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Operates in Industrial Goods — Building Materials. Per the activity note to the FY2024 annual report, the company manufactures basalt fiber building materials from basalt stone.
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| 1,228 | 3,476 | 2,286 | 2,116 | 3,167 | 4,729 | 3,177 | 7,785 | +30.2% | |
| Total COGS | 2,526 | 753 | 639 | 622 | 934 | 2,785 | 1,839 | 2,977 | +2.4% |
| Gross Profit | 1,299 | 2,723 | 1,647 | 1,494 | 2,233 | 1,944 | 1,337 | 4,808 | nmf |
| Gross Margin | 105.8% | 78.3% | 72.0% | 70.6% | 70.5% | 41.1% | 42.1% | 61.8% | |
| 442 | 1,480 | 498 | 476 | 1,470 | 1,666 | 1,683 | 2,235 | nmf | |
| EBITDA | 857 | 4,204 | 1,149 | 1,018 | 763 | 278 | 346 | 2,573 | nmf |
| EBITDA Margin | 69.8% | 120.9% | 50.3% | 48.1% | 24.1% | 5.9% | 10.9% | 33.0% | |
| Total D&A | 232 | 290 | 266 | 0 | 0 | 0 | 625 | 597 | nmf |
| EBIT / Operating Income | 625 | 4,493 | 883 | 1,018 | 763 | 278 | 971 | 1,976 | nmf |
| Total Interest Income | 0 | 0 | 0 | 94 | 526 | 528 | 381 | 0 | +59.6% |
| Total Interest Expense | 0 | 0 | 27 | 165 | 748 | 803 | 738 | 674 | +90.3% |
| 43 | 137 | 1 | 143 | 19 | 19 | 44 | 42 | nmf | |
| Profit Before Tax | 668 | 4,357 | 854 | 1,090 | 522 | 17 | 1,284 | 1,344 | nmf |
| Total Income Tax | 0 | 0 | 128 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 4,152 | 5,572 | 726 | 1,038 | 716 | 17 | 1,284 | 1,344 | -14.9% |
| Net Margin | 338.2% | 160.3% | 31.8% | 49.1% | 22.6% | 0.4% | 40.4% | 17.3% |
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).
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