ID 406144587 · FY 2017–2024 · 8 years
Georgian iGaming software developer producing online slot games and casino content for international operators.
curated 2026-06-03smartsoftgaming.comreportal.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,795 | 3,327 | 3,714 | 6,083 | 16,346 | 15,812 | 46,581 | 76,592 | +60.5% |
| Total COGS | 0 | 0 | 0 | -94 | -539 | 0 | 0 | 0 | +473.8% |
| Gross Profit | 2,795 | 3,327 | 3,714 | 5,989 | 15,807 | 15,812 | 46,581 | 76,592 | +60.5% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 98.5% | 96.7% | 100.0% | 100.0% | 100.0% | |
| Total Operating Expenses | -2,526 | -2,282 | -2,168 | -2,340 | -5,241 | -8,922 | -25,076 | -43,371 | +50.1% |
| EBITDA | 269 | 1,045 | 1,545 | 3,649 | 10,565 | 6,890 | 21,505 | 33,221 | nmf |
| EBITDA Margin | 9.6% | 31.4% | 41.6% | 60.0% | 64.6% | 43.6% | 46.2% | 43.4% | |
| Total D&A | -8 | -16 | -26 | -33 | -62 | -339 | -899 | -1,139 | nmf |
| EBIT / Operating Income | 262 | 1,029 | 1,519 | 3,616 | 10,504 | 6,551 | 20,606 | 32,082 | nmf |
| Total Other Income | 0 | 2 | -3 | 150 | -250 | -569 | 149 | -200 | nmf |
| Profit Before Tax | 262 | 1,031 | 1,515 | 3,766 | 10,254 | 5,983 | 20,755 | 31,882 | nmf |
| Total Income Tax | 0 | -125 | -178 | -365 | -1,427 | -4 | 0 | 0 | -58.3% |
| Net Profit / (Loss) | 269 | 922 | 1,363 | 3,392 | 8,854 | 5,825 | 20,755 | 31,882 | nmf |
| Net Margin | 9.6% | 27.7% | 36.7% | 55.8% | 54.2% | 36.8% | 44.6% | 41.6% |
Ownership & directors from companyinfo.ge (public corporate registry).