System Net (შპს სისტემ ნეტ) — Georgia Financials

Georgia Financials

panel 2026-09-21Ask

System Net (შპს სისტემ ნეტ) — Georgia Financials

separate · GEL, thousands

Line item	2017	2018	2019	2020	2021	2022	2023	2024	CAGR
Total Revenue	10,446	5,757	4,921	4,336	4,002	7,202	9,655	10,324	-0.2%
Total COGS	11,750	6,604	5,819	5,053	4,514	5,951	7,221	8,220	-5.0%
Gross Profit	1,304	847	898	717	512	1,251	2,434	2,104	nmf
Gross Margin	12.5%	14.7%	18.2%	16.5%	12.8%	17.4%	25.2%	20.4%
Other Operating Income	0	0	0	0	681	624	583	632	-2.5%
	156	1,321	3,545	605	890	1,288	2,002	2,383	+47.6%
EBITDA	1,461	2,168	4,443	1,322	721	587	1,015	353	nmf
EBITDA Margin	14.0%	37.7%	90.3%	30.5%	18.0%	8.2%	10.5%	3.4%
Total D&A	33	9	8	8	7	17	24	28	-2.1%
EBIT / Operating Income	1,493	2,177	4,451	1,330	728	570	991	325	nmf
Total Interest Income	501	231	269	147	60	0	0	13	-40.6%
Total Interest Expense	31	0	0	0	0	243	96	0	+20.7%
	6,710	13,237	679	312	1,947	4,434	1,037	610	nmf
Profit Before Tax	7,733	11,291	3,503	871	1,279	4,761	1,932	948	nmf
Total Income Tax	15	0	0	0	0	0	0	0
Net Profit / (Loss)	8,738	11,184	3,600	1,020	1,188	4,633	1,932	948	nmf
Net Margin	83.7%	194.3%	73.2%	23.5%	29.7%	64.3%	20.0%	9.2%
Other Comprehensive Income	4,860	0	0	5,956	0	0	0	0	+7.0%
Total Comprehensive Income	3,878	11,184	3,600	4,936	1,188	4,633	1,932	948	nmf