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Operates in Industrial Goods — Retail - Home Improvement. Per the activity note to the FY2022 annual report, the company imports, processes and sells natural decorative stone materials. Founded in 2014; 50% owned by David Machavariani and Levani Dadiani.
| Line item | 2020 | 2021 | 2022 | CAGR |
|---|---|---|---|---|
| Total Revenue | 1,638 | 639 | 904 | -25.7% |
| Total COGS | 341 | 169 | 171 | -29.2% |
| Gross Profit | 1,297 | 471 | 733 | -24.8% |
| Gross Margin | 79.2% | 73.6% | 81.1% | |
| 1,374 | 587 | 852 | -21.3% | |
| EBITDA | 77 | 116 | 119 | +23.9% |
| EBITDA Margin | 4.7% | 18.1% | 13.1% | |
| Total D&A | 142 | 56 | 59 | -35.4% |
| EBIT / Operating Income | 219 | 172 | 178 | -9.9% |
| Total Interest Expense | 168 | 0 | 0 | |
| Total Other Income | 284 | 4 | 0 | nmf |
| Profit Before Tax | 103 | 176 | 178 | +31.5% |
| Total Income Tax | 0 | 0 | 0 | |
| Net Profit / (Loss) | 103 | 176 | 178 | +31.5% |
| Net Margin | 6.3% | 27.5% | 19.7% |
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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