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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Operates in Industrial Goods — Production - Metal Products. Per the activity note to the FY2024 annual report, the company designs, installs and maintains electromechanical systems, provides technical consultation and compliance verification. Founded March 2017 in Tbilisi; three equal owners (Lasha Abramashvili, Mamuka Metreveli, Giorgi Magradze).
| Line item | 2023 | 2024 | CAGR |
|---|---|---|---|
| Total Revenue | 2,687 | 3,057 | +13.8% |
| Total COGS | 1,664 | 1,576 | -5.3% |
| Gross Profit | 1,023 | 1,482 | +44.8% |
| Gross Margin | 38.1% | 48.5% | |
| 307 | 1,077 | +251.4% | |
| EBITDA | 717 | 405 | -43.6% |
| EBITDA Margin | 26.7% | 13.2% | |
| Total D&A | 25 | 33 | +30.9% |
| EBIT / Operating Income | 691 | 371 | -46.3% |
| Total Interest Income | 9 | 6 | -33.1% |
| Total Other Income | 0 | 32 | |
| Profit Before Tax | 700 | 345 | -50.7% |
| Total Income Tax | 9 | 7 | -25.0% |
| Net Profit / (Loss) | 691 | 339 | -51.0% |
| Net Margin | 25.7% | 11.1% |
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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