Loading…
* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Operates in Real Estate — Residential Development. Per the activity note to the FY2023 annual report, the company constructs residential and non-residential buildings and undertakes real estate development.
Subsidiary of Tibini Group (66.0%)
| Line item | 2020 | 2021 | 2022 | 2023 | CAGR |
|---|---|---|---|---|---|
| Total Revenue | 6,239 | 6,927 | 11,807 | 10,122 | +17.5% |
| Total COGS | 3,496 | 4,085 | 8,586 | 7,361 | +28.2% |
| Gross Profit | 2,743 | 2,842 | 3,222 | 2,761 | +0.2% |
| Gross Margin | 44.0% | 41.0% | 27.3% | 27.3% | |
| 420 | 986 | 863 | 650 | +15.7% | |
| EBITDA | 2,324 | 1,856 | 2,359 | 2,111 | -3.1% |
| EBITDA Margin | 37.2% | 26.8% | 20.0% | 20.9% | |
| Total D&A | 5 | 6 | 127 | 191 | +243.2% |
| EBIT / Operating Income | 2,319 | 1,850 | 2,232 | 1,920 | -6.1% |
| Total Interest Income | 8 | 8 | 19 | 0 | +53.1% |
| Total Interest Expense | 9 | 139 | 224 | 38 | +62.8% |
| 80 | 147 | 142 | 238 | +43.6% | |
| Profit Before Tax | 2,399 | 1,866 | 2,169 | 2,119 | -4.0% |
| Total Income Tax | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 2,391 | 1,995 | 2,438 | 2,323 | -1.0% |
| Net Margin | 38.3% | 28.8% | 20.7% | 23.0% |
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).
Ranked by how close each latest revenue is to this one — not a curated comp set. Open this set in Compare →