ID 412670097 · FY 2017–2024 · 8 years
Subsidiary of სახელმწიფო (100.0%)
State-owned utility responsible for water supply and wastewater services across most Georgian municipalities outside Tbilisi. Public-interest entity under the Ministry of Regional Development.
curated 2026-06-03reportal.gewater.gov.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 39,012 | 38,522 | 41,594 | 42,207 | 47,815 | 50,807 | 52,149 | 56,359 | +5.4% |
| Total COGS | 0 | 0 | -4,325 | -4,554 | -5,680 | -7,253 | -7,591 | -8,615 | +14.8% |
| Gross Profit | 39,012 | 38,522 | 37,269 | 37,653 | 42,135 | 43,554 | 44,558 | 47,744 | +2.9% |
| Gross Margin | 100.0% | 100.0% | 89.6% | 89.2% | 88.1% | 85.7% | 85.4% | 84.7% | |
| Total Operating Expenses | -18,365 | -44,243 | -47,851 | -46,426 | -133,293 | -413,905 | -441,209 | -513,903 | +61.0% |
| EBITDA | 20,647 | -5,721 | -10,582 | -8,773 | -91,158 | -370,351 | -396,651 | -466,159 | nmf |
| EBITDA Margin | 52.9% | -14.9% | -25.4% | -20.8% | -190.6% | -728.9% | -760.6% | -827.1% | |
| Total D&A | -15,509 | -16,145 | -16,509 | -19,320 | -21,129 | -19,803 | -18,219 | -19,148 | +3.1% |
| EBIT / Operating Income | 5,138 | -21,866 | -27,091 | -28,093 | -112,287 | -390,154 | -414,870 | -485,307 | nmf |
| Total Interest Income | 1,776 | 2,809 | 4,558 | 3,456 | 3,096 | 11,435 | 21,745 | 14,325 | +34.7% |
| Total Interest Expense | -39,453 | -9,474 | -52,503 | -3,442 | -11,005 | -11,773 | -14,528 | -16,306 | -11.9% |
| Total Other Income | 0 | -1,553 | -1,866 | -168,761 | 167,263 | 271,412 | 10,755 | 122,712 | nmf |
| Profit Before Tax | -32,539 | -30,084 | -76,902 | -196,840 | 47,067 | -119,080 | -396,898 | -364,576 | +41.2% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | -63,477 | -40,309 | -84,885 | -205,435 | 36,931 | -129,297 | -406,853 | -375,268 | +28.9% |
| Net Margin | -162.7% | -104.6% | -204.1% | -486.7% | 77.2% | -254.5% | -780.2% | -665.9% |
Ownership & directors from companyinfo.ge (public corporate registry).