Georgian Real Estate (სს საქართველოს უძრავი ქონება)

panel 2026-09-21Ask

separate · GEL, thousands

Line item	2017	2018	2019	2020	2021	2022	2023	2024	CAGR
Total Revenue	96,519	134,483	92,461	99,510	91,309	182,420	236,469	200,655	+11.0%
Total COGS	85,164	107,684	71,901	72,607	89	160,752	222,273	196,687	+12.7%
Gross Profit	11,355	26,799	20,560	26,903	91,220	21,668	14,196	3,968	-13.9%
Gross Margin	11.8%	19.9%	22.2%	27.0%	99.9%	11.9%	6.0%	2.0%
Other Operating Income	0	0	0	184	189	519	644	1,010	+53.1%
	5,648	14,365	23,765	20,141	16,493	21,901	19,023	15,867	+15.9%
EBITDA	5,707	12,434	3,205	6,946	74,915	286	4,183	10,889	nmf
EBITDA Margin	5.9%	9.2%	3.5%	7.0%	82.0%	0.2%	1.8%	5.4%
Total D&A	508	972	3,347	4,098	2,011	3,205	2,676	2,834	+27.8%
Impairment (non-financial)	0	0	0	0	0	0	2,562	2,275	-11.2%
EBIT / Operating Income	5,199	11,462	6,552	2,848	72,904	2,919	9,421	15,998	nmf
Total Interest Income	816	517	837	844	4	1,002	599	207	-17.8%
Total Interest Expense	186	9,383	15,894	28,697	31,279	28,835	23,481	26,392	nmf
	22,435	25,183	19,487	127,306	18,229	30,732	4,381	15,167	-5.4%
Profit Before Tax	28,264	27,779	2,122	152,311	59,858	20	36,685	27,016	nmf
Total Income Tax	1,554	0	376	0	0	0	0	0	-50.8%
Net Profit / (Loss)	23,662	27,722	3,327	154,463	38,690	77,467	47,298	27,016	nmf
Net Margin	24.5%	20.6%	3.6%	155.2%	42.4%	42.5%	20.0%	13.5%
Other Comprehensive Income	0	0	488	5,696	1,774	0	0	0	+90.7%
Total Comprehensive Income	23,662	27,722	3,815	160,159	40,464	77,467	47,298	27,016	nmf

Georgian Real Estate