Farmmi Inc. has reported its financial results for the six months ended March 31, 2025. The company recorded revenues of $16.1 million, a significant decrease from the $36.4 million reported in the same period of the previous year. The cost of revenues was $15.3 million, compared to $34.3 million in the prior year, resulting in a gross profit of $0.8 million, down from $2.1 million. The company reported a net loss of $44,016 for the period, contrasting with a net income of $630,492 in the previous year. The comprehensive loss attributable to Farmmi Inc. was $4.7 million, compared to a comprehensive income of $1.4 million in the prior year. Farmmi Inc. reported a basic and diluted loss per ordinary share of $0.04, compared to a basic and diluted earnings per ordinary share of $1.20 in the same period of the previous year. The company did not provide specific guidance or outlook for the remainder of the fiscal year ending September 30, 2025, and noted that the operating results for the six months ended March 31, 2025, are not necessarily indicative of the results that may be expected for the full year.
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