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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Per the activity note to the FY2024 annual report, the company sells trucks and spare parts.
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| 1,813 | 4,452 | 6,394 | 2,379 | 7,258 | 15,061 | 15,703 | 19,630 | +40.5% | |
| Total COGS | 1,456 | 3,600 | 5,045 | 1,507 | 5,805 | 12,708 | 13,160 | 16,228 | +41.1% |
| Gross Profit | 357 | 852 | 1,349 | 872 | 1,453 | 2,354 | 2,543 | 3,401 | +38.0% |
| Gross Margin | 19.7% | 19.1% | 21.1% | 36.6% | 20.0% | 15.6% | 16.2% | 17.3% | |
| 62 | 518 | 894 | 886 | 1,119 | 1,399 | 1,460 | 1,622 | +59.5% | |
| EBITDA | 295 | 334 | 455 | 14 | 334 | 955 | 1,083 | 1,780 | +29.3% |
| EBITDA Margin | 16.3% | 7.5% | 7.1% | 0.6% | 4.6% | 6.3% | 6.9% | 9.1% | |
| Total D&A | 0 | 0 | 109 | 119 | 100 | 92 | 70 | 107 | -0.3% |
| EBIT / Operating Income | 295 | 334 | 346 | 133 | 233 | 864 | 1,013 | 1,672 | +28.1% |
| Total Interest Expense | 0 | 91 | 130 | 59 | 103 | 63 | 117 | 267 | +19.7% |
| 321 | 23 | 27 | 130 | 103 | 36 | 63 | 42 | -25.1% | |
| Profit Before Tax | 616 | 221 | 188 | 321 | 234 | 836 | 833 | 1,447 | +13.0% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 258 | 300 | 188 | 148 | 407 | 836 | 833 | 1,447 | +28.0% |
| Net Margin | 14.2% | 6.7% | 2.9% | 6.2% | 5.6% | 5.6% | 5.3% | 7.4% | |
| Other Comprehensive Income | 6 | 15 | 0 | 0 | 0 | 0 | 0 | 0 | +163.9% |
| Total Comprehensive Income | 252 | 285 | 188 | 148 | 407 | 836 | 833 | 1,447 | +28.4% |
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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