ID 404642892 · FY 2022–2024 · 3 years
Group parent — controls 6 companies
Operating company for Georgia Capital's renewable-energy business (Georgian Renewable Power). Runs the group's hydropower plants (Mestiachala and the Hydrolea small-hydro portfolio) and the 21 MW Qartli wind farm — ~71 MW of operational capacity in total. Wholly owned by Georgia Capital PLC (LSE: CGEO).
curated 2026-07-13grpc.gereportal.ge
| Line item | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|
| Total Revenue | 42,221 | 38,122 | 43,986 | +2.1% |
| Total COGS | -548 | -1,785 | -2,348 | +107.0% |
| Gross Profit | 41,673 | 36,337 | 41,638 | -0.0% |
| Gross Margin | 98.7% | 95.3% | 94.7% | |
| Total Operating Expenses | -6,617 | -8,320 | -7,762 | +8.3% |
| EBITDA | 35,056 | 28,017 | 33,876 | -1.7% |
| EBITDA Margin | 83.0% | 73.5% | 77.0% | |
| Total D&A | -10,566 | -9,464 | -9,667 | -4.3% |
| EBIT / Operating Income | 24,490 | 18,553 | 24,209 | -0.6% |
| Total Interest Income | 898 | 317 | 230 | -49.4% |
| Total Interest Expense | -21,851 | -15,473 | -15,044 | -17.0% |
| Total Other Income | -200 | -1,788 | -1,295 | +154.5% |
| Profit Before Tax | 3,337 | 1,609 | 8,100 | +55.8% |
| Total Income Tax | 0 | 0 | 0 | |
| Net Profit / (Loss) | 1,140 | 1,609 | 8,100 | +166.6% |
| Net Margin | 2.7% | 4.2% | 18.4% | |
| Other Comprehensive Income | -5,192 | 185 | 1,857 | nmf |
| Total Comprehensive Income | -4,052 | 1,794 | 9,957 | nmf |
Ownership & directors from companyinfo.ge (public corporate registry).