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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 0 · FY2023 0
Operates in Logistics & Transport. Per the activity note to the FY2023 annual report, the company conducts wholesale distribution of petroleum products. Registered since 9 July 2019.
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | CAGR |
|---|---|---|---|---|---|---|
| Total Revenue | 14,000 | 22,325 | 83,429 | 23,013 | 31 | nmf |
| Total COGS | 13,914 | 22,063 | 81,146 | 22,808 | 28 | nmf |
| Gross Profit | 86 | 262 | 2,284 | 205 | 3 | -57.2% |
| Gross Margin | 0.6% | 1.2% | 2.7% | 0.9% | 9.5% | |
| Other Operating Income | 0 | 2 | 0 | 0 | 0 | |
| 27 | 56 | 1,825 | 929 | 13 | -16.3% | |
| EBITDA | 59 | 208 | 458 | 724 | 10 | nmf |
| EBITDA Margin | 0.4% | 0.9% | 0.5% | 3.1% | 34.1% | |
| Total D&A | 8 | 0 | 0 | 0 | 0 | |
| EBIT / Operating Income | 51 | 208 | 458 | 724 | 10 | nmf |
| Total Interest Expense | 9 | 107 | 1,638 | 61 | 67 | +65.1% |
| Total Other Income | 12 | 131 | 2,047 | 159 | 2 | -38.3% |
| Profit Before Tax | 54 | 233 | 867 | 627 | 76 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 54 | 233 | 867 | 627 | 76 | nmf |
| Net Margin | 0.4% | 1.0% | 1.0% | 2.7% | 247.9% |
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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