Georgian Oil and Gas Corporation (სს საქართველოს ნავთობისა და გაზის კორპორაცია)

panel 2026-09-21Ask

separate · GEL, thousands

Line item	2017	2018	2019	2020	2021	2022	2023	2024	CAGR
Total Revenue	671,586	642,651	873,748	997,212	1,114,608	1,353,481	1,404,908	1,648,694	+13.7%
Total COGS	392,649	367,473	616,415	746,056	918,941	1,225,365	1,201,992	1,313,223	+18.8%
Gross Profit	278,937	275,178	257,333	251,156	195,667	128,116	202,916	335,471	+2.7%
Gross Margin	41.5%	42.8%	29.5%	25.2%	17.6%	9.5%	14.4%	20.3%
	11,275	50,326	57,116	44,438	55,649	66,852	72,209	87,911	+34.1%
EBITDA	267,662	224,852	200,217	206,718	140,018	61,264	130,707	247,560	-1.1%
EBITDA Margin	39.9%	35.0%	22.9%	20.7%	12.6%	4.5%	9.3%	15.0%
Total D&A	37,322	37,798	41,152	58,814	70,869	62,938	63,641	64,422	+8.1%
Impairment (non-financial)	0	0	0	0	4,987	0	0	0
EBIT / Operating Income	230,340	187,054	159,065	147,904	64,162	1,674	67,066	183,138	-3.2%
Total Interest Income	68,432	42,391	22,828	17,066	9,287	17,656	34,774	34,684	-9.3%
Total Interest Expense	55,879	42,634	27,564	54,694	47,114	31,472	57,601	49,680	-1.7%
	10,128	18,494	18,490	93,290	126,720	140,049	5,821	15,266	+6.0%
Profit Before Tax	253,021	168,317	135,839	16,986	153,055	124,559	50,060	183,408	-4.5%
Total Income Tax	2,059	0	0	0	0	0	0	0
Net Profit / (Loss)	220,406	157,276	120,152	3,197	137,567	109,113	50,060	183,408	-2.6%
Net Margin	32.8%	24.5%	13.8%	0.3%	12.3%	8.1%	3.6%	11.1%

Georgian Oil and Gas Corporation