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| GEL thousands | 2019 | 2020 | 2021 | 2022¹ | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| P&L Items | |||||||
| Revenue | Register | Register | Register | Register | Register | 6,523 | Register |
| Adj. Operating Profit² | Register | Register | Register | Register | Register | (1,955) | Register |
| Adj. EBITDA² | Register | Register | Register | Register | Register | 1,293 | Register |
| Net Income | Register | Register | Register | Register | Register | (2,091) | Register |
| Margins & Profitability Ratios (%) | |||||||
| Adj. Operating Profit Margin² | Register | Register | Register | Register | Register | -30.0% | Register |
| Adj. EBITDA Margin² | Register | Register | Register | Register | Register | 19.8% | Register |
| Net Income Margin | Register | Register | Register | Register | Register | -32.1% | Register |
| Balance Sheet Items & Leverage | |||||||
| Total Assets | Register | Register | Register | Register | Register | 52,181 | Register |
| Total Debt³ | Register | Register | Register | Register | Register | 64 | Register |
| Total Debt³ / Adj. EBITDA² | Register | Register | Register | Register | Register | 0.05x | Register |
| Total Equity | Register | Register | Register | Register | Register | 46,973 | Register |
¹ The regulated sale tariff was cut from 10.837 to 2.3 tetri/kWh from 1 January 2022, which explains the drop in revenue versus 2021 at broadly similar output. The regulator set 4.764 tetri/kWh from 2026.
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.