NASDAQ : FAMI
Farmmi, Inc. — Financial statements
Consumer Staples · Packaged Foods · China
Last price 0.0981 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 2.20M
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Financial statements
Farmmi, Inc. (FAMI) reported revenue of 18.22M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 18.22M | 27.97M | 64.13M | 110.36M | 99.21M | 39.29M |
| Cost of Revenue | 19.32M | 27.17M | 60.26M | 106.08M | 93.78M | 34.18M |
| Gross Profit | -1.10M | 801.52K | 3.87M | 4.29M | 5.44M | 5.11M |
| Selling, General & Admin | 2.51M | 2.94M | 2.66M | 2.28M | 4.44M | 3.13M |
| Operating Expenses | 76.96M | 48.05M | 3.08M | 2.25M | 4.50M | 2.26M |
| Operating Income | -78.06M | -47.25M | 795.68K | 2.04M | 942.37K | 2.85M |
| Interest Expense | -401.20K | -713.01K | -1.75M | -2.34M | -182.30K | -73.87K |
| Interest & Investment Income | 30.27K | 10.52K | 3.89K | 743.86K | 516.87K | 33.58K |
| Currency Exchange Gain (Loss) | -370.00K | |||||
| Other Non Operating Income (Expenses) | 1.54M | 1.53M | 265.43K | 2.41M | 828.68K | -9.22K |
| EBT Excluding Unusual Items | -76.46M | -46.42M | -685.85K | 2.86M | 2.11M | 2.43M |
| Gain (Loss) on Sale of Assets | 1.65M | 1.90M | -3.94M | |||
| Asset Writedown | -8.87M | -8.87M | ||||
| Pretax Income | -90.72M | -53.39M | -4.63M | 2.86M | 2.11M | 2.43M |
| Income Tax Expense | 42.00 | 42.00 | 264.00 | 313.49K | -118.37K | 25.57K |
| Earnings From Continuing Operations | -90.72M | -53.39M | -4.63M | 2.54M | 2.22M | 2.41M |
| Earnings From Discontinued Operations | -49.38K | |||||
| Net Income to Company | -90.72M | -53.39M | -4.63M | 2.54M | 2.22M | 2.36M |
| Minority Interest in Earnings | 559.84K | 287.34K | -26.91K | |||
| Net Income | -90.16M | -53.10M | -4.65M | 2.54M | 2.22M | 2.36M |
| Net Income to Common | -90.16M | -53.10M | -4.65M | 2.54M | 2.22M | 2.36M |
| Shares Outstanding (Basic) | 7.00M | 1.84M | 590.69K | 302.41K | 242.16K | 42.85K |
| Shares Outstanding (Diluted) | 7.00M | 1.84M | 590.69K | 704.41K | 242.16K | 43.52K |
| EPS (Basic) | -12.88 | -28.92 | -7.88 | 8.41 | 9.18 | 55.04 |
| EPS (Diluted) | -12.88 | -28.92 | -7.88 | 3.61 | 9.18 | 54.19 |
| Free Cash Flow | 36.19M | 52.45M | -16.80M | -75.75M | 20.63M | -52.91M |
| Free Cash Flow Per Share | 5.17 | 28.56 | -28.45 | -107.54 | 85.20 | -1,215.72 |
| Gross Margin | -6.05% | 2.87% | 6.04% | 3.88% | 5.48% | 13.00% |
| Operating Margin | -428.40% | -168.91% | 1.24% | 1.85% | 0.95% | 7.26% |
| Profit Margin | -494.82% | -189.83% | -7.26% | 2.31% | 2.24% | 6.00% |
| Free Cash Flow Margin | 198.62% | 187.50% | -26.20% | -68.64% | 20.80% | -134.67% |
| EBITDA | -77.91M | -47.02M | 1.02M | 2.29M | 1.22M | 2.92M |
| EBITDA Margin | -168.10% | 1.59% | 2.07% | 1.23% | 7.43% | |
| D&A For EBITDA | 149.14K | 226.79K | 224.36K | 244.08K | 282.60K | 68.42K |
| EBIT | -78.06M | -47.25M | 795.68K | 2.04M | 942.37K | 2.85M |
