ID 245550933 · FY 2017–2022 · 6 years
Group parent — controls 1 company
Part of the Orbi Group, a major Georgian real estate developer focused on resort and residential projects, notably in Batumi and Bakuriani.
curated 2026-06-03reportal.georbigroup.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | CAGR |
|---|---|---|---|---|---|---|---|
| Total Revenue | 17,999 | 50,051 | 49,752 | 6,288 | 6,767 | 13,651 | -5.4% |
| Total COGS | -6,723 | -14,203 | -23,571 | -4,498 | -6,480 | -13,610 | +15.1% |
| Gross Profit | 11,276 | 35,848 | 26,181 | 1,790 | 287 | 41 | nmf |
| Gross Margin | 62.6% | 71.6% | 52.6% | 28.5% | 4.2% | 0.3% | |
| Total Operating Expenses | -1,789 | -2,409 | -5,146 | -5,307 | -4,597 | -1,628 | -1.9% |
| EBITDA | 9,487 | 33,439 | 21,035 | -3,517 | -4,310 | -1,587 | nmf |
| EBITDA Margin | 52.7% | 66.8% | 42.3% | -55.9% | -63.7% | -11.6% | |
| Total D&A | 0 | -98 | -1,075 | -515 | -516 | -853 | +71.8% |
| EBIT / Operating Income | 9,487 | 33,341 | 19,960 | -4,032 | -4,826 | -2,440 | nmf |
| Total Interest Income | 808 | 2,504 | 2,384 | 2,658 | 1,430 | 25 | -50.1% |
| Total Interest Expense | -98 | -2,689 | -5,330 | -7,237 | -6,988 | -6,616 | +132.2% |
| Total Other Income | 3,873 | -102 | -3,037 | -6,644 | 1,372 | 6,499 | +10.9% |
| Profit Before Tax | 14,070 | 33,054 | 13,977 | -15,255 | -9,012 | -2,532 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | -378 | -1,201 | +217.7% |
| Net Profit / (Loss) | 11,040 | 29,151 | 13,806 | -15,380 | -9,390 | -3,733 | nmf |
| Net Margin | 61.3% | 58.2% | 27.7% | -244.6% | -138.8% | -27.3% |
Ownership & directors from companyinfo.ge (public corporate registry).