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| GEL thousands | 2019¹ | 2020² | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| P&L Items | |||||||
| Revenue | Register | Register | Register | Register | Register | 15,035 | Register |
| Adj. Operating Profit³ | Register | Register | Register | Register | Register | 4,899 | Register |
| Adj. EBITDA³ | Register | Register | Register | Register | Register | 6,298 | Register |
| Net Income | Register | Register | Register | Register | Register | 3,041 | Register |
| Margins & Profitability Ratios (%) | |||||||
| Adj. Operating Profit Margin³ | Register | Register | Register | Register | Register | 32.6% | Register |
| Adj. EBITDA Margin³ | Register | Register | Register | Register | Register | 41.9% | Register |
| Net Income Margin | Register | Register | Register | Register | Register | 20.2% | Register |
| Balance Sheet Items & Leverage | |||||||
| Total Assets | Register | Register | Register | Register | Register | 52,500 | Register |
| Total Debt⁴ | Register | Register | Register | Register | Register | 20,738 | Register |
| Total Debt⁴ / Adj. EBITDA³ | Register | Register | Register | Register | Register | 3.29x | Register |
| Total Equity | Register | Register | Register | Register | Register | 27,192 | Register |
¹ Balance sheets include the Tbilisi Sea assets (about ₾17M of property, plant and equipment) demerged in September 2021, so they are not comparable with 2021 onward.
² Balance sheets include the Tbilisi Sea assets (about ₾17M of property, plant and equipment) demerged in September 2021, so they are not comparable with 2021 onward.
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.