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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 2,916 · FY2023 3,904 · FY2024 999 — 3-yr total 7,820
Official Georgian distributor of Hyundai passenger cars and commercial vehicles, operating dealership and service network.
| Line item | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 54,566 | 27,506 | 25,369 | 39,139 | 106,696 | 100,323 | 77,546 | +5.1% |
| Total COGS | 51,400 | 23,782 | 21,506 | 33,976 | 94,239 | 76,609 | 64,854 | +3.4% |
| Gross Profit | 3,166 | 3,724 | 3,863 | 5,162 | 12,457 | 23,714 | 12,692 | +21.9% |
| Gross Margin | 5.8% | 13.5% | 15.2% | 13.2% | 11.7% | 23.6% | 16.4% | |
| 3,540 | 3,092 | 3,264 | 3,035 | 4,024 | 5,859 | 5,144 | +5.5% | |
| EBITDA | 374 | 632 | 599 | 2,127 | 8,433 | 17,855 | 7,548 | nmf |
| EBITDA Margin | 0.7% | 2.3% | 2.4% | 5.4% | 7.9% | 17.8% | 9.7% | |
| Total D&A | 0 | 0 | 350 | 329 | 343 | 396 | 389 | +2.7% |
| EBIT / Operating Income | 374 | 632 | 249 | 1,798 | 8,090 | 17,459 | 7,159 | nmf |
| Total Interest Income | 0 | 0 | 132 | 226 | 118 | 123 | 104 | -5.8% |
| Total Interest Expense | 128 | 604 | 561 | 814 | 1,577 | 3,485 | 150 | nmf |
| Total Other Income | 408 | 464 | 475 | 728 | 101 | 22 | 2,156 | +26.8% |
| Profit Before Tax | 162 | 492 | 296 | 1,938 | 6,731 | 14,119 | 9,269 | +78.3% |
| Total Income Tax | 0 | 0 | 0 | 0 | 210 | 134 | 39 | -56.8% |
| Net Profit / (Loss) | 162 | 492 | 296 | 1,938 | 6,521 | 13,985 | 9,230 | +78.2% |
| Net Margin | 0.3% | 1.8% | 1.2% | 5.0% | 6.1% | 13.9% | 11.9% | |
| Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 1,710 | |
| Total Comprehensive Income | 162 | 492 | 296 | 1,938 | 6,521 | 13,985 | 10,940 | +82.5% |
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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