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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| 1,072 | 1,466 | 354 | 551 | 623 | 1,154 | 1,048 | -0.4% | |
| Total COGS | 511 | 612 | 252 | 317 | 370 | 482 | 597 | +2.6% |
| Gross Profit | 560 | 855 | 102 | 234 | 253 | 672 | 451 | -3.5% |
| Gross Margin | 52.3% | 58.3% | 28.8% | 42.5% | 40.6% | 58.2% | 43.1% | |
| 566 | 536 | 412 | 324 | 288 | 335 | 362 | -7.2% | |
| EBITDA | 6 | 318 | 310 | 89 | 35 | 337 | 89 | nmf |
| EBITDA Margin | 0.6% | 21.7% | 87.4% | 16.2% | 5.6% | 29.2% | 8.5% | |
| Total D&A | 97 | 116 | 125 | 103 | 82 | 153 | 156 | +8.3% |
| EBIT / Operating Income | 103 | 202 | 435 | 193 | 117 | 184 | 67 | -6.9% |
| Total Interest Expense | 6 | 0 | 0 | 10 | 23 | 19 | 16 | +19.0% |
| 0 | 2 | 11 | 23 | 19 | 10 | 0 | +95.9% | |
| Profit Before Tax | 109 | 200 | 424 | 181 | 121 | 155 | 83 | -4.4% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 7 | 316 | 310 | 181 | 121 | 155 | 84 | +52.3% |
| Net Margin | 0.6% | 21.6% | 87.4% | 32.8% | 19.4% | 13.5% | 8.0% | |
| Other Comprehensive Income | 0 | 0 | 0 | 0 | 519 | 0 | 0 | |
| Total Comprehensive Income | 7 | 316 | 310 | 181 | 398 | 155 | 84 | +52.3% |
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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