Business
AGI Announces Fourth Quarter 2025 Results, Provides Corporate Update and Restructuring Plan
Ag Growth International Inc. (TSX: AFN) (“AGI”, the “Company”, ȁ...
About this update from Ag Growth International Inc.
[{"type":"text","content":"AGI Announces Fourth Quarter 2025 Results, Provides Corporate Update and Restructuring Plan\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl3 { padding-left: 15px }\n.bwpadl5 { padding-left: 25px }\n.bwpadr0 { padding-right: 0px }\n.bwrowaltcolor1 { background-color: #d3d3d3 }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwuline { text-decoration: underline }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth100 { width: 100% }\n.bwwidth16 { width: 16% }\n.bwwidth21 { width: 21% }\n.bwwidth30 { width: 30% }\n.bwwidth32 { width: 32% }\n.bwwidth36 { width: 36% }\n.bwwidth37 { width: 37% }\n.bwwidth70 { width: 70% }\n \n\n\n\n Ag Growth International Inc. (TSX: AFN) (“AGI”, the “Company”, “we”, or “our”) today announced its financial results for the three-month period ending December 31, 2025.\n \n\n\n\n Fourth Quarter 2025 Highlights\n \n\n\n\n\n Revenue of $396 million increased by 4% year-over-year (“YOY”)\n \n\n Adjusted EBITDA\n \n 1\n \n of $48 million decreased by 38% YOY\n \n\n Adjusted EBITDA Margin %\n \n 2\n \n of 12.2% declined by 829 basis points YOY, primarily due to lower Farm volumes impacting overhead absorption, execution‑related issues on traditional equipment-only projects in Brazil that led to cost overruns, warranty charges, and bad debt write-offs, as well as product mix and production efficiency issues in our North American Commercial business\n \n\n Net debt leverage ratio\n \n 2\n \n of 4.7x at Dec 31, 2025 vs 3.9x at Sept 30, 2025 and 3.1x at Dec 31, 2024\n \n\n The investment vehicle in Brazil designed to monetize financing receivables provided by AGI collected inflows of $7 million to-date with notable progress on securing material additional inflows near-term\n \n\n\n\n\n Outlook\n \n\n\n\n\n Order book\n \n 3\n \n down 26% YOY to $543 million as of December 31, 2025 primarily owing to the execution of se...