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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 1,126 · FY2024 90 — 3-yr total 1,216
Operates in Retail — Apparel. Per the activity note to the FY2024 annual report, the company wholesales and retails imported clothing, footwear, perfumes and accessories.
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| 20,424 | 26,145 | 41,265 | 38,592 | 63,946 | 88,659 | 128,941 | 169,133 | +35.3% | |
| Total COGS | 16,702 | 21,212 | 22,797 | 22,290 | 32,858 | 41,323 | 63,805 | 81,580 | +25.4% |
| Gross Profit | 3,722 | 4,932 | 18,468 | 16,302 | 31,089 | 47,336 | 65,136 | 87,553 | +57.0% |
| Gross Margin | 18.2% | 18.9% | 44.8% | 42.2% | 48.6% | 53.4% | 50.5% | 51.8% | |
| 1,667 | 2,096 | 9,483 | 8,533 | 12,134 | 21,375 | 36,085 | 50,738 | +62.9% | |
| EBITDA | 2,055 | 2,836 | 8,985 | 7,769 | 18,954 | 25,961 | 29,051 | 36,815 | +51.0% |
| EBITDA Margin | 10.1% | 10.8% | 21.8% | 20.1% | 29.6% | 29.3% | 22.5% | 21.8% | |
| Total D&A | 99 | 73 | 6,083 | 7,515 | 9,153 | 10,844 | 14,079 | 16,921 | nmf |
| EBIT / Operating Income | 1,956 | 2,763 | 2,901 | 253 | 9,802 | 15,117 | 14,972 | 19,894 | +39.3% |
| Total Interest Income | 0 | 36 | 5 | 0 | 0 | 0 | 0 | 0 | -87.1% |
| Total Interest Expense | 0 | 351 | 1,618 | 3,041 | 3,280 | 2,893 | 5,272 | 7,017 | +64.7% |
| 499 | 723 | 356 | 9,464 | 7,588 | 6,134 | 3,112 | 739 | nmf | |
| Profit Before Tax | 2,455 | 3,171 | 931 | 12,252 | 14,110 | 18,358 | 6,588 | 12,138 | +25.6% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 197 | 14 | -92.9% |
| Net Profit / (Loss) | 1,645 | 2,585 | 916 | 12,401 | 13,902 | 17,771 | 6,391 | 12,124 | +33.0% |
| Net Margin | 8.1% | 9.9% | 2.2% | 32.1% | 21.7% | 20.0% | 5.0% | 7.2% |
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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