* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 4,000 · FY2023 4,000 · FY2024 5,000 — 3-yr total 13,000
Operates in Logistics & Transport. Per the activity note to the FY2024 annual report, the group transports freight, inspects cargo at the Port of Poti, provides loading and unloading services, operates a port facility and acts as a shipping agent. Consolidated subsidiaries are Poti New Sea Port (75%, formerly Pace Terminal), which runs a warehouse and port operation next to Poti port, and Pace Maritime Agency; jointly-controlled Transford holds B&P and Metalex Trans, both handling loading and unloading inside the Poti terminals.
Group parent — controls 5 companies · ownership
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 51,429 | 57,438 | 76,910 | 96,659 | 115,869 | 140,529 | 127,962 | 131,898 | +14.4% |
| Total COGS | 42,570 | 46,634 | 60,283 | 83,261 | 98,124 | 114,463 | 99,999 | 114,733 | +15.2% |
| Gross Profit | 8,859 | 10,804 | 16,627 | 13,398 | 17,745 | 26,066 | 27,963 | 17,165 | +9.9% |
| Gross Margin | 17.2% | 18.8% | 21.6% | 13.9% | 15.3% | 18.5% | 21.9% | 13.0% | |
| Other Operating Income | 0 | 0 | 0 | 438 | 480 | 5,132 | 16,627 | 17,372 | +151.0% |
| Total Operating Expenses | 3,833 | 3,623 | 5,088 | 5,001 | 5,409 | 6,572 | 7,583 | 7,863 | +10.8% |
| EBITDA | 5,026 | 7,181 | 11,539 | 8,835 | 12,816 | 24,626 | 37,007 | 26,674 | +26.9% |
| EBITDA Margin | 9.8% | 12.5% | 15.0% | 9.1% | 11.1% | 17.5% | 28.9% | 20.2% | |
| Total D&A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| EBIT / Operating Income | 5,026 | 7,181 | 11,539 | 8,835 | 12,816 | 24,626 | 37,007 | 26,674 | +26.9% |
| Total Interest Income | 48 | 1,168 | 2,103 | 3,635 | 3,291 | 1,892 | 0 | 0 | nmf |
| Total Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 2,424 | 2,527 | +4.2% |
| 5,224 | 2,212 | 3,119 | 3,425 | 1,236 | 6,862 | 69 | 1,085 | -20.1% | |
| Profit Before Tax | 10,202 | 6,137 | 16,761 | 15,895 | 17,343 | 33,380 | 34,514 | 25,232 | +13.8% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 10,202 | 6,137 | 16,761 | 15,895 | 17,343 | 33,380 | 34,514 | 25,232 | +13.8% |
| Net Margin | 19.8% | 10.7% | 21.8% | 16.4% | 15.0% | 23.8% | 27.0% | 19.1% |
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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