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 |
|---|---|---|---|---|---|---|---|---|---|
| Net Cash from Operating Activities | 15,037 | 32,755 | 74,328 | 86,625 | 105,808 | 114,916 | 86,214 | 118,680 | +34.3% |
| Net Cash used in Investing Activities | 0 | 20,885 | 21,181 | 26,217 | 29,279 | 24,210 | 25,238 | 28,822 | +5.5% |
| Free Cash Flow (OCF − Capex proxy) | 15,037 | 11,870 | 53,147 | 60,408 | 76,529 | 90,706 | 111,452 | 89,858 | +29.1% |
| Net Cash from Financing Activities | 0 | 5,654 | 61,811 | 52,107 | 52,976 | 81,794 | 132,564 | 108,155 | +63.5% |
| Net Change in Cash (before FX) | 15,037 | 6,216 | 8,664 | 8,301 | 23,553 | 8,912 | 21,112 | 18,297 | nmf |
| Effect of FX on Cash | 0 | 275 | 33 | 903 | 291 | 828 | 567 | 339 | +3.5% |
| Net Change in Cash (incl. FX) | 15,037 | 5,941 | 8,631 | 9,204 | 23,262 | 8,084 | 21,679 | 18,636 | nmf |
| Cash at Beginning of Year | 0 | 10,464 | 16,405 | 7,774 | 16,978 | 40,240 | 48,324 | 26,645 | +16.9% |
| Cash at End of Year | 0 | 16,405 | 7,774 | 16,978 | 40,240 | 48,324 | 26,645 | 8,009 | -11.3% |
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 →