AGRI Research | Milton Maxwell

AGRI

Avax One Technology Ltd.

2.3300

+0.2900+14.2%

Nov 12, 4:00:01 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

216.95M

P/E (TTM)

0.00

Basic EPS (TTM)

2119.77

Dividend Yield

Recent Filings

8-K

11/20/25Nov 20, 2025

8-K

11/13/25Nov 13, 2025

8-K

11/6/25Nov 6, 2025

8-K

AgriForce issues equity for conversions

9/18/25Sep 18, 2025

AgriForce Growing Systems issued restricted common shares on September 15 and 17, 2025, to partially convert debentures held by Pioneer Capital Anstalt (156,155 shares) and Anson entities (248,000 shares combined). The board also approved equity grants on September 17 for director compensation and bonuses, including 42,194 shares each to four directors and 105,485 to two executives for prior services. These unregistered issuances, locked up from January 2025, strengthen insider alignment but dilute existing shareholders.

10-Q

Q2 FY2025 results

8/14/25Aug 14, 2025

AgriFORCE Growing Systems ramped up its sustainable Bitcoin mining in Q2 FY2025 ended June 30, 2025, posting revenue of $452K, up sharply from $41K a year earlier, driven by the Bald Eagle acquisition that boosted hash rate over 600%. Yet operating loss widened to $1.5M from $1.2M y/y, with costs climbing on repairs, wages, and depreciation for new miners, while net loss ballooned to $8.1M from $4.2M due to a $4.6M debt extinguishment hit and $904K RCS disposal loss—net exceeding operating by over 20% from those items plus $966K interest accretion. Cash dipped to $185K amid $3.1M operating burn, offset by $8.5M fresh debenture proceeds; free cash flow not disclosed in the 10-Q. The Bald Eagle deal closed January 2025 for $4.8M cash, adding $1.5M goodwill and intangibles amortized over undisclosed lives, with no synergies stated. Debt totals $8.6M maturing mostly 2026 at 5-8%, plus a $200K 11% loan secured by 3 BTC. Bitcoin volatility poses a key risk.

About

AgriFORCE Growing Systems Ltd., a technology company, focuses on the development and commercialization of plant-based ingredients and products that deliver healthier and nutritious solutions. The company operates through Unthink Food, Radical Clean Solutions, Bitcoin Mining segments. It offers controlled environment agriculture equipment; provides management advisory services; holds intellectual property; engages in the real estate holding and development business; and manufactures hydroxyl devices and food products. It is also involved in the Bitcoin mining business. 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.

CEO

Mr. David Ryan Welch

IPO

7/8/2021

Website

https://agriforcegs.com

Employees

Sector

Consumer Defensive

Industry

Farm Products