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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2021 0 · FY2022 0 · FY2023 0
Operates in FMCG. Per the activity note to the FY2023 annual report, the company distributes food products in Georgia.
Subsidiary of Megaco (100.0%)
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | CAGR |
|---|---|---|---|---|---|---|---|
| 16,963 | 16,512 | 16,321 | 18,878 | 17,607 | 21,812 | +5.2% | |
| Total COGS | 13,906 | 13,531 | 12,666 | 15,284 | 14,201 | 17,115 | +4.2% |
| Gross Profit | 3,057 | 2,981 | 3,655 | 3,594 | 3,406 | 4,697 | +9.0% |
| Gross Margin | 18.0% | 18.1% | 22.4% | 19.0% | 19.3% | 21.5% | |
| 5,850 | 5,855 | 6,004 | 3,773 | 3,700 | 4,924 | -3.4% | |
| EBITDA | 2,793 | 2,874 | 2,349 | 179 | 294 | 227 | -39.5% |
| EBITDA Margin | 16.5% | 17.4% | 14.4% | 0.9% | 1.7% | 1.0% | |
| Total D&A | 0 | 0 | 0 | 0 | 0 | 0 | |
| EBIT / Operating Income | 2,793 | 2,874 | 2,349 | 179 | 294 | 227 | -39.5% |
| Total Interest Expense | 0 | 0 | 0 | 2,337 | 2,468 | 2,560 | +4.7% |
| Total Other Income | 30 | 0 | 0 | 121 | 91 | 71 | nmf |
| Profit Before Tax | 2,823 | 2,874 | 2,349 | 2,395 | 2,671 | 2,716 | -0.8% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 2,793 | 2,874 | 2,349 | 2,395 | 2,671 | 2,716 | -0.6% |
| Net Margin | 16.5% | 17.4% | 14.4% | 12.7% | 15.2% | 12.5% |
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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