ID 204524568 · FY 2017–2024 · 8 years
Subsidiary of სახელმწიფო (100.0%)
State-owned company managing Georgia's irrigation and drainage / amelioration infrastructure. PIE filer.
curated 2026-06-03reportal.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 20,974 | 21,439 | 23,969 | 2,916 | 5,856 | 6,274 | 6,361 | 6,996 | -14.5% |
| Total COGS | 0 | 0 | 0 | -1,454 | -1,416 | -1,352 | -1,589 | -1,754 | +4.8% |
| Gross Profit | 20,974 | 21,439 | 23,969 | 1,462 | 4,440 | 4,922 | 4,772 | 5,242 | -18.0% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 50.1% | 75.8% | 78.5% | 75.0% | 74.9% | |
| Total Operating Expenses | -44,780 | -52,130 | -44,161 | -28,227 | -32,669 | -37,470 | -39,253 | -41,391 | -1.1% |
| EBITDA | -23,806 | -30,691 | -20,192 | -26,765 | -28,229 | -32,548 | -34,481 | -36,149 | +6.1% |
| EBITDA Margin | -113.5% | -143.2% | -84.2% | -917.9% | -482.1% | -518.8% | -542.1% | -516.7% | |
| Total D&A | -6,552 | -6,716 | -6,232 | -6,980 | -7,923 | -7,105 | -2,452 | -3,305 | -9.3% |
| EBIT / Operating Income | -30,357 | -37,408 | -26,424 | -33,745 | -36,152 | -39,653 | -36,933 | -39,454 | +3.8% |
| Total Interest Income | 468 | 1,709 | 937 | 1,507 | 3,997 | 1,094 | 3,369 | 2,964 | +30.2% |
| Total Interest Expense | -940 | -1,374 | -1,298 | 0 | 0 | 0 | 0 | 0 | +17.5% |
| Total Other Income | 0 | -79 | -1,304 | -87,339 | 19,199 | 218 | 3,288 | 7,980 | nmf |
| Profit Before Tax | -30,829 | -37,151 | -28,089 | -119,577 | -12,956 | -38,341 | -30,276 | -28,510 | -1.1% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | -47,773 | -39,280 | -30,846 | -120,306 | -13,695 | -39,363 | -30,276 | -28,510 | -7.1% |
| Net Margin | -227.8% | -183.2% | -128.7% | -4125.7% | -233.9% | -627.4% | -476.0% | -407.5% |
Ownership & directors from companyinfo.ge (public corporate registry).