ID 405121381 · FY 2017–2024 · 8 years
Real-estate arm of the Balavari group developing residential and commercial properties in Georgia.
curated 2026-06-03reportal.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0 | 8,509 | 15,558 | 10,973 | 6,940 | 4,190 | 275 | 18,433 | +13.8% |
| Total COGS | -2,730 | -3,975 | -1,606 | -39 | -2,864 | -3,530 | -515 | -14,429 | +26.9% |
| Gross Profit | -2,730 | 4,535 | 13,952 | 10,934 | 4,076 | 660 | -240 | 4,005 | nmf |
| Gross Margin | 0.0% | 53.3% | 89.7% | 99.6% | 58.7% | 15.8% | -87.3% | 21.7% | |
| Total Operating Expenses | 0 | -454 | -711 | -1,153 | -490 | -725 | -1,244 | -820 | +10.3% |
| EBITDA | -2,730 | 4,080 | 13,242 | 9,781 | 3,586 | -65 | -1,483 | 3,185 | nmf |
| EBITDA Margin | 0.0% | 48.0% | 85.1% | 89.1% | 51.7% | -1.5% | -539.9% | 17.3% | |
| Total D&A | 0 | 0 | 0 | 0 | -51 | -30 | -11 | -8 | -44.9% |
| EBIT / Operating Income | -2,730 | 4,080 | 13,242 | 9,781 | 3,535 | -95 | -1,494 | 3,176 | nmf |
| Total Interest Expense | 0 | 0 | 0 | 0 | 0 | -88 | -454 | -1,292 | +282.2% |
| Total Other Income | 0 | -70 | -232 | -246 | 55 | 77 | -28 | -517 | +39.5% |
| Profit Before Tax | -2,730 | 4,010 | 13,010 | 9,535 | 3,590 | -107 | -1,976 | 1,368 | nmf |
| Total Income Tax | 0 | -40 | 0 | -274 | -163 | -137 | -22 | -209 | +32.0% |
| Net Profit / (Loss) | 2,730 | 3,614 | 12,592 | 9,261 | 3,420 | -265 | -1,999 | 1,150 | -11.6% |
| Net Margin | 0.0% | 42.5% | 80.9% | 84.4% | 49.3% | -6.3% | -727.4% | 6.2% |
Ownership & directors from companyinfo.ge (public corporate registry).