Georgia Capital PLC (LSE:CGEO) recorded significant net asset value growth in 2025, with NAV per share in Georgian lari increasing 61.2% year-on-year to GEL 154.68. The improvement was supported by a 34.9% rise in overall portfolio value, alongside strong share price performance from Lion Finance Group. Within the private portfolio, key holdings delivered solid fourth-quarter results, generating double-digit growth in both revenue and EBITDA, led by gains across pharmacy, insurance and healthcare services businesses.
During the year, the company completed a US$50 million share buyback and cancellation programme, repurchasing 11.6% of its outstanding share capital. This brought total capital returned to shareholders since the group’s demerger to US$246 million. At the same time, Georgia Capital launched a further US$50 million buyback as part of its broader GEL 700 million capital return framework. The group’s Net Capital Commitment (NCC) ratio improved to a record low of 2.3%, reflecting strong cash generation and continued portfolio expansion, and highlighting the strength of its balance sheet alongside its ongoing focus on shareholder returns.
More about Georgia Capital PLC
Georgia Capital PLC is an investment holding company focused on opportunities in Georgia, with exposure to listed financial services through Lion Finance Group as well as private investments in retail pharmacy, insurance and healthcare services. The company aims to build long-term shareholder value by investing in market-leading, cash-generative businesses and driving net asset value growth through active ownership and disciplined capital allocation.
Leave a Reply