AGRI: Agriforce Growing Systems Ltd Financial Statements

Balance sheet, income statement, and cash flow statements for Agriforce Growing Systems Ltd (AGRI).

OverviewDividends

$3.67M Market Cap.

As of 04/07/2025 5:00 PM ET (MRY) • Disclaimer

AGRI Market Cap. (MRY)


AGRI Shares Outstanding (MRY)


AGRI Assets (MRY)


Total Assets

$10.76M

Total Liabilities

$4.65M

Total Investments

$26.28K

AGRI Income (MRY)


Revenue

$67.89K

Net Income

-$16.27M

Operating Expense

$10.33M

AGRI Cash Flow (MRY)


CF Operations

-$5.27M

CF Investing

-$1.87M

CF Financing

$3.61M

AGRI Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$10,763,983 (-38.02%)

$17,367,927 (-20.50%)

$21,846,893 (85.69%)

$11,765,386 (249.55%)

Assets Current

$1,307,233 (-69.03%)

$4,221,166 (44.73%)

$2,916,603 (-64.07%)

$8,116,656 (827.17%)

Assets Non-Current

$9,456,750 (-28.07%)

$13,146,761 (-30.55%)

$18,930,290 (418.82%)

$3,648,730 (46.51%)

Goodwill & Intangible Assets

$8,602,631 (-32.44%)

$12,733,885 (-2.72%)

$13,089,377 (786.07%)

$1,477,237 (0%)

Shareholders Equity

$6,111,253 (-28.65%)

$8,564,580 (-18.76%)

$10,542,653 (31.78%)

$8,000,103 (470.02%)

Property Plant & Equipment Net

$808,895 (545.22%)

$125,367 (-96.66%)

$3,754,953 (77.05%)

$2,120,885 (1.02%)

Cash & Equivalents

$489,868 (-87.37%)

$3,878,578 (70.91%)

$2,269,320 (-70.81%)

$7,775,290 (1089.96%)

Accumulated Other Comprehensive Income

-$1,158,294 (-254.66%)

-$326,596 (49.18%)

-$642,710 (-1842.54%)

-$33,086 (-127.79%)

Deferred Revenue

$0 (0%)

$15,336 (0%)

$0 (0%)

$0 (0%)

Total Investments

$26,282 (-88.26%)

$223,801 (0%)

$0 (0%)

$0 (0%)

Investments Current

$26,282 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$223,801 (0%)

$0 (0%)

$0 (0%)

Inventory

$42,443 (9.23%)

$38,857 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$115,520 (274.35%)

$30,859 (-36.95%)

$48,941 (51.40%)

$32,326 (260.26%)

Trade & Non-Trade Payables

$2,583,295 (33.02%)

$1,942,011 (69.20%)

$1,147,739 (-49.79%)

$2,286,039 (18.39%)

Accumulated Retained Earnings (Deficit)

-$60,782,119 (-36.57%)

-$44,507,304 (-35.80%)

-$32,774,094 (-64.69%)

-$19,900,992 (-58.93%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$1,484,908 (-64.05%)

$4,130,008 (-25.01%)

$5,507,386 (11537.13%)

$47,326 (50.64%)

Debt Current

$1,443,209 (-64.67%)

$4,084,643 (-3.05%)

$4,213,026 (0%)

$0 (0%)

Debt Non-Current

$41,699 (-8.08%)

$45,365 (-96.50%)

$1,294,360 (2634.99%)

$47,326 (50.64%)

Total Liabilities

$4,652,730 (-47.15%)

$8,803,347 (-22.12%)

$11,304,240 (200.22%)

$3,765,283 (91.87%)

Liabilities Current

$4,320,265 (-28.50%)

$6,041,990 (12.71%)

$5,360,765 (134.50%)

$2,286,039 (18.39%)

Liabilities Non-Current

$332,465 (-87.96%)

$2,761,357 (-53.54%)

$5,943,475 (301.79%)

$1,479,244 (4608.42%)

AGRI Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$67,887 (316.97%)

$16,281 (0%)

$0 (0%)

$0 (0%)

Cost of Revenue

$89,115 (556.37%)

