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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
Group parent — controls 1 company · ownership
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| 2,487 | 3,521 | 2,664 | 4,134 | 8,208 | 11,103 | 11,007 | +28.1% | |
| Total COGS | 1,441 | 2,568 | 2,848 | 3,920 | 6,742 | 8,734 | 8,293 | +33.9% |
| Gross Profit | 1,046 | 953 | 184 | 214 | 1,466 | 2,369 | 2,715 | +17.2% |
| Gross Margin | 42.1% | 27.1% | 6.9% | 5.2% | 17.9% | 21.3% | 24.7% | |
| Other Operating Income | 0 | 0 | 41 | 8 | 0 | 79 | 0 | +24.5% |
| 628 | 845 | 1,487 | 1,945 | 2,927 | 2,719 | 2,375 | +24.8% | |
| EBITDA | 418 | 108 | 1,630 | 1,723 | 1,461 | 271 | 339 | -3.4% |
| EBITDA Margin | 16.8% | 3.1% | 61.2% | 41.7% | 17.8% | 2.4% | 3.1% | |
| Total D&A | 111 | 181 | 182 | 226 | 90 | 95 | 65 | -8.5% |
| Impairment (non-financial) | 0 | 0 | 77 | 0 | 0 | 0 | 0 | |
| EBIT / Operating Income | 307 | 73 | 1,889 | 1,949 | 1,551 | 366 | 274 | -1.9% |
| Total Interest Income | 6 | 320 | 842 | 623 | 386 | 152 | 7 | +1.7% |
| Total Interest Expense | 0 | 24 | 13 | 11 | 73 | 0 | 0 | +44.9% |
| 7 | 67 | 25 | 428 | 144 | 9 | 2 | -18.0% | |
| Profit Before Tax | 306 | 290 | 1,085 | 1,765 | 1,382 | 205 | 278 | -1.6% |
| Total Income Tax | 11 | 4 | 0 | 0 | 0 | 1 | 1 | nmf |
| Net Profit / (Loss) | 400 | 286 | 1,085 | 1,765 | 1,382 | 205 | 279 | -5.8% |
| Net Margin | 16.1% | 8.1% | 40.7% | 42.7% | 16.8% | 1.8% | 2.5% |
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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