Reviewing Lendway (NASDAQ:LDWY) and African Agriculture (NASDAQ:AAGR)

Insider and Institutional Ownership

20.5% of African Agriculture shares are held by institutional investors. Comparatively, 6.6% of Lendway shares are held by institutional investors. 48.4% of African Agriculture shares are held by insiders. Comparatively, 13.2% of Lendway shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Earnings & Valuation

This table compares African Agriculture and Lendway”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
African Agriculture	$1.75 million	0.00	-$43.06 million	N/A	N/A
Lendway	$18.80 million	0.41	$2.41 million	($1.98)	-2.21

Lendway has higher revenue and earnings than African Agriculture.

Volatility & Risk

African Agriculture has a beta of -0.73, indicating that its stock price is 173% less volatile than the S&P 500. Comparatively, Lendway has a beta of 1.85, indicating that its stock price is 85% more volatile than the S&P 500.

Profitability

This table compares African Agriculture and Lendway’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
African Agriculture	N/A	N/A	-228.81%
Lendway	N/A	-21.56%	-4.32%

Summary

Lendway beats African Agriculture on 5 of the 8 factors compared between the two stocks.

About African Agriculture

African Agriculture Holdings Inc., through its subsidiary Les Fermes de la Teranga SA, develops commercial farming business focusing on the production and sale of alfalfa for cattle feed and nutrition purposes in Africa. The company is based in New York, New York. African Agriculture Holdings Inc. is a subsidiary of Global Commodities & Investments Ltd.

About Lendway

Lendway, Inc. operates as a specialty agricultural and finance company focusing on making and managing its agricultural investments in the United States and internationally. It owns and operates FarmlandCredit.com, a non-bank lending business that seeks to purchase existing loans and/or originate and fund new loans domestically. The company was formerly known as Insignia Systems, Inc. and changed its name to Lendway, Inc. in August 2023. The company was incorporated in 1990 and is headquartered in Minneapolis, Minnesota.