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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 0 · FY2023 0 · FY2024 0
Georgian branch of CRBC, a major Chinese state-owned infrastructure contractor, executing road and bridge projects including sections of the East-West Highway.
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|
| Total Revenue | 30,038 | 159,764 | 223,204 | 345,773 | 312,700 | 121,838 | +32.3% |
| Total COGS | 34,922 | 159,667 | 238,861 | 369,534 | 366,709 | 224,287 | +45.1% |
| Gross Profit | 4,884 | 98 | 15,656 | 23,761 | 54,009 | 102,449 | +83.8% |
| Gross Margin | 16.3% | 0.1% | 7.0% | 6.9% | 17.3% | 84.1% | |
| 8,304 | 9,092 | 6,953 | 9,064 | 9,201 | 5,899 | -6.6% | |
| EBITDA | 13,188 | 8,995 | 22,610 | 32,825 | 63,209 | 108,348 | +52.4% |
| EBITDA Margin | 43.9% | 5.6% | 10.1% | 9.5% | 20.2% | 88.9% | |
| Total D&A | 328 | 340 | 550 | 570 | 649 | 302 | -1.6% |
| EBIT / Operating Income | 13,516 | 9,335 | 23,160 | 33,395 | 63,858 | 108,650 | +51.7% |
| Total Interest Income | 2,208 | 416 | 521 | 370 | 435 | 505 | -25.5% |
| 14,125 | 27,786 | 35,188 | 31,892 | 5,619 | 29,172 | nmf | |
| Profit Before Tax | 2,816 | 18,868 | 12,548 | 1,133 | 69,042 | 137,317 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 2,816 | 18,868 | 11,741 | 1,902 | 69,042 | 137,317 | nmf |
| Net Margin | 9.4% | 11.8% | 5.3% | 0.5% | 22.1% | 112.7% | |
| Other Comprehensive Income | 0 | 0 | 0 | 2,031 | 1,360 | 0 | -33.0% |
| Total Comprehensive Income | 2,816 | 18,868 | 11,741 | 129 | 67,682 | 137,317 | nmf |
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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