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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 1,202 · FY2023 0 · FY2024 0 — 3-yr total 1,202
Georgian fiber-optic telecom infrastructure / internet service provider.
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 12,689 | 9,119 | 8,698 | 8,092 | 7,178 | 5,792 | 6,308 | 7,351 | -7.5% |
| Total COGS | 6,005 | 4,672 | 4,981 | 4,639 | 4,191 | 3,938 | 4,410 | 4,745 | -3.3% |
| Gross Profit | 6,684 | 4,447 | 3,717 | 3,453 | 2,987 | 1,854 | 1,898 | 2,606 | -12.6% |
| Gross Margin | 52.7% | 48.8% | 42.7% | 42.7% | 41.6% | 32.0% | 30.1% | 35.5% | |
| Other Operating Income | 0 | 0 | 0 | 0 | 0 | 0 | 78 | 80 | +2.6% |
| 548 | 1,853 | 1,525 | 1,280 | 886 | 917 | 1,372 | 1,884 | +19.3% | |
| EBITDA | 6,136 | 2,594 | 2,192 | 2,173 | 2,101 | 937 | 604 | 802 | -25.2% |
| EBITDA Margin | 48.4% | 28.4% | 25.2% | 26.9% | 29.3% | 16.2% | 9.6% | 10.9% | |
| Total D&A | 3 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | -14.5% |
| EBIT / Operating Income | 6,133 | 2,594 | 2,192 | 2,173 | 2,101 | 937 | 603 | 801 | -25.2% |
| Total Interest Income | 142 | 0 | 0 | 0 | 0 | 292 | 0 | 0 | +15.5% |
| Total Interest Expense | 503 | 672 | 1,046 | 1,836 | 498 | 0 | 510 | 347 | -5.2% |
| Total Other Income | 111 | 19 | 4 | 54 | 275 | 1,400 | 543 | 41 | nmf |
| Profit Before Tax | 5,661 | 1,903 | 1,150 | 391 | 1,878 | 2,629 | 636 | 495 | -29.4% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 4,905 | 1,872 | 1,118 | 359 | 1,850 | 2,612 | 636 | 495 | -27.9% |
| Net Margin | 38.7% | 20.5% | 12.9% | 4.4% | 25.8% | 45.1% | 10.1% | 6.7% |
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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