Line item	2018	2019	2020	2021	2022	2023	2024	CAGR
Total Revenue	5,255	5,843	6,402	7,197	6,470	4,271	4,573	-2.3%
Total COGS	-3,473	-3,892	-3,848	-4,252	-4,363	-3,069	-2,839	-3.3%
Gross Profit	1,782	1,950	2,554	2,944	2,107	1,202	1,734	-0.5%
Gross Margin	33.9%	33.4%	39.9%	40.9%	32.6%	28.1%	37.9%
Total Operating Expenses	-1,160	-1,223	-1,827	-2,499	-1,737	-1,954	-1,592	+5.4%
EBITDA	622	727	728	445	370	-753	142	-21.8%
EBITDA Margin	11.8%	12.5%	11.4%	6.2%	5.7%	-17.6%	3.1%
Total D&A	-55	-69	-89	-95	-70	-72	-63	+2.4%
EBIT / Operating Income	568	658	639	351	300	-825	79	-28.1%
Total Interest Income	1	0	0	0	0	0	0
Total Interest Expense	-120	-126	-134	-155	-199	-103	-51	-13.3%
Total Other Income	5	0	0	85	-89	-51	-55	nmf
Profit Before Tax	454	532	505	280	12	-979	-27	nmf
Total Income Tax	0	0	0	0	0	0	0
Net Profit / (Loss)	622	532	505	280	12	-880	-27	nmf
Net Margin	11.8%	9.1%	7.9%	3.9%	0.2%	-20.6%	-0.6%

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

მინდია ჟიჟიაშვილი100.0%

მინდია ჟიჟიაშვილიPartner / Shareholder100.0%

Directors & board

მინდია ჟიჟიაშვილიDirector

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