GHG at a Glance

Segment overview

Georgia Healthcare Group
Key
Segments
Healthcare services Pharmacy and Distribution Medical insurance
Hospitals Polylinics (outpatient clinics) Pharma Medical Insurance
Referral Hospitals Community Hospitals
Key Services

General and specialty hospitals offering outpatient and inpatient services in Tbilisi and major regional cities

Basic outpatient and inpatient services in regional towns and municipalities

Outpatient diagnostic and treatment services in Tbilisi and major regional cities

Wholesaler and urban-retailer, with a countrywide distribution network

Range of private insurance products purchased by individuals and employers

Market Size 2017

GEL 1.3bln adressable
c. 25% by revenue
24.9% by beds (total 3,320 beds)
GEL 0.7bln

c. 3% by revenue
GEL 1.6bln

30% by revenue
GEL 0.2bln

27% by revenue

Market
Share

Selected
Operating
Data FY18
85% 16 hospitals
2,825 beds
15% 21 hospitals
495 beds

16 polyclinics

270 pharmacies in major cities

c. 230,000 individuals

Financials FY18

Gross Revenue

GEL849.9mln

EBITDA

GEL132.3mln

29%
GEL 256.8 mln
3%
GEL 24.3 mln
3%
GEL 20.9 mln
59%
GEL 518.6 mln
6%
GEL 55.1 mln
55%
GEL 73.3 mln

2%

GEL 2.7 mln
40%
GEL 52.2 mln
3%
GEL 4.1 mln
EBITDA Margin: 25.7% EBITDA Margin: 13.0% EBITDA Margin: 10.1% EBITDA Margin: 7.4%