ID 400194222 · FY 2017–2024 · 8 years
Argo - Georgian food group, known for sunflower oil, mayonnaise and other grocery brands.
curated 2026-06-03reportal.ge
| 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% | |
| Total Operating Expenses | -3,592 | -5,181 | -4,079 | -4,880 | -5,638 | -5,133 | -11,401 | -13,675 | +21.0% |
| EBITDA | -3,122 | 2,805 | 6,602 | 10,159 | 13,100 | 9,353 | 6,269 | 2,301 | nmf |
| EBITDA Margin | -19.4% | 11.8% | 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% |
| 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% |
| Total Other Income | -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% |
Ownership & directors from companyinfo.ge (public corporate registry).