* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 0 · FY2023 11,689 · FY2024 6,200 — 3-yr total 17,889
JSC Elit Electronics is one of Georgia's largest consumer-electronics and home-appliance retailers. Operates a chain of stores across Tbilisi and major regional cities, plus an online channel; sells phones, computers, TVs and white-goods from major global brands.
Group parent — controls 1 company · ownership
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 184,740 | 180,237 | 177,224 | 181,718 | 244,132 | 282,232 | 334,969 | 355,536 | +9.8% |
| Total COGS | 144,287 | 141,652 | 141,733 | 143,854 | 191,528 | 221,225 | 274,550 | 288,540 | +10.4% |
| Gross Profit | 40,453 | 38,585 | 35,491 | 37,864 | 52,604 | 61,007 | 60,419 | 66,996 | +7.5% |
| Gross Margin | 21.9% | 21.4% | 20.0% | 20.8% | 21.5% | 21.6% | 18.0% | 18.8% | |
| Total Operating Expenses | 28,974 | 30,583 | 26,345 | 25,806 | 32,912 | 38,139 | 58,312 | 58,805 | +10.6% |
| EBITDA | 11,479 | 8,002 | 9,146 | 12,058 | 19,692 | 22,868 | 2,107 | 8,191 | -4.7% |
| EBITDA Margin | 6.2% | 4.4% | 5.2% | 6.6% | 8.1% | 8.1% | 0.6% | 2.3% | |
| Total D&A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| EBIT / Operating Income | 11,479 | 8,002 | 9,146 | 12,058 | 19,692 | 22,868 | 2,107 | 8,191 | -4.7% |
| Total Interest Expense | 1,783 | 2,801 | 7,922 | 7,250 | 701 | 1,378 | 9,928 | 11,029 | +29.7% |
| Total Other Income | 90 | 475 | 33 | 109 | 2,166 | 415 | 2,140 | 5,132 | +78.2% |
| Profit Before Tax | 9,786 | 5,676 | 1,257 | 4,699 | 16,825 | 21,075 | 5,681 | 2,294 | -18.7% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 9,786 | 5,676 | 1,257 | 4,699 | 16,825 | 21,075 | 5,681 | 2,294 | -18.7% |
| Net Margin | 5.3% | 3.1% | 0.7% | 2.6% | 6.9% | 7.5% | 1.7% | 0.6% |
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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