Line item	2018	2019	2020	2023	2024	CAGR
Total Revenue	2,311	2,047	1,734	2,475	2,909	+3.9%
Total COGS	-1,436	-1,314	-1,136	-1,647	-1,749	+3.3%
Gross Profit	874	733	599	828	1,160	+4.8%
Gross Margin	37.8%	35.8%	34.5%	33.5%	39.9%
Total Operating Expenses	-309	-206	-500	-624	-707	+14.8%
EBITDA	565	527	98	204	453	-3.6%
EBITDA Margin	24.5%	25.8%	5.7%	8.2%	15.6%
Total D&A	-4	-4	-7	-7	-9	+15.9%
EBIT / Operating Income	562	524	91	197	444	-3.8%
Total Interest Income	0	1	13	0	0	+2215.6%
Total Interest Expense	-47	-54	-36	-88	-112	+15.6%
Total Other Income	37	-42	-108	0	-359	nmf
Profit Before Tax	552	428	-39	109	-26	nmf
Total Income Tax	0	0	0	-45	0
Net Profit / (Loss)	602	485	-9	159	94	-26.6%
Net Margin	26.1%	23.7%	-0.5%	6.4%	3.2%

Ownership & group structure

Shareholders, directors and group links from the companyinfo.ge public register — as filed, so stakes need not sum to 100% where a holding is undisclosed.

companyinfo.ge · fetched 2026-07-15

Shareholders

ვიტალი ნანიტაშვილი100.0%

ვიტალი ნანიტაშვილიPartner / Shareholder100.0%

Directors & board

ვიტალი ნანიტაშვილიDirector

Ownership & directors from companyinfo.ge (public corporate registry).