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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2023 0 · FY2024 0
Tbilisi real estate entity associated with the Kazbegi Avenue address.
Subsidiary of Edres Kolekshen Group (100.0%)
| Line item | 2023 | 2024 | CAGR |
|---|---|---|---|
| Total Revenue | 71 | 3,598 | +4936.5% |
| Total COGS | 1,127 | 4,092 | +263.2% |
| Gross Profit | 1,055 | 495 | -53.1% |
| Gross Margin | 1477.5% | 13.7% | |
| 535 | 1,693 | +216.2% | |
| EBITDA | 1,591 | 2,188 | +37.5% |
| EBITDA Margin | 2227.1% | 60.8% | |
| Total D&A | 132 | 219 | +65.8% |
| Impairment (non-financial) | 4 | 84 | +2040.8% |
| EBIT / Operating Income | 1,727 | 2,490 | +44.2% |
| Total Interest Expense | 0 | 0 | |
| 20 | 43 | +110.8% | |
| Profit Before Tax | 1,706 | 2,447 | +43.4% |
| Total Income Tax | 0 | 0 | |
| Net Profit / (Loss) | 1,805 | 2,447 | +35.6% |
| Net Margin | 2526.5% | 68.0% |
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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