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Operates in Hospitality — Accommodation. Per the activity note to the FY2024 annual report, the company operates hotels and accommodation facilities with restaurants. Founded on 14 March 2017; based in Tbilisi, Didube-Chugureti district.
| Line item | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|
| Total Revenue | 1,287 | 673 | 1,897 | 1,868 | 2,361 | +16.4% |
| Total COGS | 183 | 118 | 431 | 610 | 393 | +21.1% |
| Gross Profit | 1,104 | 556 | 1,466 | 1,259 | 1,967 | +15.6% |
| Gross Margin | 85.8% | 82.5% | 77.3% | 67.4% | 83.3% | |
| 686 | 1,695 | 1,946 | 1,070 | 1,060 | +11.5% | |
| EBITDA | 417 | 1,139 | 480 | 188 | 908 | +21.4% |
| EBITDA Margin | 32.4% | 169.1% | 25.3% | 10.1% | 38.4% | |
| Total D&A | 372 | 320 | 289 | 255 | 238 | -10.6% |
| EBIT / Operating Income | 45 | 1,459 | 769 | 67 | 670 | +96.3% |
| Total Interest Income | 0 | 1 | 0 | 0 | 0 | +3045.5% |
| Total Interest Expense | 730 | 739 | 479 | 339 | 459 | -10.9% |
| 1,344 | 302 | 433 | 195 | 0 | -47.5% | |
| Profit Before Tax | 660 | 1,895 | 814 | 211 | 211 | -24.8% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 425 | 839 | 49 | 211 | 211 | -16.1% |
| Net Margin | 33.0% | 124.5% | 2.6% | 11.3% | 8.9% |
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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