Georgia Capital PLC (the “Company") has published today its financial results for the first quarter of 2024.
- Record NAV per share of GEL 90.04, up 8.6% q-o-q, supported by BoG’s outstanding performance and share price growth
- Strong performance of our private portfolio companies, aggregated quarterly revenue and EBITDA up 8.8% and 17.3% y-o-y, respectively
- NCC ratio improved by 0.8 ppts q-o-q to 14.8% as at 31-Mar-24 (4.9 ppts improvement y-o-y), reflecting strong liquidity and continued growth in portfolio value
- c.490,000 shares repurchased in 1Q24 (total bought back and cancelled since demerger now stands at 7.9 million shares (US$ 87 million in value), representing c.16.5% of the issued share capital at its peak)
- GEL 13.8 million dividend income from the portfolio companies in 1Q24
The results announcement together with the supplementary financial information (excel file) are available on the Company’s website at https://georgiacapital.ge/ir/financial-results. An investor/analyst webinar, organised by the Company, will be held on 1 May 2024, at 14:00 UK / 15:00 CET / 9:00 US Eastern Time. The duration of the webinar will be 60 minutes and will consist of a 30-minute update and a 30-minute Q&A session.
Please register at the Registration link to attend the event.
