Forafric Global PLC (AFRI)

NASDAQ: AFRI · IEX Real-Time Price · USD
10.77
+0.29 (2.77%)
May 13, 2024, 4:30 PM EDT - Market closed
2.77%
Market Cap 289.49M
Revenue (ttm) 305.48M
Net Income (ttm) -12.68M
Shares Out 26.88M
EPS (ttm) -0.47
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,103
Open 10.42
Previous Close 10.48
Day's Range 10.42 - 10.77
52-Week Range 9.35 - 12.00
Beta 0.38
Analysts n/a
Price Target n/a
Earnings Date May 21, 2024

About AFRI

Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco, Burkina, Mali, Angola, and internationally. The company offers flour and semolina; and secondary processing products, such as pasta and couscous under the Tria and MayMouna brands. It serves wholesale foods manufacturers and distributors The company also exports its products to approximately 45 countries. Forafric Global PLC is headquartered in Gibraltar. [Read more]

Industry Farm Products
Founded 1943
Employees 600
Stock Exchange NASDAQ
Ticker Symbol AFRI
Full Company Profile

Financial Performance

In 2023, AFRI's revenue was $305.48 million, an increase of 5.42% compared to the previous year's $289.77 million. Losses were -$12.68 million, -33.73% less than in 2022.

Financial Statements

News

Forafric Announces Plan to Expand with Lease of New Operating Facility; Expects to Increase Crushing Capacity by 600 Tons per Day

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 co...

7 days ago - Business Wire

Forafric Provides Business Update

CASABLANCA, Morocco--(BUSINESS WIRE)--Forafric Global PLC (Nasdaq: AFRI) (“Forafric”), a vertically integrated agribusiness serving Africa, today provided a business update. Recent Business Highlights...

5 months ago - Business Wire

Forafric Acquires SIMS mill in Marrakesh Increasing Crushing Capacity to More Than 300 Tons per Day

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...

10 months ago - Business Wire

Forafric Achieves Record High Crushing Volume During First Half of 2022

CASABLANCA, Morocco--(BUSINESS WIRE)--Forafric Global PLC (Nasdaq: AFRI, or “Forafric”), a vertically integrated agribusiness serving Africa, today announced that it achieved record high crushing volu...

1 year ago - Business Wire

Forafric, a Leading African Agribusiness, Teams with Alapala to Nearly Double Wheat and Durum Processing Capacity

CASABLANCA, Morocco--(BUSINESS WIRE)--Forafric Global PLC (Nasdaq: AFRI, or “Forafric”), a vertically integrated agribusiness serving Africa, today announced that its fully-owned subsidiary, Forafric ...

2 years ago - Business Wire

Forafric, a Leading African Agribusiness, to Go Public in SPAC Deal via Globis Acquisition Corp.

High-growth, vertically integrated, and scalable Pan African platform addresses a large market and unmet need for food security Forafric to become first African agribusiness company and first Moroccan...

2 years ago - Accesswire