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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Operates in Industrial Goods — Textiles & Fibers. Per the activity note to the FY2024 annual report, the company manufactures and imports specialised workwear, footwear, and personal protective equipment.
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| 2,825 | 2,776 | 2,289 | 4,012 | 4,215 | 4,117 | 6,109 | +13.7% | |
| Total COGS | 1,634 | 1,742 | 1,571 | 2,700 | 2,918 | 2,791 | 3,822 | +15.2% |
| Gross Profit | 1,191 | 1,034 | 718 | 1,312 | 1,298 | 1,326 | 2,287 | +11.5% |
| Gross Margin | 42.2% | 37.3% | 31.4% | 32.7% | 30.8% | 32.2% | 37.4% | |
| 641 | 528 | 307 | 294 | 354 | 337 | 422 | -6.7% | |
| EBITDA | 550 | 506 | 411 | 1,018 | 944 | 989 | 1,865 | +22.6% |
| EBITDA Margin | 19.5% | 18.2% | 17.9% | 25.4% | 22.4% | 24.0% | 30.5% | |
| Total D&A | 68 | 66 | 47 | 51 | 48 | 47 | 48 | -5.5% |
| EBIT / Operating Income | 482 | 440 | 364 | 967 | 895 | 942 | 1,816 | +24.7% |
| Total Interest Income | 1 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total Interest Expense | 174 | 105 | 68 | 64 | 103 | 80 | 116 | -6.4% |
| 33 | 155 | 625 | 263 | 298 | 27 | 84 | +16.7% | |
| Profit Before Tax | 276 | 180 | 330 | 1,166 | 1,091 | 834 | 1,616 | +34.2% |
| Total Income Tax | 6 | 23 | 3 | 21 | 38 | 41 | 66 | +50.6% |
| Net Profit / (Loss) | 511 | 327 | 333 | 1,146 | 1,053 | 794 | 1,550 | +20.3% |
| Net Margin | 18.1% | 11.8% | 14.5% | 28.6% | 25.0% | 19.3% | 25.4% | |
| Other Comprehensive Income | 0 | 0 | 0 | 1 | 36 | 8 | 0 | +221.4% |
| Total Comprehensive Income | 511 | 327 | 333 | 1,146 | 1,089 | 801 | 1,550 | +20.3% |
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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