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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2020 229 · FY2021 2,142 · FY2022 6,816 — 3-yr total 9,187
Orbi Group is a major Georgian real estate developer best known for apartment-hotel complexes in Batumi and ski-resort developments in Bakuriani and Gudauri.
Subsidiary of Orbi 2005 (70.0%)
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | CAGR |
|---|---|---|---|---|---|---|---|
| Total Revenue | 17,999 | 50,051 | 49,752 | 6,288 | 6,767 | 13,651 | -5.4% |
| Total COGS | 6,723 | 14,203 | 23,571 | 4,498 | 6,480 | 13,610 | +15.1% |
| Gross Profit | 11,276 | 35,848 | 26,181 | 1,790 | 287 | 41 | nmf |
| Gross Margin | 62.6% | 71.6% | 52.6% | 28.5% | 4.2% | 0.3% | |
| Other Operating Income | 0 | 0 | 455 | 3,040 | 525 | 472 | +1.2% |
| 1,789 | 2,350 | 5,771 | 7,618 | 5,062 | 2,077 | +3.0% | |
| EBITDA | 9,487 | 33,498 | 20,865 | 2,788 | 4,250 | 1,564 | nmf |
| EBITDA Margin | 52.7% | 66.9% | 41.9% | 44.3% | 62.8% | 11.5% | |
| Total D&A | 0 | 98 | 1,075 | 1,374 | 516 | 853 | +71.8% |
| EBIT / Operating Income | 9,487 | 33,400 | 19,790 | 4,162 | 4,766 | 2,417 | nmf |
| Total Interest Income | 808 | 2,504 | 2,384 | 2,672 | 1,430 | 25 | -50.1% |
| Total Interest Expense | 98 | 2,689 | 5,330 | 7,230 | 6,962 | 6,594 | +132.1% |
| 5,587 | 99 | 3,046 | 6,645 | 1,371 | 6,489 | +3.0% | |
| Profit Before Tax | 15,784 | 33,116 | 13,798 | 15,365 | 8,927 | 2,497 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 379 | 1,201 | +216.9% |
| Net Profit / (Loss) | 12,753 | 29,213 | 13,798 | 15,365 | 9,306 | 3,698 | nmf |
| Net Margin | 70.9% | 58.4% | 27.7% | 244.4% | 137.5% | 27.1% | |
| Other Comprehensive Income | 0 | 0 | 0 | 199 | 5,381 | 0 | +2604.0% |
| Total Comprehensive Income | 12,753 | 29,213 | 13,798 | 15,166 | 3,925 | 3,698 | nmf |
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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