ID 404483019 · FY 2018–2024 · 7 years
Real-estate developer of the Batumi Tower mixed-use high-rise on Batumi seafront.
curated 2026-06-03reportal.ge
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 6,765 | 2,184 | 3,043 | 14,617 | 17,630 | 16,686 | 17,497 | +17.2% |
| Total COGS | 609 | 0 | -553 | -894 | -1,743 | -1,899 | -1,862 | nmf |
| Gross Profit | 7,375 | 2,184 | 2,489 | 13,723 | 15,887 | 14,788 | 15,635 | +13.3% |
| Gross Margin | 109.0% | 100.0% | 81.8% | 93.9% | 90.1% | 88.6% | 89.4% | |
| Total Operating Expenses | -7,707 | -2,284 | -7,319 | -9,283 | -10,309 | -11,614 | -14,492 | +11.1% |
| EBITDA | -332 | -100 | -4,830 | 4,441 | 5,578 | 3,174 | 1,143 | nmf |
| EBITDA Margin | -4.9% | -4.6% | -158.7% | 30.4% | 31.6% | 19.0% | 6.5% | |
| Total D&A | -14 | -91 | -3,063 | -3,806 | -4,017 | -4,048 | -2,712 | nmf |
| EBIT / Operating Income | -346 | -191 | -7,892 | 635 | 1,561 | -874 | -1,569 | +28.6% |
| Total Interest Income | 158 | 147 | 291 | 14,221 | 2 | 89 | 7,268 | +89.4% |
| Total Interest Expense | -1,008 | 0 | -1,951 | -6,611 | -5,631 | -10,239 | -7,612 | +40.1% |
| Total Other Income | -1,379 | -1,572 | -22,740 | 0 | 39,123 | -3,507 | 1,795 | nmf |
| Profit Before Tax | -2,576 | -1,617 | -32,293 | 8,245 | 35,055 | -14,531 | -118 | -40.1% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | -2,365 | -1,673 | -29,223 | 8,245 | 35,055 | -14,531 | -118 | -39.3% |
| Net Margin | -35.0% | -76.6% | -960.4% | 56.4% | 198.8% | -87.1% | -0.7% |
Ownership & directors from companyinfo.ge (public corporate registry).