ID 404496121 · FY 2018–2024 · 7 years
Joint venture between Georgia's Partnership Fund and Israel's Elbit Cyclone, producing composite aerospace parts in Tbilisi for Boeing, Airbus and Bombardier programs. Holds NADCAP Double Gold certification.
curated 2026-06-03atccomposite.comelbitsystems.com
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0 | 12,174 | 28,201 | 18,896 | 9,974 | 11,766 | 25,558 | +16.0% |
| Total COGS | 0 | -8,678 | -17,610 | -15,929 | -10,099 | -10,778 | -21,701 | +20.1% |
| Gross Profit | 0 | 3,496 | 10,591 | 2,967 | -124 | 988 | 3,856 | +2.0% |
| Gross Margin | 0.0% | 28.7% | 37.6% | 15.7% | -1.2% | 8.4% | 15.1% | |
| Total Operating Expenses | -39,919 | -8,910 | -8,348 | -6,943 | -7,076 | 13,449 | -3,778 | -32.5% |
| EBITDA | -39,919 | -5,414 | 2,243 | -3,976 | -7,200 | 14,437 | 78 | nmf |
| EBITDA Margin | 0.0% | -44.5% | 8.0% | -21.0% | -72.2% | 122.7% | 0.3% | |
| Total D&A | -4,015 | -7,928 | -7,241 | -7,677 | -6,820 | -6,916 | -6,818 | +9.2% |
| EBIT / Operating Income | -43,934 | -13,342 | -4,998 | -11,653 | -14,021 | 7,521 | -6,739 | -26.8% |
| Total Interest Income | 0 | 1 | 0 | 0 | 0 | 0 | 0 | nmf |
| Total Interest Expense | 0 | -4,143 | -6,871 | -7,037 | -7,122 | -10,622 | -10,250 | +19.9% |
| Total Other Income | -158 | -10,469 | 98 | 87 | 171 | 41 | -225 | +6.1% |
| Profit Before Tax | -44,091 | -27,953 | -11,771 | -18,603 | -20,972 | -3,060 | -17,215 | -14.5% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | -40,316 | -28,603 | -13,240 | -19,752 | -22,043 | -3,060 | -17,215 | -13.2% |
| Net Margin | 0.0% | -234.9% | -46.9% | -104.5% | -221.0% | -26.0% | -67.4% | |
| Other Comprehensive Income | 5,064,000 | 11,466 | 24,579 | -10,760 | -23,780 | -42 | -12,387 | nmf |
| Total Comprehensive Income | 5,023,684 | -17,137 | 11,339 | -30,512 | -45,823 | -3,103 | -29,602 | nmf |
Ownership & directors from companyinfo.ge (public corporate registry).