Line item	2018	2019	2020	2021	CAGR
Total Revenue	8,760	9,677	10,325	1,723	-41.8%
Total COGS	0	0	0	0
Gross Profit	8,760	9,677	10,325	1,723	-41.8%
Gross Margin	100.0%	100.0%	100.0%	100.0%
Total Operating Expenses	-6,401	-8,377	-9,924	-1,262	-41.8%
EBITDA	2,360	1,300	400	462	-41.9%
EBITDA Margin	26.9%	13.4%	3.9%	26.8%
Total D&A	0	0	0	-547
EBIT / Operating Income	2,360	1,300	400	-85	nmf
Profit Before Tax	2,360	1,300	400	-85	nmf
Total Income Tax	0	0	0	0
Net Profit / (Loss)	2,360	1,300	400	-85	nmf
Net Margin	26.9%	13.4%	3.9%	-4.9%

Ownership & group structure

Shareholders, directors and group links from the companyinfo.ge public register — as filed, so stakes need not sum to 100% where a holding is undisclosed.

companyinfo.ge · fetched 2026-07-15

Shareholders

შალვა აზარაშვილი100.0%

შალვა აზარაშვილიPartner / Shareholder100.0%

Directors & board

შალვა აზარაშვილიDirector

Ownership & directors from companyinfo.ge (public corporate registry).