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| GEL thousands | 2023¹ | 2024 | 2025 |
|---|---|---|---|
| P&L Items | |||
| Revenue | Register | 1,036 | Register |
| Adj. Operating Profit² | Register | (531) | Register |
| Adj. EBITDA² | Register | (125) | Register |
| Net Income | Register | (532) | Register |
| Margins & Profitability Ratios (%) | |||
| Gross Profit Margin | Register | 14.2% | Register |
| Adj. Operating Profit Margin² | Register | -51.2% | Register |
| Adj. EBITDA Margin² | Register | -12.1% | Register |
| Net Income Margin | Register | -51.3% | Register |
| Balance Sheet Items & Leverage | |||
| Total Assets | Register | 3,094 | Register |
| Total Debt³ | Register | 26 | Register |
| Total Equity | Register | 2,753 | Register |
¹ In 2023 shareholders contributed GEL 3.67m of capital, of which only GEL 0.15m was cash; the remaining GEL 3.52m was an in-kind contribution of property and equipment.
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.