ARGAN INC

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
REVENUES $675.0m $892.8m $482.2m $239.0m $392.2m $509.4m $455.0m $573.3m $874.2m $944.6m
Cost of revenues $528.3m $743.5m $399.7m $196.3m $330.1m $409.6m $368.7m $492.5m $733.2m $750.9m
GROSS PROFIT $146.7m $149.3m $82.4m ($6.8m) $62.1m $99.7m $86.4m $80.8m $141.0m $193.7m
INCOME FROM OPERATIONS $112.3m $107.0m $40.2m ($55.8m) $23.0m $44.5m $41.7m $36.5m $88.2m $134.7m
Other income, net $2.3m $5.6m $7.0m $8.1m $1.9m $2.6m $4.3m $12.5m $23.0m $25.8m
Provision for income taxes $37.1m $40.3m $4.7m $7.1m ($1.1m) ($11.4m) $11.3m $16.6m $25.7m $22.7m
Foreign currency translation adjustments ($197k) $2.2m ($1.8m) ($770k) $35k ($1.4m) ($425k) ($920k) ($2.3m) $4.7m
Net unrealized gains (losses) on available-for-sale securities $199k ($619k) $2.6m
COMPREHENSIVE INCOME $23.9m $36.9m $32.7m $31.6m $82.5m $145.1m
Total income before income taxes $114.5m $112.6m $47.2m ($47.8m) $24.9m $47.1m $46.0m $48.9m $111.2m $160.5m
NET INCOME $70.3m $72.0m $52.0m ($42.7m) $23.9m $38.2m $33.1m $32.4m $85.5m $137.8m
Basic (in dollars per share) $4.67 $4.64 $3.34 ($2.73) $1.52 $2.43 $2.35 $2.42 $6.35 $10.00
Diluted (in dollars per share) $4.50 $4.56 $3.32 ($2.73) $1.51 $2.40 $2.33 $2.39 $6.15 $9.74
CASH DIVIDENDS PER SHARE $1.00 $1.00 $1.00 $1.00 $3.00 $1.00 $1.00 $1.10 $1.35 $1.75
Selling, general and administrative expenses $32.5m $41.8m $40.7m $44.1m $39.0m $47.3m $44.7m $44.4m $52.8m $59.0m