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Operates in Construction — Residential & Commercial Building. Per the activity note to the FY2024 annual report, the company constructs residential and non-residential buildings and other technical structures. Director Levan Jmukhadze; operates per charter and Georgian legislation.
Subsidiary of Novo Development (100.0%)
| Line item | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|
| Total Revenue | 4,309 | 5,930 | 689 | -60.0% |
| Total COGS | 4,252 | 4,340 | 1,023 | -50.9% |
| Gross Profit | 57 | 1,591 | 335 | nmf |
| Gross Margin | 1.3% | 26.8% | 48.6% | |
| 701 | 804 | 430 | -21.7% | |
| EBITDA | 644 | 787 | 764 | +8.9% |
| EBITDA Margin | 14.9% | 13.3% | 111.0% | |
| Total D&A | 25 | 42 | 40 | +26.4% |
| EBIT / Operating Income | 669 | 745 | 804 | +9.6% |
| 1 | 2 | 3 | +70.8% | |
| Profit Before Tax | 668 | 747 | 802 | +9.5% |
| Total Income Tax | 1 | 0 | 0 | -88.7% |
| Net Profit / (Loss) | 669 | 747 | 802 | +9.5% |
| Net Margin | 15.5% | 12.6% | 116.4% |
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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