* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2021 24,000 · FY2022 15,000 · FY2023 0 — 3-yr total 39,000
Operates in Healthcare Services — In-patient & out-patient services. Per the activity note to the FY2023 annual report, the group provides in-patient and out-patient medical services through a network of clinics. Group operates across Georgia. Reorganized from Evex Hospitals.
Group parent — controls 2 companies · ownership
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 262,688 | 301,988 | 288,326 | 255,218 | 318,349 | 89,802 | 91,493 | -16.1% |
| Total COGS | 150,243 | 174,073 | 168,794 | 159,555 | 195,358 | 55,393 | 59,388 | -14.3% |
| Gross Profit | 112,445 | 127,915 | 119,532 | 95,663 | 122,991 | 34,409 | 32,105 | -18.9% |
| Gross Margin | 42.8% | 42.4% | 41.5% | 37.5% | 38.6% | 38.3% | 35.1% | |
| Other Operating Income | 0 | 0 | 0 | 4,961 | 3,574 | 811 | 1,093 | -39.6% |
| 18,088 | 21,495 | 38,062 | 43,217 | 45,875 | 16,908 | 17,586 | -0.5% | |
| EBITDA | 94,357 | 106,420 | 81,470 | 57,407 | 80,690 | 18,312 | 15,612 | -25.9% |
| EBITDA Margin | 35.9% | 35.2% | 28.3% | 22.5% | 25.3% | 20.4% | 17.1% | |
| Total D&A | 23,177 | 30,768 | 27,654 | 29,053 | 26,579 | 11,013 | 9,689 | -13.5% |
| EBIT / Operating Income | 71,180 | 75,652 | 53,816 | 28,354 | 54,111 | 7,299 | 5,923 | -33.9% |
| Total Interest Income | 3,845 | 1,233 | 5,421 | 2,099 | 2,784 | 676 | 988 | -20.3% |
| Total Interest Expense | 17,206 | 26,550 | 25,355 | 27,845 | 24,948 | 5,858 | 7,233 | -13.4% |
| 2,790 | 1,661 | 2,764 | 33,717 | 2,779 | 3,465 | 9,761 | +23.2% | |
| Profit Before Tax | 55,029 | 51,996 | 31,118 | 31,109 | 29,168 | 1,348 | 10,083 | nmf |
| Total Income Tax | 11 | 37 | 0 | 0 | 0 | 0 | 0 | +236.4% |
| Net Profit / (Loss) | 18,520 | 17,647 | 29,305 | 31,504 | 28,842 | 3,124 | 25,054 | nmf |
| Net Margin | 7.1% | 5.8% | 10.2% | 12.3% | 9.1% | 3.5% | 27.4% | |
| Other Comprehensive Income | 4,866 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total Comprehensive Income | 13,654 | 17,647 | 29,305 | 31,504 | 28,842 | 3,124 | 25,054 | 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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