Loading…
Operates in Real Estate — Residential Development. Per the activity note to the FY2022 annual report, the company constructs and sells multi-unit residential apartments. 51% owned by Irakli Bagdavadze (director); 49% owned by Tevisan Bagdavadze.
| Ratio | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Margins | ||||
| Gross Margin | 94.7% | 38.0% | -25.8% | 100.0% |
| EBITDA Margin | 87.7% | 20.5% | -39.0% | -154.5% |
| EBITDAR | 1,046 | 84 | -228 | -85 |
| EBITDAR Margin | 88.1% | 21.6% | -38.2% | -146.2% |
| EBIT Margin | 87.7% | 20.5% | -42.2% | -182.1% |
| Net Profit Margin | 87.7% | 20.5% | -99.6% | -218.6% |
| Operating Expense % of Sales | 7.0% | 17.5% | 13.1% | 254.5% |
| Returns | ||||
| Return on Assets (ROA) | 55.8% | 4.2% | -44.9% | -10.9% |
| Return on Equity (ROE) | 60.7% | 4.4% | -49.6% | -11.8% |
| ROIC [EBIT / Invested Capital] | 72.8% | 4.9% | -33.1% | -16.8% |
| Leverage & debt balances | ||||
| Debt-to-Assets | 3.1% | 3.0% | 1.2% | 0.0% |
| Debt-to-Equity | 0.03x | 0.03x | 0.01x | 0.00x |
| Debt-to-EBITDA | 0.06x | 0.72x | N/A | N/A |
| Equity-to-Assets | 92.0% | 93.7% | 90.6% | 91.8% |
| Net Debt | -287 | -171 | -439 | -443 |
| Cash & Equivalents | 344 | 228 | 455 | 443 |
| Total Debt | 57 | 57 | 16 | N/A |
| Liquidity & working capital | ||||
| Current Ratio | 0.00x | 0.00x | 0.00x | 0.00x |
| Quick Ratio | -23.80x | -11.94x | 0.00x | 0.00x |
| Cash Ratio | 5.80x | 2.21x | 3.69x | 12.11x |
| Total Current Assets | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 59 | 103 | 124 | 37 |
| Inventory | 1,413 | 1,233 | N/A | N/A |
| Trade Receivables | N/A | 390 | 217 | 162 |
| Trade Payables | N/A | N/A | N/A | 5 |
| Net Working Capital | -59 | -103 | -124 | -37 |
| Net Working Capital % of Revenue | -5.0% | -26.6% | -20.7% | -63.0% |
| Trade Working Capital | 1,413 | 1,624 | 217 | 157 |
| Trade Working Capital % of Revenue | 119.0% | 418.4% | 36.3% | 270.6% |
| Change in Trade Working Capital | N/A | 211 | -1,407 | -60 |
| Turnover & efficiency | ||||
| Inventory Turnover | 0.04x | 0.20x | N/A | N/A |
| Days Inventory Outstanding (DIO) | 8118.1 | 1871.5 | N/A | N/A |
| Receivables Turnover | N/A | 0.99x | 2.75x | 0.36x |
| Days Sales Outstanding (DSO) | N/A | 367.3 | 132.5 | 1016.8 |
| Payables Turnover | N/A | N/A | N/A | N/A |
| Days Payable Outstanding (DPO) | N/A | N/A | N/A | N/A |
| Cash Conversion Cycle | 8118.1 days | 2238.7 days | 132.5 days | 1016.8 days |
| Asset Turnover | 0.64x | 0.20x | 0.45x | 0.05x |
| Cash flow & dividends | ||||
| Operating Cash Flow | 978 | 378 | 495 | 156 |
| Free Cash Flow (OCF − Capex proxy) | 978 | 378 | 495 | 156 |
| Cash Conversion (OCF / EBITDA) | 93.9% | 475.0% | N/A | N/A |
| Dividends Declared | N/A | N/A | N/A | N/A |
| Dividend Payout Ratio | 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 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 →