ID 404647325 · FY 2022–2024 · 3 years
Holding company for Georgia Capital's renewable-energy (hydro and wind) assets, parent of the Georgian Renewable Power operating business (~71 MW: hydropower plants plus the 21 MW Qartli wind farm). Ultimately owned by Georgia Capital PLC (LSE: CGEO).
curated 2026-07-13grpc.gereportal.ge
| Line item | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|
| Total Revenue | 42,221 | 38,065 | 43,977 | +2.1% |
| Total COGS | -548 | -1,785 | -2,348 | +107.0% |
| Gross Profit | 41,673 | 36,280 | 41,629 | -0.1% |
| Gross Margin | 98.7% | 95.3% | 94.7% | |
| Total Operating Expenses | -7,159 | -8,924 | -8,627 | +9.8% |
| EBITDA | 34,514 | 27,356 | 33,002 | -2.2% |
| EBITDA Margin | 81.7% | 71.9% | 75.0% | |
| Total D&A | -11,056 | -9,955 | -10,044 | -4.7% |
| EBIT / Operating Income | 23,458 | 17,401 | 22,958 | -1.1% |
| Total Interest Income | 594 | 377 | 325 | -26.0% |
| Total Interest Expense | -21,724 | -15,593 | -15,210 | -16.3% |
| Total Other Income | 2,681 | -3,884 | -11,570 | nmf |
| Profit Before Tax | 5,009 | -1,699 | -3,497 | nmf |
| Total Income Tax | 0 | 0 | 0 | |
| Net Profit / (Loss) | 2,812 | -1,699 | -3,497 | nmf |
| Net Margin | 6.7% | -4.5% | -8.0% | |
| Other Comprehensive Income | -10,727 | -1,214 | 4,982 | nmf |
| Total Comprehensive Income | -7,915 | -2,913 | 1,485 | nmf |
Ownership & directors from companyinfo.ge (public corporate registry).