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Operates in Construction — Project Development. Per the activity note to the FY2024 annual report, the company conducts scientific research, develops construction projects, performs technical testing and analysis, and rents property. Registered in 1995; provides comprehensive construction and engineering services.
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0 | 1,982 | 2,625 | 1,198 | 706 | 1,212 | 760 | 1,354 | -6.2% |
| Total COGS | 47 | 38 | 42 | 27 | 50 | 30 | 20 | 14 | -15.7% |
| Gross Profit | 47 | 1,944 | 2,583 | 1,170 | 656 | 1,183 | 739 | 1,340 | nmf |
| Gross Margin | 0.0% | 98.1% | 98.4% | 97.7% | 92.9% | 97.5% | 97.3% | 99.0% | |
| 0 | 1,754 | 1,980 | 1,146 | 893 | 1,271 | 848 | 911 | -10.4% | |
| EBITDA | 47 | 190 | 603 | 24 | 237 | 88 | 109 | 430 | nmf |
| EBITDA Margin | 0.0% | 9.6% | 23.0% | 2.0% | 33.6% | 7.3% | 14.3% | 31.7% | |
| Total D&A | 0 | 55 | 57 | 63 | 51 | 42 | 34 | 28 | -10.9% |
| EBIT / Operating Income | 47 | 135 | 546 | 39 | 288 | 130 | 142 | 402 | nmf |
| Total Other Income | 0 | 1 | 5 | 42 | 2 | 10 | 0 | 0 | nmf |
| Profit Before Tax | 47 | 134 | 540 | 4 | 285 | 120 | 142 | 402 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 47 | 134 | 540 | 4 | 285 | 120 | 142 | 402 | +36.0% |
| Net Margin | 0.0% | 6.8% | 20.6% | 0.3% | 40.4% | 9.9% | 18.7% | 29.7% |
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).
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