Farmmi, Inc.

FAMI

Consumer Defensive Packaged Foods

Farmmi, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $28.0 million, down 56.4% from fiscal 2024.

0.09 0.00 0.00%
Market cap
$3.2M
P/E
0.1×
Fwd P/E
5.8×
Dividend yield
—
F-score
3/9
ROIC
0.00%
Net debt / EBITDA
0.0×
Dividend safety
n/a

Insider Decisions last twelve months

Net bought
—
Trades
0 sells · 0 buys
Ownership
98.9%

Capital & Financial Ratios $m

Size
Market Cap 3
Revenue ttm 139
Net income ttm (96)
Free cash flow ttm 48
Net debt Q 0
Valuation
P/E 0.1
Forward P/E 5.8
Price / sales n/m
Forward P/S Powerpack
Price / FCF n/m
Price / book n/m
Financial health
Current ratio Q 5.6 (at or above 1.5: strong)
Debt / equity Q n/m
Interest coverage Q —
Growth
Revenue growth Q +244.1% (above 0%: growing)
Operating income growth Q —
EPS, this year —
EPS, next year A —
Revenue, next year A +152.5% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates; n/m is not meaningful, as a P/E on a loss. How we judge →

Valuation vs history

P/E against its own 10 years 0.05%
10-year low 10-year high
EV/Sales against its own 10 years 51.92%
10-year low 10-year high
EV/FCF against its own 10 years 27.15%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 13 0 1 0
Receivables 25 33 13 20
Inventory 4 5 2 —
Other 117 123 47 41
158 162 93 77
2023 2024 2025 Q'26
Payables 1 0 0 0
ST’ Debt 3 0 — —
Other 1 1 2 3
11 10 10 14

Compound Annual Growth %

10y 5y 3y
Sales — (0.28%) (34.43%)
Cash Flow — 0.00% 36.48%
Earnings — 0.00% 0.00%
Book Value — 33.55% (7.14%)

EPS $

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — (28.92)
’24 — — — — (7.92)
’23 — — — — 3.60
’22 — — — — 9.60
’21 — — — — 54.12
’20 — — — — 120.05
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 28
’24 — — — — 64
’23 — — — — 110
’22 — — — — 99
’21 — — — — 39
’20 — — — — 28
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 52
’24 — — — — (17)
’23 — — — — (76)
’22 — — — — 21
’21 — — — — (53)
’20 — — — — (2)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (2) — — — —
’25 15 — 52 — 52
’24 (15) — (17) — (17)
’23 (11) — (76) — (76)
’22 6 — 21 — 21
’21 10 — (53) — (53)
’20 6 — (2) — (2)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to September

