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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,979 | 3,214 | 2,412 | 2,035 | 2,737 | 1,861 | 1,653 | -9.4% |
| Total COGS | 718 | 848 | 589 | 705 | 1,989 | 1,013 | 1,003 | +5.7% |
| Gross Profit | 2,261 | 2,365 | 1,823 | 1,330 | 747 | 848 | 650 | -18.8% |
| Gross Margin | 75.9% | 73.6% | 75.6% | 65.4% | 27.3% | 45.6% | 39.3% | |
| 1,894 | 1,816 | 1,386 | 1,335 | 765 | 771 | 572 | -18.1% | |
| EBITDA | 367 | 549 | 437 | 5 | 18 | 77 | 78 | -22.8% |
| EBITDA Margin | 12.3% | 17.1% | 18.1% | 0.2% | 0.7% | 4.1% | 4.7% | |
| Total D&A | 88 | 95 | 112 | 109 | 113 | 118 | 111 | +4.0% |
| EBIT / Operating Income | 280 | 454 | 325 | 115 | 131 | 41 | 33 | nmf |
| Total Interest Income | 0 | 0 | 0 | 9 | 8 | 5 | 0 | -74.0% |
| Total Interest Expense | 28 | 54 | 34 | 26 | 24 | 31 | 17 | -7.6% |
| 9 | 12 | 11 | 93 | 25 | 18 | 11 | +4.0% | |
| Profit Before Tax | 243 | 412 | 303 | 38 | 122 | 85 | 61 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 243 | 412 | 303 | 38 | 122 | 85 | 61 | nmf |
| Net Margin | 8.2% | 12.8% | 12.5% | 1.9% | 4.5% | 4.6% | 3.7% | |
| Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 22 | |
| Total Comprehensive Income | 243 | 412 | 303 | 38 | 122 | 85 | 39 | 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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