Loading…
* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 0 · FY2023 0 · FY2024 0
Georgian real estate/property management entity.
Subsidiary of Georgian Railway (100.0%)
| Ratio | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross Margin | 34.6% | 447.5% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| EBITDA Margin | -89.4% | 263.6% | -139.5% | -182.2% | -183.6% | -172.7% | -153.0% | -152.4% |
| EBITDAR | -1,132 | 4,120 | -2,088 | -2,361 | -2,501 | -2,662 | -2,273 | -2,523 |
| EBITDAR Margin | -72.5% | 266.1% | -136.9% | -182.2% | -183.6% | -172.7% | -153.0% | -152.4% |
| EBIT Margin | -110.3% | 244.7% | -159.7% | -204.9% | -214.1% | -192.1% | -175.2% | -176.6% |
| Net Profit Margin | -9.5% | 240.6% | 76.5% | -123.7% | 21.5% | 510.4% | 174.1% | 26.8% |
| Operating Expense % of Sales | 124.0% | 183.9% | 239.5% | 282.2% | 283.6% | 272.7% | 253.0% | 252.4% |
| Returns | ||||||||
| Return on Assets (ROA) | -0.4% | 9.2% | 2.9% | -2.7% | 0.5% | 9.6% | 3.0% | 0.7% |
| Return on Equity (ROE) | -0.4% | 9.3% | 2.9% | -2.7% | 0.5% | 9.7% | 3.1% | 0.7% |
| ROIC [EBIT / Invested Capital] | -5.2% | 10.1% | -7.3% | -4.5% | -5.3% | -6.3% | -5.5% | -6.4% |
| Leverage & debt balances | ||||||||
| Debt-to-Assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt-to-Equity | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Debt-to-EBITDA | N/A | 0.00x | N/A | N/A | N/A | N/A | N/A | N/A |
| Equity-to-Assets | 92.2% | 99.1% | 98.8% | 99.6% | 99.1% | 99.0% | 99.2% | 97.3% |
| Net Debt | -4,325 | -2,563 | -6,246 | -1,571 | -5,773 | -34,553 | -36,670 | -16,873 |
| Cash & Equivalents | 4,325 | 2,563 | 6,246 | 1,571 | 5,773 | 34,553 | 36,670 | 16,873 |
| Total Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Liquidity & working capital | ||||||||
| Current Ratio | 1.56x | 0.00x | N/A | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Quick Ratio | 1.56x | 0.00x | N/A | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Cash Ratio | 0.69x | 1.47x | N/A | 6.04x | 10.27x | 40.37x | 51.79x | 9.78x |
| Total Current Assets | 9,743 | 0 | 13,429 | 1 | 1 | 0 | 0 | 0 |
| Total Current Liabilities | 6,231 | 1,747 | N/A | 260 | 562 | 856 | 708 | 1,726 |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Trade Receivables | 1,404 | 788 | N/A | 262 | 307 | 987 | 1,634 | 744 |
| Trade Payables | 109 | 159 | N/A | 30 | 248 | 236 | 157 | 1,334 |
| Net Working Capital | 3,512 | -1,747 | 13,429 | -259 | -561 | -856 | -708 | -1,726 |
| Net Working Capital % of Revenue | 225.0% | -112.8% | 880.6% | -20.0% | -41.2% | -55.5% | -47.6% | -104.3% |
| Trade Working Capital | 1,295 | 629 | N/A | 232 | 59 | 751 | 1,477 | -590 |
| Trade Working Capital % of Revenue | 83.0% | 40.6% | N/A | 17.9% | 4.3% | 48.7% | 99.4% | -35.6% |
| Change in Trade Working Capital | N/A | -666 | -629 | 232 | -173 | 692 | 726 | -2,067 |
| Turnover & efficiency | ||||||||
| Inventory Turnover | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Days Inventory Outstanding (DIO) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Receivables Turnover | 1.11x | 1.96x | N/A | 4.95x | 4.44x | 1.56x | 0.91x | 2.22x |
| Days Sales Outstanding (DSO) | 328.3 | 185.8 | N/A | 73.8 | 82.3 | 233.8 | 401.4 | 164.1 |
| Payables Turnover | 9.37x | 33.83x | N/A | N/A | N/A | N/A | N/A | N/A |
| Days Payable Outstanding (DPO) | 39.0 | 10.8 | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash Conversion Cycle | 289.3 days | 175.0 days | N/A | 73.8 days | 82.3 days | 233.8 days | 401.4 days | 164.1 days |
| Asset Turnover | 0.04x | 0.04x | 0.04x | 0.02x | 0.02x | 0.02x | 0.02x | 0.03x |
| Cash flow & dividends | ||||||||
| Operating Cash Flow | -1,206 | -4,151 | -4,074 | -2,276 | -1,885 | -2,790 | -2,726 | -403 |
| Free Cash Flow (OCF − Capex proxy) | -1,206 | -264 | 5,712 | -4,694 | 4,195 | 28,781 | 2,117 | -19,797 |
| Cash Conversion (OCF / EBITDA) | N/A | -101.7% | N/A | N/A | N/A | N/A | N/A | N/A |
| Dividends Declared | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Payout Ratio | N/A | 0.0% | 0.0% | N/A | 0.0% | 0.0% | 0.0% | 0.0% |
Money rows — EBITDAR, net debt, cash, total debt, operating and free cash flow, dividends declared — are in GEL, thousands. Margins, returns and payout are percentages; turnover and leverage are multiples; DIO/DSO/DPO are days. Hover a metric name for its definition.
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.
Ownership & directors from companyinfo.ge (public corporate registry).
Ranked by how close each latest revenue is to this one — not a curated comp set. Open this set in Compare →