ID 211380708 · FY 2017–2024 · 8 years
Georgian software development company.
curated 2026-06-03reportal.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 7,467 | 8,499 | 10,766 | 13,490 | 15,671 | 10,894 | 10,008 | 12,853 | +8.1% |
| Total COGS | -63 | -343 | -374 | -956 | -464 | -575 | -388 | -378 | +29.2% |
| Gross Profit | 7,404 | 8,156 | 10,392 | 12,534 | 15,207 | 10,319 | 9,620 | 12,475 | +7.7% |
| Gross Margin | 99.2% | 96.0% | 96.5% | 92.9% | 97.0% | 94.7% | 96.1% | 97.1% | |
| Total Operating Expenses | -3,574 | -4,065 | -4,362 | -4,341 | -5,781 | -6,061 | -7,674 | -7,558 | +11.3% |
| EBITDA | 3,831 | 4,091 | 6,030 | 8,194 | 9,426 | 4,258 | 1,946 | 4,917 | +3.6% |
| EBITDA Margin | 51.3% | 48.1% | 56.0% | 60.7% | 60.1% | 39.1% | 19.4% | 38.3% | |
| Total D&A | -217 | -229 | 0 | 0 | 0 | 0 | 0 | 0 | +5.3% |
| EBIT / Operating Income | 3,613 | 3,862 | 6,030 | 8,194 | 9,426 | 4,258 | 1,946 | 4,917 | +4.5% |
| Total Interest Income | 0 | 45 | 147 | 219 | 235 | 157 | 105 | 203 | +28.6% |
| Total Interest Expense | 0 | 0 | -2 | -2 | 0 | 0 | 0 | 0 | -13.0% |
| Total Other Income | 0 | 84 | -255 | 1,255 | -523 | -901 | 20 | 100 | +2.8% |
| Profit Before Tax | 3,613 | 3,991 | 5,920 | 9,666 | 9,138 | 3,513 | 2,070 | 5,219 | +5.4% |
| Total Income Tax | 0 | -273 | -980 | -576 | -929 | -1,282 | -706 | -167 | -7.8% |
| Net Profit / (Loss) | 4,124 | 3,903 | 5,024 | 9,090 | 8,209 | 2,232 | 1,364 | 5,052 | +2.9% |
| Net Margin | 55.2% | 45.9% | 46.7% | 67.4% | 52.4% | 20.5% | 13.6% | 39.3% |
Ownership & directors from companyinfo.ge (public corporate registry).