Multi Retail Group Ltd (MRG.TA) Income Statement Analysis – Financial Results

About Multi Retail Group Ltd

Multi Retail Group Ltd engages in the retail business in Israel. Its stores offer home improvement, and yard and vehicle maintenance products under the ACE, AUTODEPOT, and Spetz brands. The company also offers electrical accessories, such as sockets, switches, bulbs, extensions, and splitters; electrical appliances, heating and cooling products, communications and electronics appliances; garden furniture, pools and Jacuzzi, gardening, sea camping and hiking, grills, and storage and outdoor equipment; garden and yard cabinets, chests of drawers, sofas, beds, armchairs, tables, and chairs; home textiles, including blankets, sleeping pillows, bedding products, curtains, tablecloths, and pillows; home maintenance products; and design and decoration, including frame pictures and decorative flowers. In addition, it provides faucets, sewer fittings, faucet equipment, bathroom cabinets, toilet seats, showers, bathroom fittings, shower heads, bath and plumbing sliding wardrobes, opening cabinets, closets, workstations, bookcases, hives, chairs, lighting fixtures, tires, batteries, home, car care accessories, building materials, sealing and gluings, paints, wallpapers, painting equipment, paint and building materials, storage tools, power tools, hand tools, work equipment tools, technical equipment, carpets, and flooring rugs, as well as garage services. Further, the company manufactures cabinets, closets, chests of drawers, bookcases, and office furniture, including home office furniture. It operates 32 physical stores and 2 e-commerce sites. The company was formerly known as AS Capital Retail (2016) Ltd. and changed its name to Multi Retail Group Ltd in December 2021. Multi Retail Group Ltd was incorporated in 2016 and is headquartered in Rishon Lezion, Israel.