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Operates in Real Estate — Residential Development. Per the activity note to the FY2019 annual report, the company constructs and sells residential and non-residential apartments. Located in Batumi.
| Line item | 2018 | 2019 | CAGR |
|---|---|---|---|
| Total Revenue | 4,553 | 1,052 | -76.9% |
| Total COGS | 4,122 | 460 | -88.8% |
| Gross Profit | 430 | 592 | +37.6% |
| Gross Margin | 9.5% | 56.3% | |
| 67 | 15 | -78.2% | |
| EBITDA | 363 | 577 | +59.1% |
| EBITDA Margin | 8.0% | 54.9% | |
| Total D&A | 0 | 0 | -79.0% |
| EBIT / Operating Income | 363 | 577 | +59.2% |
| Total Interest Income | 0 | 14 | |
| Total Other Income | 22 | 25 | nmf |
| Profit Before Tax | 385 | 566 | +47.0% |
| Total Income Tax | 84 | 64 | -23.3% |
| Net Profit / (Loss) | 277 | 502 | +81.3% |
| Net Margin | 6.1% | 47.7% |
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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