ID 200050675 · FY 2017–2024 · 8 years
Group parent — controls 12 companies
JSC Nikora (Nikora Group) is one of Georgia's largest food producers, founded in 1998 — ~35% share of the meat-products market. Produces meat, dairy, fish, bakery, soft drinks and wine under Nikora / Nugeshi / Libre brands across ~500 SKUs, alongside an importer arm for alcohol, food and raw materials. The group employs 10,000+ people.
curated 2026-06-03nikoraholding.gege.linkedin.com
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 336,255 | 417,852 | 534,619 | 603,278 | 749,678 | 1,012,729 | 1,295,207 | 1,451,046 | +23.2% |
| Total COGS | -231,891 | -289,528 | -382,658 | -434,082 | -530,453 | -713,701 | -915,309 | -1,031,193 | +23.8% |
| Gross Profit | 104,364 | 128,324 | 151,961 | 169,196 | 219,225 | 299,028 | 379,898 | 419,853 | +22.0% |
| Gross Margin | 31.0% | 30.7% | 28.4% | 28.0% | 29.2% | 29.5% | 29.3% | 28.9% | |
| Total Operating Expenses | -44,324 | -95,738 | -95,500 | -103,912 | -135,176 | -182,128 | -239,476 | -289,895 | +30.8% |
| EBITDA | 60,040 | 32,586 | 56,461 | 65,284 | 84,049 | 116,900 | 140,422 | 129,958 | +11.7% |
| EBITDA Margin | 17.9% | 7.8% | 10.6% | 10.8% | 11.2% | 11.5% | 10.8% | 9.0% | |
| Total D&A | -6,141 | -8,847 | -31,850 | -35,585 | -36,363 | -42,394 | -52,599 | -62,436 | +39.3% |
| EBIT / Operating Income | 53,899 | 23,739 | 24,611 | 29,699 | 47,686 | 74,506 | 87,823 | 67,522 | +3.3% |
| Total Interest Income | 0 | 0 | 0 | 553 | 241 | 1,564 | 2,301 | 1,592 | +30.3% |
| Total Interest Expense | -7,860 | -8,525 | -17,802 | -21,112 | -23,851 | -24,612 | -25,747 | -29,419 | +20.7% |
| Total Other Income | -3,920 | -6,240 | -13,364 | -18,922 | 10,365 | 21,034 | 189 | -3,581 | -1.3% |
| Profit Before Tax | 42,119 | 8,974 | -6,555 | -9,782 | 34,441 | 72,492 | 64,566 | 36,114 | -2.2% |
| Total Income Tax | -1,140 | -1,568 | -1,157 | -993 | -1,053 | -1,243 | -2,134 | -2,591 | +12.4% |
| Net Profit / (Loss) | 4,928 | 6,986 | -10,717 | -13,765 | 30,835 | 68,982 | 62,432 | 33,523 | +31.5% |
| Net Margin | 1.5% | 1.7% | -2.0% | -2.3% | 4.1% | 6.8% | 4.8% | 2.3% |
Ownership & directors from companyinfo.ge (public corporate registry).