ID 404499431 · FY 2017–2023 · 7 years
Subsidiary of შპს თრასთ ჰოლდინგი (100.0%)
m2 Group is the parent holding of m2 Real Estate, one of Georgia's largest residential real estate developers (part of Georgia Capital).
curated 2026-06-03reportal.gem2.ge
| 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% | |
| Total Operating Expenses | -2,910 | -2,759 | -5,802 | -24,056 | -6,381 | -15,894 | -17,765 | +35.2% |
| EBITDA | 3,219 | 4,935 | -1,508 | -12,485 | -157 | 12,252 | 29 | nmf |
| EBITDA Margin | 4.9% | 8.3% | -4.6% | -17.1% | -0.2% | 6.7% | 0.0% | |
| Total D&A | 0 | 0 | -141 | -292 | -266 | -955 | -658 | +47.0% |
| 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 | -9,453 | -4,214 | -11,030 | -13,523 | +59.8% |
| Total Other Income | 5,494 | 2,221 | -2,770 | 1,837 | 9,582 | -1,511 | -475 | nmf |
| Profit Before Tax | 13,145 | 11,327 | -3,511 | -11,886 | 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 |
Ownership & directors from companyinfo.ge (public corporate registry).