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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Operates in Construction — Specialty Trades & Maintenance. Per the activity note to the FY2024 annual report, the company performs facade work on residential and non-residential buildings and realises facade materials.
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| 1,260 | 3,606 | 4,923 | 6,200 | 5,273 | 2,616 | 256 | -23.3% | |
| Total COGS | 625 | 3,330 | 3,955 | 3,065 | 2,920 | 2,001 | 0 | +26.2% |
| Gross Profit | 634 | 276 | 969 | 3,135 | 2,352 | 614 | 256 | -14.0% |
| Gross Margin | 50.4% | 7.7% | 19.7% | 50.6% | 44.6% | 23.5% | 100.0% | |
| 528 | 410 | 421 | 1,976 | 1,996 | 903 | 500 | -0.9% | |
| EBITDA | 106 | 134 | 547 | 1,159 | 357 | 289 | 244 | nmf |
| EBITDA Margin | 8.4% | 3.7% | 11.1% | 18.7% | 6.8% | 11.0% | 95.4% | |
| Total D&A | 0 | 60 | 118 | 109 | 111 | 154 | 121 | +15.2% |
| EBIT / Operating Income | 106 | 194 | 430 | 1,050 | 246 | 443 | 365 | nmf |
| Total Interest Income | 0 | 1 | 0 | 0 | 0 | 0 | 36 | +135.0% |
| Total Interest Expense | 0 | 0 | 0 | 0 | 23 | 2 | 26 | +5.5% |
| 39 | 15 | 37 | 31 | 74 | 4 | 11 | nmf | |
| Profit Before Tax | 67 | 209 | 466 | 1,018 | 297 | 441 | 344 | nmf |
| Total Income Tax | 0 | 12 | 11 | 0 | 0 | 0 | 0 | +40.1% |
| Net Profit / (Loss) | 4 | 220 | 454 | 1,087 | 297 | 441 | 344 | +106.9% |
| Net Margin | 0.3% | 6.1% | 9.2% | 17.5% | 5.6% | 16.9% | 134.4% |
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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