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Per the activity note to the FY2024 annual report, the group leases and sells bio-toilets. Founded in 2021; owns 100% stakes in subsidiaries Lime, Hasi Georgia and Eco-Rent.
| Line item | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|
| Total Revenue | 1,542 | 2,772 | 3,410 | +48.7% |
| Total COGS | 402 | 819 | 715 | +33.4% |
| Gross Profit | 1,140 | 1,954 | 2,695 | +53.8% |
| Gross Margin | 73.9% | 70.5% | 79.0% | |
| 735 | 732 | 1,076 | +21.0% | |
| EBITDA | 404 | 1,222 | 1,618 | +100.0% |
| EBITDA Margin | 26.2% | 44.1% | 47.5% | |
| Total D&A | 197 | 206 | 98 | -29.3% |
| EBIT / Operating Income | 207 | 1,016 | 1,520 | +170.7% |
| Total Interest Expense | 25 | 89 | 147 | +141.2% |
| 7 | 10 | 943 | nmf | |
| Profit Before Tax | 189 | 937 | 2,315 | +249.9% |
| Total Income Tax | 0 | 0 | 80 | nmf |
| Net Profit / (Loss) | 189 | 937 | 2,470 | +261.4% |
| Net Margin | 12.3% | 33.8% | 72.4% |
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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