GHG at a Glance

Segment overview

Georgia Healthcare Group
Key
Segments
Healthcare services Pharma 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 2018F

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 9M18
85% 16 hospitals
2,825 beds
15% 21 hospitals
495 beds

16 district polyclinics

267 pharmacies in major cities

c. 158,000 individuals

Financials 9M18

Gross Revenue

GEL622.4mln

EBITDA

GEL95.4mln

29%
GEL 188 mln
3%
GEL 18.2 mln
2%
GEL 15.2 mln
59%
GEL 377.5 mln
7%
GEL 41.2 mln
55%
GEL 53.1 mln

2%

GEL 1.9 mln
39%
GEL 37.0 mln
4%
GEL 3.4 mln
EBITDA Margin: 25.5% EBITDA Margin: 12.2% EBITDA Margin: 9.8% EBITDA Margin: 8.2%