შპს თ.ბ.კ-ლინკ

Ratio	2018	2019	2020	2021	2022	2023	2024
Margins
Gross Margin	26.9%	24.7%	29.8%	36.5%	16.1%	21.8%	25.8%
EBITDA Margin	8.8%	9.3%	15.9%	26.4%	-0.9%	2.9%	7.7%
EBITDAR	464	566	1,100	2,612	-31	214	569
EBITDAR Margin	9.3%	9.8%	16.3%	26.8%	-0.4%	3.3%	8.2%
EBIT Margin	8.4%	9.0%	14.9%	25.8%	-1.5%	2.3%	7.2%
Net Profit Margin	7.8%	7.5%	15.5%	26.7%	0.8%	2.2%	7.2%
Operating Expense % of Sales	18.2%	15.4%	13.9%	10.1%	16.9%	18.9%	18.1%
Returns
Return on Assets (ROA)	10.0%	12.4%	29.8%	44.9%	0.8%	2.5%	12.4%
Return on Equity (ROE)	12.0%	14.4%	30.3%	46.5%	1.0%	3.1%	13.8%
ROIC [EBIT / Invested Capital]	12.3%	15.4%	35.6%	44.7%	-1.6%	2.9%	12.7%
Leverage & liquidity
Debt-to-Assets	5.0%	11.2%	0.0%	0.6%	20.8%	11.5%	6.7%
Debt-to-Equity	0.06x	0.13x	0.00x	0.01x	0.28x	0.14x	0.08x
Debt-to-EBITDA	0.44x	0.73x	0.00x	0.01x	N/A	3.41x	0.51x
Equity-to-Assets	83.2%	86.2%	98.1%	96.7%	75.0%	79.6%	89.9%
Net Debt	187	385	-636	33	1,517	630	272
Cash & Equivalents	6	4	636	0	0	0	2
Total Debt	194	389	N/A	33	1,517	630	274
Efficiency & working capital
Inventory Turnover	N/A	1.61x	2.24x	N/A	N/A	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	227.4	163.1	N/A	N/A	N/A	N/A
Receivables Turnover	252.63x	N/A	N/A	N/A	3078.49x	9839.39x	N/A
Days Sales Outstanding (DSO)	1.4	N/A	N/A	N/A	0.1	0.0	N/A
Payables Turnover	10.35x	758.69x	1029.34x	1650.91x	30.13x	16.19x	426.73x
Days Payable Outstanding (DPO)	35.3	0.5	0.4	0.2	12.1	22.5	0.9
Cash Conversion Cycle	-33.8 days	226.9 days	162.7 days	-0.2 days	-12.0 days	-22.5 days	-0.9 days
Asset Turnover	1.28x	1.65x	1.92x	1.68x	1.01x	1.16x	1.71x
Cash flow & dividends
Operating Cash Flow	N/A	-2	633	-636	-0	0	2
Free Cash Flow (OCF − Capex proxy)	N/A	-2	633	-636	-0	0	2
Cash Conversion (OCF / EBITDA)	N/A	-0.5%	59.1%	-24.7%	N/A	0.2%	0.4%
Dividends Declared	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividend Payout Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Money rows — EBITDAR, net debt, cash, total debt, operating and free cash flow, dividends declared — are in ₾ '000. Margins, returns and payout are percentages; turnover and leverage are multiples; DIO/DSO/DPO are days. Hover a metric name for its definition.

Ownership & group structure

Shareholders, directors and group links from the companyinfo.ge public register — as filed, so stakes need not sum to 100% where a holding is undisclosed.

companyinfo.ge · fetched 2026-07-15