* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 0 · FY2023 3,800 · FY2024 0 — 3-yr total 3,800
Operates in Healthcare Services — In-patient & out-patient services. Per the activity note to the FY2024 annual report, the company provides medical services including emergency care, ambulatory and in-patient treatment, neurology and intervention services. Founded 1979. Located in Saburtalo, Al. Kazbegi Avenue, 16, Tbilisi.
Subsidiary of Aversi-Pharma (100.0%)
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 7,635 | 14,335 | 18,444 | 24,103 | 40,552 | 27,449 | 19,823 | 27,929 | +20.4% |
| 1,281 | 2,647 | 3,701 | 4,962 | 8,801 | 6,427 | 4,411 | 5,616 | +23.5% | |
| Gross Profit | 6,354 | 11,688 | 14,744 | 19,141 | 31,751 | 21,022 | 15,412 | 22,313 | +19.7% |
| Gross Margin | 83.2% | 81.5% | 79.9% | 79.4% | 78.3% | 76.6% | 77.7% | 79.9% | |
| Other Operating Income | 0 | 0 | 95 | 94 | 218 | 269 | 211 | 178 | +13.3% |
| 1,575 | 8,518 | 10,121 | 12,583 | 19,592 | 16,939 | 15,557 | 17,553 | +41.1% | |
| EBITDA | 4,779 | 3,170 | 4,718 | 6,653 | 12,377 | 4,352 | 66 | 4,938 | +0.5% |
| EBITDA Margin | 62.6% | 22.1% | 25.6% | 27.6% | 30.5% | 15.9% | 0.3% | 17.7% | |
| Total D&A | 1,004 | 1,662 | 2,158 | 1,950 | 2,158 | 2,212 | 2,207 | 2,308 | +12.6% |
| EBIT / Operating Income | 3,774 | 1,508 | 2,560 | 4,703 | 10,219 | 2,140 | 2,141 | 2,630 | -5.0% |
| Total Interest Income | 61 | 95 | 46 | 74 | 81 | 146 | 410 | 158 | +14.7% |
| Total Interest Expense | 0 | 0 | 412 | 395 | 382 | 386 | 361 | 335 | -4.0% |
| 11 | 16 | 82 | 60 | 4 | 83 | 1 | 27 | nmf | |
| Profit Before Tax | 3,845 | 1,618 | 2,112 | 4,322 | 9,915 | 1,983 | 2,093 | 2,426 | -6.4% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 53 | 1,618 | 2,112 | 4,322 | 9,915 | 1,983 | 2,093 | 2,426 | +72.8% |
| Net Margin | 0.7% | 11.3% | 11.4% | 17.9% | 24.4% | 7.2% | 10.6% | 8.7% |
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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