* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Operates in Logistics & Transport — Warehousing & Distribution. Per the activity note to the FY2023 annual report, the company stores and warehouses frozen meat products, fruit and vegetables from both imported and local production. Founder: Milvus Holding Limited (Cyprus).
Subsidiary of Shezghuduli Pasukhismgeblobissazogadoeba Milvus Holding Limitedi (100.0%)
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 208 | 92 | 158 | 551 | 688 | 814 | 929 | +28.3% |
| Total COGS | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Gross Profit | 208 | 92 | 158 | 551 | 688 | 814 | 929 | +28.3% |
| Gross Margin | 99.9% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| 291 | 298 | 107 | 725 | 380 | 758 | 378 | +4.4% | |
| EBITDA | 83 | 206 | 51 | 173 | 308 | 56 | 551 | nmf |
| EBITDA Margin | 39.9% | 224.1% | 32.4% | 31.5% | 44.8% | 6.9% | 59.3% | |
| Total D&A | 291 | 298 | 928 | 400 | 219 | 292 | 285 | -0.3% |
| EBIT / Operating Income | 374 | 505 | 877 | 573 | 89 | 236 | 266 | nmf |
| Total Interest Expense | 0 | 0 | 6 | 28 | 50 | 61 | 0 | +116.8% |
| Total Other Income | 0 | 0 | 0 | 7 | 1 | 3 | 5 | -10.3% |
| Profit Before Tax | 374 | 505 | 883 | 594 | 40 | 294 | 271 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 83 | 206 | 883 | 173 | 40 | 57 | 271 | nmf |
| Net Margin | 39.8% | 224.1% | 559.9% | 31.5% | 5.8% | 7.0% | 29.1% |
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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