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AgriFORCE Growing Systems Ltd

Company price
None USD 0.00(0%)
Last update at 2026-02-19T21:03:23.836535Z
Market Cap
3.49M

Momentum Score

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AgriFORCE Growing Systems Ltd., an agriculture-focused technology company, focuses on the development and commercialization of plant-based ingredients and products that deliver healthier and nutritious solutions. The company operates in AgriFORCE Solutions and AgriFORCE Brands segments. It offers controlled environment agriculture equipment; management advisory services; and holds intellectual property, as well as engages in the real estate holding and development business; and food products manufacturing activities. The company was formerly known as Canivate Growing Systems Ltd. and changed its name to AgriFORCE Growing Systems Ltd. in November 2019. AgriFORCE Growing Systems Ltd. was incorporated in 2017 and is headquartered in Vancouver, Canada.

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52 Week Price Range
0.08
Low
22.50
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
-
Dividend Yield
-
Revenue TTM
0.02M
Revenue Per Share
0.01
Gross Profit TTM
0.00M
Debt / Equity
0.48
ROE
-122.81%
Net Debt
0.25M
ROCE
-120.58%
Diluted EPS TTM
-7.42

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -12.87M -6.64M -3.22M -5.12M -2.74M
Net income -9.48M -7.13M -3.10M -5.12M -2.74M
Selling general administrative 12.35M 6.37M 3.20M 3.81M 1.75M
Selling and marketing expenses 0.39M - - - -
Gross profit -13.66M -0.37M - - -
Reconciled depreciation 0.02M 0.01M 0.01M 0.01M 0.00M
Ebit -13.66M -6.93M -3.33M -5.12M -2.70M
Ebitda -13.56M -7.29M -3.46M -5.10M -2.70M
Depreciation and amortization 0.10M -0.36M -0.13M 0.02M 0.00M
Operating income -13.66M -6.93M -3.33M -5.12M -2.74M
Other operating expenses 13.66M 6.93M 3.35M 5.12M 2.72M
Interest expense 3.40M 0.48M 0.00M 0.00M 0.00M
Net interest income -3.40M -0.48M - - -
Income tax expense -3.40M 0.48M -0.12M 0.00M 0.02M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 13.66M 6.93M 3.35M 5.12M 2.72M
Cost of revenue 13.66M 0.37M - - -
Total other income expense net 0.78M 0.29M 0.11M -0.00M -0.02M
Net income from continuing ops -12.87M -6.64M -3.22M -5.12M -2.74M
Net income applicable to common shares -12.87M -7.38M -4.17M -5.57M -2.74M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 17.37M 21.85M 11.77M 3.37M 4.37M
Intangible assets 12.73M 13.09M 1.48M - -
Other current assets 0.27M 0.05M 0.06M 0.04M 0.09M
Total liab 8.80M 11.30M 3.77M 1.96M 1.38M
Total stockholder equity 8.56M 10.54M 8.00M 1.40M 2.99M
Deferred long term liab - - - 0.39M -
Other current liab 1.36M 0.65M 1.87M 0.94M 0.45M
Common stock 49.83M 27.14M 25.64M 5.70M 3.73M
Capital stock 49.83M 27.14M 25.64M 12.41M 10.44M
Retained earnings -44.51M -32.77M -19.90M -12.52M -8.35M
Other liab - 4.65M 1.43M - -
Other assets - 2.09M 0.05M 0.39M -
Cash 3.88M 2.27M 7.78M 0.65M 2.16M
Total current liabilities 6.04M 5.36M 2.29M 1.93M 1.38M
Current deferred revenue 0.02M - - - -
Net debt 0.25M 3.24M -7.73M -0.62M -2.16M
Short term debt 4.08M 4.21M - - -
Short long term debt 4.08M 3.94M - - -
Short long term debt total 4.13M 5.51M 0.05M 0.03M -
Other stockholder equity 3.47M 16.82M 2.30M 1.39M 0.74M
Property plant equipment - 3.75M 2.12M 2.10M 2.07M
Total current assets 4.22M 2.92M 8.12M 0.88M 2.30M
Long term investments 0.22M - - - -
Net tangible assets - -2.55M 6.52M -5.31M -3.72M
Net receivables 0.03M 0.05M 0.03M 0.01M 0.05M
Long term debt 0.05M 0.04M 0.05M 0.03M -
Inventory 0.04M 0.55M 0.25M 0.17M 0.01M
Accounts payable 0.58M 0.50M 0.41M 0.99M 0.92M
Accumulated other comprehensive income -0.23M -0.64M -0.03M 0.12M 0.16M
Common stock total equity - - - 5.70M 3.73M
Non currrent assets other 0.06M 4.18M 0.05M 0.39M -
Non current assets total 13.15M 18.93M 3.65M 2.49M 2.07M
Capital lease obligations 0.00M 1.52M - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -0.64M -1.01M -0.17M -1.30M -0.03M
Change to liabilities 0.08M 0.66M 0.26M 0.37M 0.26M
Total cashflows from investing activities -0.64M -1.01M -0.17M -1.30M -0.03M
Net borrowings 9.95M -0.13M 0.03M 0.37M 0.37M
Total cash from financing activities 7.56M 13.41M 0.60M 7.51M 1.67M
Change to operating activities -0.23M -0.27M 0.05M -0.02M -0.08M
Net income -12.87M -6.64M -3.22M -5.12M -2.74M
Change in cash -5.51M 7.12M -1.51M 2.08M 0.08M
Begin period cash flow 7.78M 0.65M 2.16M 0.08M 0.00M
End period cash flow 2.27M 7.78M 0.65M 2.16M 0.08M
Total cash from operating activities -12.08M -5.14M -1.85M -4.31M -1.57M
Issuance of capital stock 0.00M 15.64M 0.00M 7.94M 1.72M
Depreciation 0.02M 0.01M 0.01M 0.01M 0.00M
Other cashflows from investing activities 0.02M 0.02M 0.02M 0.02M -
Dividends paid - 0.74M - - -
Change to account receivables -0.02M -0.02M 0.04M -0.01M -0.04M
Sale purchase of stock - - 0.00M -0.02M 0.00M
Other cashflows from financing activities 10.37M -1.48M 0.60M -0.41M -0.05M
Change to netincome -2.11M 1.13M 1.01M 0.46M 1.02M
Capital expenditures 0.66M 1.01M 0.17M 1.30M 0.03M
Change in working capital -0.17M 0.37M 0.35M 0.34M 0.15M
Stock based compensation 0.94M 0.93M 0.57M 0.40M 0.21M
Other non cash items 0.00M 0.80M 0.44M 0.06M 0.81M
Free cash flow -12.74M -6.14M -2.02M -5.61M -1.61M

