| GEL thousands | 2022¹ | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| P&L Items | ||||
| Revenue | Register | Register | 23,538 | Register |
| Adj. Operating Profit² | Register | Register | (11,153) | Register |
| Adj. EBITDA² | Register | Register | (10,213) | Register |
| Net Income | Register | Register | (10,929) | Register |
| Margins & Profitability Ratios (%) | ||||
| Adj. Operating Profit Margin² | Register | Register | -47.4% | Register |
| Adj. EBITDA Margin² | Register | Register | -43.4% | Register |
| Net Income Margin | Register | Register | -46.4% | Register |
| Balance Sheet Items & Leverage | ||||
| Total Assets | Register | Register | 11,994 | Register |
| Total Debt³ / Adj. EBITDA² | Register | Register | NMF | Register |
| Total Equity | Register | Register | 10,846 | Register |
¹ FY22 results are not directly comparable to FY23, as the legal entity was incorporated on March 16, 2022 — FY22 reflects only a 9.5-month stub period versus a full 12 months in FY23.
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.