ID 204876606 · FY 2017–2024 · 8 years
Group parent — controls 1 company
Magticom LLC is the largest mobile network operator in Georgia by subscribers and revenue, founded 1996. Provides 4G/5G mobile, fixed broadband (via the MagtiNET FTTH network), pay-TV and data-centre services; majority-owned by the Bokeria/Jokhtaberidze family with Metromedia as minority shareholder.
curated 2026-06-03magticom.geen.wikipedia.org
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 418,745 | 456,264 | 471,292 | 462,183 | 520,433 | 630,498 | 699,453 | 735,411 | +8.4% |
| Total COGS | -135,477 | -125,573 | -87,436 | -81,626 | -85,700 | -78,531 | -78,892 | -86,405 | -6.2% |
| Gross Profit | 283,268 | 330,691 | 383,856 | 380,557 | 434,733 | 551,967 | 620,561 | 649,006 | +12.6% |
| Gross Margin | 67.6% | 72.5% | 81.4% | 82.3% | 83.5% | 87.5% | 88.7% | 88.3% | |
| Total Operating Expenses | -31,282 | -86,193 | -67,700 | -80,094 | -74,062 | -74,101 | -88,798 | -112,764 | +20.1% |
| EBITDA | 251,986 | 244,498 | 316,156 | 300,463 | 360,671 | 477,866 | 531,763 | 536,242 | +11.4% |
| EBITDA Margin | 60.2% | 53.6% | 67.1% | 65.0% | 69.3% | 75.8% | 76.0% | 72.9% | |
| Total D&A | -92,711 | -100,651 | -108,408 | -116,065 | -120,949 | -121,590 | -122,971 | -121,510 | +3.9% |
| EBIT / Operating Income | 159,275 | 143,847 | 207,748 | 184,398 | 239,722 | 356,276 | 408,792 | 414,732 | +14.7% |
| Total Interest Income | 1,491 | 624 | 1,244 | 7,547 | 1,871 | 3,067 | 15,538 | 14,236 | +38.0% |
| Total Interest Expense | -19,670 | -17,008 | -13,518 | -8,516 | -6,775 | -5,519 | -4,989 | -7,208 | -13.4% |
| Total Other Income | -7,641 | -5,572 | -18,838 | 7,162 | 921 | -11,896 | -5,882 | 13,834 | nmf |
| Profit Before Tax | 133,455 | 121,891 | 176,636 | 190,591 | 235,739 | 341,928 | 413,459 | 435,594 | +18.4% |
| Total Income Tax | 0 | 0 | 0 | 0 | -6,137 | -29,741 | -51,825 | -61,533 | +115.6% |
| Net Profit / (Loss) | 77,084 | 116,663 | 171,302 | 185,846 | 224,913 | 307,415 | 361,634 | 374,061 | +25.3% |
| Net Margin | 18.4% | 25.6% | 36.3% | 40.2% | 43.2% | 48.8% | 51.7% | 50.9% |
Ownership & directors from companyinfo.ge (public corporate registry).