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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,774 | 1,213 | 961 | 1,246 | 713 | 525 | 1,005 | -9.0% |
| Total COGS | 378 | 275 | 441 | 317 | 310 | 262 | 496 | +4.6% |
| Gross Profit | 1,396 | 938 | 521 | 929 | 403 | 263 | 509 | -15.5% |
| Gross Margin | 78.7% | 77.4% | 54.2% | 74.6% | 56.5% | 50.1% | 50.7% | |
| 491 | 386 | 356 | 365 | 461 | 457 | 533 | +1.4% | |
| EBITDA | 905 | 552 | 164 | 564 | 58 | 193 | 24 | nmf |
| EBITDA Margin | 51.0% | 45.5% | 17.1% | 45.3% | 8.2% | 36.8% | 2.4% | |
| Total D&A | 108 | 142 | 155 | 163 | 197 | 0 | 0 | +16.0% |
| EBIT / Operating Income | 796 | 410 | 9 | 401 | 255 | 193 | 24 | nmf |
| Total Interest Income | 0 | 0 | 0 | 0 | 3 | 0 | 0 | |
| Total Interest Expense | 34 | 0 | 0 | 0 | 46 | 0 | 0 | +8.2% |
| 12 | 0 | 0 | 0 | 15 | 10 | 114 | +44.9% | |
| Profit Before Tax | 775 | 410 | 9 | 401 | 313 | 184 | 90 | -30.1% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 905 | 410 | 9 | 401 | 313 | 246 | 37 | nmf |
| Net Margin | 51.0% | 33.8% | 0.9% | 32.2% | 43.9% | 46.8% | 3.7% |
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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