ID 203843396 · FY 2017–2023 · 7 years
Real estate / hospitality entity of the GMT Group developing or operating projects in the Mtatsminda district of Tbilisi.
curated 2026-06-03reportal.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 11,213 | 12,229 | 12,308 | 4,604 | 8,787 | 19,841 | 24,910 | +14.2% |
| Total COGS | -2,696 | -3,319 | -3,145 | -1,329 | -3,156 | -8,408 | -8,334 | +20.7% |
| Gross Profit | 8,517 | 8,910 | 9,163 | 3,275 | 5,631 | 11,433 | 16,576 | +11.7% |
| Gross Margin | 76.0% | 72.9% | 74.4% | 71.1% | 64.1% | 57.6% | 66.5% | |
| Total Operating Expenses | -1,777 | -5,546 | -7,542 | -4,180 | -5,810 | -11,995 | -15,193 | +43.0% |
| EBITDA | 6,740 | 3,364 | 1,621 | -905 | -179 | -562 | 1,383 | -23.2% |
| EBITDA Margin | 60.1% | 27.5% | 13.2% | -19.7% | -2.0% | -2.8% | 5.6% | |
| Total D&A | -1,260 | -1,194 | -1,168 | -1,363 | -1,509 | -937 | -947 | -4.6% |
| EBIT / Operating Income | 5,480 | 2,170 | 453 | -2,268 | -1,688 | -1,499 | 436 | -34.4% |
| Total Interest Income | 10 | 40 | 71 | 1,576 | 3 | 6 | 7 | -5.8% |
| Total Interest Expense | -2,015 | -4,442 | -5,316 | -5,437 | -5,812 | -5,593 | -5,390 | +17.8% |
| Total Other Income | 0 | -1,679 | -3,759 | -8,908 | 5,043 | 11,874 | 259 | nmf |
| Profit Before Tax | 3,475 | -3,911 | -8,551 | -15,037 | -2,454 | 4,788 | -4,688 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | -1,141 | -4,131 | -8,769 | -15,037 | -2,654 | 4,788 | -4,688 | +26.6% |
| Net Margin | -10.2% | -33.8% | -71.2% | -326.6% | -30.2% | 24.1% | -18.8% |
Ownership & directors from companyinfo.ge (public corporate registry).