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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
Operates in Construction. Per the activity note to the FY2024 annual report, the company undertakes construction work including embankment reinforcement and infrastructure projects for clients.
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| 122 | 2,326 | 4,986 | 6,572 | 10,234 | 10,448 | 9,746 | 8,555 | +83.4% | |
| Total COGS | 261 | 444 | 526 | 1,464 | 7,616 | 9,450 | 9,603 | 7,670 | +62.1% |
| Gross Profit | 139 | 2,770 | 4,459 | 5,108 | 2,619 | 998 | 142 | 885 | nmf |
| Gross Margin | 113.2% | 119.1% | 89.4% | 77.7% | 25.6% | 9.6% | 1.5% | 10.3% | |
| Other Operating Income | 0 | 0 | 0 | 0 | 0 | 0 | 2,195 | 188 | -91.4% |
| 998 | 3,363 | 3,134 | 6,204 | 6,899 | 197 | 768 | 283 | -16.5% | |
| EBITDA | 1,137 | 592 | 1,326 | 1,096 | 4,280 | 802 | 1,569 | 789 | nmf |
| EBITDA Margin | 928.7% | 25.5% | 26.6% | 16.7% | 41.8% | 7.7% | 16.1% | 9.2% | |
| Total D&A | 221 | 762 | 929 | 722 | 0 | 0 | 0 | 0 | +48.5% |
| EBIT / Operating Income | 1,357 | 1,355 | 397 | 1,819 | 4,280 | 802 | 1,569 | 789 | nmf |
| Total Interest Expense | 0 | 223 | 245 | 459 | 215 | 205 | 365 | 399 | +10.2% |
| 214 | 67 | 435 | 1,238 | 1,742 | 1,268 | 145 | 913 | nmf | |
| Profit Before Tax | 1,572 | 1,645 | 283 | 3,516 | 2,754 | 1,865 | 1,059 | 1,303 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 839 | 1,104 | 891 | 2,356 | 3,269 | 1,865 | 1,059 | 1,303 | nmf |
| Net Margin | 685.2% | 47.5% | 17.9% | 35.9% | 31.9% | 17.8% | 10.9% | 15.2% |
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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