ID 204396377 · FY 2017–2024 · 8 years
Group parent — controls 1 company
Georgia's leading card-processing and electronic-payments company, providing switching and acquiring services to most Georgian banks. Majority-owned by Bank of Georgia.
curated 2026-06-03reportal.gegeorgiancard.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 16,233 | 18,923 | 22,736 | 27,089 | 33,378 | 42,340 | 53,186 | 64,751 | +21.9% |
| Total COGS | 0 | 0 | -1,320 | -3,402 | -3,188 | -2,156 | -3,463 | -4,254 | +26.4% |
| Gross Profit | 16,233 | 18,923 | 21,416 | 23,687 | 30,190 | 40,184 | 49,723 | 60,497 | +20.7% |
| Gross Margin | 100.0% | 100.0% | 94.2% | 87.4% | 90.4% | 94.9% | 93.5% | 93.4% | |
| Total Operating Expenses | -4,252 | -11,758 | -12,503 | -13,450 | -16,055 | -18,317 | -21,862 | -28,826 | +31.4% |
| EBITDA | 11,981 | 7,165 | 8,913 | 10,237 | 14,135 | 21,867 | 27,861 | 31,671 | +14.9% |
| EBITDA Margin | 73.8% | 37.9% | 39.2% | 37.8% | 42.3% | 51.6% | 52.4% | 48.9% | |
| Total D&A | -3,242 | -3,671 | -4,912 | -5,823 | -7,225 | -7,508 | -7,832 | -7,812 | +13.4% |
| EBIT / Operating Income | 8,739 | 3,494 | 4,001 | 4,414 | 6,910 | 14,359 | 20,029 | 23,859 | +15.4% |
| Total Interest Income | 18 | 23 | 8 | 4 | 0 | 289 | 1,476 | 1,277 | +83.8% |
| Total Interest Expense | -9 | 0 | -71 | -92 | -70 | -94 | -137 | -351 | +68.8% |
| Total Other Income | -15 | -40 | 22 | 44 | -30 | -87 | -44 | -270 | +51.1% |
| Profit Before Tax | 8,733 | 3,477 | 3,960 | 4,370 | 6,810 | 14,467 | 21,324 | 24,515 | +15.9% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 1,654 | 1,748 | 3,499 | 3,747 | 6,129 | 13,852 | 21,324 | 24,515 | +47.0% |
| Net Margin | 10.2% | 9.2% | 15.4% | 13.8% | 18.4% | 32.7% | 40.1% | 37.9% |
Ownership & directors from companyinfo.ge (public corporate registry).