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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 FMCG — Distribution. Per the activity note to the FY2024 annual report, the company imports and distributes cosmetics, hygiene, perfumery products, food and consumer goods.
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| 13,634 | 15,240 | 19,148 | 17,305 | 18,619 | 15,195 | 18,631 | 18,729 | +4.6% | |
| Total COGS | 9,675 | 13,793 | 18,153 | 16,193 | 16,703 | 10,404 | 12,214 | 12,452 | +3.7% |
| Gross Profit | 3,959 | 1,447 | 995 | 1,111 | 1,917 | 4,791 | 6,417 | 6,277 | +6.8% |
| Gross Margin | 29.0% | 9.5% | 5.2% | 6.4% | 10.3% | 31.5% | 34.4% | 33.5% | |
| 3,634 | 1,012 | 524 | 536 | 572 | 3,910 | 4,504 | 4,541 | +3.2% | |
| EBITDA | 326 | 435 | 471 | 575 | 1,344 | 881 | 1,913 | 1,736 | +27.0% |
| EBITDA Margin | 2.4% | 2.9% | 2.5% | 3.3% | 7.2% | 5.8% | 10.3% | 9.3% | |
| Total D&A | 53 | 84 | 42 | 53 | 56 | 190 | 234 | 266 | +26.0% |
| EBIT / Operating Income | 273 | 351 | 429 | 522 | 1,288 | 691 | 1,679 | 1,470 | +27.2% |
| Total Interest Income | 0 | 6 | 3 | 2 | 2 | 0 | 0 | 0 | -34.3% |
| Total Interest Expense | 0 | 475 | 508 | 541 | 547 | 520 | 657 | 743 | +7.7% |
| 63 | 8 | 62 | 270 | 157 | 113 | 76 | 30 | -10.0% | |
| Profit Before Tax | 336 | 111 | 13 | 254 | 899 | 58 | 946 | 757 | +12.3% |
| Total Income Tax | 33 | 62 | 23 | 24 | 16 | 0 | 0 | 0 | -16.4% |
| Net Profit / (Loss) | 349 | 373 | 36 | 229 | 883 | 54 | 946 | 746 | +11.4% |
| Net Margin | 2.6% | 2.4% | 0.2% | 1.3% | 4.7% | 0.4% | 5.1% | 4.0% | |
| Other Comprehensive Income | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | |
| Total Comprehensive Income | 349 | 373 | 36 | 229 | 883 | 54 | 946 | 746 | +11.4% |
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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