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Operates in Logistics & Transport — Road Freight. Per the activity note to the FY2023 annual report, the company provides international freight transport and re-exports wide assortment of goods from Turkey to Armenia.
| Line item | 2020 | 2021 | 2022 | 2023 | CAGR |
|---|---|---|---|---|---|
| 71,621 | 13,199 | 30,497 | 21,265 | -33.3% | |
| Total COGS | 70,993 | 12,550 | 28,932 | 19,928 | -34.5% |
| Gross Profit | 628 | 649 | 1,565 | 1,337 | +28.6% |
| Gross Margin | 0.9% | 4.9% | 5.1% | 6.3% | |
| 147 | 332 | 1,213 | 1,121 | +97.0% | |
| EBITDA | 482 | 317 | 352 | 216 | -23.5% |
| EBITDA Margin | 0.7% | 2.4% | 1.2% | 1.0% | |
| Total D&A | 84 | 128 | 83 | 110 | +9.2% |
| EBIT / Operating Income | 397 | 189 | 269 | 106 | -35.7% |
| Total Other Income | 89 | 0 | 0 | 0 | |
| Profit Before Tax | 486 | 189 | 269 | 106 | -39.8% |
| Total Income Tax | 73 | 28 | 40 | 16 | -39.8% |
| Net Profit / (Loss) | 413 | 160 | 229 | 90 | -39.8% |
| Net Margin | 0.6% | 1.2% | 0.8% | 0.4% |
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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