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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 15,958 · FY2023 11,221 · FY2024 13,070 — 3-yr total 40,249
Operates in Tobacco — Production. Per the activity note to the FY2024 annual report, the group manufactures and distributes tobacco products.
Subsidiary of Smart Capital Group (100.0%)
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| 38 | 12,326 | 18,163 | 26,552 | 30,861 | 32,092 | 32,009 | nmf | |
| 275 | 27,539 | 29,441 | 30,643 | 32,502 | 28,189 | 41,741 | nmf | |
| TOTAL ASSETS | 313 | 39,865 | 47,604 | 57,195 | 63,363 | 60,281 | 73,750 | nmf |
| 286 | 13,132 | 15,206 | 11,222 | 17,931 | 16,357 | 18,060 | +99.6% | |
| 0 | 0 | 19,077 | 26,612 | 17,021 | 16,167 | 24,123 | +6.0% | |
| TOTAL LIABILITIES | 286 | 13,132 | 34,283 | 37,834 | 34,952 | 32,524 | 42,183 | nmf |
| 27 | 26,733 | 13,321 | 19,361 | 28,411 | 27,757 | 31,567 | nmf | |
| Balance Check (Assets - L&E) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Debt analysis | ||||||||
| Total Debt | 107 | 5,553 | 11,447 | 16,066 | 18,859 | 16,111 | 25,262 | nmf |
| Cash & Equivalents | 11 | 324 | 1,140 | 3,912 | 2,982 | 2,323 | 5,049 | nmf |
| Net Debt | 96 | 5,229 | 10,307 | 12,154 | 15,877 | 13,788 | 20,213 | 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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