Georgia Capital (LON:CGEO) Releases Earnings Results

Georgia Capital (LON:CGEO) issued its earnings results on Tuesday. The company reported GBX 1,560.54 earnings per share for the quarter, Digital Look Earnings reports. Georgia Capital had a return on equity of 4.87% and a net margin of 58.75%.

Here are the key takeaways from Georgia Capital’s conference call:

• EV/NAV per‑share jumped — EV per share rose 14.1% Q/Q in Q4 and 61% for the full year, driven mainly by Lion Finance Group and strong private large‑portfolio performance (since‑merger NAV CAGR ~20%).
• Aggressive capital returns — the company has repurchased ~16m shares (~$246m, ~33% of peak share capital), completed earlier buybacks and kicked off the new GEL 700m program (≈80% executed in six months), providing direct shareholder value support.
• Portfolio operating momentum — aggregate Q4 revenue +12% and EBITDA +18% (FY EBITDA +28.6%); standout results include retail pharmacy EBITDA +26.7% (GEL103m), insurance revenue/pre‑tax profit growth with record ROEs, and healthcare EBITDA and cash conversion improvements.
• Stronger balance sheet and liquidity — net capital commitment (NCC) fell to a record low (~2–3%), holdco net cash ~USD40m after debt paydowns, and dividend income remains elevated (guidance above GEL200m), reducing financial risk and increasing optionality.
• Management has not decided how to deploy the small remaining capital‑return balance (either retire the remaining ~$50m bond or continue buybacks); a clear updated capital return policy is expected in 2026 and will influence future buybacks versus debt repayment.

Georgia Capital Stock Up 2.7%

Shares of LON:CGEO opened at GBX 3,465 on Tuesday. Georgia Capital has a 52-week low of GBX 1,200 and a 52-week high of GBX 3,527.50. The company has a 50 day moving average of GBX 3,212.31 and a two-hundred day moving average of GBX 2,745.84. The company has a market capitalization of £1.09 billion, a price-to-earnings ratio of 0.81 and a beta of 1.18.

Insider Activity at Georgia Capital

In other news, insider Irakli Giluari sold 75,000 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of GBX 2,997, for a total value of £2,247,750. Insiders own 8.57% of the company’s stock.

Georgia Capital Company Profile

Georgia Capital PLC (“Georgia Capital” or “the Group” or “GCAP”– LSE: CGEO LN) is a platform for buying, building and developing businesses in Georgia with holdings in sectors that are expected to benefit from the continued growth and further diversification of the Georgian economy. The Group’s focus is typically on larger-scale investment opportunities in Georgia, which have the potential to reach at least GEL 300 million equity value over 3-5 years from the initial investment and to monetise them through exits, as investments mature.