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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Operates in Restaurants & QSR — Full-Service Restaurants. Per the activity note to the FY2024 annual report, the company carries out restaurant operations with multiple branches in different city districts. Registered May 2019 in Tbilissi; 100% owned; operates branches in Saburtalo, Avlabari, and Rustaveli Avenue.
| Line item | 2023 | 2024 | CAGR |
|---|---|---|---|
| Total Revenue | 2,439 | 3,002 | +23.1% |
| Total COGS | 1,355 | 1,543 | +13.9% |
| Gross Profit | 1,084 | 1,459 | +34.5% |
| Gross Margin | 44.5% | 48.6% | |
| 697 | 870 | +24.9% | |
| EBITDA | 387 | 589 | +52.0% |
| EBITDA Margin | 15.9% | 19.6% | |
| Total D&A | 31 | 67 | +113.3% |
| EBIT / Operating Income | 356 | 522 | +46.6% |
| Total Interest Expense | 0 | 43 | |
| Profit Before Tax | 356 | 479 | +34.6% |
| Total Income Tax | 0 | 8 | |
| Net Profit / (Loss) | 356 | 471 | +32.3% |
| Net Margin | 14.6% | 15.7% |
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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