AGRI - AgriFORCE Growing Systems, Ltd. Stock Price, Fair Value and News

0.10USD-0.02 (-16.67%)Market Closed

Market Summary

USD0.10-0.02

Market Closed

-16.67%

AGRI Stock Price

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AGRI RSI Chart

AGRI Valuation

Market Cap

2.6M

Price/Earnings (Trailing)

-0.2

Price/Sales (Trailing)

1.75

EV/EBITDA

0.12

Price/Free Cashflow

-0.5

AGRI Price/Sales (Trailing)

AGRI Profitability

EBT Margin

-717.00%

Return on Equity

-149.24%

Return on Assets

-83.45%

Free Cashflow Yield

-198.24%

AGRI Fundamentals

AGRI Revenue

Revenue (TTM)

1.6M

Rev. Growth (Yr)

-40.71%

Rev. Growth (Qtr)

-23.95%

AGRI Earnings

Earnings (TTM)

-13.3M

Earnings Growth (Yr)

-93.46%

Earnings Growth (Qtr)

16.66%

Breaking Down AGRI Revenue

Last 30 days

-33.3%

Last 90 days

-52.4%

Trailing 12 Months

-79.2%

How does AGRI drawdown profile look like?

AGRI Financial Health

Current Ratio

0.82

AGRI Investor Care

Shares Dilution (1Y)

6928.96%

Diluted EPS (TTM)

-5.44

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	0	0	0	0
2023	2.9M	2.5M	1.6M	0
2022	838.3K	1.5M	2.5M	2.7M
2021	300.2K	494.2K	688.2K	882.1K
2020	0	438.8K	272.5K	106.2K
2019	0	0	440.1K	605.1K
2018	0	0	0	275.0K

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Tracking the Latest Insider Buys and Sells of AgriFORCE Growing Systems, Ltd.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Aug 01, 2023	mueller ingo wilhelm	sold	-13,000	0.13	-100,000	-
Jul 20, 2023	mueller ingo wilhelm	sold	-28,110	0.140554	-200,000	ceo and chairman
Jul 19, 2023	mueller ingo wilhelm	sold	-28,983	0.144918	-200,000	ceo and chairman
Jul 18, 2023	mueller ingo wilhelm	sold	-39,039	0.156159	-250,000	ceo and chairman
Sep 30, 2022	mueller ingo wilhelm	acquired	40,968	1.43	28,649	ceo and chairman
Jun 30, 2022	mueller ingo wilhelm	acquired	41,714	2.4	17,381	ceo and chairman
Mar 31, 2022	mueller ingo wilhelm	acquired	45,081	3.98	11,327	ceo and chairman
Jan 01, 2022	mueller ingo wilhelm	acquired	2,381	2.08	1,145	ceo and chairman
Dec 31, 2021	mueller ingo wilhelm	acquired	41,872	2.07	20,228	ceo and chairman
Nov 25, 2021	mueller ingo wilhelm	acquired	29,936	2.35	12,739	ceo and chairman

Which funds bought or sold AGRI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	ARMISTICE CAPITAL, LLC	reduced	-98.00	64.00	106	-%
May 15, 2024	Royal Bank of Canada	unchanged	-	-	-	-%
May 15, 2024	CITADEL ADVISORS LLC	sold off	-100	-6,065	-	-%
May 15, 2024	CITADEL ADVISORS LLC	added	4.68	61.00	102	-%
May 14, 2024	1832 Asset Management L.P.	sold off	-100	-250	-	-%
May 14, 2024	Wellington Wealth Strategies, LLC.	sold off	-100	-4,699	-	-%
May 14, 2024	Garden State Investment Advisory Services LLC	new	-	2,139	2,139	-%
May 13, 2024	CLEAR STREET LLC	reduced	-0.28	-	-	-%
May 13, 2024	UBS Group AG	added	6,766	12,359	12,837	-%
May 13, 2024	HRT FINANCIAL LP	sold off	-100	-16,000	-	-%

Are Funds Buying or Selling AGRI?

Are funds buying AGRI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AGRI

No. of Funds

Unveiling AgriFORCE Growing Systems, Ltd.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jul 13, 2022	pioneer capital anstalt	9.99%	1,533,383	SC 13G

Recent SEC filings of AgriFORCE Growing Systems, Ltd.

