Urban Cofix Rush Cofix

In Russia, the first Cofix coffee shop was opened in 2016 in the very center of Moscow in the Okhotny Ryad shopping center. Cofix has more than 200 establishments located in Moscow, St. Petersburg, Irkutsk, Yekaterinburg and Nizhny Novgorod.

Performance indicators

2024: Revenue growth 10% to ₽2,75 billion

The annual revenue of the Russian management company of the Cofix coffee chain - Urban Coffee Rush LLC - increased by 10% and reached ₽2,75 billion in 2024. Such data leads the company in its financial report published in March 2025. According to the disclosed information, at the end of the reporting period, the organization received a net profit of ₽7,6 million, while in 2023 a loss of ₽7,8 million was recorded.

According to Rusbeis, the profit from sales of the management company increased 1.8 times and reached ₽162 million. Other revenues showed an increase of five times - up to ₽473 million. Profit before tax increased sixfold to ₽22 million.

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Фото: Freepik

Cofix Development Director Ekaterina Panova explained that the network is developing under a franchise, and the published statements relate exclusively to the management company and do not reflect the financial performance of individual coffee shops. According to her, the growth of the net profit of the management company in 2024 is associated with a gradual recovery of the market after the crisis of recent years caused by the pandemic and the tense geopolitical situation. The company's EBITDA has been growing for the second year in a row.

In 2024, the company, together with partners, opened 53 new coffee shops. By the beginning of 2025, the total number of Cofix network points in Russia exceeded 280 establishments.

Cofix is an international coffee shop brand founded in Israel in 2013. The network began operating on the Russian market in 2016. The brand is being developed by Urban Coffee Rush, which is 99.9% owned by Cofix Global.

The Cofix coffee chain operates in Russia according to the concept of fixed prices, which allows it to occupy a special niche in the coffee shop market. This approach makes products available to a wide range of consumers and contributes to an increase in the number of return visits.^[1]

Notes