Line item	2018	2019	2020	2021	2022	2023	2024	CAGR
Total Revenue	1,900	2,793	2,326	3,575	3,927	4,173	3,983	+13.1%
Total COGS	-1,183	-1,747	-1,316	-1,951	-1,940	-1,892	-1,842	+7.7%
Gross Profit	717	1,045	1,010	1,623	1,987	2,282	2,141	+20.0%
Gross Margin	37.8%	37.4%	43.4%	45.4%	50.6%	54.7%	53.8%
Total Operating Expenses	-248	-367	-483	-456	-503	-712	-1,141	+28.9%
EBITDA	469	679	526	1,168	1,484	1,569	1,000	+13.4%
EBITDA Margin	24.7%	24.3%	22.6%	32.7%	37.8%	37.6%	25.1%
Total D&A	-2	-2	-3	-2	-2	-4	-5	+16.2%
EBIT / Operating Income	467	676	524	1,166	1,482	1,565	995	+13.4%
Total Interest Expense	-90	-132	-114	-80	-8	-1	-10	-30.2%
Total Other Income	1	1	6	23	0	0	0	+201.5%
Profit Before Tax	378	545	416	1,108	1,474	1,564	984	+17.3%
Total Income Tax	0	0	0	0	-51	0	0
Net Profit / (Loss)	378	545	525	1,168	1,423	1,564	984	+17.3%
Net Margin	19.9%	19.5%	22.6%	32.7%	36.2%	37.5%	24.7%

Ownership & group structure

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.

companyinfo.ge · fetched 2026-07-15

Shareholders

რუსუდან ბადალაშვილი100.0%

რუსუდან ბადალაშვილიPartner / Shareholder100.0%

Directors & board

რუსუდან ბადალაშვილიDirector

Ownership & directors from companyinfo.ge (public corporate registry).