ID 404469865 · FY 2017–2024 · 8 years
Greenhouse vegetable producer in Georgia, growing tomatoes, cucumbers and other crops in modern hydroponic facilities.
curated 2026-06-03reportal.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 9,554 | 10,806 | 15,878 | 16,024 | 15,086 | 15,976 | 14,168 | 17,413 | +9.0% |
| Total COGS | 0 | 0 | -2,468 | -2,655 | -2,695 | -2,707 | -2,576 | -2,464 | -0.0% |
| Gross Profit | 9,554 | 10,806 | 13,410 | 13,369 | 12,391 | 13,269 | 11,592 | 14,949 | +6.6% |
| Gross Margin | 100.0% | 100.0% | 84.5% | 83.4% | 82.1% | 83.1% | 81.8% | 85.8% | |
| Total Operating Expenses | -3,676 | -8,097 | -32,993 | -11,022 | -12,666 | -11,449 | -9,517 | -12,041 | +18.5% |
| EBITDA | 5,878 | 2,709 | -19,583 | 2,347 | -275 | 1,820 | 2,075 | 2,908 | -9.6% |
| EBITDA Margin | 61.5% | 25.1% | -123.3% | 14.6% | -1.8% | 11.4% | 14.6% | 16.7% | |
| Total D&A | -3,673 | -4,328 | -5,251 | -1,867 | -1,925 | -1,924 | -1,896 | -679 | -21.4% |
| EBIT / Operating Income | 2,205 | -1,619 | -24,834 | 480 | -2,200 | -104 | 179 | 2,229 | +0.2% |
| Total Interest Expense | -2,399 | -1,450 | -1,294 | -1,045 | -693 | -232 | -233 | -260 | -27.2% |
| Total Other Income | 65 | 1,217 | 80 | 230 | 387 | 863 | 1,459 | 329 | +26.1% |
| Profit Before Tax | -129 | -1,852 | -26,048 | -335 | -2,506 | 527 | 1,405 | 2,298 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | -4,354 | -4,703 | -26,444 | -536 | -2,695 | 344 | 1,245 | 2,115 | nmf |
| Net Margin | -45.6% | -43.5% | -166.5% | -3.3% | -17.9% | 2.2% | 8.8% | 12.1% |
Ownership & directors from companyinfo.ge (public corporate registry).