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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 643 · FY2023 812 · FY2024 1,059 — 3-yr total 2,514
Operates in FMCG — Distribution. Per the activity note to the FY2024 annual report, the company imports and sells alcoholic and non-alcoholic beverages and food products.
Subsidiary of Nikora (100.0%)
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 18,432 | 21,308 | 23,005 | 27,585 | 49,715 | 77,049 | 101,853 | 138,596 | +33.4% |
| Total COGS | 14,757 | 17,243 | 18,009 | 22,285 | 46,197 | 72,007 | 95,811 | 130,354 | +36.5% |
| Gross Profit | 3,675 | 4,065 | 4,996 | 5,300 | 3,518 | 5,042 | 6,042 | 8,242 | +12.2% |
| Gross Margin | 19.9% | 19.1% | 21.7% | 19.2% | 7.1% | 6.5% | 5.9% | 5.9% | |
| Other Operating Income | 0 | 0 | 3 | 80 | 0 | 0 | 0 | 0 | +2523.8% |
| 1,433 | 3,648 | 3,357 | 3,487 | 910 | 1,220 | 1,658 | 2,105 | +5.6% | |
| EBITDA | 2,242 | 416 | 1,642 | 1,893 | 2,608 | 3,822 | 4,384 | 6,137 | +15.5% |
| EBITDA Margin | 12.2% | 2.0% | 7.1% | 6.9% | 5.2% | 5.0% | 4.3% | 4.4% | |
| Total D&A | 0 | 48 | 180 | 194 | 41 | 107 | 83 | 86 | +10.1% |
| EBIT / Operating Income | 2,242 | 368 | 1,462 | 1,699 | 2,567 | 3,715 | 4,301 | 6,051 | +15.2% |
| Total Interest Expense | 409 | 388 | 482 | 603 | 1,339 | 1,767 | 1,593 | 1,523 | +20.7% |
| 394 | 769 | 369 | 841 | 387 | 633 | 221 | 114 | nmf | |
| Profit Before Tax | 2,227 | 749 | 611 | 255 | 1,615 | 2,581 | 2,487 | 4,414 | +10.3% |
| Total Income Tax | 29 | 29 | 41 | 18 | 2 | 1 | 1 | 1 | -38.2% |
| Net Profit / (Loss) | 333 | 720 | 570 | 237 | 1,613 | 2,580 | 2,486 | 4,413 | +44.7% |
| Net Margin | 1.8% | 3.4% | 2.5% | 0.9% | 3.2% | 3.3% | 2.4% | 3.2% |
Shareholders, directors and group links from the companyinfo.ge public register — as filed, so stakes need not sum to 100% where a holding is undisclosed.
Ownership & directors from companyinfo.ge (public corporate registry).
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