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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 0 · FY2023 0 · FY2024 0
Operates in Logistics & Transport. Per the activity note to the FY2024 annual report, the group operates in the maritime passenger and cargo shipping market.
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| 22,323 | 28,228 | 31,828 | 32,848 | 12,943 | 7,759 | 4,776 | -22.7% | |
| Total COGS | 7,584 | 9,487 | 30,953 | 34,365 | 15,787 | 0 | 0 | +20.1% |
| Gross Profit | 14,739 | 18,741 | 875 | 1,518 | 2,844 | 7,759 | 4,776 | -17.1% |
| Gross Margin | 66.0% | 66.4% | 2.7% | 4.6% | 22.0% | 100.0% | 100.0% | |
| Other Operating Income | 0 | 0 | 0 | 0 | 0 | 24,373 | 0 | |
| 14,089 | 17,928 | 2,310 | 2,111 | 4,939 | 18,756 | 3,942 | -19.1% | |
| EBITDA | 651 | 813 | 1,435 | 3,629 | 7,784 | 13,375 | 834 | +4.2% |
| EBITDA Margin | 2.9% | 2.9% | 4.5% | 11.0% | 60.1% | 172.4% | 17.5% | |
| Total D&A | 0 | 0 | 0 | 0 | 0 | 1,479 | 1,116 | -24.6% |
| EBIT / Operating Income | 651 | 813 | 1,435 | 3,629 | 7,784 | 11,896 | 282 | nmf |
| Total Interest Income | 4 | 10 | 16 | 8 | 2 | 0 | 46 | +53.0% |
| Total Interest Expense | 0 | 0 | 0 | 0 | 0 | 4,217 | 380 | -91.0% |
| 8 | 295 | 3,825 | 423 | 1,379 | 212 | 551 | nmf | |
| Profit Before Tax | 647 | 1,118 | 2,407 | 3,198 | 6,402 | 7,467 | 66 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 647 | 1,118 | 451 | 4,481 | 6,402 | 7,467 | 66 | nmf |
| Net Margin | 2.9% | 4.0% | 1.4% | 13.6% | 49.5% | 96.2% | 1.4% | |
| Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 36 | 8 | nmf |
| Total Comprehensive Income | 647 | 1,118 | 451 | 4,481 | 6,402 | 7,504 | 74 | nmf |
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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