ID 406178835 · FY 2018–2024 · 7 years
Subsidiary of შპს ფლას ავიეიშენ ინვესთმენთ კო., ლტდ (100.0%)
Georgian airline based in Tbilisi operating scheduled and charter passenger services.
curated 2026-06-03reportal.ge
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 14,196 | 42,377 | 28,753 | 51,954 | 60,731 | 16,418 | 64,850 | +28.8% |
| Total COGS | -19,091 | -18,251 | -8,721 | -16,093 | -23,106 | -13,893 | -41,823 | +14.0% |
| Gross Profit | -4,895 | 24,127 | 20,031 | 35,861 | 37,625 | 2,525 | 23,027 | nmf |
| Gross Margin | -34.5% | 56.9% | 69.7% | 69.0% | 62.0% | 15.4% | 35.5% | |
| Total Operating Expenses | -31,117 | -15,840 | -24,600 | -13,564 | -17,224 | -8,231 | -12,327 | -14.3% |
| EBITDA | -36,012 | 8,287 | -4,569 | 22,298 | 20,401 | -5,707 | 10,700 | nmf |
| EBITDA Margin | -253.7% | 19.6% | -15.9% | 42.9% | 33.6% | -34.8% | 16.5% | |
| Total D&A | -10,278 | -9,087 | -9,113 | -9,117 | -13,187 | -8,767 | -7,479 | -5.2% |
| EBIT / Operating Income | -46,290 | -801 | -13,681 | 13,180 | 7,215 | -14,474 | 3,220 | nmf |
| Total Interest Income | 91 | 118 | 70 | 10 | 105 | 0 | 0 | +3.6% |
| Total Interest Expense | -8,756 | -9,483 | -9,810 | -4,735 | -3,441 | -3,143 | -1,231 | -27.9% |
| Total Other Income | -4,775 | -7,470 | -14,976 | 2,355 | 21,456 | 1,140 | 4,943 | nmf |
| Profit Before Tax | -59,730 | -17,636 | -38,397 | 10,810 | 25,335 | -16,477 | 6,932 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | -40,875 | -17,648 | -38,461 | 10,796 | 25,330 | -16,477 | 6,932 | nmf |
| Net Margin | -287.9% | -41.6% | -133.8% | 20.8% | 41.7% | -100.4% | 10.7% |
Ownership & directors from companyinfo.ge (public corporate registry).