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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Operates in Healthcare Services — General medicine - private practice. Per the activity note to the FY2023 annual report, the company treats spinal disorders through physiotherapy. Medical diagnostic center specializing in spinal disease treatment without surgery or medication.
| Line item | 2020 | 2021 | 2022 | 2023 | CAGR |
|---|---|---|---|---|---|
| Total Revenue | 1,133 | 2,676 | 3,343 | 3,951 | +51.7% |
| Total COGS | 144 | 443 | 1,075 | 1,397 | +113.3% |
| Gross Profit | 989 | 2,233 | 2,268 | 2,554 | +37.2% |
| Gross Margin | 87.3% | 83.4% | 67.8% | 64.6% | |
| 509 | 1,140 | 1,217 | 1,676 | +48.8% | |
| EBITDA | 480 | 1,093 | 1,051 | 878 | +22.3% |
| EBITDA Margin | 42.4% | 40.8% | 31.4% | 22.2% | |
| Total D&A | 26 | 42 | 59 | 53 | +26.8% |
| EBIT / Operating Income | 454 | 1,051 | 992 | 825 | +22.0% |
| Total Other Income | 326 | 129 | 230 | 0 | -16.0% |
| Profit Before Tax | 128 | 922 | 761 | 825 | +86.1% |
| Total Income Tax | 0 | 97 | 51 | 189 | +39.9% |
| Net Profit / (Loss) | 128 | 825 | 710 | 636 | +70.6% |
| Net Margin | 11.3% | 30.8% | 21.2% | 16.1% |
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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