GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Forafric Global PLC (NAS:AFRI) » Definitions » Pre-Tax Income

Forafric Global (Forafric Global) Pre-Tax Income : $-12.6 Mil (TTM As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Forafric Global Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Forafric Global's pretax income for the six months ended in Dec. 2023 was $-4.7 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $-12.6 Mil. Forafric Global's pretax margin was -2.93%.

During the past 5 years, Forafric Global's highest Pretax Margin was -3.01%. The lowest was -7.33%. And the median was -3.59%.

Forafric Global Pre-Tax Income Historical Data

The historical data trend for Forafric Global's Pre-Tax Income 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 Pre-Tax Income Chart

Forafric Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
-5.59 - -7.87 -21.23 -12.61

Forafric Global Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pre-Tax Income Get a 7-Day Free Trial -9.05 -6.76 -14.47 -7.93 -4.68

Competitive Comparison of Forafric Global's Pre-Tax Income

For the Farm Products subindustry, Forafric Global's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Forafric Global's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Forafric Global's Pre-Tax Income falls into.


Forafric Global Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

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

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1.133+0.232+-14.016+0.037+-1.7763568394003E-15
=-12.6

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

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=2.51+0.311+-7.487+-0.018+0
=-4.7

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-12.6 Mil.

* 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.

Forafric Global  (NAS:AFRI) Pre-Tax Income Explanation

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

Pretax Margin=Pretax Income/Revenue
=-4.684/159.86
=-2.93%

During the past 5 years, Forafric Global's highest Pretax Margin was -3.01%. The lowest was -7.33%. And the median was -3.59%.

* 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.

Forafric Global Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Forafric Global's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Forafric Global (Forafric Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Forafric Global PLC (NAS:AFRI) » Definitions » Pre-Tax Income
Comparable Companies
LMNR ALCO VITL DTCK VFF GCEH SDOT SANW LOCL SHMP ADM SZSE:002714 SZSE:300498 TSN SHSE:600438 BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN
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, a Leading African Agribusiness, Teams with Alapala to Nearly Double Wheat and Durum Processing Capacity

By Business Wire Business Wire • 06-14-2022

Forafric Provides Business Update

By Business Wire • 12-13-2023

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

By Business Wire • 07-31-2023

Forafric Achieves Record High Crushing Volume During First Half of 2022

By Business Wire Business Wire • 08-04-2022