ID 212918976 · FY 2017–2024 · 8 years
Microfinance organization headquartered in Kutaisi since 2009, offering gold-backed loans, money transfers, currency exchange and consumer credit. Reports as a PIE under bank-form rules.
curated 2026-06-03smartfin.getbcpay.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Net interest income | -335 | 3,006 | 3,897 | 3,780 | 4,820 | 6,054 | 6,842 | 7,713 | nmf |
| Net fee and commission income | 238 | 240 | 266 | 1,040 | 1,157 | 1,239 | 1,258 | 1,465 | +29.6% |
| Net foreign currency gain / (loss) | 0 | 563 | 417 | -270 | 926 | 2,174 | 654 | 186 | -16.8% |
| Net other income | 0 | 59 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Operating income | -97 | 3,867 | 4,580 | 4,549 | 6,903 | 9,467 | 8,755 | 9,364 | nmf |
| Operating expenses | -942 | -2,220 | -2,318 | -2,284 | -2,486 | -2,669 | -3,232 | -3,430 | +20.3% |
| Operating income before cost of risk | -1,039 | 1,647 | 2,262 | 2,264 | 4,417 | 6,798 | 5,522 | 5,934 | nmf |
| Cost of risk | 0 | 0 | 0 | -36 | -41 | -259 | -40 | 51 | nmf |
| Profit before income tax | 1,508 | 2,032 | 2,281 | 2,228 | 4,376 | 6,538 | 5,482 | 5,985 | +21.8% |
| Income tax expense | -266 | -307 | -395 | -318 | -583 | -1,004 | -1,121 | -1,199 | +24.0% |
| Profit | 1,242 | 1,725 | 1,886 | 1,910 | 3,793 | 5,534 | 4,362 | 4,786 | +21.3% |
| Net profit margin | -1276.3% | 44.6% | 41.2% | 42.0% | 54.9% | 58.5% | 49.8% | 51.1% |
Ownership & directors from companyinfo.ge (public corporate registry).