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Mar ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 21 27 30 31 28 39 99 110 64 28 139 +3.4% — — — —
Gross margin, % 16.14 16.97 16.99 17.58 16.40 13.00 5.48 3.88 6.04 2.87 7.62 (13.3) pt
EBT 3 3 3 0 1 2 2 3 (5) (53) 5 n/m
EBT margin, % 12.45 12.29 10.86 (0.90) 3.86 6.19 2.12 2.59 (7.22) (190.86) 3.28 (203.3) pt
Net income 2 3 3 0 1 2 2 3 (5) (53) (96) n/m
Per share, $
Per share, $ Revenue 0.13 6,348.95 6,344.49 6,074.83 4,171.18 917.99 409.80 365.08 108.57 15.24 0.00 +69.6%
Earnings 0.20 785.20 696.28 (60.56) 120.05 54.96 9.60 8.40 (7.92) (28.92) 1.14 n/m
Cash flow 0.00 477.36 (579.79) (2,121.98) (237.71) (1,236.14) 85.24 (250.59) (28.40) 28.57 0.00 n/m
Capex 0.00 (15.83) (13.77) (18.69) (36.35) (0.14) (0.01) 0.00 (0.05) (0.01) 0.00 n/m
Free cash flow 0.00 461.52 (593.55) (2,140.67) (274.06) (1,236.29) 85.22 (250.59) (28.45) 28.56 0.00 n/m
Book value 0.04 2,536.40 4,088.00 4,399.76 4,287.53 3,756.83 638.93 535.81 287.82 67.46 0.00 +128.1%
Shares, m 158 0 0 0 0 0 0 0 1 2 — (39.1%)
Valuation, ×
Valuation, × P/E 12.88 12.88 30.88 10.40 1,559.53 365.14 46.89 16.95 2.82 1.70 0.07 206.0
P/S 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
P/B 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
EV/Sales 0.00 0.00 0.00 0.00 0.01 (0.86) (0.54) (0.06) 0.01 0.01 0.01 (0.1)
EV/FCF 0.00 0.00 0.00 (0.11) (0.05) 1.51 4.60 0.13 (0.02) 0.03 0.04 0.6
Cash, $m
Cash, $m Operating cash flow (1) 2 (3) (11) (2) (53) 21 (76) (17) 52 49 n/m
Capex 0 0 0 0 0 0 0 0 0 0 0 +11.8%
Free cash flow (1) 2 (3) (11) (2) (53) 21 (76) (17) 52 48 n/m
Balance, $m
Balance, $m Working capital 7 11 19 22 29 151 145 147 152 83 63 +31.2%
Net debt 4 0 (3) 1 (1) (60) (75) (8) 2 1 0 (14.0%)
Shareholders’ equity 6 11 19 22 29 161 155 162 170 124 91 +39.0%
Returns, %
Returns, % ROA 17.16 24.25 17.94 (1.17) 2.40 2.31 1.35 1.50 (2.57) (31.82) 0.00 (49.0) pt
ROIC 0.00 20.90 11.74 8.04 5.10 1.76 0.73 0.83 0.29 (28.09) 0.00 (28.1) pt
ROE 28.66 38.38 21.58 (1.48) 3.20 2.48 1.41 1.61 (2.80) (36.14) 0.00 (64.8) pt
People
People Employees — — 122 101 69 67 56 70 42 15 — (25.9%)
Revenue/emp, $m 0.00 0.00 0.24 0.31 0.41 0.59 1.77 1.58 1.53 1.86 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jan 0001 · fundamentals updated 26 Oct 2026

Farmmi, Inc. vs peers in Packaged Foods (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CIMG CIMG Inc. $7.4M — (loss-making) — (loss-making) +3,424.84% (above 0%: growing) n/m +76.43% (above 0%: growing) 0.03% (39.33%) Compare
NAII Natural Alternatives International, Inc. $6.3M — (loss-making) 6.0× +1.90% (above 0%: growing) n/m −190.11% (below 0%: shrinking) 5.00% (38.18%) Compare
ABVEF Above Food Ingredients Inc. $5.8M — (loss-making) — — n/m +325.10% (above 0%: growing) — 0.00% Compare
NCRA Nocera, Inc. $3.8M — (loss-making) — −28.52% (below 0%: shrinking) n/m −194.28% (below 0%: shrinking) 0.84% (54.90%) Compare
FAMI Farmmi, Inc. $3.2M 0.1× 5.8× +244.11% (above 0%: growing) −91.24% (below 0%: shrinking) +88.60% (above 0%: growing) 4.29% 0.00%
PAVS Paranovus Entertainment Technology Ltd. $2.6M — (loss-making) — (loss-making) −8.96% (below 0%: shrinking) −582.47% (below 0%: shrinking) +88.21% (above 0%: growing) 5.59% 0.00% Compare
ORISF Oriental Rise Holdings Limited $2.3M — — — — −105.36% (below 0%: shrinking) — — Compare
MEHA Functional Brands Inc. $1.9M — (loss-making) — +2.07% (above 0%: growing) n/m −209.98% (below 0%: shrinking) 59.89% (70.59%) Compare
CYAN Cyanotech Corporation $1.7M — (loss-making) 2.4× +11.12% (above 0%: growing) n/m +204.00% (above 0%: growing) 42.38% 7.00% Compare
Median of peers $3.2M — — +1.99% — −14.47% 5.30% (38.18%)

All 68 Packaged Foods stocks →

Farmmi, Inc. (FAMI) Latest News

2 Oct

29 Jun

Impact 4 · · Stocktwits

13 Aug

22 Jul

Impact 4 · · PR Newswire

2 Jul

Impact 4 · · PR Newswire

28 May

Impact 4 · · Simply Wall St.

25 Oct

Impact 3 · · PR Newswire

22 Sep

5 Sep

Impact 3 · · PR Newswire

24 Aug

Impact 3 · · PR Newswire

10 Aug

Impact 3 · · PR Newswire
stockrow.com/FAMI · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com