ID 405158804 · FY 2017–2023 · 7 years
Subsidiary of სახელმწიფო (100.0%)
Operator of Black Sea Arena, a major concert and event venue in Shekvetili on the Georgian Black Sea coast.
curated 2026-06-03reportal.geblackseaarena.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 14,247 | 9,553 | 2,239 | 66 | 131 | 670 | 19,188 | +5.1% |
| Total COGS | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Gross Profit | 14,247 | 9,553 | 2,239 | 66 | 131 | 670 | 19,188 | +5.1% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| Total Operating Expenses | -1,194 | -8,626 | 1,867 | 590 | 309 | 695 | -11,975 | +46.8% |
| EBITDA | 13,053 | 927 | 4,106 | 656 | 440 | 1,365 | 7,213 | -9.4% |
| EBITDA Margin | 91.6% | 9.7% | 183.4% | 993.9% | 335.9% | 203.7% | 37.6% | |
| Total D&A | -4,338 | -4,806 | -4,955 | -4,786 | -4,948 | -5,064 | -5,507 | +4.1% |
| EBIT / Operating Income | 8,715 | -3,879 | -849 | -4,130 | -4,508 | -3,699 | 1,706 | -23.8% |
| Total Interest Income | 228 | 263 | 331 | 255 | 86 | 525 | 6,046 | +72.7% |
| Total Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | -61 | |
| Total Other Income | 0 | -45 | -938 | -8 | -14 | -19 | 576 | nmf |
| Profit Before Tax | 8,943 | -3,661 | -1,456 | -3,883 | -4,436 | -3,193 | 8,267 | -1.3% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | -6,479 | -4,349 | -2,218 | -4,574 | -5,019 | -3,193 | 8,267 | nmf |
| Net Margin | -45.5% | -45.5% | -99.1% | -6930.3% | -3831.3% | -476.6% | 43.1% |
Ownership & directors from companyinfo.ge (public corporate registry).