Line item	2017	2018	2019	2020	2021	2022	2023	2024	CAGR
Total Revenue	2,356	2,324	2,380	2,077	2,698	4,547	4,171	3,732	+6.8%
Total COGS	-1,637	-1,649	-1,689	-1,539	-2,084	-2,898	-2,984	-2,684	+7.3%
Gross Profit	719	675	691	538	615	1,648	1,188	1,048	+5.5%
Gross Margin	30.5%	29.1%	29.0%	25.9%	22.8%	36.3%	28.5%	28.1%
Total Operating Expenses	-236	-227	-264	-228	-262	-336	-358	-379	+7.0%
EBITDA	483	448	427	310	353	1,312	829	669	+4.8%
EBITDA Margin	20.5%	19.3%	17.9%	14.9%	13.1%	28.9%	19.9%	17.9%
Total D&A	-2	-4	-6	-8	-7	-7	-15	-15	+34.4%
EBIT / Operating Income	481	444	421	302	346	1,305	815	654	+4.5%
Total Interest Expense	0	-12	-35	-4	-2	-16	-34	-65	+32.1%
Total Other Income	0	-100	-67	-88	-6	29	19	-4	-42.8%
Profit Before Tax	481	332	319	209	338	1,317	800	586	+2.8%
Total Income Tax	0	-13	0	0	0	0	0	0
Net Profit / (Loss)	490	318	319	209	338	1,317	800	586	+2.6%
Net Margin	20.8%	13.7%	13.4%	10.1%	12.5%	29.0%	19.2%	15.7%

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

ედნარ საკანდელიძე100.0%

ედნარ საკანდელიძეPartner / Shareholder100.0%

Directors & board

ედნარ საკანდელიძეDirector

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