ID 202353176 · FY 2017–2024 · 8 years
Founded in 2006 in Tbilisi, IntelExpress is a Georgian-headquartered international money-transfer system licensed in the EU, UK, Ukraine and other markets. It operates in more than 50 countries and is widely available across Georgia's largest banks. PIE bank-form filer.
curated 2026-06-03inteliexpress.cominteliexpress.com
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Net interest income | -327 | 1,340 | 1,675 | 2 | 2 | 2,547 | 3,193 | 3,856 | nmf |
| Net fee and commission income | 3,213 | 3,331 | 3,141 | 5 | 5 | 4,673 | 4,014 | 5,791 | +8.8% |
| Net foreign currency gain / (loss) | 0 | 3,941 | 3,937 | 5 | 5 | 7,310 | 6,326 | 4,369 | +1.7% |
| Operating income | 2,886 | 8,612 | 8,753 | 11 | 12 | 14,530 | 13,533 | 14,016 | +25.3% |
| Operating expenses | -2,233 | -5,284 | -5,660 | -6 | -7 | -8,121 | -10,171 | -10,931 | +25.5% |
| Profit / (loss) from associates | 0 | 0 | 0 | 0 | 0 | 0 | -25 | -68 | +172.0% |
| Operating income before cost of risk | 653 | 3,328 | 3,093 | 5 | 5 | 6,409 | 3,337 | 3,017 | +24.4% |
| Cost of risk | 0 | 0 | 0 | -0 | 0 | -195 | -209 | -273 | nmf |
| Profit before income tax | 2,793 | 3,444 | 3,067 | 4 | 5 | 6,214 | 3,128 | 2,744 | -0.3% |
| Income tax expense | -470 | -698 | -337 | -1 | -1 | -1,011 | -705 | -559 | +2.5% |
| Profit | 2,323 | 2,746 | 2,730 | 4 | 4 | 5,203 | 2,423 | 2,185 | -0.9% |
| Net profit margin | 80.5% | 31.9% | 31.2% | 35.1% | 33.2% | 35.8% | 17.9% | 15.6% |
Ownership & directors from companyinfo.ge (public corporate registry).