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Winner, Winner: The Chicken McNugget Story
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Forafric Global
Forafric Global (AFRI) investor relations material
Forafric Global Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary15 May, 2026
Executive summary
Revenues for 2025 were $176.5 million, down 35.6% year-over-year, primarily due to decreased crushed volume in Morocco from lack of working capital financing.
Net loss for 2025 was $13.8 million, compared to a net loss of $23.4 million in 2024.
The company faces substantial doubt about its ability to continue as a going concern, with an accumulated deficit of $154.6 million as of December 31, 2025.
Management is pursuing additional financing, cost reductions, and asset sales to address liquidity concerns.
Financial highlights
Gross profit for 2025 was $18.4 million, down 32.7% from $27.3 million in 2024.
Selling, general, and administrative expenses decreased 37.4% to $22.0 million in 2025.
Cash and cash equivalents increased to $14.3 million at year-end 2025, up from $12.2 million in 2024.
The company completed asset sales totaling $27 million in 2025 and early 2026 to strengthen the balance sheet.
Outlook and guidance
The company is focusing on its core Morocco and soft wheat business, divesting non-core assets and logistics activities.
Strategic expansion into defense, food security, and energy infrastructure is planned, but remains at an early stage and subject to regulatory and execution risks.
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Latest events from Forafric Global
Next Forafric Global earnings date
Q4 202613 May, 2027
Forafric Global
Next Forafric Global earnings date
Q4 202613 May, 2027
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Frequently asked questions
Forafric Global PLC is a company engaged in the agribusiness sector, focusing on the purchase, storage, transport, processing, and sale of agricultural commodities. The company's primary products include wheat flours, semolina, and secondary processed items such as pasta and couscous, marketed under the brand names TRIA and MayMouna. Forafric serves wholesale food manufacturers and distributors, exporting its products to over 45 countries across Europe, Asia, Africa, and the Middle East. The company operates in various segments, including soft wheat, durum wheat, and couscous and pasta production. Forafric Global PLC is headquartered in Gibraltar, and its shares are listed on the NASDAQ.