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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Operates in Construction — Residential & Commercial Building. Per the activity note to the FY2022 annual report, the company assembles and installs prefab residential structures and provides engineering and construction services. Iranian parent company; registered in Georgia since 2013.
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | CAGR |
|---|---|---|---|---|---|---|
| Total Revenue | 4,113 | 2,868 | 1 | 6,225 | 0 | +14.8% |
| Total COGS | 2,795 | 2,963 | 0 | 3,743 | 0 | +10.2% |
| Gross Profit | 1,318 | 95 | 1 | 2,482 | 0 | +23.5% |
| Gross Margin | 32.0% | 3.3% | 100.0% | 39.9% | 0.0% | |
| 542 | 548 | 74 | 467 | 317 | -12.5% | |
| EBITDA | 776 | 643 | 73 | 2,015 | 317 | nmf |
| EBITDA Margin | 18.9% | 22.4% | 5259.3% | 32.4% | 0.0% | |
| Total D&A | 9 | 2 | 2 | 4 | 46 | +50.0% |
| EBIT / Operating Income | 767 | 646 | 75 | 2,011 | 363 | nmf |
| 117 | 199 | 8 | 31 | 4 | -56.5% | |
| Profit Before Tax | 650 | 844 | 83 | 1,980 | 367 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 650 | 844 | 83 | 1,976 | 367 | nmf |
| Net Margin | 15.8% | 29.4% | 6019.7% | 31.7% | 0.0% |
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.
Ownership & directors from companyinfo.ge (public corporate registry).
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