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| GEL thousands | 2020 | 2021 | 2022 | 2023 | 2024¹ | 2025 |
|---|---|---|---|---|---|---|
| P&L Items | ||||||
| Revenue | Register | Register | Register | Register | 87,949 | Register |
| Adj. Operating Profit² | Register | Register | Register | Register | 8,512 | Register |
| Adj. EBITDA² | Register | Register | Register | Register | 8,839 | Register |
| Net Income | Register | Register | Register | Register | 8,442 | Register |
| Margins & Profitability Ratios (%) | ||||||
| Gross Profit Margin | Register | Register | Register | Register | 17.1% | Register |
| Adj. Operating Profit Margin² | Register | Register | Register | Register | 9.7% | Register |
| Adj. EBITDA Margin² | Register | Register | Register | Register | 10.0% | Register |
| Net Income Margin | Register | Register | Register | Register | 9.6% | Register |
| Balance Sheet Items & Leverage | ||||||
| Total Assets | Register | Register | Register | Register | 84,796 | Register |
| Total Debt³ | Register | Register | Register | Register | 21,056 | Register |
| Total Debt³ / Adj. EBITDA² | Register | Register | Register | Register | 2.38x | Register |
| Total Equity | Register | Register | Register | Register | 59,458 | Register |
¹ The 2024 figures and the end-2023 balance sheet follow the FY2025 audited filing, which restated receivables, inventory and loans to related parties (GEL 14.0m allowance for doubtful receivables at end-2024). Earlier figures come from filings without that allowance.
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.