View All Filings

Date Filed	Form Type	Document
May 15, 2024	10-Q	Quarterly Report
May 07, 2024	S-1/A	Initial Public Offering
May 06, 2024	S-1	Initial Public Offering
Apr 12, 2024	8-K	Current Report
Apr 01, 2024	10-K	Annual Report
Feb 29, 2024	8-K	Current Report
Feb 23, 2024	8-K	Current Report
Feb 20, 2024	8-K	Current Report
Feb 13, 2024	8-K	Current Report

Peers (Alternatives to AgriFORCE Growing Systems, Ltd.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADM	30.5B	91.7B	1.99%	-15.35%	10.02	0.33	-10.07%	-31.73%
BG	15.0B	61.3B	-2.21%	16.07%	7.7	0.25	-8.91%	30.43%
CAG	14.7B	12.1B	1.62%	-14.16%	15.43	1.21	-0.78%	18.26%
CPB	13.8B	9.3B	7.27%	-12.09%	18.08	1.49	1.02%	-5.78%
ACI	11.9B	79.2B	0.88%	1.68%	9.19	0.15	2.05%	-14.37%
MID-CAP
BRBR	7.5B	1.8B	5.71%	59.23%	39.11	4.06	23.06%	29.48%
FRPT	6.1B	823.2M	20.41%	92.18%	627.36	7.45	30.53%	114.65%
FLO	5.2B	5.1B	4.80%	-15.22%	41.05	1.01	4.66%	-41.11%
CENT	3.0B	3.3B	17.04%	57.25%	20.35	0.91	1.49%	31.18%
CALM	2.8B	2.4B	-3.61%	21.31%	10.29	1.19	-22.17%	-63.60%
SMALL-CAP
ANDE	1.8B	13.6B	-9.19%	34.04%	14.42	0.13	-21.14%	9.65%
BGS	743.1M	2.0B	-11.49%	-26.60%	-6.76	0.37	-5.45%	-247.51%
BYND	467.2M	326.7M	11.98%	-36.95%	-1.4	1.43	-18.66%	-2.70%
ALCO	208.0M	103.1M	2.36%	17.74%	5.21	2.02	56.46%	236.17%
AQB	7.1M	2.6M	5.71%	277.55%	-0.22	2.8	-0.77%	-36.97%

