Farmmi Inc. FY 2025 revenue drops 56.4% to USD 28.0 million

Reuters
Yesterday
Farmmi Inc. FY 2025 revenue drops 56.4% to USD 28.0 million

Farmmi Inc. reported a net loss of USD 53.4 million for the full year ended September 30, 2025, compared to net income in the prior year. Total revenues for the period decreased by 56.4% to USD 28 million. Income tax expense was USD 42 thousand for the year. During the fiscal year, Farmmi Inc. disposed of its subsidiaries Farmmi Holdings Group Co., Ltd. and Zhejiang Farmmi Agricultural Technology Group Co., Ltd. to a third party for a total cash consideration of approximately USD 6 million, resulting in a loss on disposal of USD 3.9 million. The company stated the sale was aimed at streamlining operations and reducing associated costs in China. For the period, 98.66% of Farmmi Inc.'s products were sold in China to domestic distributors, with the remainder sold internationally, including in the U.S., Japan, and Canada. The company also noted the closure of previously tested offline stores and enhancements to its e-commerce presence in recent years.

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