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Operates in Industrial Goods — Building Materials. Per the activity note to the FY2023 annual report, the company imports various decorative, construction and repair materials and sells them, also performs installation services. Founded February 2018; 50% each owned by David Khutishvili.
| Line item | 2022 | 2023 | CAGR |
|---|---|---|---|
| Total Revenue | 1,667 | 1,542 | -7.5% |
| Total COGS | 0 | 0 | |
| Gross Profit | 1,667 | 1,542 | -7.5% |
| Gross Margin | 100.0% | 100.0% | |
| 2,445 | 1,982 | -18.9% | |
| EBITDA | 779 | 440 | -43.5% |
| EBITDA Margin | 46.7% | 28.5% | |
| Total D&A | 0 | 0 | |
| EBIT / Operating Income | 779 | 440 | -43.5% |
| Total Interest Expense | 27 | 20 | -26.0% |
| Total Other Income | 49 | 13 | -73.7% |
| Profit Before Tax | 854 | 472 | -44.7% |
| Total Income Tax | 0 | 0 | |
| Net Profit / (Loss) | 854 | 472 | -44.7% |
| Net Margin | 51.2% | 30.6% |
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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