March 2, 2025

In 2024 Allo revenue increased by 38% compared to the previous year and amounted to 10.6 billion UAH

According to the official financial statements of the Allo company, which operates retail chain and marketplace in Ukraine, its revenue in 2024 increased by 38% compared to the previous year and amounted to UAH 10.6 billion.

At the same time, the company's gross profit (the difference between revenue and the cost of goods sold) remained unchanged and amounted to UAH 1.3 billion, while operating profit also remained almost unchanged (UAH 142 million).

Allo's net profit in 2024 amounted to UAH 27 million (UAH 21 million in 2023).

Regarding the balance sheet structure, the value of the company's inventories as of December 31, 2024 was about UAH 800 million (+ UAH 100 million compared to December 31, 2023), the amount of cash decreased from UAH 305 million a year ago to UAH 57 million.

The main source of financing of assets as of December 31, 2024 were bank loans in the amount of UAH 670 million and accounts payable (UAH 570 million). Allo's equity as of the reporting date was UAH 407 million.

The company's financial standing currently looks average.

As of the beginning of 2025, the Allo network had 292 stores, including Allo, Allo Max and Allo Express delivery points, as well as stores under the Mi Store and telecom operator brands operating in more than 100 Ukrainian cities.

During 2024, the chain opened 9 new retail stores.