ID 202886010 · FY 2017–2024 · 8 years
Group parent — controls 5 companies
JSC Georgian Railway is the 100% state-owned vertically-integrated national rail operator, running ~1,326km of network linking the Black Sea ports (Poti, Batumi) to Azerbaijan and Armenia. Core business is freight transit — particularly Caspian oil — alongside long-distance passenger and Tbilisi suburban services.
curated 2026-06-03railway.geen.wikipedia.org
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 473,511 | 444,126 | 503,789 | 501,917 | 556,819 | 690,598 | 627,173 | 648,337 | +4.6% |
| Total COGS | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Gross Profit | 473,511 | 444,126 | 503,789 | 501,917 | 556,819 | 690,598 | 627,173 | 648,337 | +4.6% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| Total Operating Expenses | -508,089 | -975,208 | -314,339 | -296,515 | -333,033 | -405,596 | -453,336 | -447,277 | -1.8% |
| EBITDA | -34,578 | -531,082 | 189,450 | 205,402 | 223,786 | 285,002 | 173,837 | 201,060 | nmf |
| EBITDA Margin | -7.3% | -119.6% | 37.6% | 40.9% | 40.2% | 41.3% | 27.7% | 31.0% | |
| Total D&A | -109,703 | -113,804 | -81,235 | -76,156 | -58,397 | -66,586 | -76,895 | -59,325 | -8.4% |
| EBIT / Operating Income | -144,281 | -644,886 | 108,215 | 129,246 | 165,389 | 218,416 | 96,942 | 141,735 | nmf |
| Total Interest Income | 43,281 | 14,534 | 14,849 | 26,508 | 23,669 | 30,479 | 38,859 | 28,369 | -5.9% |
| Total Interest Expense | -104,150 | -85,018 | -42,882 | -127,983 | -220,070 | -70,493 | -61,090 | -61,989 | -7.1% |
| Total Other Income | 0 | 0 | -85,249 | -191,901 | 84,224 | 218,923 | 12,065 | -39,931 | -14.1% |
| Profit Before Tax | -205,150 | -715,370 | -5,067 | -164,130 | 53,212 | 397,325 | 86,776 | 68,184 | nmf |
| Total Income Tax | -648 | -1,169 | -519 | -514 | -500 | -644 | 0 | 0 | -0.1% |
| Net Profit / (Loss) | -354,100 | -716,539 | -5,586 | -164,644 | 52,712 | 396,681 | 86,776 | 68,184 | nmf |
| Net Margin | -74.8% | -161.3% | -1.1% | -32.8% | 9.5% | 57.4% | 13.8% | 10.5% |
Ownership & directors from companyinfo.ge (public corporate registry).