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 37,320 — 3-yr total 37,320
JSC Energo-Pro Georgia is the operating electricity-distribution subsidiary of Czech Energo-Pro group — the second-largest DSO in Georgia after Telasi, serving ~1m customers across the country outside Tbilisi via ~35,000km of distribution lines.
| Ratio | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross Margin | 29.5% | 22.8% | 21.4% | 81.1% | 78.9% | 79.5% | 81.4% | 77.2% |
| EBITDA Margin | 24.9% | 10.5% | 7.0% | 50.2% | 52.5% | 57.0% | 50.8% | 48.6% |
| EBITDAR | 182,324 | 92,062 | 54,735 | 160,991 | 246,551 | 296,747 | 261,815 | 236,934 |
| EBITDAR Margin | 24.9% | 11.0% | 7.5% | 51.2% | 53.3% | 57.9% | 51.7% | 49.6% |
| EBIT Margin | 20.4% | 5.7% | 1.1% | 34.4% | 41.4% | 45.8% | 38.4% | 34.1% |
| Net Profit Margin | 8.9% | 4.7% | -0.8% | -23.6% | 41.4% | 44.5% | 41.4% | 32.7% |
| Operating Expense % of Sales | 4.6% | 12.3% | 14.4% | 30.9% | 26.4% | 22.6% | 33.5% | 34.6% |
| Returns | ||||||||
| Return on Assets (ROA) | 8.7% | 5.6% | -0.8% | -9.7% | 25.6% | 25.1% | 17.5% | 11.2% |
| Return on Equity (ROE) | 14.9% | 8.4% | -1.3% | -19.0% | 33.0% | 28.4% | 20.8% | 13.9% |
| ROIC [EBIT / Invested Capital] | 24.2% | 9.2% | 1.5% | 24.6% | 31.9% | 29.3% | 18.7% | 13.4% |
| Leverage & debt balances | ||||||||
| Debt-to-Assets | 26.3% | 9.6% | 8.8% | 8.8% | 3.0% | 0.5% | 3.0% | 6.7% |
| Debt-to-Equity | 0.45x | 0.14x | 0.14x | 0.17x | 0.04x | 0.01x | 0.04x | 0.08x |
| Debt-to-EBITDA | 1.08x | 0.76x | 1.25x | 0.43x | 0.09x | 0.01x | 0.14x | 0.40x |
| Equity-to-Assets | 58.4% | 67.3% | 63.5% | 50.8% | 77.8% | 88.4% | 83.8% | 80.7% |
| Net Debt | 181,499 | 50,926 | 57,738 | 50,064 | 20,260 | -2,505 | 34,639 | 91,902 |
| Cash & Equivalents | 14,878 | 16,056 | 6,748 | 17,653 | 2,131 | 6,832 | 1,573 | 1,026 |
| Total Debt | 196,377 | 66,982 | 64,486 | 67,717 | 22,391 | 4,327 | 36,212 | 92,928 |
| Liquidity & working capital | ||||||||
| Current Ratio | 0.44x | 0.86x | 0.49x | 0.36x | 0.53x | 0.69x | 0.73x | 0.40x |
| Quick Ratio | 0.39x | 0.77x | 0.42x | 0.32x | 0.40x | 0.63x | 0.70x | 0.36x |
| Cash Ratio | 0.06x | 0.10x | 0.03x | 0.06x | 0.01x | 0.07x | 0.01x | 0.01x |
| Total Current Assets | 112,674 | 138,788 | 97,160 | 115,741 | 78,704 | 65,081 | 126,644 | 63,484 |
| Total Current Liabilities | 253,613 | 160,478 | 199,158 | 320,506 | 147,699 | 94,058 | 172,935 | 158,726 |
| Inventory | 12,826 | 15,296 | 13,239 | 13,703 | 19,766 | 6,005 | 6,350 | 6,235 |
| Trade Receivables | 75,101 | 92,942 | 71,466 | 83,759 | 56,580 | 51,674 | 55,990 | 55,738 |
| Trade Payables | 76,085 | 121,293 | 157,372 | 247,476 | 71,521 | 25,074 | 60,176 | 79,505 |
| Net Working Capital | -140,939 | -21,690 | -101,998 | -204,765 | -68,995 | -28,977 | -46,291 | -95,242 |
| Net Working Capital % of Revenue | -19.2% | -2.6% | -13.9% | -65.2% | -14.9% | -5.7% | -9.1% | -20.0% |
| Trade Working Capital | 11,842 | -13,055 | -72,667 | -150,014 | 4,825 | 32,605 | 2,164 | -17,532 |
| Trade Working Capital % of Revenue | 1.6% | -1.6% | -9.9% | -47.7% | 1.0% | 6.4% | 0.4% | -3.7% |
| Change in Trade Working Capital | N/A | -24,897 | -59,612 | -77,347 | 154,839 | 27,780 | -30,441 | -19,696 |
| Turnover & efficiency | ||||||||
| Inventory Turnover | 40.25x | 42.41x | 43.45x | 4.33x | 4.94x | 17.48x | 14.86x | 17.47x |
| Days Inventory Outstanding (DIO) | 9.1 | 8.6 | 8.4 | 84.4 | 73.9 | 20.9 | 24.6 | 20.9 |
| Receivables Turnover | 9.75x | 9.04x | 10.25x | 3.75x | 8.17x | 9.92x | 9.04x | 8.57x |
| Days Sales Outstanding (DSO) | 37.4 | 40.4 | 35.6 | 97.3 | 44.7 | 36.8 | 40.4 | 42.6 |
| Payables Turnover | 6.78x | 5.35x | 3.66x | 0.24x | 1.37x | 4.19x | 1.57x | 1.37x |
| Days Payable Outstanding (DPO) | 53.8 | 68.3 | 99.9 | 1523.6 | 267.4 | 87.2 | 232.8 | 266.4 |
| Cash Conversion Cycle | -7.3 days | -19.3 days | -55.8 days | -1342.0 days | -148.8 days | -29.5 days | -167.9 days | -202.9 days |
| Asset Turnover | 0.98x | 1.21x | 1.00x | 0.41x | 0.62x | 0.56x | 0.42x | 0.34x |
| Cash flow & dividends | ||||||||
| Operating Cash Flow | 70,487 | 117,604 | 115,958 | 106,685 | 83,200 | 251,391 | 276,942 | 239,713 |
| Free Cash Flow (OCF − Capex proxy) | 70,487 | 133,467 | 8,068 | 40,251 | -1,054 | 27,215 | -35,407 | -9,132 |
| Cash Conversion (OCF / EBITDA) | 38.7% | 132.8% | 224.9% | 67.6% | 34.3% | 86.1% | 107.7% | 103.3% |
| Dividends Declared | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37,320 |
| Dividend Payout Ratio | 0.0% | 0.0% | N/A | N/A | 0.0% | 0.0% | 0.0% | 23.9% |
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 →