Forafric Global PLC
AFRIW
NASDAQ0.70
USD
-0.22
- -
Forafric Global PLC
AFRIW
(NASDAQ)
Recent
price
0.70
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products, primarily wheat-based items including a variety of wheat flours, semolina, pasta, and couscous; it operates through brands such as MAYMOUNA and TRIA in Morocco while exporting to more than 45 countries across Africa, Europe, and beyond. The company manages 12 industrial units and two logistics platforms, with majority revenue derived from soft wheat processing. Founded in 1926 and headquartered in Gibraltar at Madison Building, Unit 5.3, GX11 1AA, Forafric specializes in wheat milling with primary operations in Morocco and Burkina Faso. Forafric produces industrial-grade flours, semolina for couscous and pasta, and value-added consumer products tailored for domestic and export markets, serving food manufacturers, wholesalers, and retail consumers. Its vertically integrated model covers the full supply chain from grain procurement to global distribution, emphasizing food security in North Africa and Sub-Saharan regions. In recent developments, Forafric announced a strategic shift in 2025 toward its Morocco operations and soft wheat business, planning divestitures of non-core assets including operations outside Morocco, durum wheat activities, and Moroccan logistics to generate $80-100 million in proceeds for balance sheet strengthening. The company entered a partnership with Alapala Foreign Trade LLC to upgrade three mills and build three new ones in Morocco, boosting capacity by 2,370 metric tons per day at a cost of about US$101 million. Additional changes include a 10-year lease for a Moroccan milling facility adding 600 tons daily capacity, CEO transitions with Khalid Assari appointed chairman in April 2025 and CEO for Forafric Global and Forafric Morocco, and an acquisition of controlling interest in Groupe Sahel.
Forafric Global PLC (NASDAQ:AFRIW) Short Interest Up 69.1% in January
Forafric Global PLC (NASDAQ:AFRIW) Short Interest Update
Forafric Global (NASDAQ:AFRIW) Shares Up 13.5% – Here’s What Happened
Forafric Global (NASDAQ:AFRIW) Stock Price Up 2.1% – Time to Buy?
Forafric Global PLC (NASDAQ:AFRIW) Short Interest Up 100.0% in October