Forafric Global (Forafric Global) Net Margin % : -2.54% (As of Dec. 2023)

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What is Forafric Global Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Forafric Global's Net Income for the six months ended in Dec. 2023 was $-4.1 Mil. Forafric Global's Revenue for the six months ended in Dec. 2023 was $159.9 Mil. Therefore, Forafric Global's net margin for the quarter that ended in Dec. 2023 was -2.54%.

The historical rank and industry rank for Forafric Global's Net Margin % or its related term are showing as below:

AFRI' s Net Margin % Range Over the Past 10 Years
Min: -6.6 Med: -4.15 Max: -0.06
Current: -4.15

AFRI's Net Margin % is ranked worse than
80.56% of 1857 companies
in the Consumer Packaged Goods industry
Industry Median: 3.2 vs AFRI: -4.15

Forafric Global Net Margin % Historical Data

The historical data trend for Forafric Global's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Forafric Global Net Margin % Chart

Forafric Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-4.42

-0.06

-3.05

-6.60

-4.15

Forafric Global Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial			-5.50	-5.32	-8.07	-5.92	-2.54

Competitive Comparison of Forafric Global's Net Margin %

For the Farm Products subindustry, Forafric Global's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Forafric Global's Net Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Forafric Global's Net Margin % distribution charts can be found below:

* The bar in red indicates where Forafric Global's Net Margin % falls into.

Forafric Global Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Forafric Global's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-12.676	/	305.476
	=	-4.15 %

Forafric Global's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-4.054	/	159.86
	=	-2.54 %

Forafric Global (NAS:AFRI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Forafric Global Net Margin % Related Terms

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Forafric Global (Forafric Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Forafric Global PLC (NAS:AFRI) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mustapha Jamaleddine, Unit 5.3, Madison Building, Midtown, Queensway, GIB, GX11 1AA

Website

https://www.forafric.com

Forafric Global PLC is engaged in production and sale of a variety of wheat flours, Semolina and Pasta and Couscous in Morocco and in more than 45 countries. The two main brands in Morocco are MAYMOUNA and TRIA. The company derives majority of its revenue from Soft wheat.

Executives

Paul Packer	director, 10 percent owner, officer: CEO; CFO; Secretary	C/O GLOBIS CAPITAL PARTNERS LP, 60 BROAD ST, NEW YORK NY 10004
Michael Ferguson	director	525 EXECUTIVE BOULEVARD, ELMSFORD NY 10523
John M Horne	director	P.O. BOX 547, JOHNSON AR 72741
Claude Benitah	director	NITSANA, 9, TEL-AVIV-YAFO L3 6811709
Globis Spac Llc	10 percent owner	805 3RD AVENUE, 15TH FLOOR, NEW YORK NY 10022

Forafric Global (Forafric Global) Headlines

From GuruFocus

Forafric Provides Business Update

By Business Wire • 12-13-2023

Forafric Achieves Record High Crushing Volume During First Half of 2022

By Business Wire Business Wire • 08-04-2022

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

By Business Wire Business Wire • 06-14-2022

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

By Business Wire • 07-31-2023