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Operates in Industrial Goods — Machinery & Equipment. Per the activity note to the FY2024 annual report, the company imports industrial equipment and irrigation systems and provides assembly and installation. Founded 2013.
| Line item | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|
| 2,253 | 6,918 | 3,830 | 2,424 | +2.5% | |
| Total COGS | 1,430 | 4,235 | 2,146 | 1,739 | +6.7% |
| Gross Profit | 824 | 2,683 | 1,684 | 686 | -5.9% |
| Gross Margin | 36.6% | 38.8% | 44.0% | 28.3% | |
| 555 | 602 | 624 | 852 | +15.4% | |
| EBITDA | 269 | 2,081 | 1,060 | 166 | nmf |
| EBITDA Margin | 11.9% | 30.1% | 27.7% | 6.9% | |
| Total D&A | 22 | 45 | 37 | 44 | +25.3% |
| EBIT / Operating Income | 247 | 2,036 | 1,023 | 210 | nmf |
| Total Interest Expense | 12 | 11 | 2 | 51 | +63.0% |
| 3 | 7 | 0 | 5 | nmf | |
| Profit Before Tax | 237 | 2,018 | 1,021 | 266 | nmf |
| Total Income Tax | 49 | 33 | 61 | 48 | -1.0% |
| Net Profit / (Loss) | 188 | 1,984 | 960 | 314 | nmf |
| Net Margin | 8.4% | 28.7% | 25.1% | 12.9% |
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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