ID 202403121 · FY 2017–2024 · 8 years
Subsidiary of შეზღუდული პასუხისმგებლობისსაზოგადოება სოკარ ენერჯი ჯორჯია (100.0%)
SOCAR Georgia Gas LLC is the natural-gas distribution arm of SOCAR Energy Georgia (Azerbaijan's state oil company). Operates 31,200km of low- and medium-pressure pipelines and supplies ~944K residential and commercial customers across most of Georgia outside Tbilisi.
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 868,581 | 895,911 | 1,130,307 | 1,143,499 | 1,210,550 | 1,594,699 | 1,461,490 | 1,422,815 | +7.3% |
| Total COGS | -698,976 | -711,687 | -925,207 | -902,630 | -916,988 | -1,203,676 | -1,031,728 | -987,445 | +5.1% |
| Gross Profit | 169,605 | 184,224 | 205,100 | 240,869 | 293,562 | 391,023 | 429,762 | 435,370 | +14.4% |
| Gross Margin | 19.5% | 20.6% | 18.1% | 21.1% | 24.3% | 24.5% | 29.4% | 30.6% | |
| Total Operating Expenses | -74,076 | -126,776 | -128,635 | -147,219 | -194,623 | -207,437 | -227,467 | -226,919 | +17.3% |
| EBITDA | 95,529 | 57,448 | 76,465 | 93,650 | 98,939 | 183,586 | 202,295 | 208,451 | +11.8% |
| EBITDA Margin | 11.0% | 6.4% | 6.8% | 8.2% | 8.2% | 11.5% | 13.8% | 14.7% | |
| Total D&A | -17,452 | -18,775 | -24,499 | -25,970 | -27,294 | -27,582 | -28,573 | -34,094 | +10.0% |
| EBIT / Operating Income | 78,077 | 38,673 | 51,966 | 67,680 | 71,645 | 156,004 | 173,722 | 174,357 | +12.2% |
| Total Interest Income | 2,112 | 2,026 | 3,394 | 9,151 | 14,388 | 24,853 | 28,441 | 35,549 | +49.7% |
| Total Interest Expense | -17,194 | -32,210 | -47,156 | -81,302 | -73,522 | -127,539 | -83,004 | -120,892 | +32.1% |
| Total Other Income | -816 | -1,613 | -24,150 | -54,720 | 11,545 | 38,438 | 11,821 | -8,206 | +39.1% |
| Profit Before Tax | 62,179 | 6,876 | -15,946 | -59,191 | 24,056 | 91,756 | 130,980 | 80,808 | +3.8% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 52,063 | 796 | -22,468 | -66,193 | 16,686 | 83,983 | 130,980 | 80,808 | +6.5% |
| Net Margin | 6.0% | 0.1% | -2.0% | -5.8% | 1.4% | 5.3% | 9.0% | 5.7% |
Ownership & directors from companyinfo.ge (public corporate registry).