AgriFORCE Growing Systems, Ltd. News

Latest updates

AgriFORCE Growing Systems, Ltd. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4	2019Q3	2018Q4
Revenue	-23.9%	170,392	224,043	277,694	460,984	287,366	610,386	1,177,236	780,331	101,069	488,242	140,653	108,343	144,908	144,708	144,508	69,318	-	-	-
S&GA Expenses	-47.7%	25,228	48,272	11,242	61,748	100,578	200,998	95,750	59,757	30,625	340,603	327,257	51,288	60,987	42,673	80,506	30,530	-	-	-
R&D Expenses	122.8%	3,585	-15,723	-27,046	13,235	36,123	77,921	110,916	30,329	396,527	296,221	116,857	31,277	29,983	9,563	921	25,735	-	-	-
EBITDA Margin	-0.9%	-6.70	-6.63	-7.34	-4.80	-4.32	-4.69	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	21.7%	32,370	26,609	-	38,173	133,645	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	-	-	-	-	-	-	-	-	-	-3,281,286	-	-1,823,618	-1,206,983	-884,606	-	-973,327	-629,019	-	-	-
EBT Margin	0%	-7.17	-7.17	-7.87	-5.08	-4.51	-4.82	-2.83	-4.76	-8.58	-5.54	-7.10	-7.48	-	-	-	-	-	-	-
Net Income	16.7%	-3,327,700	-3,993,132	-3,493,053	-2,526,972	-1,720,053	-2,752,601	-3,396,630	-3,442,585	-3,281,286	-2,727,909	-1,823,618	-1,206,983	-884,606	-634,464	-973,327	-629,019	-	-	-
Net Income Margin	-13.7%	-8.15	-7.17	-6.41	-4.10	-3.96	-4.82	-5.04	-7.47	-10.78	-7.53	-6.61	-7.49	-10.40	-30.34	-	-	-	-	-
Free Cashflow	-23.2%	-1,309,334	-1,062,408	-1,137,592	-1,652,127	-2,647,873	-3,017,633	-4,003,724	-2,187,348	-2,870,654	-2,119,479	-2,217,786	-427,704	-371,978	-217,937	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																			(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Assets	-8.0%	15,986	17,368	17,336	18,227	19,882	21,847	23,903	27,184	10,365	11,765	13,924	3,593	3,593	3,366	2,749	3,289	3,830	4,370	-
Current Assets	-21.7%	3,306	4,221	1,160	1,489	3,279	2,917	8,301	14,066	4,884	8,117	10,346	396	967	875	617	-	-	2,304	196
Cash Equivalents	-100.0%	-	3,879	587	1,005	2,732	2,269	7,869	1,997	4,378	7,775	9,835	157	736	653	454	-	-	2,159	79.00
Inventory	-100.0%	-	39.00	38.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net PPE	-61.0%	5.00	12.00	92.00	101	115	122	116	123	38.00	41.00	38.00	26.00	28.00	28.00	29.00	-	-	36.00	28.00
Liabilities	-20.0%	7,047	8,803	9,986	10,918	11,672	11,304	13,985	17,041	5,315	3,765	3,720	3,323	2,783	1,962	1,572	1,507	1,441	1,376	264
Current Liabilities	-33.2%	4,038	6,042	6,860	7,010	5,353	5,361	6,073	7,004	1,761	2,286	1,830	3,004	2,484	1,931	1,542	-	-	1,376	264
Shareholder's Equity	4.4%	8,939	8,565	7,350	7,309	8,209	10,543	9,917	10,143	5,050	8,000	10,204	270	810	1,403	1,176	1,791	1,943	2,995	-
Retained Earnings	-7.5%	-47,835	-44,500	-40,514	-37,021	-34,494	-32,774	-30,021	-26,624	-23,182	-19,900	-17,173	-15,145	-13,406	-12,521	-11,398	-	-	-8,352	-2,744
Additional Paid-In Capital	-0.5%	3,456	3,472	6,487	11,478	11,948	16,817	13,569	10,123	2,361	2,203	1,914	1,453	1,388	1,298	1,190	-	-	726	208
Shares Outstanding	286.5%	22,574	5,841	1,072	454	366	316	409	330	304	304	288	173	169	169	-	-	-	-	-
Float	-	-	-	-	5,129	-	-	-	28,756	-	-	-	-	-	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																				(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2018Q4
Cashflow From Operations	-23.2%	-1,309	-1,062	-1,137	-1,652	-2,647	-3,017	-4,003	-2,187	-2,870	-2,119	-2,217	-427	-371	-217	-447	-335	-851	-	-	-
Share Based Compensation	-152.5%	-15.97	30.00	81.00	107	176	88.00	169	56.00	158	225	416	66.00	90.00	107	217	147	100	-	-	-
Cashflow From Investing	-	-	-	-	-	-	-16.75	19.00	-142	-500	-19.66	-984	-33*	-2.16	-170	-7*	-	-	-	-	-
Cashflow From Financing	-93.8%	281	4,537	640	-11.40	3,108	-2,433	10,028	-	-	9.00	13,023	-95.67	469	616	636*	-	-	-	-	-

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AGRI Income Statement

2024-03-31

Condensed Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
OPERATING EXPENSES
Wages and salaries	$ 388,604	$ 915,534
Office and administrative	295,202	335,761
Professional fees	170,392	287,366
Depreciation and amortization	166,998	168,760
Consulting	102,915	209,115
Shareholder and regulatory	55,964	70,395
Lease expense	44,170	76,080
Inventory write-off	38,470
Share based compensation	25,340	281,491
Investor and public relations	25,280	267,918
Sales and marketing	25,228	100,578
Travel and entertainment	4,683	72,644
Research and development	3,585	36,123
Operating loss	(1,346,831)	(2,821,765)
OTHER EXPENSES
Accretion of interest on debentures (Note 8)	1,364,205	1,872,470
Loss on conversion of convertible debt (Note 8)	272,732	419,703
Loss on debt extinguishment (Note 8)	410,433
Change in fair value of derivative liabilities (Note 11)	23,769	(3,374,032)
Foreign exchange (gain) loss	(54,631)	6,620
Other loss	4,252
Write-off of deposit		12,000
Other income	(39,891)	(38,473)
Net loss	(3,327,700)	(1,720,053)
Other comprehensive loss
Foreign currency translation (loss) income	(279,905)	114,886
Comprehensive loss attributable to common shareholders	$ (3,607,605)	$ (1,605,167)
Basic net loss attributed to common share	$ (0.26)	$ (3.62)
Diluted net loss attributed to common share	$ (0.26)	$ (3.62)
Weighted average number of common shares outstanding - basic	12,650,304	474,573
Weighted average number of common shares outstanding - diluted	12,650,304	474,573

