K and Georgian Spirits (შპს კ და ქართული სპირტი)

panel 2026-09-21Ask

as filed · GEL, thousands

Line item	2018	2019	2020	2021	2022	2023	2024	CAGR
	26,306	58,233	60,952	68,729	94,408	167,757	367,871	+55.2%
Total COGS	16,993	36,258	38,307	48,058	47,812	78,335	169,943	+46.8%
Gross Profit	9,313	21,975	22,645	20,671	46,596	89,422	197,928	+66.4%
Gross Margin	35.4%	37.7%	37.2%	30.1%	49.4%	53.3%	53.8%
	4,355	9,517	12,064	369	2,504	16,713	16,831	+25.3%
EBITDA	4,959	12,458	10,581	20,302	49,100	72,709	181,097	+82.1%
EBITDA Margin	18.8%	21.4%	17.4%	29.5%	52.0%	43.3%	49.2%
Total D&A	0	0	0	63	110	119	117	+22.5%
EBIT / Operating Income	4,959	12,458	10,581	20,238	48,990	72,590	180,980	+82.1%
Total Interest Expense	1,264	2,254	1,911	1,876	2,001	2,249	2,289	+10.4%
	879	2,954	1,121	468	3,557	456	3,400	nmf
Profit Before Tax	2,816	7,249	7,549	18,831	50,545	69,885	182,091	+100.3%
Total Income Tax	0	0	0	0	0	0	0
Net Profit / (Loss)	753	6,011	5,924	17,189	47,865	69,885	182,091	nmf
Net Margin	2.9%	10.3%	9.7%	25.0%	50.7%	41.7%	49.5%

K and Georgian Spirits