ID 205267423 · FY 2017–2024 · 8 years
Group parent — controls 3 companies
Georgian IT / networking systems integrator.
curated 2026-06-03reportal.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 10,446 | 5,757 | 4,921 | 4,336 | 4,002 | 7,202 | 9,655 | 10,324 | -0.2% |
| Total COGS | -11,750 | -6,604 | -5,819 | -5,053 | -4,514 | -5,951 | -7,221 | -8,220 | -5.0% |
| Gross Profit | -1,304 | -847 | -898 | -717 | -512 | 1,251 | 2,434 | 2,104 | nmf |
| Gross Margin | -12.5% | -14.7% | -18.2% | -16.5% | -12.8% | 17.4% | 25.2% | 20.4% | |
| Total Operating Expenses | -156 | -1,321 | -3,545 | -605 | -209 | -664 | -1,419 | -1,751 | +41.2% |
| EBITDA | -1,461 | -2,168 | -4,443 | -1,322 | -721 | 587 | 1,015 | 353 | nmf |
| EBITDA Margin | -14.0% | -37.7% | -90.3% | -30.5% | -18.0% | 8.2% | 10.5% | 3.4% | |
| Total D&A | -33 | -9 | -8 | -8 | -7 | -17 | -24 | -28 | -2.1% |
| EBIT / Operating Income | -1,493 | -2,177 | -4,451 | -1,330 | -728 | 570 | 991 | 325 | nmf |
| Total Interest Income | 501 | 231 | 269 | 147 | 60 | 0 | 0 | 13 | -40.6% |
| Total Interest Expense | -31 | 0 | 0 | 0 | 0 | -243 | -96 | 0 | +20.7% |
| Total Other Income | -6,710 | 13,237 | 679 | 312 | 1,947 | 4,434 | 1,037 | 610 | nmf |
| Profit Before Tax | -7,733 | 11,291 | -3,503 | -871 | 1,279 | 4,761 | 1,932 | 948 | nmf |
| Total Income Tax | -15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | -8,738 | 11,184 | -3,600 | -1,020 | 1,188 | 4,633 | 1,932 | 948 | nmf |
| Net Margin | -83.7% | 194.3% | -73.2% | -23.5% | 29.7% | 64.3% | 20.0% | 9.2% |
Ownership & directors from companyinfo.ge (public corporate registry).