Core Viewpoint - Farmmi, Inc. has established a wholly-owned U.S. subsidiary, Bluesage Marketing Inc., marking its entry into the AI-driven digital marketing industry, which signifies a strategic shift from traditional supply chain services to brand building and customer acquisition [1][3]. Group 1: Strategic Development - The establishment of Bluesage Marketing Inc. is seen as a milestone for the company, extending its business from product supply to commercial enablement [1]. - The new subsidiary will integrate advanced AI and Big Data analytics to provide cross-border marketing solutions, contributing to overall profitability through digital services [2]. Group 2: Ecosystem Building - The new business aims to connect backend logistics fulfillment with frontend customer acquisition, enhancing customer stickiness and competitiveness [3]. - The CEO of Farmmi emphasized that this operational expansion will create a more complete supply chain system featuring "Smart Logistics + Smart Marketing," enabling end-to-end empowerment for global clients [3]. Group 3: Company Overview - Farmmi, Inc. was founded in 1998 and focuses on agricultural products, particularly edible mushrooms, distributing high-quality goods through established channels to global markets [4].

Core Insights - Farmmi's U.S. subsidiary, Suppchains Group, has achieved a significant regulatory milestone by receiving its official Food Facility Registration from the U.S. FDA, which is crucial for its operations in the food logistics sector [1] Group 1: Regulatory Achievement - The warehousing facility in Chino, California, has been assigned Registration Number 11416872272 by the U.S. FDA, allowing the company to operate legally in food-related warehousing and logistics [1] - This FDA registration is a decisive step in constructing a comprehensive, high-compliance logistics ecosystem for Farmmi [1] Group 2: Business Operations - Farmmi is focused on providing one-stop solutions for cross-border e-commerce through a technology-driven global supply chain service [1] - The company can now lawfully conduct various logistics services, including warehousing, distribution, storage, shipment, and inventory management for food products, dietary supplements, and certain agricultural products in compliance with U.S. federal regulations [1]

Core Viewpoint - Farmmi, Inc. has achieved a significant regulatory milestone with its U.S. subsidiary, Suppchains Group Inc., receiving FDA registration for its warehousing facility in Chino, California, enabling compliance with U.S. food-related operations [1][4]. Group 1: Regulatory Milestone - The FDA registration allows the facility to conduct food-related warehousing, distribution, storage, shipment, inventory, and logistics services in accordance with U.S. federal regulations [2][4]. - The registration number for the facility is 11416872272, marking a decisive step in building a high-compliance logistics ecosystem [1][2]. Group 2: Operational Capabilities - The registered facility can handle a diverse range of food categories, including coffee and tea, vegetable oils, grain products, condiments, and agricultural commodities [3]. - The facility is also registered to support the storage and distribution of dietary supplements, including vitamins, minerals, and proteins, as well as meal replacement and nutritional food products [4]. Group 3: Market Expansion - This registration enables the company to penetrate the growing cross-border nutritional and wellness market, which is increasingly focused on food safety and health [4]. - The CEO of Farmmi emphasized that this milestone supports the gradual expansion of supply chain services and may improve revenue composition and operating performance [4].

Core Viewpoint - Greenpro Capital Corp. is a financial services company operating primarily in the Asia-Pacific region, involved in sectors such as real estate, technology, and finance, with competitors including Farmmi, Inc. and Oxbridge Re Holdings Limited [1] Financial Performance - Greenpro's Return on Invested Capital (ROIC) is -24.25%, significantly lower than its Weighted Average Cost of Capital (WACC) of 11.52%, indicating inefficiencies in capital utilization [2] - Farmmi, Inc. has a slightly better ROIC of -0.44% and a WACC of 11.51%, suggesting it is closer to breaking even compared to its peers [3] - Oxbridge Re Holdings Limited shows a negative ROIC of -40.06% with a WACC of 13.44%, indicating it is also not generating sufficient returns to cover its cost of capital [4] - Overall, all companies analyzed are operating below their cost of capital, with Farmmi, Inc. appearing to be the closest to achieving a positive return relative to its cost of capital [4]

