Georgian Sneaker Brand Crosty published a financial report for 2022. According to the report, the company increased sales by GEL 210 thousand to GEL 2,381,253. The most successful product of the company is branded shoes under the name "Tavisupleba" (Freedom), which price starts from GEL 490.
According to the document, despite the increase in sales, the company's net profit decreased from GEL 80,474 to GEL 16,889 in 2022.
From the financial report, it is clear that Crosty is mainly engaged in local sales and its revenues for 2022 were distributed as follows:
Sales from the store - GEL 1,592,337,
Online sales - GEL 702,272;
Exports - GEL 86,644;
Total - GEL 2,381,253.
The company's financial expenses in 2022 amounted to GEL 232 thousand.
Crosty's assets amount to GEL 1.6 million, its largest shareholder is LLC "Golden Foot Investment", 9% is owned by Zaza Pachulia, and 24% by Giorgi Mikaya.
