AFRINasdaqGrain Mill ProductsUS GAAP · USD

Forafric Global PLC

Forafric Global PLC is a vertically integrated agribusiness and food security company focused on producing, processing, and distributing grain-based staple foods for African markets. The company operates through milling and related agricultural platforms, with a base in Gibraltar and business activities centered on Morocco and broader Africa.

Liikevaihto176milj. USD
−35,6 %v/v
Liikevoitto (EBIT)−3,6milj. USD
+54,2 %v/v
EBIT-marginaali−2,0%
+0,8 %-yks.v/v
Nettotulos−14,9milj. USD
+38,8 %v/v
Vapaa kassavirta−0,2milj. USD
−100,7 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−1000100200300400milj. USD2020: 197 milj. USD2020: EBIT 9,9 milj. USD20202021: 262 milj. USD2021: EBIT 3,4 milj. USD20212022: 290 milj. USD2022: EBIT −1,4 milj. USD20222023: 305 milj. USD2023: EBIT 1,1 milj. USD20232024: 274 milj. USD2024: EBIT −7,8 milj. USD20242025: 176 milj. USD2025: EBIT −3,6 milj. USD2025176−3,6
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Milled grain products70 %

Flour, semolina, and other staple grain outputs produced from wheat and cereals.

Grain trading15 %

Procurement and trading of grains and cereal inputs used in processing and resale.

Storage and logistics10 %

Warehousing, handling, and logistics services that support grain movement and supply continuity.

Food security platforms5 %

Complementary agricultural and distribution platforms tied to staple food supply.

Asiakkaat

Forafric sells staple food inputs to downstream food producers, bakeries, wholesalers, and distributors that need reliable grain-based products. It also serves institutions and industrial buyers that require consistent supply, quality, and logistics support across the food value chain. Because its products are essential staples, demand is tied more to food consumption and supply-chain continuity than to discretionary spending.

Food processors and bakeries

Buy flour, semolina, and other milling outputs as production inputs.

Wholesalers and distributors

Buy packaged or bulk grain products for onward distribution.

Institutional buyers

Buy staple foods for large-scale consumption and supply continuity.

Trading counterparties

Buy or sell grain and cereal commodities for sourcing and arbitrage.

Agricultural supply-chain partners

Use the company’s logistics and storage capabilities to move grain efficiently.

Strategia

The company is building a broader food-security platform by combining milling, trading, logistics, and complementary agricultural capabilities. Recent disclosures indicate a strategy to expand internationally and develop adjacent platforms across defense, energy, and food security, while preserving the core staple-food business. The stated direction suggests a focus on scale, resilience, and optionality across related supply-chain businesses.

Build complementary food-security platformsKeskipitkä aikaväli

Diversifies the business beyond milling and broadens the supply-chain franchise.

Expand international reachKeskipitkä aikaväli

Broader geographic coverage can improve sourcing, distribution, and growth opportunities.

Develop adjacent strategic verticalsPitkä aikaväli

Creates optionality and long-term growth beyond the core agribusiness base.

Maantiede

Forafric Global is anchored in North Africa, with operational and commercial exposure centered on Morocco and serving broader African food markets. The company also maintains an international corporate structure through Gibraltar and seeks complementary cross-border platforms such as Swiss cereal trading and logistics. Its geography matters because wheat sourcing, milling capacity, and distribution networks are all sensitive to regional trade flows, import routes, and food-security demand.

Riskit

Forafric faces commodity, logistics, and regulatory risks typical of grain processing and trading businesses, where margins depend on grain sourcing, import routes, and execution discipline. Company-specific uncertainty also exists around acquisitions and related-party transactions, especially where approvals, closing conditions, and integration outcomes may affect strategy. Exposure to Morocco and African food markets adds sensitivity to currency moves, supply disruptions, and policy changes affecting staple-food imports and distribution.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Commodity input price volatility1Supply-chain and logistics disruption2FX and country risk3Transaction execution risk4Regulatory and antitrust approvals5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Commodity input price volatilityVaikutus: KorkeaTodennäköisyys: Korkea

    Wheat and cereal costs can change quickly, affecting processing economics and inventory values.

    Kohdistuu: Milling and grain trading

  2. Supply-chain and logistics disruptionVaikutus: KorkeaTodennäköisyys: Korkea

    The business depends on timely grain sourcing, transport, storage, and distribution.

    Kohdistuu: North African operations

  3. FX and country riskVaikutus: KeskitasoTodennäköisyys: Korkea

    African operations and international sourcing expose the company to currency and policy shifts.

    Kohdistuu: Morocco and broader Africa

  4. Transaction execution riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Planned acquisitions or restructurings may fail to close or deliver expected benefits.

    Kohdistuu: Millcorp and related platforms

  5. Regulatory and antitrust approvalsVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Cross-border and related-party transactions require approvals and conditions precedent.

    Kohdistuu: Morocco and Switzerland

Kirjanpito

Harkinnanvaraiset erät
Inventory valuation

Grain and flour inventories are exposed to commodity price changes and obsolescence risk.

Vaikutus: Can affect cost of sales and balance-sheet carrying values

Purchase accounting

Potential acquisitions require fair value allocation of assets and liabilities.

Vaikutus: May create goodwill, intangibles, or contingent consideration

Related-party disclosures

Millcorp is described as a related party, increasing disclosure and valuation scrutiny.

Vaikutus: Important for transaction pricing and governance analysis

Seasonality and working capital

Grain procurement, storage, and logistics can cause quarter-to-quarter swings.

Vaikutus: Affects comparability of revenue, inventory, and cash flow

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026

Forafric Global PLC (AFRI) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo