% on the year before, operating income of −$56.1m (a -200.6% margin) and net income of −$53.1m, or −$28.92 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Sept 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 21 | 27 | 30 | 28 | 28 | 39 | 99 | 110 | 64 | 28 |
| Cost of revenue | 17 | 22 | 25 | 24 | 24 | 34 | 94 | 106 | 60 | 27 |
| Gross profit | 3 | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 1 |
| Selling and marketing | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General and administrative | 0 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 3 | 3 |
| Operating income | 3 | 3 | 3 | 2 | 2 | 3 | 1 | 2 | 1 | −56 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | — |
| Income before tax | 3 | 3 | 3 | 1 | 1 | 2 | 2 | 3 | −5 | −53 |
| Income tax | 0 | 0 | 0 | 0 | 0 | −0 | −0 | 0 | 0 | 0 |
| Net income | 2 | 3 | 3 | 1 | 1 | 2 | 2 | 3 | −5 | −53 |
| Diluted EPS | $7.67 | $11.00 | $9.00 | −$0.04 | $1.67 | $6.01 | $1.03 | $1.20 | −$2.63 | −$28.92 |
| Diluted shares (average) | — | — | — | — | — | — | 2m | 2m | 2m | 2m |
| EBITDA | 3 | 3 | 3 | 2 | 2 | 3 | 1 | 2 | 1 | −56 |
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