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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 Logistics & Transport — Maritime & Ports. Per the activity note to the FY2024 annual report, the company carries out maritime transport of passengers and freight.
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|
| 17,725 | 38,353 | 50,313 | 18,754 | 17,519 | 15,858 | -2.2% | |
| Total COGS | 4,472 | 36,509 | 46,882 | 16,733 | 0 | 0 | +55.2% |
| Gross Profit | 13,253 | 1,845 | 3,431 | 2,021 | 17,519 | 15,858 | +3.7% |
| Gross Margin | 74.8% | 4.8% | 6.8% | 10.8% | 100.0% | 100.0% | |
| Other Operating Income | 0 | 0 | 0 | 0 | 1,611 | 997 | -38.1% |
| 6,597 | 743 | 260 | 3,134 | 15,233 | 18,027 | +22.3% | |
| EBITDA | 6,656 | 1,102 | 3,170 | 1,114 | 3,896 | 1,173 | nmf |
| EBITDA Margin | 37.5% | 2.9% | 6.3% | 5.9% | 22.2% | 7.4% | |
| Total D&A | 0 | 0 | 0 | 1,268 | 10,186 | 5,931 | +116.3% |
| EBIT / Operating Income | 6,656 | 1,102 | 3,170 | 2,382 | 6,289 | 7,103 | nmf |
| Total Interest Income | 4 | 88 | 129 | 1,692 | 0 | 0 | nmf |
| Total Interest Expense | 0 | 0 | 0 | 4,550 | 3,618 | 0 | -20.5% |
| 156 | 1,708 | 2,530 | 5,897 | 2,582 | 1,425 | nmf | |
| Profit Before Tax | 6,503 | 519 | 5,829 | 657 | 12,490 | 5,678 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 6,503 | 556 | 5,828 | 657 | 12,490 | 5,678 | nmf |
| Net Margin | 36.7% | 1.4% | 11.6% | 3.5% | 71.3% | 35.8% | |
| Other Comprehensive Income | 0 | 0 | 0 | 0 | 9,591 | 555 | nmf |
| Total Comprehensive Income | 6,503 | 556 | 5,828 | 657 | 2,899 | 6,234 | nmf |
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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