MARKETS / NASDAQ / FAMI

NASDAQ · CANNED, FRUITS, VEG, PRESERVES, JAMS & JELLIES · SMALL CAP

Farmmi, Inc. FAMI

10 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$28.0M

▼ 56.4% YoY

Net income

$-53.1M

Free cash flow

$52.4M

In brief

What this company does

We are a supplier of agricultural products. Our business has historically been focused on the processing and/or sales of a variety of mushrooms, edible fungi and other agricultural products. Farmmi, Inc. (“FAMI”), is a Cayman Islands holding company incorporated on July 28, 2015. We conduct our operations in China principally through our foreign-owned PRC subsidiaries. In February 2018, FMI completed its initial public offering and its Ordinary Shares commenced trading on Nasdaq under the symbol “FAMI.” For the year ended September 30, 2025, we sold approximately 96.31% of our products in China and 3.69% outside mainland China, including in the U.S., Japan, Canada, and other countries or regions.

Written from the business description in Farmmi, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 10 February 2026. Every sentence was checked against that document before publication.

Growth

USD 28.0M

Revenue, FY2025 · full 10-year series below

Revenue $M Net income $M

FY2025 · Revenue 28.0 · Net income -53.1

Compound annual growth

Revenue

−34.4%

−0.3%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at −0.3% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−191 cents

lost on every revenue dollar

Operating margin Net margin

FY2025 · Operating -200.6% · Net -190.9%

ROE

FY2025 · ROE -36.1%

Gross margin2.9%

Operating margin-200.6%

Net margin-190.9%

Return on assets-32.0%

EBITDAUSD -55.9M

Each USD of equity lost 36 cents this year.

Cash & shareholders

—

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 52.4

Total assetsUSD 147.0M

EquityUSD 124.1M

CashUSD 804,098.00

Gross debtUSD 1.8M

Net debtUSD 1.0M

Current ratio9.35×

Net debt stands at 1% of equity.

The 10-year record

10 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Revenue $B	0.0	0.1	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0
Operating income $B	−0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
EBITDA $B	−0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Income tax $B	0.0	0.0	0.0	−0.0	−0.0	0.0	0.0	0.0	0.0	0.0
Net income $B	−0.1	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Free cash flow $B	0.1	−0.0	−0.1	0.0	−0.1	−0.0	−0.0	−0.0	0.0	−0.0
EPS, diluted $	−28.92	−7.88	3.61	0.77	4.51	1.25	−0.03	0.27	0.33	0.23
Dividend / sh $	·	·	·	·	·	·	·	·	·	·
Payout %	·	·	·	·	·	·	·	·	·	·
ROE %	−36.1	−2.8	1.6	1.4	2.5	3.2	4.1	22.9	33.5	·
Shares out B	0.01	0.00	0.01	0.00	0.02	0.02	0.01	0.01	0.01	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 48 reconciliationsAUDITED

Reconciled in 10 of 19 fiscal years. 47 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityCanned, Fruits, Veg, Preserves, Jams & Jellies

Listed onNASDAQ

Incorporated inoutside the United States — SEC code E9

Fiscal year endsSeptember 30

Data on record since2016