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Operates in Conglomerate — Investment Management. Per the activity note to the FY2024 annual report, the group manages and oversees subsidiary company operations. Holding company founded in 2017; group established in 2023.
Subsidiary of Masa Holding (100.0%)
| Line item | 2023 | 2024 | CAGR |
|---|---|---|---|
| Total Revenue | 2,139 | 3,503 | +63.8% |
| Total COGS | 203 | 675 | +232.9% |
| Gross Profit | 1,936 | 2,828 | +46.1% |
| Gross Margin | 90.5% | 80.7% | |
| 1,052 | 2,020 | +92.0% | |
| EBITDA | 884 | 808 | -8.6% |
| EBITDA Margin | 41.3% | 23.1% | |
| Total D&A | 100 | 196 | +94.7% |
| EBIT / Operating Income | 784 | 613 | -21.8% |
| Total Interest Expense | 124 | 431 | +248.4% |
| 177 | 118 | -33.1% | |
| Profit Before Tax | 483 | 63 | -86.9% |
| Total Income Tax | 0 | 0 | |
| Net Profit / (Loss) | 483 | 63 | -86.9% |
| Net Margin | 22.6% | 1.8% |
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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