Investor Presentaiton
Teliani financial highlights
Income Statement
Change
Change
GEL thousands; unless otherwise noted
1Q18
1Q17
4Q17
y-o-y
q-o-q
Wine Business
Beer Business
Distribution Business
Revenue
Wine Business
Beer Business
4,593
3,446
33.3%
7,164
(35.9%)
4,921
NMF
4,736
3.9%
2,902
2,940
(1.3%)
5,383
(46.1%)
12,416
6,386
94.4%
17,283
(28.2%)
(2,228)
(1,831)
21.7%
(3,328)
(33.1%)
(3,567)
NMF
(3,438)
3.8%
Distribution Business
(2,250)
(2,244)
0.3%
(4,195)
(46.4%)
COGS
(8,045)
(4,075)
97.4%
(10,961)
(26.6%)
Gross Profit
4,371
2,311
89.1%
6,322
(30.9%)
Gross Profit Margin
35.2%
36.2%
36.6%
Salaries and other employee benefits
(2,838)
(1,094)
159.4%
(2,542)
11.6%
Sales and marketing expenses
(1,048)
(238)
NMF
(1,497)
(30.0%)
General and administrative expenses
(1,721)
(720)
139.0%
(1,577)
9.1%
Distribution expenses
(884)
(327)
170.3%
(957)
(7.6%)
Other operating expenses
(455)
(88)
NMF
(147)
NMF
EBITDA
(2,575)
(156)
NMF
(398)
NMF
Of which, wine EBITDA
600
392
53.2%
2,233
(73.1%)
Of which, beer EBITDA
(3,004)
(561)
NMF
(2,775)
8.3%
Of which, distribution EBITDA
(171)
15
NMF
144
NMF
Net foreign currency gain (loss)
2,174
2,096
3.7%
(4,404)
NMF
Depreciation and amortization
(2,547)
(360)
NMF
(2,056)
23.9%
Net interest income/expense
(1,158)
(216)
NMF
(1,247)
(7.1%)
Net non-recurring items.
46
NMF
(47)
NMF
(Loss) profit before income tax
(4,106)
1,410
NMF
(8,152)
(49.6%)
(Loss) Profit
(4,106)
1,410
NMF
(8,152)
(49.6%)
GEORGIA
CAPITAL
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