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AgriFORCE Growing Systems Ltd

Consumer Defensive US AGRI

0.1536USD
0.0076(5.21%)

Last update at 2024-04-25T20:09:00Z

Day Range

0.140.16
LowHigh

52 Week Range

0.3784.00
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -12.87310M -6.64312M -3.22153M -5.11915M -2.74479M
Minority interest - - - - -
Net income -9.47652M -7.12664M -3.09768M -5.12275M -2.74479M
Selling general administrative 12.35M 6.37M 3.20M 3.81M 1.75M
Selling and marketing expenses 0.39M - - - -
Gross profit -13.65627M -0.37446M - - -
Reconciled depreciation 0.02M 0.01M 0.00906M 0.00811M 0.00330M
Ebit -13.65627M -6.92882M -3.32772M -5.11915M -2.69850M
Ebitda -13.55803M -7.29149M -3.46016M -5.10383M -2.69520M
Depreciation and amortization 0.10M -0.36267M -0.13244M 0.02M 0.00330M
Non operating income net other - - - - -
Operating income -13.65627M -6.92882M -3.32772M -5.11915M -2.74479M
Other operating expenses 13.66M 6.93M 3.35M 5.12M 2.72M
Interest expense 3.40M 0.48M 0.00000M 0.00000M 0.00000M
Tax provision - - - - -
Interest income - - - - -
Net interest income -3.39658M -0.48353M - - -
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -3.39658M 0.48M -0.12384M 0.00360M 0.02M
Total revenue 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total operating expenses 13.66M 6.93M 3.35M 5.12M 2.72M
Cost of revenue 13.66M 0.37M - - -
Total other income expense net 0.78M 0.29M 0.11M -0.00360M -0.02315M
Discontinued operations - - - - -
Net income from continuing ops -12.87310M -6.64312M -3.22153M -5.11915M -2.74479M
Net income applicable to common shares -12.87310M -7.37905M -4.16959M -5.56756M -2.74479M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 21.85M 11.77M 3.37M 4.37M 0.22M
Intangible assets 13.09M 1.48M - - -
Earning assets - - - - -
Other current assets 0.05M 0.06M 0.04M 0.09M 0.02M
Total liab 11.30M 3.77M 1.96M 1.38M 0.26M
Total stockholder equity 10.54M 8.00M 1.40M 2.99M -0.04008M
Deferred long term liab - - 0.39M - -
Other current liab 0.65M 1.87M 0.94M 0.45M 0.08M
Common stock 27.14M 25.64M 5.70M 3.73M 2.37M
Capital stock 27.14M 25.64M 12.41M 10.44M 2.37M
Retained earnings -32.77409M -19.90099M -12.52194M -8.35235M -2.74479M
Other liab 4.65M 1.43M - - -
Good will - - - - -
Other assets 2.09M 0.05M 0.39M - -
Cash 2.27M 7.78M 0.65M 2.16M 0.08M
Cash and equivalents - - - - -
Total current liabilities 5.36M 2.29M 1.93M 1.38M 0.26M
Current deferred revenue - - - - -
Net debt 3.24M -7.72796M -0.62199M -2.15889M -0.07902M
Short term debt 4.21M - - - -
Short long term debt 3.94M - - - -
Short long term debt total 5.51M 0.05M 0.03M - -
Other stockholder equity 16.82M 2.30M 1.39M 0.74M 0.32M
Property plant equipment 3.75M 2.12M 2.10M 2.07M 0.03M
Total current assets 2.92M 8.12M 0.88M 2.30M 0.20M
Long term investments - - - - -
Net tangible assets -2.54672M 6.52M -5.31439M -3.72317M -0.04008M
Short term investments - - - - -
Net receivables 0.05M 0.03M 0.00897M 0.05M 0.04M
Long term debt 0.04M 0.05M 0.03M - -
Inventory 0.55M 0.25M 0.17M 0.00945M 0.06M
Accounts payable 0.50M 0.41M 0.99M 0.92M 0.18M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -0.64271M -0.03309M 0.12M 0.16M 0.01M
Additional paid in capital - - - - -
Common stock total equity - - 5.70M 3.73M 2.37M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 4.18M 0.05M 0.39M - -
Deferred long term asset charges - - - - -
Non current assets total 18.93M 3.65M 2.49M 2.07M 0.03M
Capital lease obligations 1.52M - - - -
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -0.64001M -1.00671M -0.17157M -1.30223M -0.03104M
Change to liabilities 0.08M 0.66M 0.26M 0.37M 0.26M
Total cashflows from investing activities -0.64001M -1.00671M -0.17157M -1.30223M -0.03104M
Net borrowings 9.95M -0.13407M 0.03M 0.37M 0.37M
Total cash from financing activities 7.56M 13.41M 0.60M 7.51M 1.67M
Change to operating activities -0.23270M -0.27337M 0.05M -0.01751M -0.08031M
Net income -12.87310M -6.64312M -3.22153M -5.11915M -2.74479M
Change in cash -5.50597M 7.12M -1.50548M 2.08M 0.08M
Begin period cash flow 7.78M 0.65M 2.16M 0.08M 0.00000M
End period cash flow 2.27M 7.78M 0.65M 2.16M 0.08M
Total cash from operating activities -12.07936M -5.13695M -1.85171M -4.30749M -1.57416M
Issuance of capital stock 0.00000M 15.64M 0.00000M 7.94M 1.72M
Depreciation 0.02M 0.01M 0.00906M 0.00811M 0.00330M
Other cashflows from investing activities 0.02M 0.02M 0.02M 0.02M -
Dividends paid - 0.74M - - -
Change to inventory - - - - -
Change to account receivables -0.01662M -0.02335M 0.04M -0.01082M -0.03687M
Sale purchase of stock - - 0.00000M -0.01914M 0.00000M
Other cashflows from financing activities 10.37M -1.48452M 0.60M -0.40950M -0.04786M
Change to netincome -2.11273M 1.13M 1.01M 0.46M 1.02M
Capital expenditures 0.66M 1.01M 0.17M 1.30M 0.03M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -0.17376M 0.37M 0.35M 0.34M 0.15M
Stock based compensation 0.94M 0.93M 0.57M 0.40M 0.21M
Other non cash items 0.00415M 0.80M 0.44M 0.06M 0.81M
Free cash flow -12.73937M -6.14366M -2.02329M -5.60971M -1.60520M

