Line item	2018	2019	2020	2021	CAGR
Total Revenue	13,945	14,093	9,261	4,387	-32.0%
Total COGS	-13,235	-13,465	-8,855	-4,278	-31.4%
Gross Profit	710	627	407	109	-46.5%
Gross Margin	5.1%	4.5%	4.4%	2.5%
Total Operating Expenses	-166	-110	-241	-112	-12.3%
EBITDA	544	518	166	-3	nmf
EBITDA Margin	3.9%	3.7%	1.8%	-0.1%
Total D&A	-6	-7	-11	0	+34.8%
EBIT / Operating Income	538	511	155	-3	nmf
Total Interest Income	14	0	53	26	+22.2%
Total Interest Expense	-95	-152	-150	-68	-10.7%
Total Other Income	-33	-80	7	245	nmf
Profit Before Tax	424	279	65	199	-22.2%
Total Income Tax	0	0	-9	0
Net Profit / (Loss)	424	279	157	-3	nmf
Net Margin	3.0%	2.0%	1.7%	-0.1%

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

Directors & board

ალექსანდრე ხიმშიაშვილიDirector

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