Line item	2018	2019	2020	2021	2022	2023	CAGR
Total Revenue	453	838	977	569	679	447	-0.2%
Total COGS	-30	-77	-123	-59	-118	-12	-17.3%
Gross Profit	422	762	855	510	561	436	+0.6%
Gross Margin	93.3%	90.9%	87.4%	89.6%	82.6%	97.4%
Total Operating Expenses	-123	-395	-596	-331	-683	-355	+23.6%
EBITDA	300	367	259	179	-122	81	-23.0%
EBITDA Margin	66.2%	43.8%	26.5%	31.4%	-18.0%	18.1%
Total D&A	-335	-194	-185	0	-146	-145	-15.4%
EBIT / Operating Income	-35	173	74	179	-269	-64	+12.6%
Total Other Income	0	0	72	79	0	0	+10.1%
Profit Before Tax	-35	173	146	258	-269	-64	+12.6%
Total Income Tax	0	0	0	0	0	0
Net Profit / (Loss)	-35	173	381	311	-3	87	nmf
Net Margin	-7.8%	20.6%	39.0%	54.6%	-0.4%	19.4%
Other Comprehensive Income	488	816	0	0	0	0	+67.2%
Total Comprehensive Income	453	989	381	311	-3	87	-28.1%

Ownership & group structure

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.

companyinfo.ge · fetched 2026-07-15

Shareholders

თორნიკე კაპანაძე100.0%

თორნიკე კაპანაძეPartner / Shareholder100.0%

Directors & board

თორნიკე კაპანაძეDirector

Ownership & directors from companyinfo.ge (public corporate registry).