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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 1,699 · FY2023 1,855 — 3-yr total 3,554
Georgian gas distribution/service company.
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | CAGR |
|---|---|---|---|---|---|---|---|---|
| 25,654 | 13,231 | 10,097 | 13,573 | 16,682 | 22,251 | 33,019 | +4.3% | |
| Total COGS | 12,163 | 6,382 | 5,301 | 6,091 | 7,646 | 16,460 | 21,002 | +9.5% |
| Gross Profit | 13,492 | 6,849 | 4,796 | 7,481 | 9,035 | 5,792 | 12,017 | -1.9% |
| Gross Margin | 52.6% | 51.8% | 47.5% | 55.1% | 54.2% | 26.0% | 36.4% | |
| 11,458 | 4,981 | 4,463 | 4,874 | 6,885 | 2,293 | 2,995 | -20.0% | |
| EBITDA | 2,034 | 1,868 | 333 | 2,607 | 2,150 | 3,499 | 9,022 | +28.2% |
| EBITDA Margin | 7.9% | 14.1% | 3.3% | 19.2% | 12.9% | 15.7% | 27.3% | |
| Total D&A | 26 | 32 | 43 | 53 | 55 | 45 | 54 | +13.2% |
| EBIT / Operating Income | 2,008 | 1,835 | 290 | 2,554 | 2,095 | 3,454 | 8,968 | +28.3% |
| Total Interest Expense | 0 | 8 | 0 | 0 | 0 | 0 | 0 | |
| Total Other Income | 0 | 0 | 0 | 0 | 0 | 107 | 38 | -64.3% |
| Profit Before Tax | 2,008 | 1,827 | 290 | 2,554 | 2,095 | 3,347 | 8,930 | +28.2% |
| Total Income Tax | 0 | 0 | 0 | 0 | 144 | 300 | 328 | +50.8% |
| Net Profit / (Loss) | 2,034 | 1,827 | 290 | 2,554 | 1,951 | 3,047 | 8,601 | +27.2% |
| Net Margin | 7.9% | 13.8% | 2.9% | 18.8% | 11.7% | 13.7% | 26.0% |
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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