Line item	2018	2019	2020	2021	2022	2023	2024	CAGR
Total Revenue	4,455	5,527	3,247	4,838	6,044	7,007	7,627	+9.4%
Total COGS	-2,037	-2,757	-1,488	-2,211	-2,617	-2,933	-3,347	+8.6%
Gross Profit	2,418	2,770	1,758	2,627	3,427	4,074	4,280	+10.0%
Gross Margin	54.3%	50.1%	54.2%	54.3%	56.7%	58.1%	56.1%
Total Operating Expenses	-2,192	-2,398	-1,951	-2,313	-2,317	-2,444	-2,429	+1.7%
EBITDA	226	372	-193	314	1,110	1,631	1,851	+42.0%
EBITDA Margin	5.1%	6.7%	-5.9%	6.5%	18.4%	23.3%	24.3%
Total D&A	-99	-122	-120	-133	-133	-132	-137	+5.5%
EBIT / Operating Income	126	250	-313	181	977	1,499	1,714	+54.4%
Total Interest Income	0	46	50	47	0	0	0	+1.0%
Total Interest Expense	0	-152	-145	-169	-126	-5	0	-56.8%
Total Other Income	0	-88	-24	50	149	0	0	nmf
Profit Before Tax	126	56	-431	108	1,000	1,493	1,714	+54.4%
Total Income Tax	0	0	0	0	0	0	0
Net Profit / (Loss)	183	284	-255	314	607	1,631	1,851	+47.1%
Net Margin	4.1%	5.1%	-7.9%	6.5%	10.0%	23.3%	24.3%

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

შეზღუდული პასუხისმგებლობისსაზოგადოება ზარაფხანა დეველოპმენტი100.0%

შეზღუდული პასუხისმგებლობისსაზოგადოება ზარაფხანა დეველოპმენტიcompanyPartner / Shareholder100.0%

Group structure

Controlled by

შეზღუდული პასუხისმგებლობისსაზოგადოება ზარაფხანა დეველოპმენტი100.0%

Key metrics

Revenue & margins

Financial statements

Ownership & group structure

Shareholders

Group structure

Directors & board