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Operates in Real Estate — Mixed-Use Development. Per the activity note to the FY2019 annual report, the company constructs and sells residential and non-residential buildings to private and legal persons.
| Line item | 2018 | 2019 | CAGR |
|---|---|---|---|
| 956 | 458 | -52.1% | |
| Total COGS | 502 | 245 | -51.1% |
| Gross Profit | 454 | 213 | -53.1% |
| Gross Margin | 47.5% | 46.5% | |
| 308 | 238 | -22.9% | |
| EBITDA | 146 | 25 | nmf |
| EBITDA Margin | 15.3% | 5.3% | |
| Total D&A | 5 | 0 | -90.1% |
| EBIT / Operating Income | 141 | 25 | nmf |
| Total Interest Expense | 67 | 7 | -90.1% |
| 15 | 0 | -98.7% | |
| Profit Before Tax | 89 | 31 | nmf |
| Total Income Tax | 0 | 0 | |
| Net Profit / (Loss) | 161 | 31 | nmf |
| Net Margin | 16.9% | 6.9% |
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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