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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
Tourism / hospitality investment company in Adjara.
Subsidiary of Shezghuduli Pasukhismgeblobis Sazogadoeba HESTOK LIMITED (100.0%)
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 24,183 | 32,235 | 50,192 | 14,126 | 30,581 | 48,366 | 29,389 | 43,792 | +8.9% |
| Total COGS | 16,753 | 22,016 | 28,237 | 11,966 | 17,041 | 25,866 | 18,032 | 24,167 | +5.4% |
| Gross Profit | 7,430 | 10,219 | 21,955 | 2,160 | 13,540 | 22,500 | 11,357 | 19,625 | +14.9% |
| Gross Margin | 30.7% | 31.7% | 43.7% | 15.3% | 44.3% | 46.5% | 38.6% | 44.8% | |
| 9,885 | 7 | 4,878 | 3,109 | 6,647 | 757 | 3,624 | 4,268 | -11.3% | |
| EBITDA | 2,455 | 10,212 | 17,077 | 949 | 20,187 | 21,743 | 7,733 | 15,357 | nmf |
| EBITDA Margin | 10.2% | 31.7% | 34.0% | 6.7% | 66.0% | 45.0% | 26.3% | 35.1% | |
| Total D&A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Impairment (non-financial) | 0 | 0 | 0 | 11,464 | 21,530 | 14,410 | 0 | 4,769 | -19.7% |
| EBIT / Operating Income | 2,455 | 10,212 | 17,077 | 10,515 | 41,717 | 7,333 | 7,733 | 20,126 | nmf |
| Total Interest Income | 0 | 0 | 0 | 0 | 18,722 | 0 | 4,647 | 0 | -50.2% |
| Total Interest Expense | 12,506 | 12,196 | 12,610 | 13,641 | 0 | 11,252 | 0 | 15,945 | +3.5% |
| 485 | 48,344 | 17,865 | 65,722 | 42,574 | 46,268 | 5,306 | 1,011 | +11.1% | |
| Total Other Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,022 | |
| Profit Before Tax | 14,476 | 50,328 | 13,398 | 68,848 | 103,013 | 42,349 | 7,074 | 6,214 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 43,119 | 50,328 | 13,398 | 68,848 | 103,013 | 42,349 | 7,074 | 6,214 | nmf |
| Net Margin | 178.3% | 156.1% | 26.7% | 487.4% | 336.9% | 87.6% | 24.1% | 14.2% |
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).
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