1. Latvia Stocks

  2. •

    Consumer non-durables

  3. •

    Household/Personal care
MADARA Cosmetics AS

MADARA Cosmetics AS

RRSE:MDARA
10.95
EUR
+0.10
(+0.92%)
46.24MMarket Cap
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.12
1.57
1.98
2.54
3.08
4.26
5.14
4.95
5.36
5.69
6.14
- -
Basic EPS, GAAP
0.12
0.21
0.33
0.4
0.42
0.91
0.97
0.3
0.42
1.44
-0.1
- -
Free Cash Flow per Basic Share
-0.23
0.13
0.27
-0.02
-0.04
0.68
0.58
0.25
0.13
0.16
-0.16
- -
Dividend per Share
0.01
0.03
0.05
0.09
0.12
0.15
0.4
0.5
0.35
0.58
0.92
- -
Book Value per Share
0.59
0.77
1.94
2.25
2.55
3.3
3.87
3.66
3.73
4.59
3.56
3.34
Tangible Book Value per Share
0.59
0.77
1.9
2.15
2.37
3.12
3.57
3.34
3.37
4.31
3.45
3.22
Basic Weighted Avg Shares
4
4
4
4
4
4
4
4
4
4
4
4
Sales/Revenue/Turnover
4
6
7
10
12
16
19
19
20
22
23
- -
Operating Margin (%)
12.09
16.18
18.26
15.56
12.87
21.94
19.75
8.43
9.73
5.48
1.42
- -
Depreciation Expense
- -
- -
- -
- -
1
1
1
1
1
1
1
- -
Net Income, GAAP
- -
1
1
2
2
3
4
1
2
5
- -
- -
Effective Tax Rate (%)
7.15
12.15
6.22
0.01
- -
3.31
8.61
27.9
17.37
9.24
186.88
- -
Profit Margin (%)
10.68
13.7
16.83
15.91
13.54
21.43
18.94
5.99
7.89
25.26
-1.68
- -
Working Capital
1
2
6
6
7
9
10
10
9
14
10
10
LT Debt
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
2
3
7
8
10
12
15
14
14
17
13
13
Return on Invested Capital (%)
- -
25.37
21.66
17.49
15.82
30.68
26.97
7.92
11.41
32.71
-2.01
- -
Return on Capital (%)
- -
25.94
22.28
18.31
16.86
30.92
27.05
7.88
11.44
34.57
-2.52
- -
Return on Common Equity (%)
- -
31.52
24.57
19.34
17.39
31.36
27.16
7.89
11.44
34.57
-2.52
- -

Capital Structure

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
51
39
46

Working Capital

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
16
13
14
Cash, Cash Equivalents & STI
9
6
5
Accounts Receivable, Net
3
3
2
Inventories
4
4
5
Total Current Liabilities
6
3
4
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.65%
2.98%
-22.29%
Free Cash Flow
-207.25%
-59.88%
-199.28%
Net Income, GAAP
39.24%
22.55%
-107.15%
Sales/Revenue/Turnover
19.46%
7.9%
7.88%
Total Cash Common Dividend
64.58%
57.64%
58.89%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
22
2025
- -
- -
23
2026
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.44
2025
- -
- -
-0.1
2026
- -
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.58
2025
- -
- -
0.92
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Gunta Sulte
Full Time Employees
208
Sector
Consumer non-durables
Industry
Household/Personal care
Address
Zeltinu iela 131 Marupe MR Latvia 2167
IPO Date
Nov 10, 2017
Website
madaracosmetics.com
Similar Companies
Procter & Gamble Company (The) (NYSE:PG)
Cupid Limited (NSE:CUPID)
Hindustan Unilever Limited (NSE:HINDUNILVR)
Colgate-Palmolive (India) Limited (NSE:COLPAL)
Dabur India Limited (NSE:DABUR)
e.l.f. Beauty, Inc. (NYSE:ELF)
Business
AS MADARA Cosmetics (MDARA.RG), a Latvia-based manufacturer of natural and organic cosmetics, produces and sells high-performance skincare, makeup, and personal care products under the flagship MÁDARA brand; offers anti-aging treatments, hydration solutions, acne prevention, skin tone correctors, sun protection, self-tan products, cleansers, moisturizers, serums, oils, masks, CC creams, peels, body care, hair care, and men's skincare via the HIS line; and provides contract manufacturing services for third-party cosmetic products. The company utilizes innovative Northern ingredients such as birch water, chanterelle extract, berry and plant seed oils, plant stem cells, lady's mantle, and algae, with all formulations certified organic or natural per ECOCERT/COSMOS standards and free of parabens, mineral oils, silicones, chemical UV filters, PEGs, GMOs, artificial colorants, nano materials, and synthetic fragrances. Founded in 2006 and headquartered in Marupe near Riga, Latvia, AS MADARA Cosmetics operates production facilities and laboratories in Riga, exports primarily to the European Union (93% of 2024 turnover including Latvia), and maintains subsidiaries including Madara Retail SIA (four stores in Riga exceeding EUR 1 million in revenue), MADARA Cosmetics Inc., Madara Cosmetics LTD, Madara Cosmetics GmbH, and Brand Lab Cosmetics SIA. The company targets premium clean beauty consumers through direct e-commerce (33% of sales), B2B partnerships with retailers like Müller and pharmaceutical chains, and online platforms. In recent developments, AS MADARA Cosmetics sold the MOSSA brand assets to Oy Transmeri Ab for EUR 4 million in April 2024 to refocus on MÁDARA and boost contract manufacturing; divested SIA Cosmetics Nord (selfnamed.com business) in July 2024 while retaining production partnerships; launched the Retinol Alternative line extension (day cream, night cream, eye cream generating nearly EUR 1 million),