$13,577 (0%)

$0 (0%)

$0 (0%)

Selling General & Administrative Expense

$3,618,990 (-26.21%)

$4,904,555 (-30.41%)

$7,047,555 (100.92%)

$3,507,668 (102.27%)

Research & Development Expense

$211,354 (3107.68%)

$6,589 (-98.93%)

$615,693 (29.80%)

$474,338 (282.79%)

Operating Expenses

$10,330,797 (-7.39%)

$11,155,610 (-18.31%)

$13,656,268 (97.09%)

$6,928,818 (107.12%)

Interest Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Income Tax Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$16,274,815 (-38.71%)

-$11,733,210 (8.85%)

-$12,873,102 (-93.78%)

-$6,643,116 (-106.21%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$16,274,815 (-38.71%)

-$11,733,210 (8.85%)

-$12,873,102 (-93.78%)

-$6,643,116 (-106.21%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$735,932 (-22.38%)

Net Income Common Stock

-$16,274,815 (-38.71%)

-$11,733,210 (8.85%)

-$12,873,102 (-74.45%)

-$7,379,048 (-76.97%)

Weighted Average Shares

$713,627 (-38.51%)

$1,160,523 (220.94%)

$361,606 (61.95%)

$223,286 (41.19%)

Weighted Average Shares Diluted

$713,627 (-38.51%)

$1,160,523 (220.94%)

$361,606 (61.95%)

$223,286 (41.19%)

Earning Before Interest & Taxes (EBIT)

-$16,274,815 (-38.71%)

-$11,733,210 (8.85%)

-$12,873,102 (-93.78%)

-$6,643,116 (-106.21%)

Gross Profit

-$21,228 (-885.06%)

$2,704 (0%)

$0 (0%)

$0 (0%)

Operating Income

-$10,352,025 (7.18%)

-$11,152,906 (18.33%)

-$13,656,268 (-97.09%)

-$6,928,818 (-107.12%)

AGRI Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$1,869,785 (-731.02%)

-$225,000 (64.84%)

-$640,014 (36.43%)

-$1,006,713 (-486.75%)

Net Cash Flow from Financing

$3,609,686 (-56.37%)

$8,274,072 (9.44%)

$7,560,106 (-43.60%)

$13,405,471 (2116.51%)

Net Cash Flow from Operations

-$5,271,278 (18.97%)

-$6,505,072 (46.15%)

-$12,079,359 (-135.15%)

-$5,136,947 (-177.42%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$3,388,710 (-310.58%)

$1,609,258 (129.23%)

-$5,505,970 (-177.31%)

$7,121,880 (573.06%)

Net Cash Flow - Business Acquisitions and Disposals

-$1,029,848 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

-$225,000 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$839,937 (0%)

$0 (0%)

-$140,014 (82.09%)

-$781,713 (-355.61%)

Issuance (Repayment) of Debt Securities

$834,070 (-88.23%)

$7,084,377 (-14.75%)

$8,310,106 (4192.28%)

-$203,068 (-746.36%)

Issuance (Purchase) of Equity Shares

$2,775,616 (106.69%)

$1,342,915 (0%)

$0 (0%)

$15,887,913 (2282.43%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$142,667 (118.62%)

$65,258 (118.82%)

-$346,703 (-147.77%)

-$139,931 (-60.85%)

Share Based Compensation

$85,539 (-88.79%)

$763,226 (-18.89%)

$940,945 (1.12%)

$930,524 (62.90%)

Depreciation Amortization & Accretion

$667,061 (-1.88%)

$679,844 (2933.26%)

$22,413 (89.99%)

$11,797 (30.22%)

AGRI Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

-31.30% (-288.55%)

16.60%

-

-

Profit Margin

-23973.40% (66.73%)

-72066.90%

-

-

EBITDA Margin

-22990.80% (66.14%)

-67891.20%

-

-

Return on Average Equity (ROAE)

-197.00% (-31.95%)

-149.30% (-3.39%)

-144.40% (5.68%)

-153.10% (19.25%)

Return on Average Assets (ROAA)

-122.40% (-89.77%)

-64.50% (-4.37%)

