ID 404923749 · FY 2017–2024 · 8 years
Subsidiary of შეზღუდული პასუხისმგებლობისსაზოგადოება MAF HYPERMARKETS (100.0%)
Majid Al Futtaim Hypermarkets Georgia LLC is the Carrefour franchise operator for Georgia, owned by Dubai-based Majid Al Futtaim. Runs Carrefour hypermarkets, supermarkets and convenience stores in Tbilisi, Batumi and Kutaisi — the only international hypermarket banner in the country.
curated 2026-06-03carrefour.gemajidalfuttaim.com
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 370,975 | 454,775 | 473,688 | 472,429 | 570,301 | 741,010 | 804,828 | 789,080 | +11.4% |
| Total COGS | -299,203 | -368,558 | -381,234 | -371,715 | -452,701 | -582,606 | -626,363 | -620,498 | +11.0% |
| Gross Profit | 71,772 | 86,217 | 92,454 | 100,714 | 117,600 | 158,404 | 178,465 | 168,582 | +13.0% |
| Gross Margin | 19.3% | 19.0% | 19.5% | 21.3% | 20.6% | 21.4% | 22.2% | 21.4% | |
| Total Operating Expenses | -40,639 | -74,481 | -71,652 | -72,518 | -88,243 | -122,527 | -145,827 | -158,659 | +21.5% |
| EBITDA | 31,133 | 11,736 | 20,802 | 28,196 | 29,357 | 35,877 | 32,638 | 9,923 | -15.1% |
| EBITDA Margin | 8.4% | 2.6% | 4.4% | 6.0% | 5.1% | 4.8% | 4.1% | 1.3% | |
| Total D&A | -8,868 | -11,535 | -13,002 | -12,608 | -14,185 | -15,627 | -17,185 | -21,845 | +13.7% |
| EBIT / Operating Income | 22,265 | 201 | 7,800 | 15,588 | 15,172 | 20,250 | 15,453 | -11,922 | nmf |
| Total Interest Income | 1,720 | 2,520 | 2,511 | 1,900 | 1,101 | 1,891 | 2,097 | 2,593 | +6.0% |
| Total Interest Expense | -16,531 | -19,518 | -24,182 | -15,467 | -22,230 | -11,906 | -11,880 | -30,781 | +9.3% |
| Total Other Income | 0 | -7,383 | -15,435 | -32,614 | 14,093 | 30,695 | 0 | 0 | nmf |
| Profit Before Tax | 7,454 | -24,180 | -29,306 | -30,593 | 8,136 | 40,930 | 5,670 | -40,110 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | -5,469 | 5,469 | nmf |
| Net Profit / (Loss) | -17,416 | -27,048 | -32,522 | -33,545 | 5,056 | 37,839 | 201 | -34,641 | +10.3% |
| Net Margin | -4.7% | -5.9% | -6.9% | -7.1% | 0.9% | 5.1% | 0.0% | -4.4% | |
| Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24 | |
| Total Comprehensive Income | -17,416 | -27,048 | -32,522 | -33,545 | 5,056 | 37,839 | 201 | -34,617 | +10.3% |
Ownership & directors from companyinfo.ge (public corporate registry).