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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 1,146 · FY2023 1,403 · FY2024 416 — 3-yr total 2,965
Private K-12 school in Tbilisi operating under the 'New School' brand.
Group parent — controls 1 company · ownership
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| 7,832 | 11,117 | 23,496 | 13,583 | 13,449 | 13,340 | 10,946 | 11,516 | +5.7% | |
| Total COGS | 784 | 1,174 | 43 | 352 | 57 | 0 | 0 | 0 | -48.1% |
| Gross Profit | 7,047 | 9,943 | 23,453 | 13,230 | 13,392 | 13,340 | 10,946 | 11,516 | +7.3% |
| Gross Margin | 90.0% | 89.4% | 99.8% | 97.4% | 99.6% | 100.0% | 100.0% | 100.0% | |
| Other Operating Income | 0 | 0 | 0 | 0 | 614 | 812 | 490 | 362 | -16.2% |
| 6,382 | 7,811 | 10,192 | 9,367 | 9,690 | 10,365 | 10,785 | 12,095 | +9.6% | |
| EBITDA | 666 | 2,132 | 13,260 | 3,863 | 4,316 | 3,787 | 651 | 217 | nmf |
| EBITDA Margin | 8.5% | 19.2% | 56.4% | 28.4% | 32.1% | 28.4% | 5.9% | 1.9% | |
| Total D&A | 259 | 288 | 282 | 424 | 267 | 509 | 494 | 529 | +10.7% |
| EBIT / Operating Income | 407 | 1,844 | 12,978 | 3,438 | 4,049 | 3,279 | 156 | 746 | nmf |
| Total Interest Income | 0 | 158 | 140 | 71 | 72 | 18 | 137 | 105 | -6.7% |
| Total Interest Expense | 0 | 0 | 27 | 0 | 0 | 81 | 38 | 8 | -22.2% |
| 36 | 62 | 71 | 338 | 1,183 | 281 | 0 | 0 | nmf | |
| Profit Before Tax | 443 | 1,940 | 13,163 | 3,847 | 2,938 | 2,936 | 255 | 649 | nmf |
| Total Income Tax | 0 | 60 | 38 | 0 | 78 | 202 | 248 | 73 | +3.4% |
| Net Profit / (Loss) | 831 | 1,996 | 13,125 | 3,372 | 2,564 | 2,560 | 8 | 723 | nmf |
| Net Margin | 10.6% | 18.0% | 55.9% | 24.8% | 19.1% | 19.2% | 0.1% | 6.3% | |
| Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 3,441 | 0 | |
| Total Comprehensive Income | 831 | 1,996 | 13,125 | 3,372 | 2,564 | 2,560 | 3,448 | 723 | nmf |
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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