ID 202886788 · FY 2018–2024 · 7 years
Tbilisi Transport Company LLC is the wholly-municipal operator of public transport in Tbilisi — runs the two-line Tbilisi Metro (23 stations), city bus and minibus network, four aerial cable cars and one funicular. Flat 1 GEL fare; consolidated under SARAS as a state-owned PIE.
curated 2026-06-03ttc.com.geen.wikipedia.org
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 140,086 | 152,874 | 85,892 | 108,694 | 252,324 | 297,465 | 292,080 | +13.0% |
| Total COGS | 0 | -33,946 | -26,464 | -31,892 | -57,394 | -52,761 | -55,854 | +10.5% |
| Gross Profit | 140,086 | 118,928 | 59,428 | 76,802 | 194,930 | 244,704 | 236,226 | +9.1% |
| Gross Margin | 100.0% | 77.8% | 69.2% | 70.7% | 77.3% | 82.3% | 80.9% | |
| Total Operating Expenses | -133,161 | -152,948 | -170,592 | -182,139 | -233,999 | -275,415 | -264,310 | +12.1% |
| EBITDA | 6,925 | -34,020 | -111,164 | -105,337 | -39,069 | -30,711 | -28,084 | nmf |
| EBITDA Margin | 4.9% | -22.3% | -129.4% | -96.9% | -15.5% | -10.3% | -9.6% | |
| Total D&A | -16,488 | -21,137 | -32,827 | -52,864 | -62,415 | -61,243 | -68,192 | +26.7% |
| EBIT / Operating Income | -9,563 | -55,157 | -143,991 | -158,201 | -101,484 | -91,954 | -96,276 | +46.9% |
| Total Interest Income | 6,822 | 19,081 | 3,897 | 3,744 | 4,527 | 10,011 | 9,832 | +6.3% |
| Total Other Income | 2,365 | 1,948 | -7,754 | -17,551 | 1,257 | -13,414 | -1,259 | nmf |
| Profit Before Tax | -376 | -34,128 | -147,848 | -172,008 | -95,700 | -95,357 | -87,703 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | -55,786 | -71,293 | -149,794 | -172,827 | -97,125 | -95,357 | -87,703 | +7.8% |
| Net Margin | -39.8% | -46.6% | -174.4% | -159.0% | -38.5% | -32.1% | -30.0% |
Ownership & directors from companyinfo.ge (public corporate registry).