* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 1,396 · FY2023 4,592 · FY2024 21,951 — 3-yr total 27,939
Operates in Healthcare Services — In-patient & out-patient services. Per the activity note to the FY2024 annual report, the company operates a national medical center providing in-patient and out-patient healthcare services in Tbilisi.
Subsidiary of Capital Hall (100.0%)
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 32,168 | 36,413 | 37,475 | 34,739 | 42,305 | 38,959 | 44,106 | 46,797 | +5.5% |
| 4,536 | 5,195 | 5,641 | 5,532 | 6,724 | 7,414 | 11,624 | 14,664 | +18.3% | |
| Gross Profit | 27,633 | 31,217 | 31,834 | 29,207 | 35,581 | 31,545 | 32,482 | 32,133 | +2.2% |
| Gross Margin | 85.9% | 85.7% | 84.9% | 84.1% | 84.1% | 81.0% | 73.6% | 68.7% | |
| 1,724 | 17,766 | 17,398 | 17,748 | 21,376 | 22,227 | 21,923 | 19,760 | +41.7% | |
| EBITDA | 25,909 | 13,451 | 14,436 | 11,459 | 14,205 | 9,318 | 10,560 | 12,374 | -10.0% |
| EBITDA Margin | 80.5% | 36.9% | 38.5% | 33.0% | 33.6% | 23.9% | 23.9% | 26.4% | |
| Total D&A | 1,740 | 2,054 | 2,194 | 2,480 | 2,964 | 2,970 | 3,218 | 2,555 | +5.6% |
| EBIT / Operating Income | 24,169 | 11,397 | 12,242 | 8,978 | 11,241 | 6,348 | 7,342 | 9,818 | -12.1% |
| Total Interest Income | 170 | 0 | 154 | 0 | 1,172 | 437 | 0 | 871 | +26.3% |
| Total Interest Expense | 0 | 333 | 0 | 1,829 | 0 | 0 | 127 | 173 | -10.4% |
| 0 | 172 | 315 | 1,578 | 914 | 1,908 | 50 | 537 | +20.9% | |
| Profit Before Tax | 24,339 | 11,236 | 12,710 | 8,728 | 11,500 | 4,877 | 7,164 | 11,054 | -10.7% |
| Total Income Tax | 853 | 458 | 324 | 326 | 442 | 246 | 38 | 11 | -46.5% |
| Net Profit / (Loss) | 10,321 | 10,777 | 12,387 | 8,401 | 11,058 | 4,630 | 7,126 | 11,043 | +1.0% |
| Net Margin | 32.1% | 29.6% | 33.1% | 24.2% | 26.1% | 11.9% | 16.2% | 23.6% |
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).
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