ID 205050567 · FY 2017–2023 · 7 years
Private university in Tbilisi offering business, law, technology and humanities programs; one of Georgia's leading business schools.
curated 2026-06-03reportal.gecu.edu.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 9,508 | 17,800 | 17,477 | 20,886 | 25,332 | 32,533 | 42,581 | +28.4% |
| Total COGS | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Gross Profit | 9,508 | 17,800 | 17,477 | 20,886 | 25,332 | 32,533 | 42,581 | +28.4% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| Total Operating Expenses | -2,487 | -10,253 | -12,810 | -12,946 | -16,038 | -21,602 | -29,701 | +51.2% |
| EBITDA | 7,021 | 7,547 | 4,667 | 7,940 | 9,294 | 10,931 | 12,880 | +10.6% |
| EBITDA Margin | 73.8% | 42.4% | 26.7% | 38.0% | 36.7% | 33.6% | 30.2% | |
| Total D&A | -317 | -1,469 | -1,505 | -1,593 | -1,693 | -1,686 | -1,339 | +27.2% |
| EBIT / Operating Income | 6,704 | 6,078 | 3,163 | 6,347 | 7,601 | 9,245 | 11,541 | +9.5% |
| Total Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 401 | |
| Total Interest Expense | -684 | -1,307 | -1,076 | -696 | -396 | -69 | 0 | -36.8% |
| Total Other Income | 185 | 720 | 684 | 161 | -120 | -406 | 183 | -0.2% |
| Profit Before Tax | 6,205 | 5,491 | 2,771 | 5,812 | 7,086 | 8,770 | 12,125 | +11.8% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 2,148 | 5,319 | 2,583 | 5,625 | 6,887 | 8,770 | 12,125 | +33.4% |
| Net Margin | 22.6% | 29.9% | 14.8% | 26.9% | 27.2% | 27.0% | 28.5% |
Ownership & directors from companyinfo.ge (public corporate registry).