ID 202349440 · FY 2017–2024 · 8 years
Subsidiary of აზერბაიჯანის რესპუბლიკის სახელმწიფო ნავთობისკომპანია (91.8%)
SOCAR Energy Georgia, established in 2006 as SOCAR's first foreign subsidiary, is a wholesale and retail oil & gas operator. It runs Georgia's largest petrol-station network (with the WayMart convenience-store chain) and imports / supplies / distributes natural gas — including 31,200km of pipelines serving 944K+ customers.
curated 2026-06-03socar.gege.linkedin.comsgp.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,455,470 | 1,546,202 | 1,794,804 | 1,741,420 | 2,175,850 | 2,349,591 | 2,051,969 | 2,038,029 | +4.9% |
| Total COGS | -1,222,532 | -1,300,704 | -1,522,920 | -1,446,784 | -1,806,176 | -1,878,273 | -1,560,795 | -1,513,167 | +3.1% |
| Gross Profit | 232,938 | 245,498 | 271,884 | 294,636 | 369,674 | 471,318 | 491,174 | 524,862 | +12.3% |
| Gross Margin | 16.0% | 15.9% | 15.1% | 16.9% | 17.0% | 20.1% | 23.9% | 25.8% | |
| Total Operating Expenses | -132,999 | -196,309 | -194,725 | -254,396 | -200,126 | -236,587 | -280,829 | -315,612 | +13.1% |
| EBITDA | 99,939 | 49,189 | 77,159 | 40,240 | 169,548 | 234,731 | 210,345 | 209,250 | +11.1% |
| EBITDA Margin | 6.9% | 3.2% | 4.3% | 2.3% | 7.8% | 10.0% | 10.3% | 10.3% | |
| Total D&A | -32,577 | -31,247 | -45,044 | -48,435 | -51,445 | -53,506 | -55,084 | -57,412 | +8.4% |
| EBIT / Operating Income | 67,362 | 17,942 | 32,115 | -8,195 | 118,103 | 181,225 | 155,261 | 151,838 | +12.3% |
| Total Interest Income | 716 | 966 | 579 | 14,685 | 2,948 | 9,102 | 25,712 | 13,228 | +51.7% |
| Total Interest Expense | -41,203 | -47,247 | -62,702 | -69,862 | -78,769 | -92,704 | -95,017 | -96,199 | +12.9% |
| Total Other Income | 6,546 | -14,377 | -49,999 | -103,408 | 28,924 | 89,650 | 15,599 | -12,892 | nmf |
| Profit Before Tax | 33,421 | -42,716 | -80,007 | -166,780 | 71,206 | 187,273 | 101,555 | 55,975 | +7.6% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 7,298 | -52,048 | -91,130 | -176,741 | 60,236 | 176,882 | 101,555 | 55,975 | +33.8% |
| Net Margin | 0.5% | -3.4% | -5.1% | -10.1% | 2.8% | 7.5% | 4.9% | 2.7% |
Ownership & directors from companyinfo.ge (public corporate registry).