Peer Comparison*

Sector: Consumer Defensive Industry: Farm Products

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
ADM
Archer-Daniels-Midland Company
-0.50
0.71%
69.97 23.66 16.45 0.51 1.77 0.61 12.88
BG
Bunge Global SA
0.56
0.57%
99.10 25.52 14.53 0.35 1.53 0.54 15.43
TSN
Tyson Foods Inc
-0.43
0.72%
59.68 - 24.94 0.34 1.00 0.51 26.68
MNHVF
Mowi ASA
-
-%
23.55 15.54 15.90 1.89 2.37 2.20 9.26

Profile*

AgriFORCE Growing Systems Ltd

AgriFORCE Growing Systems Ltd., an agriculture-focused technology company, focuses on the development and commercialization of plant-based ingredients and products that deliver healthier and nutritious solutions. The company operates in AgriFORCE Solutions and AgriFORCE Brands segments. It offers controlled environment agriculture equipment; management advisory services; and holds intellectual property, as well as engages in the real estate holding and development business; and food products manufacturing activities. The company was formerly known as Canivate Growing Systems Ltd. and changed its name to AgriFORCE Growing Systems Ltd. in November 2019. AgriFORCE Growing Systems Ltd. was incorporated in 2017 and is headquartered in Vancouver, Canada.

2233 Columbia Street, Vancouver, BC, Canada, V5Y 0M6

604 757 0952

7

Name Title Year Born
Mr. Ingo Wilhelm Mueller Chairman & CEO 1965
Mr. Richard S. Wong Chief Financial Officer 1965
Mr. Mauro Pennella Chief Marketing Officer & Pres of AgriFORCE Brands Division 1966
Mr. Troy Thomas McClellan Officer, VP of Design & Construction and Pres of Daybreak Ag Systems Ltd 1963
Dr. Laila Benkrima Chief Scientist 1963
Mr. Ian Pedersen Director of Investor Relations 1970
Mr. Andre J. Beaulieu B.A., BA (Hon), L.L.B., LL.B. Gen. Counsel NA
Ms. Denise Sabet Director of Marketing & Communications NA
Ms. Dawn Longshaw VP of HR NA
Mr. Gideon De Jager Chief Strategist & Bus. Devel. NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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