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Operates in Telecom — Mobile & Fixed. Per the activity note to the FY2024 annual report, the company provides internet services as an internet service provider.
Group parent — controls 1 company · ownership
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| 2,022 | 3,009 | 4,114 | 4,976 | 5,947 | 6,544 | 7,323 | +23.9% | |
| Total COGS | 295 | 602 | 613 | 814 | 1,515 | 700 | 959 | +21.7% |
| Gross Profit | 1,727 | 2,406 | 3,501 | 4,163 | 4,432 | 5,845 | 6,365 | +24.3% |
| Gross Margin | 85.4% | 80.0% | 85.1% | 83.6% | 74.5% | 89.3% | 86.9% | |
| 1,511 | 1,695 | 2,189 | 2,649 | 3,508 | 3,790 | 4,161 | +18.4% | |
| EBITDA | 215 | 711 | 1,312 | 1,513 | 924 | 2,055 | 2,204 | +47.4% |
| EBITDA Margin | 10.6% | 23.6% | 31.9% | 30.4% | 15.5% | 31.4% | 30.1% | |
| Total D&A | 265 | 298 | 361 | 408 | 603 | 711 | 864 | +21.7% |
| EBIT / Operating Income | 50 | 413 | 951 | 1,106 | 321 | 1,344 | 1,340 | nmf |
| Total Interest Expense | 0 | 0 | 0 | 0 | 0 | 42 | 0 | |
| Total Other Income | 0 | 0 | 66 | 100 | 64 | 18 | 31 | -17.2% |
| Profit Before Tax | 50 | 413 | 1,017 | 1,205 | 385 | 1,320 | 1,371 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 50 | 413 | 1,017 | 1,205 | 385 | 1,320 | 1,371 | nmf |
| Net Margin | 2.5% | 13.7% | 24.7% | 24.2% | 6.5% | 20.2% | 18.7% |
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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