Line item	2018	2019	2020	2021	2022	2023	2024	CAGR
Total Revenue	6,077	6,320	6,663	7,056	9,737	11,482	12,599	+12.9%
Total COGS	-5,114	-5,292	-5,334	-5,446	-7,614	-8,943	-9,735	+11.3%
Gross Profit	962	1,028	1,329	1,610	2,124	2,539	2,864	+19.9%
Gross Margin	15.8%	16.3%	19.9%	22.8%	21.8%	22.1%	22.7%
Total Operating Expenses	-762	-908	-874	-1,089	-1,585	-1,983	-2,228	+19.6%
EBITDA	200	120	455	521	539	556	636	+21.2%
EBITDA Margin	3.3%	1.9%	6.8%	7.4%	5.5%	4.8%	5.0%
Total D&A	0	0	-11	-9	-11	-13	-14	+4.6%
EBIT / Operating Income	200	120	444	512	528	543	622	+20.8%
Total Interest Income	0	0	0	0	0	11	0
Total Other Income	0	0	-13	0	0	0	0
Profit Before Tax	200	120	431	512	528	554	622	+20.8%
Total Income Tax	0	0	-56	-28	0	0	0	-50.1%
Net Profit / (Loss)	200	120	375	484	528	554	622	+20.8%
Net Margin	3.3%	1.9%	5.6%	6.9%	5.4%	4.8%	4.9%

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

მალხაზ ბაკურიძე100.0%

მალხაზ ბაკურიძეPartner / Shareholder100.0%

Directors & board

მალხაზ ბაკურიძეDirector

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