Investor Presentaiton
GEL million
Private investment
stage portfolio
companies
EXTERNALLY VALUED
&
19
CLINICS & DIAGNOSTICS BUSINESS OVERVIEW (CONT'D)
Community Clinics
Outpatient and basic inpatient
services in regional towns and
municipalities
21%
17
Polyclinics
CLINICS
Market share by number of registered patients
Outpatient diagnostic and
treatment services in Tbilisi
and major regional cities
GHG clinics
615,700
Geo
Hospitals
319,000
279,815
Medcapital
136,000
Market share by registered patients
353
Registered patient in Tbilisi
Medison
91,000
617,293
Other
Number of community clinics beds
Registered patient in Georgia
NET REVENUE, CLINICS
EBITDA, CLINICS (excl. IFRS 16)
Gross profit margin (%)
EBITDA margin (%, excl. IFRS 16)
42.6%
44.8%
46.5%
44.1%
42.4%
41.6%
42.6%
GEORGIA
CAPITAL
DIAGNOSTICS (1Q23)
c.207,000
3.0
Number of patients served
21%
11%
c.619,000
5%
Number of tests performed
Average number of tests per
patient
GEL 6.9
Average revenue per test
(excluding COVID-19)
3%
20%
5%
1,675,000 60%
Retail portion in total revenue
COVID tests portion in total
revenue
EBITDA, DIAGNOSTICS (excl. IFRS 16)
EBITDA margin (%, excl. IFRS 16)
15.4%
19.9%
20.1%
19.9%
13.5%
18.5% 13.4%
3.2%
12.3% 23.8%
3.3% 13.7%
5.8%
-76.2%
70.5
65.8
-12.9%
-36.4%
7.3
14.2
44.2
46.3
33.3
24.8
37.8
8.9
9.4
21.0
21.4
17.9
5.9
19.6%
17.1%
37.2
41.0
19.9
23.2
24.9
9.1
9.0
1.8
3.6
2.3
0.2
1.1
0.7
0.3
5.6
10.5
11.5
2019 2020 2021 2022
1Q22 1Q23
2018
2019
2020
2021
2022
1Q22
1Q23
2018
2019
2020
2021
2022
1Q22
1Q23
Polyclinics
Community Clinics
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