Agrify Corporation Reports Fourth Quarter and Full Year 2024 Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 21 2025
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Source: Newsfilter
Financial Performance Overview: Agrify Corporation reported a revenue of $2.3 million for Q4 2024 and a total revenue of $9.7 million for the fiscal year, down from $15.1 million in 2023, with significant losses attributed to discontinued operations and business disposals.
Strategic Developments: The company secured new financing, expanded its board, and launched its Señorita brand of hemp-derived THC beverages, aiming for growth in the cannabis market while streamlining operations and enhancing its financial team.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
