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Operates in Retail. Per the activity note to the FY2024 annual report, the company imports and trades clothing and footwear at wholesale and retail. Operates in Georgia's domestic market; headquartered in Batumi with offices in Tbilisi.
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 3,237 | 5,212 | 2,968 | 2,524 | 3,349 | 3,767 | 3,518 | +1.4% |
| Total COGS | 2,189 | 3,284 | 1,979 | 1,050 | 1,628 | 1,843 | 1,436 | -6.8% |
| Gross Profit | 1,048 | 1,928 | 989 | 1,474 | 1,720 | 1,923 | 2,082 | +12.1% |
| Gross Margin | 32.4% | 37.0% | 33.3% | 58.4% | 51.4% | 51.1% | 59.2% | |
| 1,202 | 1,353 | 1,259 | 1,277 | 1,739 | 2,001 | 1,910 | +8.0% | |
| EBITDA | 154 | 575 | 271 | 197 | 19 | 77 | 172 | nmf |
| EBITDA Margin | 4.8% | 11.0% | 9.1% | 7.8% | 0.6% | 2.1% | 4.9% | |
| Total D&A | 15 | 50 | 103 | 84 | 42 | 54 | 32 | +13.3% |
| EBIT / Operating Income | 169 | 525 | 374 | 113 | 61 | 131 | 140 | nmf |
| Total Other Income | 1 | 0 | 8 | 2 | 1 | 2 | 1 | -5.8% |
| Profit Before Tax | 168 | 525 | 365 | 115 | 61 | 129 | 141 | nmf |
| Total Income Tax | 297 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 466 | 525 | 271 | 115 | 61 | 129 | 141 | nmf |
| Net Margin | 14.4% | 10.1% | 9.1% | 4.5% | 1.8% | 3.4% | 4.0% |
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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