ID 445468798 · FY 2017–2020 · 4 years
Group parent — controls 2 companies
Batumi arm of Orbi Group, a leading Georgian developer of apart-hotel and resort complexes on the Black Sea coast.
curated 2026-06-03reportal.georbigroup.com
| Line item | 2017 | 2018 | 2019 | 2020 | CAGR |
|---|---|---|---|---|---|
| Total Revenue | 154 | 751 | 192,973 | 239,618 | nmf |
| Total COGS | -54 | -408 | -103,888 | -111,502 | nmf |
| Gross Profit | 100 | 343 | 89,085 | 128,116 | nmf |
| Gross Margin | 64.9% | 45.7% | 46.2% | 53.5% | |
| Total Operating Expenses | -5,227 | -12,300 | -31,638 | -23,196 | +64.3% |
| EBITDA | -5,127 | -11,957 | 57,447 | 104,920 | nmf |
| EBITDA Margin | -3329.2% | -1592.1% | 29.8% | 43.8% | |
| Total D&A | -901 | -2,686 | -1,479 | -2,148 | +33.6% |
| EBIT / Operating Income | -6,028 | -14,643 | 55,968 | 102,772 | nmf |
| Total Interest Income | 3,772 | 8,901 | 10,788 | 13,329 | +52.3% |
| Total Interest Expense | -1 | 0 | -44 | -953 | nmf |
| Total Other Income | -135 | -728 | 53,649 | 27,217 | nmf |
| Profit Before Tax | -2,392 | -6,470 | 120,361 | 142,365 | nmf |
| Total Income Tax | 0 | 0 | -1,680 | -8,791 | +423.3% |
| Net Profit / (Loss) | -4,367 | -1,151 | 118,321 | 133,574 | nmf |
| Net Margin | -2835.7% | -153.3% | 61.3% | 55.7% | |
| Other Comprehensive Income | 0 | 0 | 0 | 2,170 | |
| Total Comprehensive Income | -4,367 | -1,151 | 118,321 | 135,744 | nmf |
Ownership & directors from companyinfo.ge (public corporate registry).