* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 0 · FY2023 2,525 — 2-yr total 2,525
Operates in Education — Higher Education. Per the activity note to the FY2023 annual report, the company operates a university providing higher education through business, information technology, law, social sciences, and medicine schools. Founded in 2002. Programs are accredited and state-funded.
Subsidiary of Veloks Ediukeishen (100.0%)
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | CAGR |
|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 | +0.0% | |
| 2,413 | 2,936 | 5,626 | 5,669 | 7,770 | 11,979 | +37.8% | |
| TOTAL ASSETS | 2,413 | 2,936 | 5,626 | 5,669 | 7,770 | 11,979 | +37.8% |
| 1,168 | 1,472 | 2,285 | 2,528 | 6,122 | 9,174 | +51.0% | |
| 1 | 0 | 0 | 744 | 773 | 626 | nmf | |
| TOTAL LIABILITIES | 1,169 | 1,472 | 2,286 | 3,272 | 6,894 | 9,800 | +53.0% |
| 1,243 | 1,464 | 3,341 | 2,397 | 876 | 2,179 | +11.9% | |
| Balance Check (Assets - L&E) | 0 | 0 | 0 | 0 | 0 | 0 | |
| Debt analysis | |||||||
| Total Debt | 0 | 0 | 0 | 60 | 60 | 60 | +0.0% |
| Cash & Equivalents | 731 | 1,269 | 3,976 | 3,117 | 5,176 | 8,462 | +63.2% |
| Net Debt | 731 | 1,269 | 3,976 | 3,057 | 5,116 | 8,402 | +63.0% |
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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