Agroz Inc. (AGRZ) Income Statement

NASDAQ: AGRZRevenue, profits, margins and EPS over 3 years.

AGRZ 2024 at a glance

Fiscal year ended December 31, 2024 · MYR
Revenue+121.2%
RM 40.9M
2024 · hover or tap a bar for each year
2022: RM 2.9M2023: RM 18.5M (+544.8%)2024: RM 40.9M (+121.2%)
20222024
Gross profit+79.3%
RM 14.8M
2024 · hover or tap a bar for each year
2022: RM 274,7112023: RM 8.3M (+2,908.1%)2024: RM 14.8M (+79.3%)
20222024
Operating income+26.9%
RM 8.0M
2024 · hover or tap a bar for each year
2022: −RM 198,9552023: RM 6.3M2024: RM 8.0M (+26.9%)
20222024
Net income−6.5%
RM 3.5M
2024 · hover or tap a bar for each year
2022: −RM 289,8652023: RM 3.8M2024: RM 3.5M (−6.5%)
20222024
Net profit margin−11.7 pts
8.6%
2024 · hover or tap a point for each year
2022: −10.1%2023: 20.3% (+30.4 pts)2024: 8.6% (−11.7 pts)
20222024

AGRZ revenue and net income

RevenueNet incomeNet margin (right axis)

Where AGRZ's revenue goes

2024
Revenue
RM 40.9M100.0%
Cost of revenue
−RM 26.0M−63.7%
Gross profit
RM 14.8M36.3%
Sales, general & admin
−RM 5.7M−14.0%
Other operating expenses
−RM 1.1M−2.6%
Operating income
RM 8.0M19.6%
Interest & other expense
−RM 1.7M−4.1%
Income taxes
−RM 2.8M−6.9%
Net income
RM 3.5M8.6%

Each bar shows an amount and its share of revenue. AGRZ kept 8.6% of revenue as net income.

AGRZ profit margins

GrossOperatingNet

AGRZ growth rates

to 2024
1 year3 years5 years10 years
Revenue+121.2%———
Gross profit+79.3%———
Operating income+26.9%———
Net income−6.5%———

1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.

AGRZ income statement in MYR

Agroz Inc. annual income statement
202420232022
RevenueRM 40.9MRM 18.5MRM 2.9M
Cost of revenueRM 26.0MRM 10.2MRM 2.6M
Gross profitRM 14.8MRM 8.3MRM 274,711
Sales, general & adminRM 5.7MRM 1.6MRM 382,612
Total operating expensesRM 6.8MRM 1.9MRM 473,666
Operating incomeRM 8.0MRM 6.3M−RM 198,955
Interest incomeRM 316RM 1,544RM 0
Interest expenseRM 1.7MRM 503,211RM 90,649
Income before taxesRM 6.3MRM 5.1M−RM 289,865
Income taxesRM 2.8MRM 1.4M—
Net incomeRM 3.5MRM 3.8M−RM 289,865
EBITDARM 8.8MRM 5.9M−RM 105,926
Gross margin36.3%44.7%9.6%
Operating margin19.6%34.2%−6.9%
Net margin8.6%20.3%−10.1%

Quarterly columns are labeled by the month the quarter ended. Figures in MYR as reported in AGRZ's financial statements (latest annual report filed May 22, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.

AGRZ financial results

In fiscal year 2024 (ended December 31, 2024), Agroz reported revenue of RM 40.9 million, up 121.2% from the year before. It had net income of RM 3.5 million (down 6.5%), a net profit margin of 8.6%. Figures are in MYR, the currency of its financial statements.

See the AGRZ stock overview for the latest quote and news, or the AGRZ chart for price history and technical indicators.

AGRZ income statement FAQ

What is Agroz's annual revenue?

Agroz reported total revenue of RM 40.9 million for fiscal year 2024, which ended on December 31, 2024. That was up 121.2% from RM 18.5 million the previous year.

Is Agroz profitable?

Yes. Agroz reported net income of RM 3.5 million in fiscal 2024, a net profit margin of 8.6%; its operating margin was 19.6%.

What is Agroz's gross margin?

Agroz's gross margin was 36.3% in fiscal 2024: for every $100 of revenue, Agroz kept $36 after the direct cost of its products and services.

When does Agroz's fiscal year end?

Agroz's fiscal year ends in December. The latest annual report covers the year ended December 31, 2024 and was filed on May 22, 2025.

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