Fundamentals

  • Previous Close 0.15
  • Market Cap2.46M
  • Volume1220777
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-9.31186M
  • Revenue TTM0.00000M
  • Revenue Per Share TTM-
  • Gross Profit TTM 0.00000M
  • Diluted EPS TTM-19.04

Peer Comparison

Sector: Consumer Defensive Industry: Farm Products

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to EBITDA (x)
AGRI
AgriFORCE Growing Systems Ltd
0.0076 5.21% 0.15 - - - 0.08 -2.7582
ADM
Archer-Daniels-Midland Company
-0.56 0.91% 61.00 10.07 10.54 0.39 1.49 0.47 7.11
TSN
Tyson Foods Inc
-0.43 0.70% 60.89 - 24.94 0.34 1.00 0.51 26.68
BG
Bunge Limited
-1.73 1.64% 104.06 7.87 8.47 0.24 1.44 0.30 5.17
MNHVF
Mowi ASA
- -% 16.90 19.37 9.03 1.64 2.33 2.08 8.19

Reports Covered

Stock Research & News

Profile

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.

AgriFORCE Growing Systems Ltd

2233 Columbia Street, Vancouver, BC, Canada, V5Y 0M6

Key Executives

Name Title Year Born
Mr. Ingo Wilhelm Mueller Chairman & CEO 1965
Mr. Richard S. Wong Chief Financial Officer 1965
Mr. Mauro Pennella Chief Marketing Officer & Pres of AgriFORCE Brands Division 1966
Mr. Troy Thomas McClellan Officer, VP of Design & Construction and Pres of Daybreak Ag Systems Ltd 1963
Dr. Laila Benkrima Chief Scientist 1963
Mr. Ian Pedersen Director of Investor Relations 1970
Mr. Andre J. Beaulieu B.A., BA (Hon), L.L.B., LL.B. Gen. Counsel NA
Ms. Denise Sabet Director of Marketing & Communications NA
Ms. Dawn Longshaw VP of HR NA
Mr. Gideon De Jager Chief Strategist & Bus. Devel. NA

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