| Annual · values | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Gross Margin | 6.87% | 31.29% | -54.58% | 8.74% | 4.72% | -5.99% |
| Operating Margin | -127.92% | -119.49% | -210.55% | -56.23% | -104.38% | -75.61% |
| EBITDA Margin | -113.05% | -117.51% | -105.45% | -56.25% | -30.34% | -75.37% |
| Net Margin | -431.26% | -110.56% | -323.22% | -54.00% | -179.03% | -74.41% |
| Current Ratio | — | — | — | — | — | — |
| Quick Ratio | — | — | — | — | — | — |
| Debt / Equity | 0.01 | -1.19 | -0.22 | 0.01 | -0.13 | — |
| ROE | -148.62% | 126.78% | 2082.81% | -23.52% | 335.28% | 377.89% |
| ROA | -77.28% | -41.20% | -270.22% | -17.76% | -99.08% | -94.27% |
| Asset Turnover | 0.18 | 0.37 | 0.84 | 0.33 | 0.55 | 1.27 |
| Book Value / Share | 27.53 | -148.00 | -650.24 | 21597.36 | -1576.84 | -190.44 |
Agrify Corporation is a branded consumer products company operating in the cannabis and hemp industries, headquartered in North Carolina. The company has undergone a significant strategic transformation, shifting from its original focus on cultivation technology to developing and marketing hemp-derived THC beverages and cannabis brand intellectual property. Its flagship product is the Señorita brand, offering hemp-derived Delta-9 THC beverages as alcohol alternatives in flavors like Lime Jalapeño Margarita. Beyond consumer beverages, Agrify maintains a business-to-business extraction solutions segment, providing specialized equipment for hydrocarbon, ethanol, solventless, and post-processing extraction to licensed cannabis and hemp producers, processors, and laboratories. This dual-channel approach combines consumer packaged goods distribution with equipment sales, representing a shift away from the capital-intensive cultivation facility model of its earlier operations. The company serves both individual consumers aged 21 and above seeking non-alcoholic alternatives and professional cannabis industry operators requiring advanced extraction technologies. Agrify's current market positioning reflects its evolution into a focused player in the high-growth, federally legal hemp-derived psychoactive beverage segment.