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Operates in Real Estate — Residential Development. Per the activity note to the FY2024 annual report, the company constructs residential buildings for sale. Active since July 2021; renamed to Residence Palace.
| Line item | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|
| Total Revenue | 9,139 | 18,044 | 640 | -73.5% |
| Total COGS | 5,569 | 9,231 | 7,554 | +16.5% |
| Gross Profit | 3,570 | 8,813 | 6,914 | nmf |
| Gross Margin | 39.1% | 48.8% | 1080.9% | |
| 595 | 591 | 461 | -12.0% | |
| EBITDA | 2,975 | 8,222 | 7,375 | nmf |
| EBITDA Margin | 32.6% | 45.6% | 1153.0% | |
| Total D&A | 68 | 176 | 100 | +21.2% |
| EBIT / Operating Income | 2,907 | 8,046 | 7,474 | nmf |
| Total Interest Income | 14 | 25 | 23 | +28.9% |
| Total Interest Expense | 0 | 0 | 3 | |
| Total Other Income | 217 | 90 | 42 | nmf |
| Profit Before Tax | 3,138 | 8,161 | 7,496 | nmf |
| Total Income Tax | 0 | 0 | 0 | |
| Net Profit / (Loss) | 3,138 | 8,161 | 7,496 | nmf |
| Net Margin | 34.3% | 45.2% | 1172.0% |
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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