Forafric Global (AFRI) Income Statement: Revenue & Earnings

Forafric Global Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Forafric Global PLC income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	274.22	301.95	283.93	261.68	196.60
Cost of Revenue	246.89	273.42	254.72	219.31	156.19
Gross Profit	27.33	28.54	29.21	42.37	40.41
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	30.13	27.30	26.93	38.98	30.52
Operating Expenses	30.13	27.30	26.93	38.98	30.52
Operating Income	-2.80	1.24	2.28	3.39	9.89
Other Income/Expense
Interest Income	0.03	0.04	0.03	0.54	0.00
Interest Expense	-12.82	-13.48	11.94	10.36	-6.85
Other Income/Expense	-2.55	0.24	-7.32	-1.44	0.00
Income
Income Before Tax	-21.68	-11.96	-16.96	-7.87	0.00
Income Tax Expense	1.65	0.59	-1.84	-0.09	0.14
Net Income	-24.33	-12.68	-19.13	-7.98	-0.11
Net Income - Continuous Operations	-24.33	-12.55	-15.11	-7.78	0.00
Net Income - Discontinued Operations	-0.02	0.04	-4.06	0.00	0.00
EBITDA	1.89	6.00	1.30	7.70	13.68
EBIT	-2.80	1.24	-5.01	2.49	9.89
Depreciation & Amortization	4.69	4.75	6.31	5.21	3.79
Earnings Per Share
Basic EPS	-1.00	-	-1.00	-	-
Diluted EPS	-1.00	-	-1.00	-	-
Basic Shares Outstanding	26.88	26.88	26.60	20.56	0.62
Diluted Shares Outstanding	26.88	26.88	26.60	20.56	0.62