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^¹ In 2020 the founder converted ₾9.2m of interest-free loans into charter capital. This was a non-cash transaction and is not shown as capital raised.

^² 2025 net loss includes a one-off, non-cash ₾12.5m write-down of property, plant and equipment on adoption of the revaluation model. A further ₾8.0m revaluation gain was recorded directly in equity.

^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.