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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 5,750 · FY2023 2,895 · FY2024 4,211 — 3-yr total 12,855
Georgian real-estate developer. Limited public information available beyond the Reportal filing.
Subsidiary of Utskhouri Satsarmo IG international LLC (100.0%)
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 16,331 | 19,312 | 26,492 | 40,400 | 61,162 | 80,186 | 87,991 | 100,621 | +29.7% |
| Total COGS | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Gross Profit | 16,331 | 19,312 | 26,492 | 40,400 | 61,162 | 80,186 | 87,991 | 100,621 | +29.7% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| Other Operating Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,566 | |
| 2,253 | 3,537 | 5,017 | 10,133 | 15,200 | 16,642 | 25,303 | 36,294 | +48.7% | |
| EBITDA | 14,078 | 15,775 | 21,475 | 30,267 | 45,962 | 63,545 | 62,688 | 72,893 | +26.5% |
| EBITDA Margin | 86.2% | 81.7% | 81.1% | 74.9% | 75.1% | 79.2% | 71.2% | 72.4% | |
| Total D&A | 1,586 | 1,671 | 2,241 | 3,530 | 4,698 | 5,037 | 5,287 | 5,521 | +19.5% |
| EBIT / Operating Income | 12,492 | 14,105 | 19,235 | 26,737 | 41,264 | 58,507 | 57,401 | 67,373 | +27.2% |
| Total Interest Income | 460 | 1,081 | 1,248 | 348 | 568 | 449 | 2,272 | 1,267 | +15.6% |
| Total Interest Expense | 5,258 | 6,602 | 6,710 | 11,077 | 13,551 | 14,536 | 13,096 | 14,896 | +16.0% |
| 626 | 2,721 | 6,188 | 26,818 | 15,257 | 16,003 | 3,119 | 1,195 | nmf | |
| Profit Before Tax | 7,068 | 5,862 | 7,584 | 10,811 | 43,539 | 60,423 | 49,697 | 54,939 | +34.0% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 1,371 | 511 | 743 | -26.4% |
| Net Profit / (Loss) | 5,662 | 4,876 | 6,440 | 11,788 | 42,016 | 56,560 | 49,186 | 54,196 | +38.1% |
| Net Margin | 34.7% | 25.2% | 24.3% | 29.2% | 68.7% | 70.5% | 55.9% | 53.9% |
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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