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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 95 · FY2023 61 · FY2024 2,613 — 3-yr total 2,769
Owner / operator related to the historic Chreli Abano sulphur baths in Tbilisi's Abanotubani district, a notable bathhouse and hospitality venue.
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,422 | 3,849 | 4,849 | 979 | 2,667 | 4,792 | 5,970 | 7,440 | +26.7% |
| Total COGS | 536 | 922 | 1,417 | 868 | 963 | 1,411 | 1,794 | 2,102 | +21.5% |
| Gross Profit | 885 | 2,927 | 3,431 | 111 | 1,705 | 3,381 | 4,176 | 5,338 | +29.3% |
| Gross Margin | 62.3% | 76.0% | 70.8% | 11.3% | 63.9% | 70.6% | 70.0% | 71.7% | |
| Other Operating Income | 0 | 0 | 0 | 22 | 0 | 0 | 0 | 0 | |
| 50 | 578 | 556 | 340 | 455 | 617 | 1,144 | 2,005 | +69.6% | |
| EBITDA | 835 | 2,350 | 2,876 | 207 | 1,250 | 2,764 | 3,032 | 3,333 | +21.9% |
| EBITDA Margin | 58.8% | 61.0% | 59.3% | 21.2% | 46.9% | 57.7% | 50.8% | 44.8% | |
| Total D&A | 22 | 14 | 13 | 19 | 41 | 46 | 44 | 58 | +15.2% |
| EBIT / Operating Income | 814 | 2,336 | 2,863 | 226 | 1,209 | 2,718 | 2,989 | 3,275 | +22.0% |
| Total Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 93 | |
| Total Interest Expense | 110 | 96 | 82 | 14 | 87 | 36 | 16 | 26 | -18.6% |
| 138 | 23 | 62 | 89 | 167 | 121 | 10 | 76 | -8.2% | |
| Profit Before Tax | 567 | 2,217 | 2,720 | 330 | 954 | 2,804 | 2,982 | 3,266 | +28.4% |
| Total Income Tax | 0 | 0 | 13 | 4 | 5 | 14 | 15 | 335 | +90.9% |
| Net Profit / (Loss) | 468 | 2,156 | 2,646 | 395 | 885 | 2,716 | 2,967 | 2,931 | +30.0% |
| Net Margin | 32.9% | 56.0% | 54.6% | 40.4% | 33.2% | 56.7% | 49.7% | 39.4% |
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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