Line item	2017	2018	2019	2020	2021	2022	2023	2024	CAGR
Total Revenue	5,723	2,426	4,584	8,252	11,563	15,673	14,781	16,831	+16.7%
Total COGS	-4,117	-1,608	-4,432	-8,204	-14,182	-17,958	-13,785	-18,051	+23.5%
Gross Profit	1,606	818	152	48	-2,619	-2,285	997	-1,219	nmf
Gross Margin	28.1%	33.7%	3.3%	0.6%	-22.6%	-14.6%	6.7%	-7.2%
Total Operating Expenses	-451	-1,798	-4,153	-1,381	-7,542	-2,140	-5,352	-6,038	+44.9%
EBITDA	1,155	-980	-4,001	-1,333	-10,161	-4,425	-4,355	-7,258	nmf
EBITDA Margin	20.2%	-40.4%	-87.3%	-16.2%	-87.9%	-28.2%	-29.5%	-43.1%
Total D&A	-1,156	-1,151	-1,189	-50	-49	-43	0	0	-48.2%
EBIT / Operating Income	-1	-2,131	-5,190	-1,383	-10,210	-4,468	-4,355	-7,258	nmf
Total Interest Income	407	97	68	46	52	4	9	52	-25.4%
Total Interest Expense	-3	0	0	-4,049	-4,555	-5,690	-3,592	-4,489	nmf
Total Other Income	1	-2,748	-6,190	-6,611	3,119	10,035	-2,156	-3,366	nmf
Profit Before Tax	404	-4,782	-11,312	-11,997	-11,594	-119	-10,095	-15,060	nmf
Total Income Tax	0	0	0	0	0	0	0	0
Net Profit / (Loss)	1,295	-4,879	-11,404	-12,405	-11,646	-125	-6,511	-13,431	nmf
Net Margin	22.6%	-201.1%	-248.8%	-150.3%	-100.7%	-0.8%	-44.1%	-79.8%

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

Directors & board

ქე ლუოDirector

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