Core Insights - Farmmi, Inc. has signed a lease for a new warehouse in Robbinsville, New Jersey, expanding its U.S. warehousing footprint to 640,000 square feet [1][2] - The new facility aims to enhance logistics and distribution capabilities, supporting customer demand and improving supply chain efficiency [2] Company Overview - Farmmi, Inc. is a China-based agricultural products supplier, specializing in edible fungi and other agricultural products, with a focus on global markets [3] - The company initiated warehouse and logistics services in the U.S. in 2024 to facilitate cargo transfer and bonded warehouse services [3]

Financial Performance - Revenues for the six months ended March 31, 2025, were $16.14 million, a decrease of 55.7% from $36.44 million in the same period of 2024[11]. - Gross profit for the six months ended March 31, 2025, was $814,574, down 62.0% from $2.15 million in the prior year[11]. - Net loss attributable to Farmmi, Inc. for the six months ended March 31, 2025, was $44,016, compared to a net income of $630,492 in the same period of 2024[11]. - The company reported a comprehensive loss of $4.70 million for the six months ended March 31, 2025, compared to a comprehensive income of $1.43 million in the same period of 2024[11]. - For the six months ended March 31, 2025, the net loss was $251,658, compared to a net income of $630,492 for the same period in 2024, indicating a significant decline in performance[18]. - Basic earnings per share for the six months ended March 31, 2025, was $(0.04), a decrease from $1.20 in 2024[61]. - Total revenue for the six months ended March 31, 2025, was $16,144,309, a decrease of 56% compared to $36,443,887 for the same period in 2024[142]. Assets and Liabilities - Total assets increased to $230.43 million as of March 31, 2025, compared to $186.73 million as of September 30, 2024, representing a growth of 23.4%[6]. - Total current liabilities increased significantly to $58.57 million as of March 31, 2025, from $10.51 million as of September 30, 2024[7]. - Total shareholders' equity decreased to $166.23 million as of March 31, 2025, from $170.02 million as of September 30, 2024, a decline of 2.3%[8]. - The company experienced a significant change in accounts receivable, with a net decrease of $8,418,637[18]. - As of March 31, 2025, accounts receivable amounted to $4,645,440, a significant decrease from $32,763,352 as of September 30, 2024[93]. - The allowance for doubtful accounts was $8,801 as of March 31, 2025, compared to approximately $302,914 as of September 30, 2024[93]. - Total liabilities of disposed entities were $1,349,339 as of March 31, 2025, compared to $529,144 in the previous period[151]. Cash Flow and Investments - Cash and cash equivalents rose to $890,336 as of March 31, 2025, compared to $486,522 as of September 30, 2024, marking an increase of 83.1%[6]. - Cash flows from operating activities provided $14,569,967, a substantial improvement compared to a cash outflow of $14,901,185 in the prior year[18]. - The total cash at the end of the period was $890,336, down from $1,124,449 at the end of the previous year[19]. - The company made a long-term investment purchase of $15,000,000 during the period[18]. - Long-term investments increased to $106,047,950 as of March 31, 2025, compared to $7,032,573 as of September 30, 2024[109]. - The company incurred an equity investment loss of $431,180 for the six months ended March 31, 2025[112]. - The company plans to acquire a 45% equity stake in Ewayforest Group Limited for a total purchase price of approximately $99,676,733, with payments structured over several months[111]. Expenses and Costs - The company experienced a significant increase in interest expense, which rose to $231,704 for the six months ended March 31, 2025, compared to $1.32 million in the same period of 2024[11]. - The company incurred interest expenses of $184,176, a decrease from $1,113,582 in the previous year[18]. - Total shipping and handling expenses for the six months ended March 31, 2025, were $47,352, up from $40,101 for the same period in 2024, indicating an increase of approximately 18.1%[71]. - The Company reported a depreciation expense of $8,863, up from $5,572 in the previous year[18]. - The Company reported a net loss of $163,632 for the six months ended September 30, 2025, compared to a net income of $60,683 in the prior year[152]. Revenue Sources - Revenue from Shiitake mushrooms was $6,668,963, down from $9,806,605 in the previous year, while Mu Er revenue decreased from $7,329,253 to $5,255,756[142]. - Revenue from logistic services was $3,407,535, a new revenue stream not present in the previous year[142]. - The PRC accounted for $12,736,774 of total revenue, significantly down from $36,443,887 in the prior year, while the United States contributed $3,407,535[142]. Agreements and Contracts - The company signed a framework cooperation agreement with Zhongjin Boda for the purchase of agricultural products, valid for two years, as of August 5, 2023[97]. - The company also signed a two-year agricultural product framework agreement with Ningbo Runcai on August 25, 2023, focusing on red dates and corn[98]. - An agreement was signed to divest 100% interest in Farmmi Food and Farmmi Supply Chain for a total cash consideration of RMB20,000 ($2,754)[26]. Shareholder Information - The weighted average number of ordinary shares increased to 1,077,719 for the six months ended March 31, 2025, compared to 527,569 in the same period of 2024[12]. - The Company consolidated its ordinary shares at a ratio of one-for-twelve, reducing the number of shares from 500,000,000 to 41,666,667[125]. - For the six months ended March 31, 2025, 1,202,189 ordinary shares were issued for the redemption of $338,009 of the note[126]. Tax and Regulatory Matters - The Company is subject to a value-added tax (VAT) rate of 9% or 13% based on the new Chinese tax law, which may impact revenue recognition[73]. - The Company had no disputes with PRC tax authorities during the reporting periods, and no tax penalties were incurred[73]. Risk Factors - The Company does not carry business interruption or product liability insurance, increasing potential risks for investors[81]. - The Company is currently evaluating the impact of new accounting standards issued by the FASB, which may affect future disclosures[85].

