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| GEL thousands | 2019 | 2020 | 2021 | 2022 | 2023¹ | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| P&L Items | |||||||
| Revenue | Register | Register | Register | Register | Register | 290,181 | Register |
| Adj. Operating Profit² | Register | Register | Register | Register | Register | 127,330 | Register |
| Adj. EBITDA² | Register | Register | Register | Register | Register | 174,860 | Register |
| Net Income | Register | Register | Register | Register | Register | 70,281 | Register |
| Margins & Profitability Ratios (%) | |||||||
| Adj. Operating Profit Margin² | Register | Register | Register | Register | Register | 43.9% | Register |
| Adj. EBITDA Margin² | Register | Register | Register | Register | Register | 60.3% | Register |
| Net Income Margin | Register | Register | Register | Register | Register | 24.2% | Register |
| Balance Sheet Items & Leverage | |||||||
| Total Assets | Register | Register | Register | Register | Register | 1,005,115 | Register |
| Total Debt³ | Register | Register | Register | Register | Register | 514,812 | Register |
| Total Debt³ / Adj. EBITDA² | Register | Register | Register | Register | Register | 2.94x | Register |
| Total Equity | Register | Register | Register | Register | Register | 373,985 | Register |
¹ Rustavi Water was merged into GWP on 30 November 2023 and prior years were not restated, so 2024 is the first full year that includes Rustavi.
² 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.
³ Total debt includes lease liabilities, where applicable.