AGRI Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($)

Mar. 31, 2024

Dec. 31, 2023

Current

Cash

$ 2,863,391

$ 3,878,578

Other receivable

47,166

30,859

Prepaid expenses and other current assets

395,277

272,872

Inventories

38,857

Total current assets

3,305,834

4,221,166

Non-current

Property and equipment, net

4,604

11,801

Intangible asset, net

12,265,856

12,733,885

Lease deposit

79,691

63,708

Construction in progress

112,046

113,566

Investment

218,449

223,801

Total assets

15,986,480

17,367,927

Current

Accounts payable and accrued liabilities

1,937,831

1,942,011

Debentures

2,070,745

4,084,643

Contract liabilities

29,815

15,336

Total current liabilities

4,038,391

6,041,990

Non-current

Lease deposit

25,070

25,684

Derivative liabilities

2,939,296

2,690,308

Long term loan

44,280

45,365

Total liabilities

7,047,037

8,803,347

Commitments and contingencies

Shareholders’ equity

Common shares, no par value per share - unlimited shares authorized; 22,573,938 and 5,841,045 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively

^[1]

53,880,259

49,828,942

Additional paid-in-capital

3,456,475

3,472,444

Obligation to issue shares

44,214

97,094

Accumulated deficit

(47,835,004)

(44,507,304)

Accumulated other comprehensive loss

(606,501)

(326,596)

Total shareholders’ equity

8,939,443

8,564,580

Total liabilities and shareholders’ equity

$ 15,986,480

$ 17,367,927

[1]	reflects the 1:50 reverse stock split effected on October 11, 2023.

About AgriFORCE Growing Systems, Ltd.

AgriFORCE Growing Systems Ltd., an agriculture-focused technology company, focuses on the development and commercialization of plant-based ingredients and products that deliver healthier and nutritious solutions. The company operates in two divisions, AgriFORCE Solutions and AgriFORCE Brands. It also offers management advisory services and holds intellectual property, as well as engages in the real estate holding and development activities. The company was formerly known as Canivate Growing Systems Ltd. and changed its name to AgriFORCE Growing Systems Ltd. in November 2019. AgriFORCE Growing Systems Ltd. was incorporated in 2017 and is headquartered in Vancouver, Canada.

CEO	Mr. Richard S. Wong
WEBSITE	https://agriforcegs.com
INDUSTRY	Packaged Foods
EMPLOYEES	15

AgriFORCE Growing Systems, Ltd. Frequently Asked Questions

What is the ticker symbol for AgriFORCE Growing Systems, Ltd.? What does AGRI stand for in stocks?

AGRI is the stock ticker symbol of AgriFORCE Growing Systems, Ltd.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of AgriFORCE Growing Systems, Ltd. (AGRI)?

As of Fri May 17 2024, market cap of AgriFORCE Growing Systems, Ltd. is 2.6 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AGRI stock?

You can check AGRI's fair value in chart for subscribers.

What is the fair value of AGRI stock?

You can check AGRI's fair value in chart for subscribers. The fair value of AgriFORCE Growing Systems, Ltd. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of AgriFORCE Growing Systems, Ltd. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AGRI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is AgriFORCE Growing Systems, Ltd. a good stock to buy?

The fair value guage provides a quick view whether AGRI is over valued or under valued. Whether AgriFORCE Growing Systems, Ltd. is cheap or expensive depends on the assumptions which impact AgriFORCE Growing Systems, Ltd.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AGRI.

What is AgriFORCE Growing Systems, Ltd.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, AGRI's PE ratio (Price to Earnings) is -0.2 and Price to Sales (PS) ratio is 1.75. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AGRI PE ratio will change depending on the future growth rate expectations of investors.