ID 204544154 · FY 2017–2019 · 3 years
Georgian arm of RAKIA, the investment authority of the UAE emirate of Ras Al Khaimah, historically involved in industrial and real estate projects in Georgia.
curated 2026-06-03reportal.ge
| Line item | 2017 | 2018 | 2019 | CAGR |
|---|---|---|---|---|
| Total Revenue | 2,265 | 2,559 | 21,570 | +208.6% |
| Total COGS | -426 | 0 | 0 | |
| Gross Profit | 1,839 | 2,559 | 21,570 | +242.5% |
| Gross Margin | 81.2% | 100.0% | 100.0% | |
| Total Operating Expenses | -13,118 | 28,514 | -19,903 | +23.2% |
| EBITDA | -11,279 | 31,073 | 1,667 | nmf |
| EBITDA Margin | -498.0% | 1214.3% | 7.7% | |
| Total D&A | -389 | -87 | -10,491 | +419.3% |
| EBIT / Operating Income | -11,668 | 30,986 | -8,824 | -13.0% |
| Total Interest Income | 295 | 306 | 569 | +38.9% |
| Total Interest Expense | -5,893 | -14,178 | -31,914 | +132.7% |
| Total Other Income | 1,023 | 0 | 450 | -33.7% |
| Profit Before Tax | -16,243 | 17,114 | -39,719 | +56.4% |
| Total Income Tax | 0 | 0 | 0 | |
| Net Profit / (Loss) | -19,855 | 14,877 | -44,876 | +50.3% |
| Net Margin | -876.6% | 581.4% | -208.0% |
Ownership & directors from companyinfo.ge (public corporate registry).