Gardabani Thermal Power Plant (შპს გარდაბნის თბოსადგური)

panel 2026-09-21Ask

as filed · GEL, thousands

Line item	2017	2018	2019	2020	2021	2022	2023	2024	CAGR
Total Revenue	199,757	209,140	225,057	232,324	210,263	213,030	192,524	242,944	+2.8%
Total COGS	88,073	93,046	110,998	114,864	89,847	98,522	84,005	134,978	+6.3%
Gross Profit	111,684	116,094	114,059	117,460	120,416	114,508	108,519	107,966	-0.5%
Gross Margin	55.9%	55.5%	50.7%	50.6%	57.3%	53.8%	56.4%	44.4%
Other Operating Income	0	0	234	1,551	6,967	1,474	759	1,246	+39.7%
	8,256	15,354	19,266	17,342	19,326	20,491	19,161	23,516	+16.1%
EBITDA	103,428	100,740	95,027	101,669	108,057	95,491	90,117	85,696	-2.7%
EBITDA Margin	51.8%	48.2%	42.2%	43.8%	51.4%	44.8%	46.8%	35.3%
Total D&A	17,366	17,328	19,808	20,738	26,077	23,936	25,219	26,960	+6.5%
Impairment (non-financial)	0	0	0	0	0	2,740	0	0
EBIT / Operating Income	86,062	83,412	75,219	80,931	81,980	68,815	64,898	58,736	-5.3%
Total Interest Income	4,790	2,495	2,220	2,125	16,764	25,974	9,458	7,780	+7.2%
Total Interest Expense	33,824	28,457	47,547	60,093	19,376	10,469	3,023	29	nmf
	284	8,099	0	0	0	0	0	0	nmf
Profit Before Tax	57,312	49,351	29,892	22,963	79,368	84,320	71,333	66,487	+2.1%
Total Income Tax	0	0	0	0	0	0	0	0
Net Profit / (Loss)	57,510	45,200	25,727	18,914	75,324	80,749	71,333	66,487	+2.1%
Net Margin	28.8%	21.6%	11.4%	8.1%	35.8%	37.9%	37.1%	27.4%

Gardabani Thermal Power Plant