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Operates in Industrial Goods — Textiles & Fibers. Per the activity note to the FY2023 annual report, the company manufactures apparel according to designer Alexander Akhalkatshvili sketches using imported materials and sells internationally. Founded 17 July 2019.
| Line item | 2022 | 2023 | CAGR |
|---|---|---|---|
| Total Revenue | 1,390 | 935 | -32.7% |
| Total COGS | 176 | 132 | -24.7% |
| Gross Profit | 1,214 | 802 | -33.9% |
| Gross Margin | 87.3% | 85.8% | |
| 1,080 | 864 | -20.1% | |
| EBITDA | 134 | 61 | nmf |
| EBITDA Margin | 9.6% | 6.6% | |
| Total D&A | 2 | 3 | +46.2% |
| EBIT / Operating Income | 132 | 64 | nmf |
| Total Interest Expense | 5 | 3 | -48.4% |
| Total Other Income | 13 | 20 | +53.7% |
| Profit Before Tax | 139 | 47 | nmf |
| Total Income Tax | 0 | 160 | |
| Net Profit / (Loss) | 139 | 207 | nmf |
| Net Margin | 10.0% | 22.1% |
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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