ID 404579354 · FY 2019–2024 · 6 years
Group parent — controls 3 companies
Silk Road Group Holding LLC is one of Georgia's largest privately-held diversified investment groups (founded 1997 by George Ramishvili), with cumulative investments of ~USD 1bn and 5,000+ employees. Sub-sectors: telecom (historical Silknet and Geocell stakes), hospitality (Radisson Blu Tbilisi / Batumi / Tsinandali, Park Hotel), real estate (Silk Real Estate), logistics (Caspian rail and Black Sea cargo), hydropower, banking (Silk Bank) and media franchises.
curated 2026-06-03silkroadgroup.neten.wikipedia.org
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|
| Total Revenue | 583,102 | 442,155 | 559,957 | 722,857 | 786,963 | 841,380 | +7.6% |
| Total COGS | 0 | 0 | 0 | 0 | 0 | 0 | |
| Gross Profit | 583,102 | 442,155 | 559,957 | 722,857 | 786,963 | 841,380 | +7.6% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| Total Operating Expenses | -4,071 | -240,752 | -292,913 | -352,952 | -408,991 | -436,805 | nmf |
| EBITDA | 579,031 | 201,403 | 267,044 | 369,905 | 377,972 | 404,575 | -6.9% |
| EBITDA Margin | 99.3% | 45.6% | 47.7% | 51.2% | 48.0% | 48.1% | |
| Total D&A | -140,220 | -144,722 | -146,915 | -146,989 | -146,828 | -142,565 | +0.3% |
| EBIT / Operating Income | 438,811 | 56,681 | 120,129 | 222,916 | 231,144 | 262,010 | -9.8% |
| Total Interest Income | 22,558 | 24,040 | 24,358 | 24,357 | 21,910 | 23,375 | +0.7% |
| Total Interest Expense | -129,410 | -115,398 | -121,830 | -148,046 | -83,864 | -79,900 | -9.2% |
| Total Other Income | -40,572 | -98,460 | 32,232 | 86,531 | -10,805 | -30,472 | -5.6% |
| Profit Before Tax | 291,387 | -133,137 | 54,889 | 185,758 | 158,385 | 175,013 | -9.7% |
| Total Income Tax | -342 | 723 | -334 | -340 | -1,173 | -1,522 | +34.8% |
| Net Profit / (Loss) | -42,783 | -133,352 | 51,753 | 181,824 | 157,212 | 173,491 | nmf |
| Net Margin | -7.3% | -30.2% | 9.2% | 25.2% | 20.0% | 20.6% |
Ownership & directors from companyinfo.ge (public corporate registry).