ID 404983238 · FY 2017–2024 · 8 years
Subsidiary of შეზღუდული პასუხისმგებლობის საზოგადოება აიტი ვენჩარი (71.0%)
Betlive LLC is a licensed Georgian online sportsbook and casino (launched 2017), one of the top three Georgian operators (~680k monthly visits). Offers sports betting, live casino and slots in GEL with content partnerships including BGaming and Beter.
curated 2026-06-03gambl.comigamingbusiness.com
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 7,270 | 58,970 | 81,490 | 88,980 | 112,147 | 135,963 | 174,148 | 225,837 | +63.4% |
| Total COGS | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Gross Profit | 7,270 | 58,970 | 81,490 | 88,980 | 112,147 | 135,963 | 174,148 | 225,837 | +63.4% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| Total Operating Expenses | -11,161 | -36,608 | -66,775 | -68,035 | -79,972 | -87,734 | -116,659 | -158,882 | +46.1% |
| EBITDA | -3,891 | 22,362 | 14,714 | 20,946 | 32,175 | 48,229 | 57,489 | 66,955 | nmf |
| EBITDA Margin | -53.5% | 37.9% | 18.1% | 23.5% | 28.7% | 35.5% | 33.0% | 29.6% | |
| Total D&A | -170 | -250 | -814 | -867 | -910 | -998 | -1,129 | -1,185 | +32.0% |
| EBIT / Operating Income | -4,060 | 22,112 | 13,900 | 20,079 | 31,265 | 47,231 | 56,360 | 65,770 | nmf |
| Total Interest Income | 10 | 0 | 0 | 229 | 543 | 782 | 669 | 1,079 | nmf |
| Total Interest Expense | -802 | -1,614 | -704 | -461 | -149 | -472 | -344 | -324 | -12.2% |
| Total Other Income | 0 | -25 | 316 | 48 | -487 | 4 | 301 | 78 | nmf |
| Profit Before Tax | -4,852 | 20,472 | 13,513 | 19,894 | 31,172 | 47,545 | 56,986 | 66,604 | nmf |
| Total Income Tax | 0 | 0 | -490 | -2,480 | -2,396 | -20 | -1,003 | -669 | +6.4% |
| Net Profit / (Loss) | -11,387 | 10,733 | 13,023 | 17,414 | 28,776 | 47,525 | 55,983 | 65,935 | nmf |
| Net Margin | -156.6% | 18.2% | 16.0% | 19.6% | 25.7% | 35.0% | 32.1% | 29.2% |
Ownership & directors from companyinfo.ge (public corporate registry).