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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 0 · FY2023 0 · FY2024 0
Georgian real estate/property management entity.
Subsidiary of Georgian Railway (100.0%)
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| 1,561 | 1,548 | 1,525 | 1,296 | 1,362 | 1,541 | 1,486 | 1,655 | +0.8% | |
| Total COGS | 1,021 | 5,380 | 0 | 0 | 0 | 0 | 0 | 0 | nmf |
| Gross Profit | 540 | 6,928 | 1,525 | 1,296 | 1,362 | 1,541 | 1,486 | 1,655 | +17.4% |
| Gross Margin | 34.6% | 447.5% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| 1,935 | 2,847 | 3,652 | 3,657 | 3,863 | 4,203 | 3,759 | 4,178 | +11.6% | |
| EBITDA | 1,395 | 4,081 | 2,127 | 2,361 | 2,501 | 2,662 | 2,273 | 2,523 | +8.8% |
| EBITDA Margin | 89.4% | 263.6% | 139.5% | 182.2% | 183.6% | 172.7% | 153.0% | 152.4% | |
| Total D&A | 327 | 293 | 309 | 294 | 417 | 299 | 331 | 400 | +2.9% |
| Impairment (non-financial) | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | |
| EBIT / Operating Income | 1,722 | 3,788 | 2,436 | 2,655 | 2,916 | 2,961 | 2,604 | 2,923 | +7.9% |
| Total Interest Income | 167 | 423 | 901 | 798 | 589 | 2,844 | 4,434 | 3,105 | +51.8% |
| Total Interest Expense | 1 | 0 | 0 | 512 | 147 | 0 | 0 | 0 | nmf |
| 1,649 | 10,934 | 6,903 | 766 | 532 | 7,983 | 757 | 262 | -23.1% | |
| Profit Before Tax | 93 | 15,144 | 5,368 | 1,603 | 1,942 | 7,866 | 2,587 | 444 | +25.0% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 148 | 3,725 | 1,166 | 1,603 | 293 | 7,866 | 2,587 | 444 | nmf |
| Net Margin | 9.5% | 240.6% | 76.5% | 123.7% | 21.5% | 510.4% | 174.1% | 26.8% |
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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