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The National Onion Growers' Cooperative Marketing Association (NOGROCOMA)


Financial Performance

Financial Performance graph

 

NOGROCOMA has been on a strong recovery path since sales crashed in 2004. Fortunately, the Co-op received sufficient non-operating income in 2004 to cover the loss (and even make one of their largest net profits to date) and to rebound strongly; they have generated positive net income every year since. Their growth the past four years has been positive and they have been increasing both gross and net margin over that time. They’ve maintained remarkable consistency in their balance sheet over the last five years and appear well-positioned for continued growth.


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