| EBIT Margin | -168.91% | 1.24% | 1.85% | 0.95% | 7.26% | |
| Effective Tax Rate | 10.97% | 1.05% | ||||
| Revenue as Reported | 18.22M | 27.97M | 64.13M | 110.36M | 99.21M | 39.29M |
Balance sheet
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 249.25K | 803.48K | 486.52K | 12.79M | 41.17M | 59.25M |
| Short-Term Investments | 35.15M | 2.79M | ||||
| Cash & Short-Term Investments | 249.25K | 803.48K | 486.52K | 12.79M | 76.32M | 62.05M |
| Accounts Receivable | 36.34M | 44.10M | 32.46M | 24.68M | 19.88M | 24.47M |
| Other Receivables | 65.67K | 312.36K | 110.96K | 7.50M | ||
| Receivables | 36.40M | 44.10M | 32.77M | 24.79M | 27.38M | 24.47M |
| Inventory | 38.80M | 47.85M | 127.62M | 120.25M | 49.35M | 68.09M |
| Restricted Cash | 621.00 | |||||
| Other Current Assets | 1.67M | 372.26K | 1.05M | 347.23K | 206.57K | 696.59K |
| Total Current Assets | 77.15M | 93.13M | 161.93M | 158.17M | 153.25M | 155.31M |
| Property, Plant & Equipment | 14.58M | 16.48M | 7.44M | 540.99K | 579.22K | 856.15K |
| Long-Term Investments | 6.93M | 7.03M | 6.90M | 140.58K | ||
| Other Intangible Assets | 6.75K | 40.08K | ||||
| Long-Term Accounts Receivable | 19.68M | 28.62M | ||||
| Long-Term Deferred Tax Assets | 163.21K | |||||
| Other Long-Term Assets | 881.63K | 1.88M | 10.33M | 9.19M | 9.64M | 9.49M |
| Total Assets | 114.89M | 147.03M | 186.73M | 174.80M | 163.78M | 165.69M |
| Accounts Payable | 469.49K | 15.70K | 70.00K | 1.11M | 197.14K | 56.46K |
| Accrued Expenses | 1.05M | |||||
| Short-Term Debt | 2.52M | 2.52M | 5.26M | 8.20M | 2.19M | 2.17M |
| Current Portion of Long-Term Debt | 202.41K | 676.28K | 1.51M | |||
| Current Portion of Leases | 3.69M | 5.03M | 3.39M | 69.06K | 46.54K | 155.53K |
| Current Unearned Revenue | 484.86K | 600.00K | 22.61K | 400.00K | 600.00K | 12.18K |
| Other Current Liabilities | 5.46M | 1.79M | 1.12M | 260.94K | 3.75M | 1.75M |
| Total Current Liabilities | 13.67M | 9.96M | 10.06M | 10.71M | 8.29M | 4.15M |
| Long-Term Debt | 1.81M | 2.18M | 1.65M | 292.29K | 142.26K | |
| Long-Term Leases | 10.48M | 11.41M | 4.03M | 458.62K | 517.16K | 605.79K |
| Other Long-Term Liabilities | 454.02K | |||||
| Total Liabilities | 24.14M | 23.18M | 16.72M | 12.82M | 9.10M | 4.89M |
| Common Stock | 13.16M | 2.14M | 1.22M | 597.77K | 557.78K | |
| Additional Paid-In Capital | 194.58M | 161.43M | 161.57M | 160.57M | 152.16M | 147.09M |
| Retained Earnings | -76.26M | -39.15M | 13.95M | 18.60M | 16.06M | 10.10M |
| Comprehensive Income & Other | -26.84M | -11.31M | -7.66M | -18.42M | -14.13M | 2.13M |
| Total Common Equity | 91.48M | 124.12M | 169.99M | 161.98M | 154.68M | 159.88M |
| Minority Interest | -740.57K | -260.43K | 26.91K | 916.51K | ||
| Shareholders' Equity | 90.74M | 123.86M | 170.02M | 161.98M | 154.68M | 160.79M |
| Total Liabilities & Equity | 114.89M | 147.03M | 186.73M | 174.80M | 163.78M | 165.69M |
| Total Debt | 16.69M | 20.77M | 15.05M | 11.06M | 4.55M | 3.08M |
