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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2021 0 · FY2022 0 · FY2023 0
Operates in Industrial Goods — Production - Metal Products. Per the activity note to the FY2023 annual report, the group manufactures and sells copper and aluminum low-voltage electrical cables in Georgia.
Subsidiary of NGT Group (68.0%)
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | CAGR |
|---|---|---|---|---|---|---|---|---|
| 6,447 | 9,528 | 15,631 | 18,837 | 35,695 | 38,282 | 45,505 | +38.5% | |
| 5,615 | 8,302 | 13,429 | 14,911 | 29,057 | 31,780 | 36,926 | +36.9% | |
| Gross Profit | 831 | 1,226 | 2,202 | 3,926 | 6,638 | 6,502 | 8,579 | +47.5% |
| Gross Margin | 12.9% | 12.9% | 14.1% | 20.8% | 18.6% | 17.0% | 18.9% | |
| Other Operating Income | 0 | 0 | 0 | 0 | 146 | 1,003 | 473 | +80.0% |
| 1,160 | 1,070 | 1,929 | 2,003 | 2,472 | 3,220 | 4,070 | +23.3% | |
| EBITDA | 328 | 156 | 272 | 1,922 | 4,312 | 4,286 | 4,982 | nmf |
| EBITDA Margin | 5.1% | 1.6% | 1.7% | 10.2% | 12.1% | 11.2% | 10.9% | |
| Total D&A | 20 | 0 | 42 | 87 | 131 | 141 | 160 | +41.8% |
| EBIT / Operating Income | 348 | 156 | 230 | 1,835 | 4,180 | 4,145 | 4,822 | nmf |
| Total Interest Income | 0 | 0 | 0 | 0 | 3 | 2 | 47 | +275.2% |
| Total Interest Expense | 0 | 384 | 763 | 2,861 | 1,882 | 1,984 | 1,703 | +34.7% |
| 46 | 86 | 463 | 3 | 317 | 359 | 95 | nmf | |
| Profit Before Tax | 302 | 313 | 996 | 1,023 | 2,619 | 2,521 | 3,071 | nmf |
| Total Income Tax | 0 | 2 | 0 | 0 | 0 | 0 | 0 | +1845.9% |
| Net Profit / (Loss) | 328 | 14 | 136 | 1,023 | 2,619 | 2,521 | 3,071 | nmf |
| Net Margin | 5.1% | 0.1% | 0.9% | 5.4% | 7.3% | 6.6% | 6.7% |
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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