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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 0 · FY2023 0 · FY2024 0
The Company is engaged in provision of transportation of oil products and petrochemicals.
activity note, FY2024 annual report (reportal.ge) [2026-08-05]
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| 1,311 | 1,333 | 2,049 | 7,380 | 9,985 | 130,318 | 184,692 | 72,043 | +77.2% | |
| Total COGS | 0 | 1 | 0 | 0 | 0 | 115,835 | 162,204 | 63,381 | nmf |
| Gross Profit | 1,311 | 1,334 | 2,049 | 7,380 | 9,985 | 14,483 | 22,488 | 8,663 | +31.0% |
| Gross Margin | 100.0% | 100.1% | 100.0% | 100.0% | 100.0% | 11.1% | 12.2% | 12.0% | |
| Other Operating Income | 0 | 0 | 0 | 0 | 0 | 20 | 0 | 0 | |
| 838 | 1,042 | 1,296 | 3,293 | 4,037 | 8,479 | 7,685 | 8,291 | +38.7% | |
| EBITDA | 473 | 292 | 753 | 4,087 | 5,947 | 6,023 | 14,803 | 371 | -3.4% |
| EBITDA Margin | 36.1% | 21.9% | 36.7% | 55.4% | 59.6% | 4.6% | 8.0% | 0.5% | |
| Total D&A | 3 | 12 | 29 | 32 | 30 | 33 | 44 | 48 | +47.2% |
| EBIT / Operating Income | 470 | 280 | 723 | 4,055 | 5,917 | 5,990 | 14,758 | 323 | -5.2% |
| Total Interest Income | 0 | 11 | 16 | 39 | 23 | 0 | 23 | 83 | +40.6% |
| Total Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 280 | 303 | +8.5% |
| Total Other Income | 1 | 0 | 278 | 2,660 | 4,476 | 0 | 0 | 0 | nmf |
| Profit Before Tax | 471 | 291 | 461 | 1,434 | 1,464 | 5,990 | 14,501 | 102 | -19.6% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 471 | 291 | 461 | 1,434 | 1,464 | 5,836 | 14,501 | 102 | -19.6% |
| Net Margin | 35.9% | 21.8% | 22.5% | 19.4% | 14.7% | 4.5% | 7.9% | 0.1% |
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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