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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2021 0 · FY2022 0 · FY2023 0
Operates in Logistics & Transport — Aviation. Per the activity note to the FY2024 annual report, the company provides technical maintenance services for aircraft.
Subsidiary of Geo Sky Airline (51.0%)
| Line item | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|
| 1,784 | 7,166 | 8,405 | +117.0% | |
| Total COGS | 0 | 0 | 0 | |
| Gross Profit | 1,784 | 7,166 | 8,405 | +117.0% |
| Gross Margin | 100.0% | 100.0% | 100.0% | |
| 1,476 | 6,573 | 7,020 | +118.1% | |
| EBITDA | 308 | 593 | 1,385 | +111.9% |
| EBITDA Margin | 17.3% | 8.3% | 16.5% | |
| Total D&A | 56 | 328 | 382 | +160.3% |
| EBIT / Operating Income | 252 | 266 | 1,004 | +99.5% |
| Total Interest Income | 0 | 1 | 2 | +44.3% |
| Total Interest Expense | 18 | 97 | 89 | +122.4% |
| 34 | 270 | 365 | +227.1% | |
| Profit Before Tax | 268 | 440 | 1,281 | +118.6% |
| Total Income Tax | 0 | 0 | 0 | |
| Net Profit / (Loss) | 268 | 591 | 1,417 | +129.9% |
| Net Margin | 15.0% | 8.3% | 16.9% |
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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