ჯეო-ემ-ტექს

^¹ Capital increased by GEL 10.4m in 2020 while end-2019 loans of GEL 8.2m were nil by end-2020. This points to a conversion of loans into equity, which the filings do not state explicitly.

^² COGS გადაანგარიშებულია შედარებადობისთვის (2020–2022): The 2020–2022 filings present expenses by nature. For comparability with 2023 onward, 91.6% of payroll and 53.6% of depreciation were moved into cost of sales, using the split the company itself reported for 2023. Operating profit, EBITDA and net income are unchanged.

^³ Adj. Operating Profit has been adjusted to exclude non-recurring and one-time items. Adj. EBITDA is calculated by adding back D&A expenses to the adjusted operating profit.

^⁴ Total debt includes lease liabilities, where applicable.