* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 0 · FY2023 0 · FY2024 0
Operates in Healthcare Services — In-patient & out-patient services. Per the activity note to the FY2024 annual report, the company provides comprehensive medical services with multiple clinics across southwestern Georgia regions. Founded in 2011; operates clinics in Lanchkhuti, Ozurgeti, Chokhatauri, and Kaspi regions.
Subsidiary of Aversi-Pharma (100.0%)
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 12,690 | 14,090 | 15,978 | 16,592 | 23,371 | 16,684 | 10,257 | 12,620 | -0.1% |
| 1,829 | 2,162 | 2,590 | 2,830 | 4,854 | 3,504 | 2,414 | 2,562 | +4.9% | |
| Gross Profit | 10,861 | 11,927 | 13,388 | 13,762 | 18,517 | 13,180 | 7,844 | 10,058 | -1.1% |
| Gross Margin | 85.6% | 84.7% | 83.8% | 82.9% | 79.2% | 79.0% | 76.5% | 79.7% | |
| Other Operating Income | 0 | 0 | 168 | 192 | 102 | 214 | 187 | 179 | +1.3% |
| 1,329 | 9,239 | 11,030 | 9,631 | 11,301 | 10,025 | 9,378 | 10,373 | +34.1% | |
| EBITDA | 9,531 | 2,689 | 2,526 | 4,323 | 7,318 | 3,369 | 1,347 | 136 | nmf |
| EBITDA Margin | 75.1% | 19.1% | 15.8% | 26.1% | 31.3% | 20.2% | 13.1% | 1.1% | |
| Total D&A | 1,060 | 1,071 | 1,422 | 1,418 | 754 | 940 | 1,189 | 1,509 | +5.2% |
| EBIT / Operating Income | 8,471 | 1,617 | 1,103 | 2,905 | 6,563 | 2,428 | 2,537 | 1,645 | nmf |
| Total Interest Income | 0 | 0 | 37 | 69 | 148 | 248 | 107 | 34 | -1.9% |
| Total Interest Expense | 0 | 0 | 71 | 12 | 19 | 22 | 17 | 37 | -12.0% |
| Total Other Income | 0 | 0 | 69 | 76 | 55 | 95 | 19 | 8 | -34.9% |
| Profit Before Tax | 8,471 | 1,617 | 1,001 | 2,886 | 6,748 | 2,750 | 2,466 | 1,656 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 1,582 | 1,617 | 1,001 | 2,886 | 7,117 | 2,377 | 2,466 | 1,656 | nmf |
| Net Margin | 12.5% | 11.5% | 6.3% | 17.4% | 30.5% | 14.2% | 24.0% | 13.1% |
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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