MadArt, a Georgian confectionery producer and retailer, has published its consolidated financial statements for 2025. The report shows that the group generated more than GEL 67 million in revenue last year and purchased land for the construction of a new production facility.
MadArt’s total revenue reached GEL 67.04 million in 2025, up from GEL 65.39 million in 2024. Product sales accounted for GEL 62.4 million, while its delivery service, MadArt Delivery LLC, generated GEL 4.6 million.
Despite higher revenue, net profit declined to GEL 5.85 million, compared with GEL 6.89 million in 2024. Operating profit amounted to GEL 6.77 million.
Marketing and delivery expenses exceeded GEL 9.7 million. The largest costs were delivery staff salaries, at GEL 4.4 million, and transportation and storage, at GEL 3.7 million. The company spent GEL 479,631 on advertising and marketing, slightly less than the previous year.
As part of its expansion plans, MadArt acquired a plot of land in 2025 for a new confectionery factory. The group also took out US dollar-denominated loans to finance new projects and fixed assets. As of December 31, 2025, its total loan liabilities stood at GEL 8.74 million.
The report also shows that GEL 3.74 million in dividends was paid to the company’s sole owner, Davit Chrelashvili, in 2025, up from GEL 3.48 million the previous year.
MadArt has operated since 2009 and runs four retail outlets alongside a delivery network. At the end of 2025, the group employed 840 people.
