Saturday 17 October 2026 Export FAMI’s income statement to Excel — free account

Farmmi, Inc.

Farmmi, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $28.0 million, down 56.4% from fiscal 2024. Operating cash flow growth for three consecutive years.

0.11 0.00 0.00%

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Market cap: $4.2M
P/E: 0.1×
Fwd P/E: 5.8×
Dividend yield: —
F-score: 3/9
Altman Z: −0.68
Beneish M: −5.48
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 98.92%

Capital & Financial Ratios $m

Market Cap 4.22

Revenue 138.50

Net Income (95.86)

Free Cash Flow 48.49

Net Debt (0.25)

Current Ratio 5.64

Debt/Equity 0.00

P/E ratio 0.10

Fwd P/E 5.82

P/S ratio 0.00

P/B ratio 0.00

Past 5Y EPS Growth —

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth 152.48%

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 0.69%

10-year low 10-year high

EV/Sales against its own 10 years 50.85%

10-year low 10-year high

EV/FCF against its own 10 years 25.93%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2020	Powerpack
2019	Powerpack
2018	Powerpack

special payouts not included in total or ratios

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%)

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.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	—	(28.92)
’24	—	—	—	—	(7.92)
’23	—	—	—	—	3.60
’22	—	—	—	—	9.60
’21	—	—	—	—	48.02
’20	—	—	—	—	120.05

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	6,432.00	1,752.00	744.00	480.00	37.44	12.48	2.04	1.26	Analyst estimates 2026–2028 Powerpack
	High	—	—	24,768.00	12,072.00	4,008.00	5,928.00	696.00	110.40	28.20	7.08
People
People	Employees	—	—	122	101	69	67	56	70	42	15
	Revenue/emp, $m	0.00	0.00	0.24	0.31	0.41	0.59	1.77	1.58	1.53	1.86
Income, $m
Income, $m	Revenue	21	27	30	31	28	39	99	110	64	28
	Gross margin, %	16.14	16.97	16.99	17.58	16.40	13.00	5.48	3.88	6.04	2.87
	EBT	3	3	3	0	1	2	2	3	(5)	(53)
	EBT margin, %	12.45	12.29	10.86	(0.90)	3.86	6.19	2.12	2.59	(7.22)	(190.86)
	Net income	2	3	3	0	1	2	2	3	(5)	(53)
	Depreciation	0	0	0	2	1	0	0	2	0	3
Per share, $
Per share, $	Revenue	0.13	6,348.95	6,344.49	6,047.43	4,171.18	917.99	409.80	365.08	108.57	15.24
	Earnings	0.20	785.20	696.28	(72.03)	120.05	48.02	9.60	8.40	(7.92)	(28.92)
	Cash flow	0.00	477.36	(579.79)	(2,112.41)	(237.71)	(1,236.14)	85.24	(250.59)	(28.40)	28.57
	Capex	0.00	(15.83)	(13.77)	(18.61)	(36.35)	(0.14)	(0.01)	0.00	(0.05)	(0.01)
	Free cash flow	0.00	461.52	(593.55)	(2,131.02)	(274.06)	(1,236.29)	85.22	(250.59)	(28.45)	28.56
	Book value	0.04	2,536.40	4,088.00	4,379.92	4,287.53	3,756.83	638.93	535.81	287.82	67.46
	Shares, m	158	0	0	0	0	0	0	0	1	2
Valuation, ×
Valuation, ×	P/E	12.88	12.88	30.88	10.40	1,564.44	363.16	47.16	16.95	2.84	1.70
	P/S	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/B	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	EV/Sales	0.00	0.00	0.00	0.00	0.01	(0.86)	(0.54)	(0.06)	0.01	0.01
	EV/FCF	0.00	0.00	0.00	(0.11)	(0.05)	1.51	4.60	0.13	(0.02)	0.03
Cash, $m
Cash, $m	Operating cash flow	(1)	2	(3)	(11)	(2)	(53)	21	(76)	(17)	52
	Capex	0	0	0	0	0	0	0	0	0	0
	Free cash flow	(1)	2	(3)	(11)	(2)	(53)	21	(76)	(17)	52
Balance, $m
Balance, $m	Working capital	7	11	19	22	29	151	145	147	152	83
	Total debt	4	2	2	1	1	2	2	5	2	2
	Net debt	4	0	(3)	1	(1)	(60)	(75)	(8)	2	1
	Shareholders’ equity	6	11	19	22	29	161	155	162	170	124
Returns, %
Returns, %	ROA	17.16	24.25	17.94	(1.17)	2.40	2.31	1.35	1.50	(2.57)	(31.82)
	ROIC	0.00	20.90	11.74	8.04	5.10	1.76	0.73	0.83	0.29	(28.09)
	ROE	28.66	38.38	21.58	(1.48)	3.20	2.48	1.41	1.61	(2.80)	(36.14)

Negative figures in brackets.

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jan 0001

Charts ten years each

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.	$7.0M	— (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
FAMI Farmmi, Inc.	$4.2M	0.1×	5.8×	+244.11% (above 0%: growing)	−91.24% (below 0%: shrinking)	+88.60% (above 0%: growing)	4.29%	0.00%
NCRA Nocera, Inc.	$4.2M	— (loss-making)	—	−46.13% (below 0%: shrinking)	n/m	−194.28% (below 0%: shrinking)	0.84%	(54.90%)	Compare
SNAX Stryve Foods, Inc.	$3.1M	— (loss-making)	— (loss-making)	+36.39% (above 0%: growing)	n/m	−14.41% (below 0%: shrinking)	21.67%	(40.44%)	Compare
PAVS Paranovus Entertainment Technology Ltd.	$2.9M	— (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
RGFC Real Good Food Company, Inc.	$2.2M	— (loss-making)	— (loss-making)	+47.98% (above 0%: growing)	n/m	+84.37% (above 0%: growing)	20.85%	(15.95%)	Compare
Median of peers	$3.7M	—	—	+19.15%	—	+31.01%	5.30%	(38.18%)

All 71 Packaged Foods stocks →

Farmmi, Inc. (FAMI) key facts

Concern: Farmmi, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $28.0 million, down 56.4% from fiscal 2024.
Farmmi, Inc. (FAMI) is a Packaged Foods company in the Consumer Defensive sector, listed on Nasdaq.
As of October 16, 2026, FAMI traded at $0.11, a market capitalization of $4.2 million.
Return on equity was −36.1% and debt-to-equity 0.00.
Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −0.68 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.