ID 245556679 · FY 2017–2024 · 8 years
Municipal water and sewerage utility serving Batumi and the Adjara region.
curated 2026-06-03reportal.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 13,242 | 15,838 | 16,993 | 13,907 | 15,703 | 22,657 | 27,064 | 30,319 | +12.6% |
| Total COGS | -2,746 | 0 | -3,771 | -1,469 | -1,898 | -1,440 | -1,850 | -1,836 | -5.6% |
| Gross Profit | 10,496 | 15,838 | 13,222 | 12,438 | 13,805 | 21,217 | 25,214 | 28,483 | +15.3% |
| Gross Margin | 79.3% | 100.0% | 77.8% | 89.4% | 87.9% | 93.6% | 93.2% | 93.9% | |
| Total Operating Expenses | -2,756 | -3,263 | -11,888 | -11,123 | -14,202 | -16,108 | -18,638 | -21,764 | +34.3% |
| EBITDA | 7,740 | 12,575 | 1,334 | 1,315 | -397 | 5,109 | 6,576 | 6,719 | -2.0% |
| EBITDA Margin | 58.5% | 79.4% | 7.9% | 9.5% | -2.5% | 22.5% | 24.3% | 22.2% | |
| Total D&A | -4,379 | -4,377 | -5,329 | -1,678 | -1,800 | -1,893 | -2,131 | -3,305 | -3.9% |
| EBIT / Operating Income | 3,361 | 8,198 | -3,995 | -363 | -2,197 | 3,216 | 4,445 | 3,414 | +0.2% |
| Total Interest Income | 5,777 | 17,086 | 0 | 384 | 849 | 1,026 | 1,358 | 2,051 | -13.8% |
| Total Interest Expense | -104 | -185 | 0 | 0 | 0 | 0 | 0 | 0 | +77.9% |
| Total Other Income | 0 | 0 | 539 | 54 | -269 | -7,654 | -5,308 | -17,042 | nmf |
| Profit Before Tax | 9,034 | 25,099 | -3,456 | 75 | -1,617 | -3,412 | 495 | -11,577 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 2,633 | 14,313 | -3,456 | 0 | -1,617 | -3,412 | 495 | -11,577 | nmf |
| Net Margin | 19.9% | 90.4% | -20.3% | 0.0% | -10.3% | -15.1% | 1.8% | -38.2% | |
| Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 3,799 | 4,164 | +9.6% |
| Total Comprehensive Income | 2,633 | 14,313 | -3,456 | 0 | -1,617 | -3,412 | 4,294 | -7,413 | nmf |
Ownership & directors from companyinfo.ge (public corporate registry).