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Operates in Mining & Metals — Services. Per the activity note to the FY2021 annual report, the group provides services related to manganese ore mining and processing. Founded on 22 April 2015; based in Chiatura.
| Line item | 2020 | 2021 | CAGR |
|---|---|---|---|
| Total Revenue | 2,144 | 2,382 | +11.1% |
| Total COGS | 515 | 1,377 | +167.1% |
| Gross Profit | 1,629 | 1,005 | -38.3% |
| Gross Margin | 76.0% | 42.2% | |
| Total Operating Expenses | 102 | 118 | +15.0% |
| EBITDA | 1,526 | 887 | -41.9% |
| EBITDA Margin | 71.2% | 37.2% | |
| Total D&A | 0 | 0 | |
| EBIT / Operating Income | 1,526 | 887 | -41.9% |
| Total Interest Expense | 103 | 104 | +0.8% |
| 43 | 69 | nmf | |
| Profit Before Tax | 1,466 | 714 | -51.3% |
| Total Income Tax | 65 | 134 | +105.7% |
| Net Profit / (Loss) | 1,457 | 580 | -60.2% |
| Net Margin | 67.9% | 24.4% |
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Ownership & directors from companyinfo.ge (public corporate registry).
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