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| Currency: GEL | 2023¹ | 2024 | 2025 |
|---|---|---|---|
| P&L Items | |||
| Revenue | 4.3M | Register | Register |
| Adj. Operating Profit² | 211.5K | Register | Register |
| Adj. EBITDA² | 1.0M | Register | Register |
| Net Income | -2.0M | Register | Register |
| Margins & Profitability Ratios (%) | |||
| Adj. Operating Profit Margin² | 4.9% | Register | Register |
| Adj. EBITDA Margin² | 24.2% | Register | Register |
| Net Income Margin | -45.6% | Register | Register |
| Balance Sheet Items & Leverage | |||
| Total Assets | 75.3M | Register | Register |
| Total Debt³ | 47.1M | Register | Register |
| Total Debt³ / Adj. EBITDA² | 44.93x | Register | Register |
| Total Equity | 4.6M | Register | Register |
¹ Batumi Grand Mall opened on 1 October 2023; 2023 figures reflect ~3 months of operations.
² Adj. Operating Profit has been adjusted to exclude non-recurring and one-time items. Adj. EBITDA is calculated by adding back D&A expenses to the adjusted operating profit.
³ Total debt includes lease liabilities, where applicable.