ID 445482727 · FY 2018–2024 · 7 years
Real estate / development company in Batumi, Georgia, associated with tower-development projects on the Black Sea coast.
curated 2026-06-03reportal.ge
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 26 | 4,644 | 1,570 | 4,100 | 5,548 | 5,138 | 14,809 | nmf |
| Total COGS | -26 | -2,615 | -950 | -2,368 | -2,274 | -1,624 | -6,098 | nmf |
| Gross Profit | 0 | 2,029 | 620 | 1,733 | 3,274 | 3,514 | 8,711 | nmf |
| Gross Margin | 1.2% | 43.7% | 39.5% | 42.3% | 59.0% | 68.4% | 58.8% | |
| Total Operating Expenses | -375 | -82 | -656 | -305 | -469 | -749 | -761 | +12.5% |
| EBITDA | -374 | 1,947 | -36 | 1,427 | 2,805 | 2,765 | 7,950 | nmf |
| EBITDA Margin | -1445.4% | 41.9% | -2.3% | 34.8% | 50.6% | 53.8% | 53.7% | |
| Total D&A | -3 | -2 | -26 | -45 | -54 | -37 | -9 | +19.7% |
| EBIT / Operating Income | -377 | 1,945 | -62 | 1,382 | 2,752 | 2,728 | 7,941 | nmf |
| Total Interest Income | 0 | 0 | 5 | 38 | 38 | 71 | 157 | +137.1% |
| Total Other Income | -5 | 24 | 272 | -3 | -926 | -94 | 95 | nmf |
| Profit Before Tax | -382 | 1,969 | 215 | 1,417 | 1,864 | 2,705 | 8,193 | nmf |
| Total Income Tax | 0 | 0 | 0 | 0 | -129 | -610 | -1,566 | +248.4% |
| Net Profit / (Loss) | -386 | 1,971 | 610 | 1,417 | 1,735 | 2,095 | 6,627 | nmf |
| Net Margin | -1490.5% | 42.4% | 38.9% | 34.6% | 31.3% | 40.8% | 44.7% |
Ownership & directors from companyinfo.ge (public corporate registry).