ID 404389693 · FY 2017–2024 · 8 years
Subsidiary of სახელმწიფო (100.0%)
State-owned entity that owns and manages regional airports in Georgia, including Kutaisi, Batumi and several smaller airfields. Counterpart to TAV-operated Tbilisi/Batumi commercial operations.
curated 2026-06-03airports.gereportal.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 54,848 | 64,159 | 67,997 | 35,228 | 66,830 | 85,744 | 98,067 | 121,093 | +12.0% |
| Total COGS | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Gross Profit | 54,848 | 64,159 | 67,997 | 35,228 | 66,830 | 85,744 | 98,067 | 121,093 | +12.0% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| Total Operating Expenses | -37,611 | -52,482 | -54,821 | -61,746 | -28,835 | -46,615 | -61,753 | -133,377 | +19.8% |
| EBITDA | 17,237 | 11,677 | 13,176 | -26,518 | 37,995 | 39,129 | 36,314 | -12,284 | nmf |
| EBITDA Margin | 31.4% | 18.2% | 19.4% | -75.3% | 56.9% | 45.6% | 37.0% | -10.1% | |
| Total D&A | -11,274 | -12,467 | -11,270 | -11,029 | -12,105 | -13,610 | -13,928 | -15,061 | +4.2% |
| EBIT / Operating Income | 5,963 | -790 | 1,906 | -37,547 | 25,890 | 25,519 | 22,386 | -27,345 | nmf |
| Total Interest Income | 1,143 | 3,734 | 2,933 | 2,587 | 1,562 | 1,445 | 1,515 | 2,634 | +12.7% |
| Total Interest Expense | 0 | 0 | 0 | 0 | -2,436 | -618 | 0 | 0 | -74.6% |
| Total Other Income | 732 | 1,301 | 1,425 | 2,701 | -1,819 | -3,155 | 2,503 | 3,633 | +25.7% |
| Profit Before Tax | 7,838 | 4,245 | 6,264 | -32,259 | 23,197 | 23,191 | 26,404 | -21,078 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | -1,050 | 19 | 2,072 | -36,716 | 19,025 | 18,917 | 26,404 | -21,078 | +53.5% |
| Net Margin | -1.9% | 0.0% | 3.0% | -104.2% | 28.5% | 22.1% | 26.9% | -17.4% |
Ownership & directors from companyinfo.ge (public corporate registry).