Argan (AGX) stock price, revenue, and financials

Argan market cap is $595.6 m, and annual revenue was $509.37 m in FY 2022

$595.6 M

AGX Mkt cap, 28-Jun-2022

$100.3 M

Argan Revenue Q1, 2023
Argan Gross profit (Q1, 2023)19.7 M
Argan Gross profit margin (Q1, 2023), %19.7%
Argan Net income (Q1, 2023)7.5 M
Argan EBIT (Q1, 2023)9.2 M
Argan Cash, 30-Apr-2022192.3 M
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Argan Revenue

Argan revenue was $509.37 m in FY, 2022 which is a 29.9% year over year increase from the previous period.

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Argan Revenue Breakdown

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Argan revenue breakdown by business segment: 78.2% from Power Industry Services, 19.2% from Industrial Fabrication and Field Services and 2.6% from Other

Argan revenue breakdown by geographic segment: 6.9% from Republic of Ireland, 89.6% from United States and 3.6% from Other

Argan Income Statement

Annual

USDFY, 2020FY, 2021FY, 2022

Revenue

239.0m392.2m509.4m

Revenue growth, %

(50%)64%30%

Cost of goods sold

245.8m330.1m409.6m

Gross profit

(6.8m)62.1m99.7m

Gross profit Margin, %

(3%)16%20%

General and administrative expense

44.1m39.0m47.3m

Operating expense total

49.0m39.0m55.2m

EBIT

(55.8m)23.0m44.5m

EBIT margin, %

(23%)6%9%

Pre tax profit

(47.8m)24.9m47.1m

Income tax expense

(7.1m)1.1m11.4m

Net Income

(40.7m)23.8m35.7m

EPS

(2.7)1.52.4

Quarterly

Argan Balance Sheet

Annual

USDFY, 2020FY, 2021FY, 2022

Cash

167.4m366.7m350.5m

Accounts Receivable

37.2m28.7m27.0m

Current Assets

421.8m546.2m507.3m

PP&E

22.5m20.4m10.5m

Goodwill

27.9m27.9m28.0m

Total Assets

487.5m602.6m553.6m

Accounts Payable

35.4m53.3m41.8m

Current Liabilities

144.0m276.1m223.0m

Long-term debt

636.0k

Total Debt

636.0k

Total Liabilities

146.5m280.2m228.0m

Common Stock

2.3m2.4m2.4m

Additional Paid-in Capital

148.7m153.3m158.2m

Retained Earnings

189.3m166.1m188.7m

Total Equity

341.0m322.4m325.6m

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x

Financial Leverage

1.4 x1.9 x1.7 x

Argan Cash Flow

Annual

USDFY, 2020FY, 2021FY, 2022

Net Income

(40.7m)23.8m35.7m

Depreciation and Amortization

4.6m4.6m4.2m

Accounts Receivable

(1.0m)8.5m(480.0k)

Accounts Payable

(3.3m)31.4m(5.7m)

Cash From Operating Activities

53.6m174.7m28.4m

Purchases of PP&E

(7.1m)(1.7m)(1.4m)

Cash From Investing Activities

(36.1m)68.3m(7.0m)

Dividends Paid

(15.6m)(47.0m)(15.7m)

Cash From Financing Activities

(14.0m)(45.4m)(34.6m)

Net Change in Cash

3.0m199.3m(16.2m)

Quarterly

USDQ1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022Q1, 2023

Net Income

(793.0k)4.8m14.3m10.8m23.6m36.0m7.5m

Depreciation and Amortization

1.2m2.3m3.5m1.1m2.2m3.2m975.0k

Accounts Receivable

15.0m7.5m6.6m(3.7m)(14.4m)(7.1m)(9.1m)

Accounts Payable

(8.6m)4.7m27.7m(21.6m)(8.8m)(20.0m)(15.2m)

Cash From Operating Activities

40.2m102.9m142.6m17.3m47.2m41.7m(39.7m)

Purchases of PP&E

(684.0k)(1.1m)(1.4m)(844.0k)(1.0m)(1.1m)

Cash From Investing Activities

59.3m133.9m68.6m15.6m44.9m(5.2m)(85.2m)

Dividends Paid

(3.9m)(23.5m)(27.4m)(3.9m)(7.9m)(11.8m)(3.7m)

Cash From Financing Activities

(3.7m)(22.8m)(26.2m)(2.9m)(6.9m)(10.4m)(30.7m)

Net Change in Cash

95.6m215.1m185.9m30.0m84.7m24.9m(158.2m)

Argan Ratios

USDFY, 2020

EV/EBIT

-8.8 x

EV/CFO

9.2 x

Revenue/Employee

207.1k

Financial Leverage

1.4 x

P/E Ratio

(15.4)

Argan Operating Metrics

Argan's Backlog was reported to be $700m in Q2, 2022.
FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021Q1, 2022Q2, 2022

Backlog

$1.1 b$1.1 b$1.4 b$1.4 b$1.3 b$1.3 b$1.2 b$1.2 b$800 m$700 m$700 m

Facilities Leased (Corporate Headquarters), sq.ft.

2.52 k2.52 k2.52 k

Manufacturing Space, sq. ft.

82.17 k82.17 k82.17 k

Office Space, sq. ft.

27.28 k27.28 k27.28 k

Warehouse Space, sq. ft

98.41 k98.41 k98.41 k