m2 Group (შპს მ2 ჯგუფი)

panel 2026-09-21Ask

m2 Group (შპს მ2 ჯგუფი) — Georgia Financials

as filed · GEL, thousands

Line item	2017	2018	2019	2020	2021	2022	2023	CAGR
Total Revenue	65,744	59,617	33,095	72,894	90,202	183,081	236,790	+23.8%
Total COGS	59,615	51,923	28,801	61,323	83,978	154,935	218,996	+24.2%
Gross Profit	6,129	7,694	4,294	11,571	6,224	28,146	17,794	+19.4%
Gross Margin	9.3%	12.9%	13.0%	15.9%	6.9%	15.4%	7.5%
Other Operating Income	0	0	0	0	0	373	146	-60.9%
	2,910	2,759	5,802	24,056	6,381	16,267	15,020	+31.5%
EBITDA	3,219	4,935	1,508	12,485	157	12,252	2,920	-1.6%
EBITDA Margin	4.9%	8.3%	4.6%	17.1%	0.2%	6.7%	1.2%
Total D&A	0	0	141	292	266	955	658	+47.0%
Impairment (non-financial)	0	0	0	0	0	0	2,891
EBIT / Operating Income	3,219	4,935	1,649	12,777	423	11,297	629	nmf
Total Interest Income	5,243	6,566	5,816	8,507	4,003	1,745	2,600	-11.0%
Total Interest Expense	811	2,395	4,908	8,251	4,214	11,030	13,523	+59.8%
	5,494	2,221	2,770	1,837	9,582	1,511	475	nmf
Profit Before Tax	13,145	11,327	3,511	10,684	8,948	501	12,027	nmf
Total Income Tax	1,554	0	0	0	0	0	0
Net Profit / (Loss)	11,739	11,239	4,054	11,954	1,617	501	12,027	nmf
Net Margin	17.9%	18.9%	12.2%	16.4%	1.8%	0.3%	5.1%
Other Comprehensive Income	0	0	0	5,849	291	0	0	-95.0%
Total Comprehensive Income	11,739	11,239	4,054	6,105	1,908	501	12,027	nmf

m2 Group