Farmmi, Inc. Reports Mid-Year Financials

Farmmi (FAMI) has released an update.

Farmmi, Inc. has reported its unaudited condensed consolidated financial statements for the six months ending March 31, 2024. The company saw a decrease in cash and total assets compared to the previous six months, with current assets standing at approximately $155.3 million. Revenue for the period was $36.4 million, a decrease from the previous year, with a gross profit of $2.1 million and operating income of $913,565.

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