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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Operates in Construction — Infrastructure & Roads. Per the activity note to the FY2024 annual report, the company constructs roads and highways.
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 10,067 | 7,961 | 9,299 | 9,035 | 3,563 | 4,671 | 12,078 | +3.1% |
| Total COGS | 836 | 7,552 | 8,469 | 8,240 | 3,175 | 3,935 | 11,559 | +54.9% |
| Gross Profit | 9,232 | 409 | 830 | 795 | 388 | 737 | 519 | -38.1% |
| Gross Margin | 91.7% | 5.1% | 8.9% | 8.8% | 10.9% | 15.8% | 4.3% | |
| 9,228 | 105 | 245 | 302 | 94 | 132 | 329 | -42.6% | |
| EBITDA | 4 | 303 | 586 | 493 | 294 | 605 | 190 | +92.8% |
| EBITDA Margin | 0.0% | 3.8% | 6.3% | 5.5% | 8.2% | 13.0% | 1.6% | |
| Total D&A | 34 | 35 | 41 | 51 | 58 | 45 | 44 | +4.5% |
| EBIT / Operating Income | 30 | 268 | 545 | 442 | 236 | 560 | 146 | nmf |
| Total Interest Expense | 27 | 16 | 22 | 20 | 23 | 32 | 0 | +3.9% |
| 4 | 9 | 10 | 5 | 29 | 0 | 0 | +67.7% | |
| Profit Before Tax | 60 | 261 | 514 | 427 | 184 | 528 | 146 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 106 | 9 | 10 | -69.7% |
| Net Profit / (Loss) | 60 | 261 | 514 | 427 | 78 | 519 | 136 | nmf |
| Net Margin | 0.6% | 3.3% | 5.5% | 4.7% | 2.2% | 11.1% | 1.1% | |
| Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 6 | |
| Total Comprehensive Income | 60 | 261 | 514 | 427 | 78 | 519 | 142 | nmf |
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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