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| GEL thousands | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| P&L Items | ||||
| Revenue | Register | 23,012 | Register | Register |
| Adj. Operating Profit² | Register | (4,985) | Register | Register |
| Adj. EBITDA² | Register | (4,709) | Register | Register |
| Net Income | Register | (5,632) | Register | Register |
| Margins & Profitability Ratios (%) | ||||
| Gross Profit Margin¹ | Register | -4.2% | Register | Register |
| Adj. Operating Profit Margin² | Register | -21.7% | Register | Register |
| Adj. EBITDA Margin² | Register | -20.5% | Register | Register |
| Net Income Margin | Register | -24.5% | Register | Register |
| Balance Sheet Items & Leverage | ||||
| Total Assets | Register | 4,905 | Register | Register |
| Total Debt³ | Register | 8,995 | Register | Register |
| Total Debt³ / Adj. EBITDA² | Register | NMF | Register | Register |
| Total Equity | Register | (5,724) | Register | Register |
| ROAE | Register | NMF | Register | Register |
¹ COGS restated for comparability (2023–2025): finSPOT moved advertising income received from suppliers (2023–2025, under ₾0.2m a year) out of revenue into cost of sales, as for other grocery retailers. Cost of sales in every year also includes the commission Wolt Market pays the Wolt app on each order, which the filing does not show separately, so its gross margin reads lower than that of supermarkets with physical stores.
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.