ID 404465529 · FY 2017–2020 · 4 years
Subsidiary of შეზღუდული პასუხისმგებლობის (100.0%)
m2 is a major Georgian residential real estate developer, originally a subsidiary of Bank of Georgia/Georgia Capital.
curated 2026-06-03reportal.gem2.ge
| Line item | 2017 | 2018 | 2019 | 2020 | CAGR |
|---|---|---|---|---|---|
| Total Revenue | 16,739 | 28,132 | 33,439 | 3,287 | -41.9% |
| Total COGS | -15,804 | -26,440 | -27,203 | -4,776 | -32.9% |
| Gross Profit | 935 | 1,692 | 6,236 | -1,489 | nmf |
| Gross Margin | 5.6% | 6.0% | 18.6% | -45.3% | |
| Total Operating Expenses | -854 | -1,233 | -1,791 | -564 | -12.9% |
| EBITDA | 81 | 459 | 4,445 | -2,053 | nmf |
| EBITDA Margin | 0.5% | 1.6% | 13.3% | -62.5% | |
| Total D&A | 0 | 0 | 0 | 0 | |
| EBIT / Operating Income | 81 | 459 | 4,445 | -2,053 | nmf |
| Total Interest Income | 52 | 232 | 71 | 270 | +73.2% |
| Total Interest Expense | 0 | -1,891 | -1,567 | -2,102 | +5.4% |
| Total Other Income | 11,816 | 591 | -4,838 | -14,800 | nmf |
| Profit Before Tax | 11,949 | -609 | -1,889 | -18,685 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 11,554 | -609 | -1,889 | -18,685 | nmf |
| Net Margin | 69.0% | -2.2% | -5.6% | -568.5% |
Ownership & directors from companyinfo.ge (public corporate registry).