Loading…
* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 38,360 · FY2023 122,306 · FY2024 51,270 — 3-yr total 211,936
JSC GEPHA (Georgian Pharmacy) is Georgia's largest pharmaceutical retailer and wholesaler and the retail-pharmacy business of Georgia Capital PLC (LSE: CGEO), which owns ~98%. It was formed in 2017 by merging two chains founded in 1994 — GPC (premium) and ABC Pharmacia (mass-market, retail brand Pharmadepot) — originally under Georgia Healthcare Group, and became a direct Georgia Capital subsidiary in the December 2023 reorganization. Operates ~450 pharmacies in Georgia under the GPC and Pharmadepot banners (plus ~19 in Armenia) and a nationwide wholesale/distribution arm, holding roughly a third of the market.
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| 165,073 | 187,622 | 213,092 | 283,343 | 318,164 | 331,756 | 329,246 | 297,560 | +8.8% | |
| 94,439 | 94,704 | 179,651 | 178,408 | 204,090 | 234,866 | 267,941 | 257,386 | +15.4% | |
| TOTAL ASSETS | 259,512 | 282,326 | 392,743 | 461,751 | 522,254 | 566,622 | 597,187 | 554,946 | +11.5% |
| 104,751 | 134,396 | 160,458 | 212,443 | 227,336 | 219,242 | 276,813 | 238,620 | +12.5% | |
| 37,034 | 19,933 | 79,533 | 85,521 | 85,321 | 89,448 | 123,064 | 114,973 | +17.6% | |
| TOTAL LIABILITIES | 141,785 | 154,329 | 239,991 | 297,964 | 312,657 | 308,690 | 399,877 | 353,593 | +13.9% |
| 117,727 | 127,997 | 152,752 | 163,787 | 209,597 | 257,932 | 197,310 | 201,353 | +8.0% | |
| Balance Check (Assets - L&E) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Debt analysis | |||||||||
| Total Debt | 24,039 | 38,023 | 99,412 | 111,527 | 131,453 | 122,682 | 192,341 | 170,992 | +32.3% |
| Cash & Equivalents | 10,464 | 16,405 | 7,774 | 16,978 | 40,240 | 48,324 | 26,645 | 8,009 | -3.7% |
| Net Debt | 13,575 | 21,618 | 91,638 | 94,549 | 91,213 | 74,358 | 165,696 | 162,983 | +42.6% |
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).
Ranked by how close each latest revenue is to this one — not a curated comp set. Open this set in Compare →