Georgia Capital PLC 4Q24 and FY24 Results

Georgia Capital PLC (the “Company") has published today its fourth quarter and full year 2024 preliminary financial results.

KEY POINTS

• NAV per share (GEL) increased 15.0% in 4Q24, reflecting the excellent operating performance of our portfolio companies
• Outstanding quarterly results across our private portfolio with an 8.8% and 53.3% y-o-y increase in aggregated revenues and EBITDA in 4Q24, respectively, leading to a more than doubling of net operating cash flow
• NCC ratio improved by 3.1 ppts q-o-q to 12.8% as at 31-Dec-24 (2.8 ppts improvement y-o-y), despite the launch of the US$ 25 million share buyback programme in 4Q24, reflecting the receipt of c.US$ 63 million net proceeds from the beer and distribution business disposal and an 8.5% q-o-q increase in portfolio value
• Quarterly dividend income of GEL 9.8 million in 4Q24, contributing to FY24 total recurring dividend income to GEL 179.2 million
• 1.8 million shares repurchased during 4Q24 and 1Q25 (total bought back since demerger now 12.1 million shares (US$ 143 million cost), representing 25.3% of GCAP’s peak issued share capital)

WEBINAR DETAILS

An investor/analyst webinar, organised by the Company, will be held today, at 15:00 UK / 16:00 CET / 10:00 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.