ID 204571668 · FY 2017–2024 · 8 years
Ori Nabiji ("Two Steps") is one of the largest grocery supermarket chains in Georgia, founded in 2010, pioneering the neighborhood store format. It operates 400+ stores across Tbilisi, Batumi, Kutaisi and smaller towns, employs ~4,000 people, and runs an online ordering and home-delivery platform.
curated 2026-06-032nabiji.gege.linkedin.comkompas.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 168,212 | 232,055 | 313,989 | 409,932 | 592,660 | 878,666 | 1,116,493 | 1,355,580 | +34.7% |
| Total COGS | -139,989 | -201,188 | -263,325 | -328,885 | -485,552 | -713,632 | -906,479 | -1,112,099 | +34.5% |
| Gross Profit | 28,223 | 30,866 | 50,664 | 81,047 | 107,108 | 165,034 | 210,014 | 243,481 | +36.0% |
| Gross Margin | 16.8% | 13.3% | 16.1% | 19.8% | 18.1% | 18.8% | 18.8% | 18.0% | |
| Total Operating Expenses | -14,114 | -31,974 | -30,942 | -39,909 | -54,720 | -78,103 | -100,991 | -126,510 | +36.8% |
| EBITDA | 14,109 | -1,107 | 19,722 | 41,137 | 52,388 | 86,930 | 109,023 | 116,971 | +35.3% |
| EBITDA Margin | 8.4% | -0.5% | 6.3% | 10.0% | 8.8% | 9.9% | 9.8% | 8.6% | |
| Total D&A | -1,909 | -2,614 | -14,646 | -19,669 | -24,233 | -30,470 | -35,657 | -42,807 | +55.9% |
| EBIT / Operating Income | 12,200 | -3,721 | 5,076 | 21,468 | 28,155 | 56,460 | 73,366 | 74,164 | +29.4% |
| Total Interest Income | 0 | 233 | 87 | 195 | 235 | 645 | 853 | 1,019 | +27.9% |
| Total Interest Expense | -1,391 | -1,515 | -4,501 | -5,610 | -7,209 | -6,977 | -7,272 | -8,037 | +28.5% |
| Total Other Income | 5,440 | 10,314 | 8,110 | -7,273 | 4,704 | 12,361 | 423 | -4,173 | nmf |
| Profit Before Tax | 16,249 | 5,310 | 8,772 | 8,780 | 25,886 | 62,489 | 67,370 | 62,973 | +21.4% |
| Total Income Tax | 0 | -246 | -373 | -2,396 | -4,630 | -8,260 | -10,127 | -11,434 | +89.6% |
| Net Profit / (Loss) | 3,945 | 4,051 | 8,141 | 5,441 | 20,439 | 54,035 | 57,243 | 51,539 | +44.4% |
| Net Margin | 2.3% | 1.7% | 2.6% | 1.3% | 3.4% | 6.1% | 5.1% | 3.8% |
Ownership & directors from companyinfo.ge (public corporate registry).