-61.80% (31.18%)

-89.80% (16.70%)

Return on Sales (ROS)

-23973.40% (66.73%)

-72066.90%

-

-

Return on Invested Capital (ROIC)

1464.70% (434.79%)

-437.50% (-165.96%)

-164.50% (81.69%)

-898.20% (-129.84%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0%

Price to Earnings Ratio (P/E)

-0.1 (-126.09%)

-0.05 (97.11%)

-1.59 (49.49%)

-3.15

Price to Sales Ratio (P/S)

24.91 (-25.62%)

33.49

-

-

Price to Book Ratio (P/B)

0.6 (670.51%)

0.08 (-95.37%)

1.68 (-56.99%)

3.92

Debt to Equity Ratio (D/E)

0.76 (-25.97%)

1.03 (-4.10%)

1.07 (127.60%)

0.47 (-66.31%)

Earnings Per Share (EPS)

-22.81 (-125.62%)

-10.11 (71.52%)

-35.5 (-7.58%)

-33 (-24.53%)

Sales Per Share (SPS)

0.1 (578.57%)

0.01 (0%)

0 (0%)

0 (0%)

Free Cash Flow Per Share (FCFPS)

-8.56 (-52.79%)

-5.61 (83.41%)

-33.79 (-27.48%)

-26.51 (-107.18%)

Book Value Per Share (BVPS)

8.56 (16.04%)

7.38 (-74.69%)

29.16 (-18.63%)

35.83 (303.71%)

Tangible Assets Book Value Per Share (TABVPS)

3.03 (-24.14%)

3.99 (-83.51%)

24.22 (-47.44%)

46.08 (116.48%)

Enterprise Value Over EBIT (EV/EBIT)

0 (0%)

-1 (0.00%)

-1 (66.67%)

-3

Enterprise Value Over EBITDA (EV/EBITDA)

-0.22 (60.71%)

-0.56 (53.68%)

-1.21 (62.77%)

-3.25

Asset Turnover

0.01 (400.00%)

0 (0%)

0 (0%)

0 (0%)

Current Ratio

0.3 (-56.65%)

0.7 (28.49%)

0.54 (-84.68%)

3.55 (683.89%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$6,111,215 (6.05%)

-$6,505,072 (46.76%)

-$12,219,373 (-106.46%)

-$5,918,660 (-192.53%)

Enterprise Value (EV)

$3,439,262 (-44.44%)

$6,190,243 (-60.15%)

$15,534,363 (-27.86%)

$21,532,923

Earnings Before Tax (EBT)

-$16,274,815 (-38.71%)

-$11,733,210 (8.85%)

-$12,873,102 (-93.78%)

-$6,643,116 (-106.21%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$15,607,754 (-41.20%)

-$11,053,366 (13.99%)

-$12,850,689 (-93.79%)

-$6,631,319 (-106.42%)

Invested Capital

-$1,163,873 (-0.64%)

-$1,156,518 (-117.43%)

$6,634,817 (2320.18%)

$274,146 (-66.28%)

Working Capital

-$3,013,032 (-65.48%)

-$1,820,824 (25.50%)

-$2,444,162 (-141.92%)

$5,830,617 (652.37%)

Tangible Asset Value

$2,161,352 (-53.36%)

$4,634,042 (-47.08%)

$8,757,516 (-14.88%)

$10,288,149 (205.66%)

Market Capitalization

$3,674,201 (453.17%)

$664,209 (-96.26%)

$17,756,363 (-43.31%)

$31,320,347

Average Equity

$8,260,793 (5.12%)

$7,858,364 (-11.84%)

$8,913,306 (84.88%)

$4,821,036 (119.23%)

Average Assets

$13,301,768 (-26.93%)

$18,203,339 (-12.59%)

$20,824,719 (153.38%)

$8,218,869 (112.48%)

Invested Capital Average

-$1,111,110 (-141.43%)

$2,681,604 (-65.74%)

$7,826,688 (958.20%)

$739,621 (-10.28%)

Shares

1,550,296 (9.68%)

1,413,511 (349.77%)

314,272 (4.35%)

301,157 (7.11%)