Los Grobo narrows annual EBITDA loss to $1.6M, posts Q4 profit, targets customer doubling

Argentine agribusiness Los Grobo reduced its annual EBITDA loss from $22.4M to $1.6M year-over-year and recorded a $5.3M profit in the final quarter. The company plans to double its customer and business base, signaling a strategic expansion despite ongoing losses. The improvement suggests operational stabilization, but sustainability remains unproven.