ID 404500857 · FY 2018–2024 · 7 years
JSC Georgian Renewable Power Company (GRPC) is the renewable-energy generation business of Georgia Capital PLC (LSE: CGEO), wholly owned since Georgia Capital bought out minority partner RP Global. It operates ~71 MW — four hydropower plants (~50 MW, including Mestiachala and the Hydrolea small-hydro portfolio) and the 21 MW Qartli wind farm, Georgia's only operational wind farm — with a development pipeline of up to ~172 MW.
curated 2026-07-13grpc.gegeorgiacapital.ge
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0 | 0 | 100 | 849 | 112 | 0 | 0 | +5.9% |
| Total COGS | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Gross Profit | 0 | 0 | 100 | 849 | 112 | 0 | 0 | +5.9% |
| Gross Margin | 0.0% | 0.0% | 100.0% | 100.0% | 100.0% | 0.0% | 0.0% | |
| Total Operating Expenses | -992 | -508 | -1,197 | -8,627 | -633 | -570 | -10,480 | +48.1% |
| EBITDA | -992 | -508 | -1,097 | -7,778 | -521 | -570 | -10,480 | +48.1% |
| EBITDA Margin | 0.0% | 0.0% | -1097.7% | -915.7% | -465.2% | 0.0% | 0.0% | |
| Total D&A | -352 | -99 | -306 | -90 | -490 | -491 | -377 | +1.1% |
| EBIT / Operating Income | -1,344 | -607 | -1,403 | -7,868 | -1,011 | -1,061 | -10,857 | +41.6% |
| Total Interest Income | 149 | 232 | 160 | 171 | 294 | 443 | 759 | +31.2% |
| Total Interest Expense | -19 | -24 | -19 | -87 | -493 | -120 | -165 | +42.8% |
| Total Other Income | 99 | 2,796 | -136 | 2,817 | 2,849 | -1,979 | -549 | nmf |
| Profit Before Tax | -1,116 | 2,397 | -1,398 | -4,967 | 1,639 | -2,717 | -10,812 | +46.0% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | -893 | 2,288 | -2,942 | -4,967 | 1,639 | -2,717 | -10,812 | +51.5% |
| Net Margin | 0.0% | 0.0% | -2944.5% | -584.8% | 1463.4% | 0.0% | 0.0% | |
| Other Comprehensive Income | 0 | 0 | 0 | 7,072 | -5,351 | -974 | 3,284 | -22.6% |
| Total Comprehensive Income | -893 | 2,288 | -2,942 | 2,105 | -3,712 | -3,691 | -7,528 | +42.7% |
Ownership & directors from companyinfo.ge (public corporate registry).