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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
Georgian freight and logistics services company.
Subsidiary of Viani (100.0%)
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 10,903 | 89,854 | 35,549 | 5,726 | 41,088 | 53,615 | 60,690 | 65,403 | +29.2% |
| Total COGS | 0 | 76,595 | 30,487 | 5,532 | 38,714 | 47,238 | 50,766 | 55,701 | -5.2% |
| Gross Profit | 10,903 | 13,259 | 5,062 | 194 | 2,374 | 6,377 | 9,924 | 9,702 | -1.7% |
| Gross Margin | 100.0% | 14.8% | 14.2% | 3.4% | 5.8% | 11.9% | 16.4% | 14.8% | |
| 1,249 | 1,154 | 701 | 688 | 1,473 | 2,678 | 3,564 | 4,407 | +19.7% | |
| EBITDA | 9,654 | 12,105 | 4,361 | 494 | 901 | 3,699 | 6,360 | 5,295 | -8.2% |
| EBITDA Margin | 88.5% | 13.5% | 12.3% | 8.6% | 2.2% | 6.9% | 10.5% | 8.1% | |
| Total D&A | 59 | 164 | 180 | 195 | 132 | 127 | 343 | 461 | +34.1% |
| Impairment (non-financial) | 0 | 0 | 0 | 164 | 0 | 1,769 | 0 | 0 | +228.4% |
| EBIT / Operating Income | 9,595 | 11,941 | 4,181 | 853 | 769 | 1,803 | 6,017 | 4,834 | -9.3% |
| Total Interest Income | 0 | 0 | 42 | 15 | 1 | 0 | 0 | 0 | -84.6% |
| Total Interest Expense | 8,445 | 7,831 | 1,731 | 1 | 1 | 0 | 17 | 17 | nmf |
| 123 | 929 | 340 | 51 | 230 | 558 | 414 | 316 | nmf | |
| Profit Before Tax | 1,273 | 5,039 | 2,152 | 890 | 539 | 1,245 | 5,586 | 4,501 | +19.8% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 342 | 5,039 | 2,152 | 890 | 539 | 1,245 | 5,586 | 4,501 | +44.5% |
| Net Margin | 3.1% | 5.6% | 6.1% | 15.5% | 1.3% | 2.3% | 9.2% | 6.9% |
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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