ID 221272851 · FY 2018–2024 · 7 years
Founded in 2006 in Tskaltubo, Herbia is Georgia's leading producer of GlobalGAP-certified greenhouse-grown culinary herbs and vegetables (basil, cilantro, parsley, etc.). It holds roughly a 70% market share for packaged herbs domestically and exports to the EU.
curated 2026-06-03herbia.geeast-fruit.com
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 4,692 | 5,748 | 7,867 | 5,136 | 12,007 | 14,923 | 15,847 | +22.5% |
| Total COGS | -2,544 | -2,620 | -4,197 | -722 | -5,582 | -6,051 | -6,886 | +18.0% |
| Gross Profit | 2,148 | 3,128 | 3,670 | 4,414 | 6,425 | 8,872 | 8,962 | +26.9% |
| Gross Margin | 45.8% | 54.4% | 46.6% | 85.9% | 53.5% | 59.5% | 56.5% | |
| Total Operating Expenses | -688 | -1,585 | -1,277 | -2,966 | -4,891 | -4,092 | -5,452 | +41.2% |
| EBITDA | 1,460 | 1,543 | 2,393 | 1,448 | 1,534 | 4,780 | 3,509 | +15.7% |
| EBITDA Margin | 31.1% | 26.8% | 30.4% | 28.2% | 12.8% | 32.0% | 22.1% | |
| Total D&A | -76 | -283 | -335 | -458 | 0 | 0 | 0 | +82.0% |
| EBIT / Operating Income | 1,384 | 1,260 | 2,058 | 990 | 1,534 | 4,780 | 3,509 | +16.8% |
| Total Interest Income | 0 | 0 | 0 | 2 | 217 | 0 | 0 | nmf |
| Total Interest Expense | -48 | -26 | -96 | -204 | -690 | -1,165 | -1,159 | +70.0% |
| Total Other Income | 395 | 7 | -83 | 237 | 475 | 0 | 0 | nmf |
| Profit Before Tax | 1,731 | 1,240 | 1,879 | 1,024 | 1,537 | 3,615 | 2,350 | +5.2% |
| Total Income Tax | -128 | -71 | -105 | 0 | -506 | -112 | -37 | -18.9% |
| Net Profit / (Loss) | 1,326 | 1,478 | 1,922 | 1,448 | 1,534 | 3,504 | 2,314 | +9.7% |
| Net Margin | 28.3% | 25.7% | 24.4% | 28.2% | 12.8% | 23.5% | 14.6% |
Ownership & directors from companyinfo.ge (public corporate registry).