ID 404916114 · FY 2017–2024 · 8 years
Subsidiary of სააქციო საზოგადოება LC WAIKIKI MAGAZACLIK HIZMETLERI TICARET A.S. (100.0%)
Elsivaikiki GE LLC is the Georgian arm of a Chinese state-owned infrastructure contractor active in roads and highways construction (part of the CRCC / CR23-related cluster executing East-West Highway and Kvesheti-Kobi-type projects). Exact Chinese parent identification uncertain.
curated 2026-06-03civicidea.getransparency.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 117,298 | 116,762 | 139,543 | 102,215 | 137,726 | 201,402 | 216,142 | 249,335 | +11.4% |
| Total COGS | -73,443 | -83,052 | -92,457 | -71,604 | -86,353 | -115,149 | -146,487 | -185,716 | +14.2% |
| Gross Profit | 43,855 | 33,710 | 47,086 | 30,611 | 51,373 | 86,253 | 69,655 | 63,619 | +5.5% |
| Gross Margin | 37.4% | 28.9% | 33.7% | 29.9% | 37.3% | 42.8% | 32.2% | 25.5% | |
| Total Operating Expenses | -20,004 | -27,503 | -21,331 | -31,071 | -33,648 | -46,448 | -49,657 | -59,708 | +16.9% |
| Other Operating Income | 0 | 0 | 0 | 1,647 | 7,834 | 0 | 0 | 0 | +375.7% |
| EBITDA | 23,851 | 6,207 | 25,755 | 1,187 | 25,559 | 39,805 | 19,998 | 3,911 | -22.8% |
| EBITDA Margin | 20.3% | 5.3% | 18.5% | 1.2% | 18.6% | 19.8% | 9.3% | 1.6% | |
| Total D&A | -3,595 | -4,352 | -12,435 | -11,722 | -11,404 | -5,624 | -4,902 | 0 | +5.3% |
| EBIT / Operating Income | 20,256 | 1,855 | 13,320 | -10,535 | 14,155 | 34,181 | 15,096 | 3,911 | -20.9% |
| Total Interest Expense | 0 | 0 | -3,488 | -2,767 | -3,002 | 0 | 0 | 0 | -7.2% |
| Total Other Income | -176 | -1,737 | -3,630 | -4,763 | 2,183 | -1,712 | -6,209 | -6,919 | +69.0% |
| Total Other Expense | 0 | 0 | 0 | -1,000 | -26 | 0 | 0 | 0 | -97.4% |
| Profit Before Tax | 20,080 | 118 | 6,202 | -19,065 | 13,310 | 32,469 | 8,887 | -3,008 | nmf |
| Total Income Tax | -545 | -164 | -899 | -181 | 0 | -4,755 | -443 | 222 | nmf |
| Net Profit / (Loss) | 11,582 | -46 | 5,303 | -7,524 | 24,714 | 27,714 | 8,444 | -2,786 | nmf |
| Net Margin | 9.9% | -0.0% | 3.8% | -7.4% | 17.9% | 13.8% | 3.9% | -1.1% |
Ownership & directors from companyinfo.ge (public corporate registry).