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| GEL thousands | 2019 | 2020 | 2021 | 2022 | 2023¹ | 2024² | 2025 |
|---|---|---|---|---|---|---|---|
| P&L Items | |||||||
| Revenue | Register | Register | Register | Register | Register | 48,829 | Register |
| Adj. Operating Profit³ | Register | Register | Register | Register | Register | 857 | Register |
| Adj. EBITDA³ | Register | Register | Register | Register | Register | 2,324 | Register |
| Net Income | Register | Register | Register | Register | Register | 3,489 | Register |
| Margins & Profitability Ratios (%) | |||||||
| Adj. Operating Profit Margin³ | Register | Register | Register | Register | Register | 1.8% | Register |
| Adj. EBITDA Margin³ | Register | Register | Register | Register | Register | 4.8% | Register |
| Net Income Margin | Register | Register | Register | Register | Register | 7.1% | Register |
| Balance Sheet Items & Leverage | |||||||
| Total Assets | Register | Register | Register | Register | Register | 12,630 | Register |
| Total Debt⁴ | Register | Register | Register | Register | Register | 4,366 | Register |
| Total Debt⁴ / Adj. EBITDA³ | Register | Register | Register | Register | Register | 1.88x | Register |
| Total Equity | Register | Register | Register | Register | Register | 5,539 | Register |
¹ Includes the first operating year of the E60 shipping line, a consolidated subsidiary; ₾1.6m of the ₾1.8m net loss was attributable to non-controlling interests.
² E60 was consolidated until its deconsolidation during 2024 (₾12.0m of revenue for that period); net profit includes a one-off ₾2.6m gain on the deconsolidation.
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.