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Consolidated Statements of Income and Comprehensive Income - USD ($)
12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2016
Revenues      
Sales to third parties $ 29,663,670 $ 25,866,459 $ 19,702,441
Sales to related parties 155,418 799,142 1,012,789
Total revenues 29,819,088 26,665,601 20,715,230
Cost of revenues 24,751,473 22,140,879 17,371,416
Gross Profit 5,067,615 4,524,722 3,343,814
Operating expenses      
Selling and distribution expenses 547,532 140,019 78,507
General and administrative expenses 1,442,155 915,474 395,854
Total operating expenses 1,989,687 1,055,493 474,361
Income from operations 3,077,928 3,469,229 2,869,453
Other income (expenses)      
Interest income 731 311 475
Interest expense (154,400) (209,159) (250,732)
Other income (expenses), net 314,070 15,758 (39,739)
Total other income (expenses) 160,401 (193,090) (289,996)
Income before income taxes 3,238,329 3,276,139 2,579,457
Provision for income taxes 9,063 5,793 269,367
Net income 3,229,266 3,270,346 2,310,090
Less: net income (loss) attributable to noncontrolling interest 7,234 (964) (4,072)
Net income attributable to Farmmi, Inc. 3,222,032 3,271,310 2,314,162
Comprehensive income      
Net income 3,229,266 3,270,346 2,310,090
Other comprehensive income (loss): foreign currency translation gain (loss) (970,209) 95,185 312,371
Total comprehensive income 2,259,057 3,365,531 2,622,461
Comprehensive income (loss) attributable to noncontrolling interest (21,204) 1,075 (19,913)
Comprehensive income attributable to Farmmi, Inc. $ 2,280,261 $ 3,364,456 $ 2,642,374
Weighted average number of shares, basic and diluted (in shares) 11,173,699 10,000,000 10,000,000
Basic and diluted earnings per common share (in dollars per share) $ 0.29 $ 0.33 $ 0.23