| Net Cash (Debt) | -16.44M | -19.97M | -14.57M | 1.73M | 71.77M | 58.97M |
| Net Cash Per Share | -2.35 | -10.87 | -24.66 | 2.46 | 296.35 | 1,354.90 |
| Filing Date Shares Outstanding | 13.82M | 13.82M | 1.21M | 524.32K | 249.03K | 232.41K |
| Total Common Shares Outstanding | 13.82M | 5.48M | 889.91K | 507.84K | 249.03K | 232.41K |
| Working Capital | 63.48M | 83.17M | 151.87M | 147.46M | 144.97M | 151.16M |
| Book Value Per Share | 6.62 | 22.64 | 191.02 | 318.95 | 621.14 | 687.91 |
| Tangible Book Value | 91.48M | 124.12M | 169.99M | 161.98M | 154.68M | 159.84M |
| Tangible Book Value Per Share | 6.62 | 22.64 | 191.02 | 318.95 | 621.12 | 687.74 |
| Machinery | 464.90K | 46.12K | 97.49K | 130.47K | 133.94K | 145.95K |
Cash flow statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -90.44M | -53.10M | -4.65M | 2.54M | 2.22M | 2.36M |
| Depreciation & Amortization | 3.70M | 3.29M | 588.66K | 289.55K | 367.88K | 68.42K |
| Other Amortization | 117.69K | 294.70K | 60.30K | 1.69M | 48.16K | |
| Loss (Gain) From Sale of Assets | -1.65M | -1.90M | 3.94M | -5.47K | 15.24K | -55.80K |
| Asset Writedown & Restructuring Costs | 8.87M | 8.87M | ||||
| Loss (Gain) From Sale of Investments | 7.04M | 137.79K | 98.81K | 145.84K | ||
| Stock-Based Compensation | 2.01M | 1.26M | ||||
| Provision & Write-off of Bad Debts | 31.92M | 34.35M | 280.16K | 7.92K | -89.00 | -116.86K |
| Other Operating Activities | 42.23M | 10.57M | 1.43M | -750.13K | -984.71K | -636.61K |
| Change in Accounts Receivable | -11.47M | -15.95M | -10.55M | -9.05M | 6.48M | -13.04M |
| Change in Inventory | 24.74M | 66.55M | -10.73M | -74.57M | 13.28M | -42.20M |
| Change in Accounts Payable | 331.43K | 841.73K | 3.01M | 946.28K | 156.60K | 26.40K |
| Change in Other Net Operating Assets | 21.64M | -1.35M | -285.87K | 3.04M | -3.11M | -893.91K |
| Operating Cash Flow | 36.61M | 52.46M | -16.78M | -75.75M | 20.64M | -52.91M |
| Capital Expenditures | -418.76K | -16.67K | -29.45K | -314.00 | -2.95K | -4.69K |
| Cash Acquisitions | -1.52M | |||||
| Divestitures | -41.30K | -60.54K | 2.10M | 13.00K | 2.66M | |
| Sale (Purchase) of Intangibles | -1.36K | |||||
| Investment in Securities | -44.63M | -59.63M | 28.36M | -35.60M | -2.77M | |
| Other Investing Activities | 7.53M | -7.53M | -9.48M | |||
| Investing Cash Flow | -47.68M | -59.70M | 2.07M | 35.90M | -41.99M | -12.26M |
| Short-Term Debt Issued | 5.72M | 9.15K | 13.40K | 490.00K | ||
| Long-Term Debt Issued | 4.44M | 2.18M | 4.78M | 1.96M | 2.31M | |
| Total Debt Issued | 6.35M | 4.44M | 7.90M | 4.79M | 1.97M | 2.80M |
| Short-Term Debt Repaid | -2.70M | -6.66M | -12.49K | -54.60K | -5.54M | |
| Long-Term Debt Repaid | -4.81M | -171.72K | -1.69M | -2.28M | -628.93K | |
| Total Debt Repaid | -7.85M | -7.51M | -6.84M | -1.70M | -2.34M | -6.16M |
| Net Debt Issued (Repaid) | -1.50M | -3.07M | 1.06M | 3.09M | -365.13K | -3.36M |