Core Points - Farmmi, Inc. has regained compliance with NASDAQ's minimum bid price requirement, confirming that the matter is now closed [1] - The company is an agricultural products supplier, processor, and retailer, specializing in edible mushrooms and other agricultural products [2] Company Overview - Farmmi, Inc. was established in 1998 and operates in the agricultural sector, focusing on products like Shiitake and Mu Er mushrooms [2] - The company utilizes established distribution channels to sell its products [2]

Core Insights - Farmmi, Inc. has officially opened a new warehouse in New Jersey, USA, on March 27, 2025, covering approximately 49,800 square feet, which represents a significant expansion of its logistics and warehousing operations on the U.S. East Coast [1][2] Company Expansion - The new logistics hub is operated by Farmmi's U.S. subsidiary, Farmmi USA Inc., located on Randolph Road in Somerset, New Jersey [2] - This expansion will enhance the company's warehousing capabilities, streamline logistics operations, reduce shipping costs for customer orders in the Eastern U.S., and shorten delivery times [2] Strategic Goals - The Chairwoman and CEO of Farmmi, Ms. Yefang Zhang, emphasized the company's commitment to optimizing its distribution network to better serve its growing customer base with high-quality products [2] - The launch of the New Jersey facility is expected to strengthen Farmmi's competitiveness in the U.S. market and improve operational efficiency, supporting long-term strategic goals [2] Company Overview - Farmmi, Inc. was founded in 1998 and operates as an agricultural products supplier, processor, and logistics service provider, focusing on edible mushrooms and other agricultural products [3] - The company distributes high-quality agricultural goods to the global market primarily through established distribution channels [3]

Core Insights - Farmmi, Inc. has expanded its U.S. logistics and warehousing operations to the East Coast, marking a significant milestone in its business expansion strategy [1][2] - The new warehouse located in Somerset, New Jersey, will enhance the company's warehousing capabilities, optimize logistics operations, and shorten delivery times for East Coast customers [2] - The CEO of Farmmi emphasized the importance of this expansion in strengthening the company's competitiveness in the U.S. market and advancing long-term strategic objectives [3] Company Overview - Farmmi, Inc. was founded in 1998 and specializes in the processing, sales, and retail of agricultural products, particularly edible fungi such as shiitake mushrooms and black fungus [3] - The company supplies high-quality agricultural products to global markets through both online and offline channels [3]

Core Points - Farmmi, Inc. announced a share consolidation at a ratio of one-for-twelve, effective March 17, 2025, to comply with Nasdaq listing requirements [1][2] - The consolidation will reduce the number of issued and outstanding ordinary shares from 15,007,123 to approximately 1,250,500 and authorized shares from 500,000,000 to 41,666,667 [4] Company Overview - Farmmi, Inc. is an agricultural products supplier, processor, and retailer specializing in edible mushrooms and other agricultural products, established in 1998 [5]