Farmmi (FAMI) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.
For further insights into FAMI stock, check out TipRanks’ Stock Analysis page.