| Issuance of Common Stock | 11.85M | 10.63M | 762.70K | 7.93M | 12.00M | 126.03M |
| Other Financing Activities | 80.20K | -252.49K | ||||
| Financing Cash Flow | 10.43M | 7.56M | 1.83M | 11.02M | 11.63M | 122.41M |
| Foreign Exchange Rate Adjustments | 2.95K | -3.53K | 576.59K | 462.26K | -8.36M | -150.20K |
| Net Cash Flow | -641.08K | 317.58K | -12.30M | -28.38M | -18.08M | 57.10M |
| Free Cash Flow | 36.19M | 52.45M | -16.80M | -75.75M | 20.63M | -52.91M |
| Free Cash Flow Margin | 198.62% | 187.50% | -26.20% | -68.64% | 20.80% | -134.67% |
| Free Cash Flow Per Share | 5.17 | 28.56 | -28.45 | -107.54 | 85.20 | -1,215.72 |
| Levered Free Cash Flow | -57.27M | 43.90M | -16.59M | -69.43M | 21.95M | -54.58M |
| Unlevered Free Cash Flow | -57.13M | 44.06M | -15.56M | -69.66M | 22.01M | -54.53M |
| Cash Interest Paid | 235.33K | 288.40K | 65.56K | 165.18K | 82.97K | 116.70K |
| Cash Income Tax Paid | 1.21K | 67.57K | 5.44K | 22.10K | ||
| Change in Working Capital | 35.25M | 50.09M | -18.56M | -79.63M | 16.81M | -56.11M |
Ratios
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.25M | 2.55M | 2.77M | 9.51M | 13.31M | 130.73M |
| Enterprise Value | 18.69M | 14.46M | 8.01M | -49.80M | -38.28M | 122.57M |
| Last Close Price | 0.10 | 1.94 | 3.21 | 19.23 | 53.44 | 1,110.00 |
| PE Ratio | 3.74 | 5.99 | 55.43 | |||
| PS Ratio | 0.12 | 0.09 | 0.04 | 0.09 | 0.13 | 3.33 |
| PB Ratio | 0.01 | 0.02 | 0.02 | 0.06 | 0.09 | 0.81 |
| P/TBV Ratio | 0.02 | 0.02 | 0.02 | 0.06 | 0.09 | 0.82 |
| P/FCF Ratio | 0.06 | 0.05 | 0.65 | |||
| P/OCF Ratio | 0.06 | 0.05 | 0.65 | |||
| EV/Sales Ratio | 1.02 | 0.52 | 0.12 | 3.12 | ||
| EV/EBITDA Ratio | 7.85 | 41.96 | ||||
| EV/EBIT Ratio | 10.07 | 42.97 | ||||
| EV/FCF Ratio | 0.51 | 0.28 | ||||
| Debt / Equity Ratio | 0.18 | 0.17 | 0.09 | 0.07 | 0.03 | 0.02 |
| Debt / EBITDA Ratio | 14.76 | 4.84 | 0.11 | 0.07 | ||
| Debt / FCF Ratio | 0.46 | 0.40 | 0.22 | |||
| Net Debt / Equity Ratio | 0.18 | 0.16 | 0.09 | -0.01 | -0.46 | -0.37 |
| Net Debt / EBITDA Ratio | -0.21 | -0.42 | 14.28 | -0.76 | -58.59 | -20.19 |
| Net Debt / FCF Ratio | 0.45 | 0.38 | -0.87 | 0.02 | -3.48 | 1.11 |
| Asset Turnover | 0.11 | 0.17 | 0.35 | 0.65 | 0.60 | 0.39 |
| Inventory Turnover | 0.27 | 0.31 | 0.49 | 1.25 | 1.60 | 0.75 |
| Quick Ratio | 2.68 | 4.51 | 3.31 | 3.51 | 12.51 | 20.87 |
| Current Ratio | 5.64 | 9.35 | 16.10 | 14.76 | 18.49 | 37.45 |
| Return on Equity (ROE) | -70.61% | -36.33% | -2.79% | 1.61% | 1.41% | 2.54% |
| Return on Assets (ROA) | -28.26% | -17.70% | 0.27% | 0.75% | 0.36% | 1.75% |
| Return on Invested Capital (ROIC) | -72.83% | -28.77% | 0.46% | 1.49% | 1.02% | 4.14% |
| Return on Capital Employed (ROCE) | -77.10% | -34.50% | 0.50% | 1.20% | 0.60% | 1.80% |
| Earnings Yield | -12,832.96% | -2,081.07% | -168.21% | 26.75% | 16.71% | 1.80% |
| FCF Yield | 1,643.55% | 2,055.46% | -607.31% | -796.72% | 155.00% | -40.47% |
| Buyback Yield / Dilution | -708.30% | -210.83% | 16.14% | -190.88% | -456.41% |