Company Analysis

Forafric Global PLC (AFRI)

Nasdaq: AFRI · Grain Mill Products · Gibraltar, GI · filing with the SEC since 2022
Grade2.2
◀ Past 1.9● Present 2.3▶ Future 2.4
1 est.

The grade of Forafric Global PLC

Nine metrics read from its own filings, by tense
Headline grade
2.2/10
◀ Past1.930% of the headline
● Present2.340% of the headline
▶ Future2.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

1.9/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
2.1/10

Has it survived what it has been through?

3 warning events since 2022; the latest 2026-04-30.

weight 33% of this tense · 21st percentile among 42 sector filers · read for itself

From the record

Forafric Global PLC's filings since 2022 show 3 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2022-06-15); an auditor change (8-K item 4.01, the latest 2022-06-15); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2026-04-30) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
1.6/10

What has it actually done, year after year?

-2.1% a year over 6 filed years; profitable in 0 of 6.

weight 45% of this tense · 15th percentile among 42 sector filers · read for its customers

From the record

Forafric Global PLC's 6 filed years say what it did: revenue went from $197 million in fiscal 2020 to $176 million in fiscal 2025, down 2.1% a year; it rose in 3 of 5 years; the deepest fall was 42% from fiscal 2023 to fiscal 2025; net income was positive in 0 of 6 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-2.1%bottom 8% of its family
  • the share of years revenue rosebottom 39% of its family
  • the share of filed years with a profitbottom 1% of its family
  • the deepest fall from a revenue peak41.6%bottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
2.2/10

How has it treated the people who own it?

Share count grew 0.4% a year. 0% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 22nd percentile among 32 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Forafric Global PLC's diluted share count grew about 0.4% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 34% of its family
  • cash returned against operating cash flowbottom 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

2.3/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
1.5/10

Is it financially healthy right now?

ROE -224%: lost 224¢ per shareholder dollar. Leverage 97%: owes 97¢ per asset dollar.

weight 45% of this tense · 15th percentile among 42 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Forafric Global PLC lost about 224 cents for every dollar of shareholders' money, and gross profitability: its products earned about 7 cents per dollar of everything the company owns. Leverage: it owed about 97 cents per dollar of assets, and net share issuance: its share count grew 0.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 4% of its family
  • return on equitybottom 1% of its family
  • gross profit against assetsbottom 6% of its family
  • the share count against the year beforetop 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
1.4/10

How strong is its position in its industry?

bottom 14% of 42 in its family; net margin -8.4%.

weight 33% of this tense · 14th percentile among 42 sector filers · read for its customers

From the record

Forafric Global PLC's standing among 42 graded names in its industry family: revenue of $176 million in fiscal 2025 ranks in the bottom 19% by size; a net margin of -8.4% ranks in the bottom 13%; revenue growth of -14.7% a year over the last 3 filed years ranks in the bottom 8% (its annual reports).

What it rests on

  • revenue against the family$176Mbottom 19% of its family
  • net margin-8.4%bottom 13% of its family
  • three-year revenue growth-14.7%bottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.1/10

What are the people in charge doing?

SI estimate 5.1/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 29 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 29 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read.
How it was reasoned
family median, 29 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Forafric Global PLC's leadership is put at 5.1 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 29 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

2.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.2/10

How much room does it have to grow?

bottom 32% of 42 in its family for room to expand.

weight 45% of this tense · 32nd percentile among 42 sector filers · read for itself

From the record

Forafric Global PLC's room to grow, from the newest filed statements (fiscal 2025): cash of $14 million against debt of $26 million leaves -4.9% of its assets as net cash, top 46% of its family; cash from operations less capital spending is -0.1% of revenue (bottom 23%); a gross margin of 10.4% (bottom 20%) (its annual report).

What it rests on

  • cash less debt against assets-4.9%top 46% of its family
  • cash from operations less capital spending against revenue-0.1%bottom 23% of its family
  • gross margin10.4%bottom 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
0.6/10

What could actually drive growth from here?

bottom 6% of 42 in its family for growth drivers.

weight 33% of this tense · 6th percentile among 42 sector filers · read for its customers

From the record

Forafric Global PLC's growth drivers, from the filed years to fiscal 2025: revenue grew -14.7% a year over the last three filed years against -2.1% over all 6, slowing (bottom 8% of its family); the newest year grew -35.7% (bottom 6%); capital spending grew -51.3% a year (bottom 4%) (its annual reports). Forafric Global PLC reported 4 product lines in fiscal 2025: Soft Wheat at $150 million (85%), Couscous and Pasta at $17 million (10%), Durum Wheat at $6 million (4%), and 1 more; 0 of 4 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-12.5 points a yearbottom 8% of its family
  • the newest year's revenue growth-35.7%bottom 6% of its family
  • three-year growth of capital spending-51.3%bottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.6/10

Did its newest year beat what its own record pointed to?

bottom 36% of 39 in its family for expectations against reality.

weight 22% of this tense · 36th percentile among 39 sector filers · read for its shareholders

From the record

Forafric Global PLC's newest year against its own record: revenue of $176 million in fiscal 2025 came in 34.5% below the $269 million its prior three years' pace pointed to (bottom 4% of its family); net income of $15 million against a prior three-year average of $19 million (top 32%); a net margin of -8.4% against -6.6% before (bottom 37%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-34.5%bottom 4% of its family
  • net income against the prior three years' average+20%top 32% of its family
  • net margin against its prior average-1.8 pointsbottom 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton AFRI · research, not advice