Forafric Global
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Forafric Global's past years’ income statements indicate that its last revenue has increased compared to the previous period by 5% to $305,476,000. The net income raised on -$12,676,000 and profit margin reached -4%. Total operating expenses were $29,292,000.
Profit Margin
| 2019 | 183.20M | -8.09M | -4.42% |
|---|---|---|---|
| 2020 | 196.59M | -139K | -0.07% |
| 2021 | 261.67M | -7.78M | -2.97% |
| 2022 | 289.77M | -19.17M | -6.62% |
| 2023 | 305.47M | -12.67M | -4.15% |
AFRI Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 305.47M | 289.77M | 261.67M | 196.59M | 183.20M |
Cost of revenue | 275.05M | 260.39M | 219.31M | 156.18M | 147.49M |
Gross profit | 30.42M | 29.37M | 42.36M | 40.40M | 35.71M |
Operating exp. | |||||
Research and development | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 29.29M | 30.79M | 38.98M | 30.51M | 31.73M |
Operating income | 1.13M | -3.07M | 3.38M | 9.89M | 3.97M |
Other income (expenses), net | -13.74M | -18.14M | -11.25M | -9.88M | -9.56M |
Income before tax | -12.61M | -21.22M | -7.87M | 4K | -5.59M |
Income tax expense | -106K | -2.05M | -89K | 143K | 2.50M |
Net income | -12.67M | -19.17M | -7.78M | -139K | -8.09M |
Earnings per share | |||||
Basic EPS | -0.47 | -0.72 | -0.38 | -0.00 | -0.31 |
Diluted EPS | -0.47 | -0.72 | -0.38 | -0.00 | -0.31 |
| Data source | Data source |