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StocksMedium•1 May 2026•

1 min read

Forafric Global Delays 20-F Filing and Warns of Significant Revenue Slump

Key Facts

1Forafric Global announced a delay in filing its Form 20-F for the 2025 fiscal year to finalize financial statements.

2The company expects revenue to drop to between $160 million and $180 million, down from $274.2 million in 2024.

Forafric Global (AFRI) has announced a delay in filing its annual Form 20-F for the 2025 fiscal year, citing the need for additional time to finalize its financial statements. Alongside the filing delay, the company issued a profit warning, projecting a significant revenue drop to between $160 million and $180 million. This forecast represents a substantial decline from the $274.2 million in revenue reported in the 2024 fiscal year. Management attributed the sales slump primarily to lower crushed volumes of wheat within its Moroccan operations. These developments highlight operational headwinds and supply chain challenges facing the agribusiness firm. Investors are closely monitoring the impact of this guidance on the stock's performance and the company's overall financial stability.