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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 0 · FY2023 0 · FY2024 0
Subsidiary of Nikora (90.5%)
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,496 | 2,477 | 1,860 | 2,094 | 2,911 | 2,755 | 2,866 | 2,816 | +1.7% |
| Total COGS | 1,554 | 1,563 | 1,517 | 1,885 | 2,231 | 1,748 | 1,915 | 2,235 | +5.3% |
| Gross Profit | 942 | 914 | 343 | 209 | 680 | 1,007 | 951 | 581 | -6.7% |
| Gross Margin | 37.7% | 36.9% | 18.4% | 10.0% | 23.4% | 36.6% | 33.2% | 20.6% | |
| Other Operating Income | 0 | 0 | 1,517 | 0 | 0 | 0 | 0 | 0 | |
| 56 | 140 | 1,752 | 381 | 442 | 395 | 347 | 395 | +32.2% | |
| EBITDA | 886 | 774 | 108 | 172 | 238 | 612 | 604 | 186 | -20.0% |
| EBITDA Margin | 35.5% | 31.2% | 5.8% | 8.2% | 8.2% | 22.2% | 21.1% | 6.6% | |
| Total D&A | 3 | 2 | 3 | 0 | 0 | 0 | 0 | 0 | +0.0% |
| EBIT / Operating Income | 883 | 772 | 105 | 172 | 238 | 612 | 604 | 186 | -19.9% |
| Total Interest Expense | 152 | 123 | 170 | 227 | 255 | 252 | 243 | 199 | +3.9% |
| 72 | 143 | 243 | 153 | 129 | 92 | 10 | 2 | nmf | |
| Profit Before Tax | 659 | 506 | 308 | 552 | 112 | 452 | 351 | 11 | nmf |
| Total Income Tax | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 554 | 466 | 350 | 552 | 112 | 452 | 351 | 11 | nmf |
| Net Margin | 22.2% | 18.8% | 18.8% | 26.4% | 3.8% | 16.4% | 12.2% | 0.4% | |
| Other Comprehensive Income | 206 | 0 | 348 | 316 | 720 | 86 | 461 | 292 | +5.1% |
| Total Comprehensive Income | 760 | 466 | 2 | 236 | 608 | 538 | 812 | 281 | -13.2% |
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).
Ranked by how close each latest revenue is to this one — not a curated comp set.