Portfolio Valuation and Ameriabank Acquisition Update
AGGREGATED EBITDA DEVELOPMENT
ACROSS PRIVATE PORTFOLIO
AGGREGATED EBITDA DOWN
6.1% Y-O-Y IN 4Q23 AND UP
1.8% Y-O-Y IN FY23
4Q23 and FY23 performance reflects a
number of regulatory changes, particularly
within the healthcare sector, which in the
short-term have slowed the previously
projected pace of post-COVID recovery.
GEL MILLION
-6.1%
58
54
10
15
43
4Q22
243
35
+1.8%
248
44
52
55
32
157
4Q23
Other portfolio companies
Investment stage portfolio companies
■Large portfolio companies
Georgia Capital PLC | General note: EBITDA from the water utility business is excluded for the presentation purposes. Aggregated numbers are presented like-for-like basis.
FY22
149
FY23
Other portfolio companies
Investment stage portfolio companies
I Large portfolio companies
GEORGIA
CAPITAL
40
40View entire presentation