Tbilisi Development Group (შპს თბილისი დეველოპმენტ გრუპ)

panel 2026-09-21Ask

as filed · GEL, thousands

Line item	2019	2020	2021	2022	2023	2024	CAGR
Total Revenue	2,485	2,043	2,925	2,353	7,587	8,456	+27.7%
Total COGS	1,728	1,882	2,868	2,647	4,936	5,906	+27.9%
Gross Profit	758	162	57	295	2,650	2,549	+27.5%
Gross Margin	30.5%	7.9%	2.0%	12.5%	34.9%	30.1%
	370	351	451	258	652	991	+21.8%
EBITDA	388	189	394	553	1,999	1,558	+32.1%
EBITDA Margin	15.6%	9.3%	13.5%	23.5%	26.3%	18.4%
Total D&A	22	22	24	29	30	33	+8.7%
EBIT / Operating Income	366	211	418	582	1,969	1,525	+33.1%
Total Interest Income	0	0	1	0	5	0	+135.3%
Total Interest Expense	51	45	92	178	258	127	+19.8%
	1	0	3	0	3	0	+30.5%
Profit Before Tax	313	256	506	760	1,714	1,398	+34.9%
Total Income Tax	0	0	0	0	0	0
Net Profit / (Loss)	313	256	506	760	1,714	1,398	+34.9%
Net Margin	12.6%	12.5%	17.3%	32.3%	22.6%	16.5%

Tbilisi Development Group