* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Guria Resource Group (შპს გურია რესურს ჯგუფი) — a quarry operator in the village of Melekeduri, Ozurgeti district: the filed principal activity is the working of gravel and sand quarries (the whole-note reading adds granite and dolomite extraction and processing). Wholly owned by Shota Mikeladze. Revenue around GEL 0.8–1.2m across FY2019–2021.
| Line item | 2018 | 2019 | 2020 | 2021 | CAGR |
|---|---|---|---|---|---|
| Total Revenue | 1,010 | 1,078 | 764 | 1,157 | +4.6% |
| Total COGS | 282 | 447 | 382 | 843 | +44.1% |
| Gross Profit | 729 | 631 | 381 | 314 | -24.5% |
| Gross Margin | 72.1% | 58.5% | 49.9% | 27.1% | |
| 538 | 295 | 274 | 310 | -16.7% | |
| EBITDA | 191 | 336 | 108 | 3 | -73.9% |
| EBITDA Margin | 18.9% | 31.2% | 14.1% | 0.3% | |
| Total D&A | 118 | 99 | 104 | 44 | -27.9% |
| EBIT / Operating Income | 73 | 238 | 4 | 41 | nmf |
| Total Interest Income | 0 | 8 | 8 | 0 | +7.0% |
| Total Interest Expense | 0 | 58 | 24 | 20 | -40.9% |
| Total Other Income | 8 | 0 | 9 | 14 | +20.1% |
| Profit Before Tax | 81 | 187 | 2 | 47 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 191 | 187 | 70 | 47 | nmf |
| Net Margin | 18.9% | 17.4% | 9.2% | 4.1% |
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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