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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 0 · FY2023 0 · FY2024 0
Argo - Georgian food group, known for sunflower oil, mayonnaise and other grocery brands.
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 16,066 | 23,854 | 30,068 | 33,256 | 46,359 | 41,134 | 42,086 | 43,334 | +15.2% |
| Total COGS | 15,596 | 15,868 | 19,387 | 18,217 | 27,621 | 26,648 | 24,416 | 27,358 | +8.4% |
| Gross Profit | 470 | 7,986 | 10,681 | 15,039 | 18,738 | 14,486 | 17,670 | 15,976 | +65.5% |
| Gross Margin | 2.9% | 33.5% | 35.5% | 45.2% | 40.4% | 35.2% | 42.0% | 36.9% | |
| 2,342 | 4,349 | 4,079 | 4,880 | 5,638 | 5,133 | 11,401 | 13,675 | +28.7% | |
| EBITDA | 1,872 | 3,637 | 6,602 | 10,159 | 13,100 | 9,353 | 6,269 | 2,301 | nmf |
| EBITDA Margin | 11.7% | 15.2% | 22.0% | 30.5% | 28.3% | 22.7% | 14.9% | 5.3% | |
| Total D&A | 3,022 | 4,779 | 5,511 | 5,467 | 4,841 | 6,159 | 3,738 | 5,010 | +7.5% |
| Impairment (non-financial) | 1,250 | 832 | 0 | 0 | 0 | 0 | 0 | 0 | -33.4% |
| EBIT / Operating Income | 6,144 | 1,974 | 1,091 | 4,692 | 8,259 | 3,194 | 2,531 | 2,709 | -11.0% |
| Total Interest Income | 184 | 772 | 137 | 0 | 0 | 0 | 0 | 0 | -13.7% |
| Total Interest Expense | 1,612 | 2,649 | 3,663 | 2,192 | 2,780 | 3,978 | 4,801 | 5,523 | +19.2% |
| 762 | 344 | 5,113 | 1,474 | 150 | 1,818 | 3,025 | 4,086 | +27.1% | |
| Profit Before Tax | 8,334 | 4,195 | 7,548 | 3,974 | 5,329 | 1,034 | 5,295 | 12,318 | +5.7% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 10,185 | 4,358 | 7,587 | 3,941 | 5,279 | 473 | 5,295 | 12,318 | +2.8% |
| Net Margin | 63.4% | 18.3% | 25.2% | 11.9% | 11.4% | 1.1% | 12.6% | 28.4% | |
| Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 11,762 | 1,707 | -85.5% |
| Total Comprehensive Income | 10,185 | 4,358 | 7,587 | 3,941 | 5,279 | 473 | 6,467 | 10,611 | +0.6% |
Shareholders, directors and group links from the companyinfo.ge public register — as filed, so stakes need not sum to 100% where a holding is undisclosed.
Ownership & directors from companyinfo.ge (public corporate registry).
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