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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Operates in Tech & IT — Software. Per the activity note to the FY2024 annual report, the company provides financial and accounting software and comprehensive services for various companies. Founded by David and George Gotoshia, each holding 50%.
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| 1,623 | 1,840 | 1,592 | 2,067 | 1,771 | 1,657 | 1,592 | -0.3% | |
| Total COGS | 43 | 35 | 34 | 43 | 47 | 47 | 39 | -1.6% |
| Gross Profit | 1,580 | 1,806 | 1,558 | 2,024 | 1,724 | 1,610 | 1,552 | -0.3% |
| Gross Margin | 97.3% | 98.1% | 97.9% | 97.9% | 97.3% | 97.1% | 97.5% | |
| 750 | 766 | 208 | 853 | 1,457 | 867 | 892 | +2.9% | |
| EBITDA | 830 | 1,039 | 1,350 | 1,171 | 267 | 743 | 660 | -3.7% |
| EBITDA Margin | 51.1% | 56.5% | 84.8% | 56.6% | 15.1% | 44.8% | 41.5% | |
| Total D&A | 40 | 39 | 38 | 42 | 43 | 46 | 44 | +1.7% |
| EBIT / Operating Income | 790 | 1,001 | 1,313 | 1,128 | 224 | 697 | 616 | -4.1% |
| Total Interest Income | 44 | 12 | 346 | 200 | 263 | 249 | 674 | +57.3% |
| 0 | 0 | 1,773 | 2,067 | 0 | 0 | 0 | +16.6% | |
| Profit Before Tax | 834 | 1,013 | 3,431 | 3,396 | 487 | 946 | 1,290 | +7.5% |
| Total Income Tax | 0 | 0 | 7 | 2 | 1 | 53 | 57 | +70.3% |
| Net Profit / (Loss) | 834 | 1,013 | 1,344 | 1,168 | 486 | 893 | 1,234 | +6.7% |
| Net Margin | 51.4% | 55.0% | 84.4% | 56.5% | 27.5% | 53.9% | 77.5% | |
| Other Comprehensive Income | 0 | 0 | 0 | 1 | 1 | 0 | 0 | -30.0% |
| Total Comprehensive Income | 834 | 1,013 | 1,344 | 1,169 | 488 | 893 | 1,234 | +6.7% |
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.
Ownership & directors from companyinfo.ge (public corporate registry).
Ranked by how close each latest revenue is to this one — not a curated comp set.