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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Operates in Telecom — Network Infrastructure. Per the activity note to the FY2024 annual report, the company provides packet switching services, DSL internet via copper lines, and optical internet services.
| Line item | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|
| Total Revenue | 7,893 | 17,693 | 28,148 | +88.8% |
| Total COGS | 6,611 | 14,113 | 20,026 | +74.0% |
| Gross Profit | 1,282 | 3,580 | 8,122 | +151.7% |
| Gross Margin | 16.2% | 20.2% | 28.9% | |
| Total Operating Expenses | 143 | 551 | 271 | +37.7% |
| EBITDA | 1,139 | 3,029 | 7,851 | +162.5% |
| EBITDA Margin | 14.4% | 17.1% | 27.9% | |
| Total D&A | 0 | 10 | 28 | nmf |
| EBIT / Operating Income | 1,139 | 3,020 | 7,823 | +162.1% |
| Total Interest Income | 0 | 0 | 1 | |
| Total Other Income | 15 | 474 | 34 | nmf |
| Profit Before Tax | 1,154 | 3,493 | 7,791 | +159.8% |
| Total Income Tax | 66 | 149 | 466 | +165.1% |
| Net Profit / (Loss) | 1,087 | 3,344 | 7,324 | +159.5% |
| Net Margin | 13.8% | 18.9% | 26.0% |
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).
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