* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2021 0 · FY2022 0 · FY2023 0
Operates in Real Estate — Rental & Investment Property. Per the activity note to the FY2023 annual report, the company leases a concert hall and other commercial spaces under operating leases.
Subsidiary of Asset Management and Development Company (100.0%)
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,945 | 1,519 | 1,536 | 909 | 886 | 1,528 | 1,993 | +0.4% |
| Total COGS | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Gross Profit | 1,945 | 1,519 | 1,536 | 909 | 886 | 1,528 | 1,993 | +0.4% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| Other Operating Income | 0 | 0 | 211 | 86 | 132 | 133 | 119 | -13.3% |
| 597 | 1,845 | 1,768 | 1,564 | 1,742 | 1,848 | 2,062 | +22.9% | |
| EBITDA | 1,348 | 326 | 22 | 569 | 724 | 187 | 50 | -42.2% |
| EBITDA Margin | 69.3% | 21.5% | 1.4% | 62.6% | 81.7% | 12.2% | 2.5% | |
| Total D&A | 357 | 347 | 259 | 212 | 313 | 308 | 314 | -2.1% |
| EBIT / Operating Income | 991 | 673 | 281 | 781 | 1,037 | 495 | 264 | nmf |
| Total Interest Income | 285 | 278 | 230 | 266 | 50 | 17 | 7 | -46.7% |
| Total Interest Expense | 0 | 0 | 0 | 0 | 0 | 10 | 26 | +158.9% |
| 137 | 426 | 106 | 123 | 290 | 267 | 300 | +14.0% | |
| Profit Before Tax | 1,413 | 31 | 55 | 392 | 698 | 220 | 16 | -52.5% |
| Total Income Tax | 5 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 510 | 76 | 5,267 | 508 | 772 | 220 | 16 | -43.8% |
| Net Margin | 26.2% | 5.0% | 342.9% | 55.9% | 87.2% | 14.4% | 0.8% | |
| Other Comprehensive Income | 0 | 0 | 0 | 445 | 0 | 0 | 0 | |
| Total Comprehensive Income | 510 | 76 | 5,267 | 63 | 772 | 220 | 16 | -43.8% |
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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