ID 204935099 · FY 2017–2024 · 8 years
One of Georgia's larger wine producers and exporters under the 'Georgian Wine' / 'Tbilvino-adjacent' brands, with operations across Kakheti.
curated 2026-06-03reportal.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 8,663 | 10,482 | 13,529 | 17,342 | 20,161 | 16,184 | 10,476 | 11,948 | +4.7% |
| Total COGS | -4,442 | -5,701 | -7,099 | -8,732 | -9,157 | -8,081 | -5,948 | -5,945 | +4.2% |
| Gross Profit | 4,221 | 4,781 | 6,430 | 8,610 | 11,004 | 8,103 | 4,528 | 6,003 | +5.2% |
| Gross Margin | 48.7% | 45.6% | 47.5% | 49.6% | 54.6% | 50.1% | 43.2% | 50.2% | |
| Total Operating Expenses | -878 | -1,839 | -2,701 | -2,872 | -2,250 | -3,052 | -3,236 | -3,694 | +22.8% |
| EBITDA | 3,343 | 2,943 | 3,729 | 5,737 | 8,755 | 5,051 | 1,292 | 2,309 | -5.1% |
| EBITDA Margin | 38.6% | 28.1% | 27.6% | 33.1% | 43.4% | 31.2% | 12.3% | 19.3% | |
| Total D&A | -418 | -536 | -728 | -895 | -951 | -1,034 | -1,211 | -1,211 | +16.4% |
| EBIT / Operating Income | 2,925 | 2,407 | 3,000 | 4,843 | 7,804 | 4,017 | 81 | 1,098 | -13.1% |
| Total Interest Income | 0 | 0 | 8 | 111 | 0 | 0 | 4 | 19 | +19.2% |
| Total Interest Expense | -334 | -656 | -1,038 | -732 | -851 | -915 | -1,039 | -375 | +1.7% |
| Total Other Income | 0 | -16 | -119 | -685 | -48 | -192 | 493 | -9 | -9.0% |
| Profit Before Tax | 2,591 | 1,735 | 1,852 | 3,537 | 6,904 | 2,910 | -462 | 733 | -16.5% |
| Total Income Tax | 0 | 0 | 0 | 0 | -9 | -5 | 0 | -49 | +77.8% |
| Net Profit / (Loss) | 1,676 | 1,673 | 1,771 | 3,439 | 6,797 | 2,790 | -462 | 684 | -12.0% |
| Net Margin | 19.3% | 16.0% | 13.1% | 19.8% | 33.7% | 17.2% | -4.4% | 5.7% |
Ownership & directors from companyinfo.ge (public corporate registry).