შპს მაქს კომფორტი

Ratio	2018	2019	2020	2021	2022	2023	2024
Margins
Gross Margin	25.1%	24.2%	26.4%	27.5%	29.5%	30.3%	27.8%
EBITDA Margin	11.3%	11.7%	10.3%	13.9%	14.0%	14.0%	9.5%
EBITDAR	1,100	1,583	1,503	2,428	2,610	2,362	1,643
EBITDAR Margin	12.6%	13.4%	11.5%	14.8%	14.9%	15.0%	10.5%
EBIT Margin	10.7%	10.9%	9.6%	13.1%	13.1%	13.1%	8.4%
Net Profit Margin	8.6%	8.2%	0.9%	17.5%	18.6%	12.2%	7.6%
Operating Expense % of Sales	13.8%	12.5%	16.1%	13.6%	15.5%	16.3%	18.2%
Returns
Return on Assets (ROA)	14.4%	10.6%	1.1%	20.2%	26.5%	12.6%	8.4%
Return on Equity (ROE)	42.8%	36.7%	4.4%	50.7%	37.9%	19.0%	11.6%
ROIC [EBIT / Invested Capital]	30.2%	17.8%	13.8%	19.8%	24.0%	17.6%	10.9%
Leverage & liquidity
Debt-to-Assets	38.3%	50.9%	56.1%	38.0%	14.9%	13.8%	16.7%
Debt-to-Equity	1.14x	1.77x	2.36x	0.95x	0.21x	0.21x	0.23x
Debt-to-EBITDA	2.02x	3.39x	4.85x	2.36x	0.75x	0.95x	1.59x
Equity-to-Assets	33.7%	28.8%	23.8%	39.9%	70.0%	66.4%	71.8%
Net Debt	1,337	4,632	6,283	5,172	984	1,610	1,941
Cash & Equivalents	652	64	268	191	846	485	414
Total Debt	1,989	4,696	6,551	5,364	1,830	2,095	2,356
Efficiency & working capital
Inventory Turnover	N/A	2.11x	1.69x	N/A	N/A	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	173.2	215.6	N/A	N/A	N/A	N/A
Receivables Turnover	16.25x	10.80x	8.44x	6.08x	7.06x	5.55x	7.50x
Days Sales Outstanding (DSO)	22.5	33.8	43.3	60.0	51.7	65.7	48.7
Payables Turnover	8.90x	7.15x	4.21x	4.36x	9.56x	4.28x	8.76x
Days Payable Outstanding (DPO)	41.0	51.1	86.7	83.7	38.2	85.2	41.7
Cash Conversion Cycle	-18.5 days	156.0 days	172.2 days	-23.7 days	13.5 days	-19.5 days	7.0 days
Asset Turnover	1.68x	1.29x	1.13x	1.16x	1.42x	1.04x	1.11x
Cash flow & dividends
Operating Cash Flow	-331	145	-155	631	3,698	-46	1,129
Free Cash Flow (OCF − Capex proxy)	-488	-2,906	-257	346	3,641	-83	788
Cash Conversion (OCF / EBITDA)	-33.6%	10.4%	-11.4%	27.8%	150.9%	-2.1%	76.0%
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