ID 405104630 · FY 2018–2024 · 7 years
SAF Farma Georgia — the Georgian arm (since 2015) of SAF Farma, a pharmaceutical marketing and brand-representation group founded in Azerbaijan in 2004 and also active in Ukraine and Uzbekistan (saffarma.ge). Imports and markets innovative branded medications across ophthalmology, therapy, neurology, gynaecology and paediatrics.
curated 2026-06-25
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,337 | 3,639 | 3,453 | 5,879 | 6,628 | 6,454 | 6,369 | +18.2% |
| Total COGS | -1,534 | -1,454 | -1,261 | -2,669 | -2,601 | -2,369 | -2,548 | +8.8% |
| Gross Profit | 803 | 2,184 | 2,192 | 3,210 | 4,026 | 4,085 | 3,822 | +29.7% |
| Gross Margin | 34.4% | 60.0% | 63.5% | 54.6% | 60.8% | 63.3% | 60.0% | |
| Total Operating Expenses | -485 | -714 | -1,351 | -1,858 | -2,999 | -2,898 | -2,387 | +30.4% |
| EBITDA | 318 | 1,470 | 842 | 1,352 | 1,027 | 1,187 | 1,435 | +28.5% |
| EBITDA Margin | 13.6% | 40.4% | 24.4% | 23.0% | 15.5% | 18.4% | 22.5% | |
| Total D&A | -12 | -14 | -15 | -15 | -9 | 0 | 0 | -5.4% |
| EBIT / Operating Income | 307 | 1,456 | 826 | 1,337 | 1,018 | 1,187 | 1,435 | +29.3% |
| Total Other Income | 5 | 0 | 0 | 0 | -133 | -47 | 29 | +31.8% |
| Profit Before Tax | 312 | 1,456 | 826 | 1,337 | 885 | 1,140 | 1,464 | +29.4% |
| Total Income Tax | -49 | -221 | -591 | -390 | -424 | 0 | 0 | +71.9% |
| Net Profit / (Loss) | 275 | 1,250 | 251 | 962 | 470 | 1,140 | 1,464 | +32.1% |
| Net Margin | 11.8% | 34.3% | 7.3% | 16.4% | 7.1% | 17.7% | 23.0% |
Ownership & directors from companyinfo.ge (public corporate registry).