AAGR
Income statement / Annual
Last year (2023), African Agriculture Holdings Inc.'s total revenue was $1.82 M,
an increase of 167.58% from the previous year.
In 2023, African Agriculture Holdings Inc.'s net income was -$43.06 M.
See African Agriculture Holdings Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
| Operating Revenue |
$1.82 M
|
$679,196.00
|
$0.00
|
| Cost of Revenue |
$1.36 M |
$784,351.00 |
$0.00 |
| Gross Profit |
$458,585.00 |
-$105,155.00 |
$0.00 |
| Gross Profit Ratio |
0.25 |
-0.15 |
0 |
| Research and Development
Expenses |
$0.00
|
$101,893.00
|
$0.00
|
| General & Administrative
Expenses |
$40.40 M
|
$24.43 M
|
$2.59 M
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$40.40 M
|
$24.43 M
|
$2.59 M
|
| Other Expenses |
$1.02 M |
$42,350.00 |
$45,351.00 |
| Operating Expenses |
$41.42 M |
$25.56 M |
$3.51 M |
| Cost And Expenses |
$42.78 M |
$26.34 M |
$3.51 M |
| Interest Income |
-$386,274.00 |
$0.00 |
$0.00 |
| Interest Expense |
$1.66 M |
$954,768.00 |
$493,882.00 |
| Depreciation &
Amortization |
$351,849.00
|
$368,615.00
|
$303,723.00
|
| EBITDA |
-$40.17 M
|
-$24.88 M
|
-$3.16 M
|
| EBITDA Ratio |
-22.1 |
-37.18 |
0 |
| Operating Income Ratio
|
-22.54
|
-37.79
|
0
|
| Total Other
Income/Expenses Net |
-$2.10 M
|
-$587,910.00
|
$1.97 M
|
| Income Before Tax |
-$43.06 M |
-$26.25 M |
-$3.48 M |
| Income Before Tax Ratio
|
-23.69
|
-38.65
|
0
|
| Income Tax Expense |
$0.00 |
$997,118.00 |
$463,483.00 |
| Net Income |
-$43.06 M |
-$26.25 M |
-$3.41 M |
| Net Income Ratio |
-23.69 |
-38.65 |
0 |
| EPS |
-1.21 |
-0.59 |
-0.0894 |
| EPS Diluted |
-1.21 |
-0.59 |
-0.0894 |
| Weighted Average Shares
Out |
$35.72 M
|
$44.63 M
|
$38.13 M
|
| Weighted Average Shares
Out Diluted |
$35.72 M
|
$44.63 M
|
$38.13 M
|
| Link |
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