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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Operates in Restaurants & QSR — Quick-Service & Delivery. Per the activity note to the FY2023 annual report, the company operates restaurants and food delivery services. Founded 2019 in Tbilisi; co-owned by Turkish investors.
| Line item | 2022 | 2023 | CAGR |
|---|---|---|---|
| Total Revenue | 1,797 | 2,466 | +37.2% |
| Total COGS | 445 | 1,464 | +228.6% |
| Gross Profit | 1,352 | 1,003 | -25.8% |
| Gross Margin | 75.2% | 40.6% | |
| 2,218 | 1,947 | -12.2% | |
| EBITDA | 866 | 944 | +9.0% |
| EBITDA Margin | 48.2% | 38.3% | |
| Total D&A | 38 | 46 | +21.8% |
| EBIT / Operating Income | 904 | 991 | +9.6% |
| Total Interest Income | 17 | 0 | |
| Total Interest Expense | 25 | 0 | |
| 0 | 14 | ||
| Profit Before Tax | 912 | 976 | +7.1% |
| Total Income Tax | 0 | 0 | |
| Net Profit / (Loss) | 912 | 956 | +4.9% |
| Net Margin | 50.7% | 38.8% |
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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