The Georgian churchkhela manufacturer Badagi has published its financial report for 2024, showing that the company’s revenue increased by GEL 1.3 million, reaching GEL 10.3 million.
According to the report, the company’s main expenses were related to production costs, including:
- GEL 1.5 million for production salaries
- GEL 3.6 million for raw materials
- GEL 210,000 for packaging materials
In 2024, Badagi’s net profit amounted to GEL 762,000, while operating profit totaled GEL 739,000. By the end of the year, the company’s total assets exceeded GEL 4.1 million, with equity of GEL 3.5 million.
Founded in 2011, Badagi operates five retail points in Tbilisi and one in Batumi.
