ID 206255808 · FY 2017–2024 · 8 years
JSC Nikora Trade is the retail arm of the Nikora Group — Georgia's leading organised food retailer. Operates 307+ supermarket branches with 10,000+ SKUs and ~4,500 employees, selling Nikora Group own-label meat, dairy and bakery products alongside a wide third-party assortment.
curated 2026-06-03nikoraholding.gescoperatings.com
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 268,272 | 344,957 | 439,800 | 522,031 | 650,551 | 895,009 | 1,169,278 | 1,304,266 | +25.3% |
| Total COGS | -201,831 | -256,984 | -335,299 | -392,446 | -480,133 | -665,658 | -872,496 | -973,635 | +25.2% |
| Gross Profit | 66,441 | 87,973 | 104,501 | 129,585 | 170,418 | 229,351 | 296,782 | 330,631 | +25.8% |
| Gross Margin | 24.8% | 25.5% | 23.8% | 24.8% | 26.2% | 25.6% | 25.4% | 25.3% | |
| Total Operating Expenses | -29,970 | -72,653 | -66,819 | -76,475 | -103,280 | -142,461 | -197,952 | -237,307 | +34.4% |
| EBITDA | 36,471 | 15,320 | 37,682 | 53,110 | 67,138 | 86,890 | 98,830 | 93,324 | +14.4% |
| EBITDA Margin | 13.6% | 4.4% | 8.6% | 10.2% | 10.3% | 9.7% | 8.5% | 7.2% | |
| Total D&A | -5,989 | -9,396 | -30,602 | -35,265 | -36,005 | -41,826 | -51,201 | -59,924 | +39.0% |
| EBIT / Operating Income | 30,482 | 5,924 | 7,080 | 17,845 | 31,133 | 45,064 | 47,629 | 33,400 | +1.3% |
| Total Interest Income | 0 | 0 | 0 | 0 | 231 | 1,886 | 3,745 | 2,531 | +122.1% |
| Total Interest Expense | -4,137 | -4,210 | -14,192 | -15,663 | -16,132 | -15,870 | -17,462 | -19,323 | +24.6% |
| Total Other Income | -1,904 | -1,860 | -8,169 | -14,127 | 6,559 | 14,646 | 359 | -5,215 | +15.5% |
| Profit Before Tax | 24,441 | -146 | -15,281 | -11,945 | 21,791 | 45,726 | 34,271 | 11,393 | -10.3% |
| Total Income Tax | -490 | -995 | 0 | 0 | 0 | 0 | -15 | -53 | -27.2% |
| Net Profit / (Loss) | 3,442 | -1,141 | -15,281 | -14,153 | 20,203 | 44,405 | 34,256 | 11,340 | +18.6% |
| Net Margin | 1.3% | -0.3% | -3.5% | -2.7% | 3.1% | 5.0% | 2.9% | 0.9% |
Ownership & directors from companyinfo.ge (public corporate registry).