ID 426529759 · FY 2017–2024 · 8 years
Subsidiary of სააქციო საზოგადოება (100.0%)
Combined-cycle gas-fired thermal power plant in Gardabani, one of Georgia's largest electricity generators, owned by JSC Georgian Oil and Gas Corporation. Provides baseload and balancing capacity to the national grid.
curated 2026-06-03gogc.gereportal.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0 | 0 | 0 | 100,923 | 160,113 | 148,343 | 129,080 | 163,512 | +12.8% |
| Total COGS | 0 | 0 | 0 | -69,720 | -93,685 | -78,312 | -64,539 | -88,865 | +6.3% |
| Gross Profit | 0 | 0 | 0 | 31,203 | 66,428 | 70,031 | 64,541 | 74,647 | +24.4% |
| Gross Margin | 0.0% | 0.0% | 0.0% | 30.9% | 41.5% | 47.2% | 50.0% | 45.7% | |
| Total Operating Expenses | -41 | -1,442 | 6,769 | -2,388 | -7,618 | -13,444 | -14,796 | -18,158 | nmf |
| EBITDA | -41 | -1,442 | 6,769 | 28,815 | 58,810 | 56,587 | 49,745 | 56,489 | nmf |
| EBITDA Margin | 0.0% | 0.0% | 0.0% | 28.6% | 36.7% | 38.1% | 38.5% | 34.5% | |
| Total D&A | -22 | -49 | -79 | -17,635 | -21,376 | -21,465 | -21,588 | -21,523 | nmf |
| EBIT / Operating Income | -63 | -1,491 | 6,690 | 11,180 | 37,434 | 35,122 | 28,157 | 34,966 | nmf |
| Total Interest Income | 22 | 540 | 103 | 284 | 22,708 | 43,967 | 8,215 | 6,365 | nmf |
| Total Interest Expense | 0 | 0 | -7,374 | -49,263 | -25,514 | -21,053 | -17,265 | -15,797 | +16.5% |
| Total Other Income | 0 | 1,862 | 0 | 0 | 0 | 0 | 843 | -6,965 | nmf |
| Profit Before Tax | -41 | 911 | -581 | -37,799 | 34,628 | 58,036 | 19,950 | 18,569 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | -591 | 49 | -3,149 | -41,931 | 29,997 | 53,570 | 19,950 | 18,569 | nmf |
| Net Margin | 0.0% | 0.0% | 0.0% | -41.5% | 18.7% | 36.1% | 15.5% | 11.4% |
Ownership & directors from companyinfo.ge (public corporate registry).