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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
Georgia-registered cargo/charter airline.
Subsidiary of Camex International (51.0%)
| Line item | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|
| Total Revenue | 12,243 | 44,172 | 45,261 | +92.3% |
| Total COGS | 12,843 | 47,279 | 53,447 | +104.0% |
| Gross Profit | 600 | 3,107 | 8,186 | +269.5% |
| Gross Margin | 4.9% | 7.0% | 18.1% | |
| Other Operating Income | 10 | 905 | 356 | +505.4% |
| 3,981 | 4,243 | 5,065 | +12.8% | |
| EBITDA | 4,571 | 6,446 | 12,895 | +68.0% |
| EBITDA Margin | 37.3% | 14.6% | 28.5% | |
| Total D&A | 59 | 145 | 194 | +81.3% |
| EBIT / Operating Income | 4,630 | 6,591 | 13,089 | +68.1% |
| Total Interest Expense | 725 | 10,405 | 13,049 | +324.4% |
| 3,622 | 1,476 | 5,695 | nmf | |
| Profit Before Tax | 1,733 | 18,472 | 31,833 | +328.6% |
| Total Income Tax | 36 | 29 | 211 | +142.8% |
| Net Profit / (Loss) | 1,769 | 18,443 | 32,044 | +325.7% |
| Net Margin | 14.4% | 41.8% | 70.8% |
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).
Ranked by how close each latest revenue is to this one — not a curated comp set. Open this set in Compare →