Line item	2017	2018	2019	2020	2021	2022	2023	2024	CAGR
Total Revenue	2,922	2,732	3,312	3,303	4,023	4,342	4,805	4,704	+7.0%
Total COGS	-1,760	-1,745	-2,221	-2,003	-2,310	-2,552	-2,867	-2,751	+6.6%
Gross Profit	1,162	987	1,091	1,301	1,714	1,790	1,938	1,952	+7.7%
Gross Margin	39.8%	36.1%	32.9%	39.4%	42.6%	41.2%	40.3%	41.5%
Total Operating Expenses	-551	-554	-655	-611	-767	-701	-845	-916	+7.5%
EBITDA	611	433	436	690	947	1,089	1,093	1,036	+7.8%
EBITDA Margin	20.9%	15.8%	13.2%	20.9%	23.5%	25.1%	22.8%	22.0%
Total D&A	-16	-16	-32	-40	-43	-39	-37	-55	+19.8%
EBIT / Operating Income	596	417	404	650	904	1,050	1,056	981	+7.4%
Total Interest Income	0	1	1	1	2	0	0	0	-22.3%
Total Interest Expense	0	-0	0	-74	-128	-130	-155	-179	nmf
Total Other Income	3	-21	-32	27	14	50	2	-11	nmf
Profit Before Tax	599	397	373	605	792	971	903	791	+4.1%
Total Income Tax	0	-0	-0	-0	-0	0	0	0	-41.4%
Net Profit / (Loss)	630	412	404	701	952	971	903	791	+3.3%
Net Margin	21.6%	15.1%	12.2%	21.2%	23.7%	22.4%	18.8%	16.8%
Other Comprehensive Income	0	0	0	0	-0	-0	0	0	-76.1%
Total Comprehensive Income	630	412	404	701	952	971	903	791	+3.3%

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

ზურაბ საღარეიშვილი100.0%

ზურაბ საღარეიშვილიPartner / Shareholder100.0%

Directors & board

ზაზა ქურხულიDirector

Ownership & directors from companyinfo.ge (public corporate registry).