Farmmi, Inc. logo

Farmmi, Inc.

FAMI

NASDAQConsumer DefensivePackaged Foods

Previous close

$0.0968

−$0.0043 · -4.25%

Aug 21, 4:00 PM ET

FAMI company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

47

Fair Value

Momentum

26

Weakening

Sentiment

55

Mixed

Risk resilience

17

Extreme Risk

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Company profile

Company website

Farmmi, Inc., alongside its subsidiaries, specializes in the processing and global distribution of agricultural products, reaching markets including China, the United States, Japan, Canada, various European nations, Korea, and the Middle East. The company's core product line features shiitake and Mu Er mushrooms, supplemented by an extensive selection of other gourmet fungi such as bamboo fungi, agrocybe aegerila, pleurotus eryngii, coprinus comatus, grifola frondosa, and hericium erinaceus. Additionally, Farmmi engages in the processing of dried mushrooms and dried black fungus. The firm also manages Farmmi Jicai, an e-commerce platform dedicated to selling its edible fungi products under the Forasen and Farmmi Liangpin brands. Its diverse client base includes culinary establishments, institutional food services, specialized local retailers, and its products are also disseminated through a network of distributors. Farmmi, Inc. was founded in 2015 and maintains its corporate headquarters in Lishui, China.

Industry
Packaged Foods
Sector
Consumer Defensive
Headquarters
CN
CEO
Yefang Zhang
Listed since
Feb 16, 2018
Employees
15

Market position

Day range

Current $0.0968

52-week range

Current $0.0968

Open
$0.0953
Previous close
$0.1011
Volume
2.09M
1.12× average
Average volume
1.87M
Average daily volume
Market cap
3.62M USD
Beta
1.95
Market reference 1
50-day average
$0.3992
-75.75% below average
200-day average
$1.104
-91.23% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
23.53M USD
P/E (TTM)
-0×
P/B (TTM)
P/S (TTM)
0.13×
EV / EBITDA
-0.54×
Earnings yield
-1490.73%
Free cash flow yield
1472.38%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
2.87%
Operating margin
-168.91%
Net margin
-189.83%
Return on equity
-42.78%
Return on assets
-36.11%
Return on invested capital
-32.67%

Financial health

Debt / equity
0.17×
Current ratio
9.35×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends33%-48%-129%-210%Gross margin, FY2021: 13.00%Gross margin, FY2022: 5.48%Gross margin, FY2023: 3.88%Gross margin, FY2024: 6.04%Gross margin, FY2025: 2.87%Operating margin, FY2021: 7.26%Operating margin, FY2022: 0.95%Operating margin, FY2023: 1.85%Operating margin, FY2024: 1.24%Operating margin, FY2025: -168.91%Net margin, FY2021: 6.00%Net margin, FY2022: 2.24%Net margin, FY2023: 2.30%Net margin, FY2024: -7.26%Net margin, FY2025: -189.83%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 13.00%. Gross margin FY2022 5.48%. Gross margin FY2023 3.88%. Gross margin FY2024 6.04%. Gross margin FY2025 2.87%. Operating margin FY2021 7.26%. Operating margin FY2022 0.95%. Operating margin FY2023 1.85%. Operating margin FY2024 1.24%. Operating margin FY2025 -168.91%. Net margin FY2021 6.00%. Net margin FY2022 2.24%. Net margin FY2023 2.30%. Net margin FY2024 -7.26%. Net margin FY2025 -189.83%.

Income trends

Revenue

27.97M USD-56.38%

Operating income

−47.25M USD−48.04M USD

Net income

−53.1M USD-1040.76%
Income trends across reported periods126.71M USD61.33M USD−4.06M USD−69.45M USDRevenue, FY2021: 39.29M USDRevenue, FY2022: 99.21M USDRevenue, FY2023: 110.36M USDRevenue, FY2024: 64.13M USDRevenue, FY2025: 27.97M USDOperating income, FY2021: 2.85M USDOperating income, FY2022: 942.37K USDOperating income, FY2023: 2.04M USDOperating income, FY2024: 795.69K USDOperating income, FY2025: −47.25M USDNet income, FY2021: 2.36M USDNet income, FY2022: 2.22M USDNet income, FY2023: 2.54M USDNet income, FY2024: −4.65M USDNet income, FY2025: −53.1M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 39.29M USD. Revenue FY2022 99.21M USD. Revenue FY2023 110.36M USD. Revenue FY2024 64.13M USD. Revenue FY2025 27.97M USD. Operating income FY2021 2.85M USD. Operating income FY2022 942.37K USD. Operating income FY2023 2.04M USD. Operating income FY2024 795.69K USD. Operating income FY2025 −47.25M USD. Net income FY2021 2.36M USD. Net income FY2022 2.22M USD. Net income FY2023 2.54M USD. Net income FY2024 −4.65M USD. Net income FY2025 −53.1M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue27.97M USD64.13M USD110.36M USD99.21M USD39.29M USD
Cost of goods sold27.17M USD60.26M USD106.08M USD93.78M USD34.18M USD
Gross profit801.52K USD3.87M USD4.29M USD5.44M USD5.11M USD
Selling, general, and administrative2.94M USD2.66M USD2.25M USD4.44M USD3.13M USD
Operating expenses48.05M USD3.08M USD2.25M USD4.5M USD2.26M USD
Interest income10.52K USD3.89K USD743.86K USD516.87K USD33.58K USD
Interest expense713.01K USD1.75M USD2.34M USD182.3K USD73.87K USD
Depreciation and amortization3.29M USD588.66K USD289.55K USD367.88K USD68.42K USD
Operating income−47.25M USD795.69K USD2.04M USD942.37K USD2.85M USD
Net income−53.1M USD−4.65M USD2.54M USD2.22M USD2.36M USD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.53

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.580.370.16-0.05Q1 '19Q3 '19Q1 '20Q3 '20Q3 '21Q3 '22
Q1 2019, reported Mar 31, 2019: actual -0.007, estimate —, surprise —, Comparison unavailable. Q3 2019, reported Sep 30, 2019: actual -0.012, estimate —, surprise —, Comparison unavailable. Q1 2020, reported Mar 31, 2020: actual -0.004, estimate —, surprise —, Comparison unavailable. Q3 2020, reported Sep 30, 2020: actual 0.032, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 0.021, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Sep 30, 2022: actual 0.532, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates17.69M12.07M6.44M817.68KQ1 '19Q3 '19Q1 '20Q3 '20Q3 '21Q3 '22
Q1 2019, reported Mar 31, 2019: actual 7.71M USD, estimate —, surprise —, Comparison unavailable. Q3 2019, reported Sep 30, 2019: actual 16.45M USD, estimate —, surprise —, Comparison unavailable. Q1 2020, reported Mar 31, 2020: actual 13.58M USD, estimate —, surprise —, Comparison unavailable. Q3 2020, reported Sep 30, 2020: actual 8.29M USD, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 961.98K USD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Sep 30, 2022: actual 961.98K USD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Mar 17, 2025

1:12

Stock split

Effective Sep 25, 2023

1:8

Stock split

Effective May 31, 2022

1:25

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