Loading…
* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Operates in Construction — Residential & Commercial Building. Per the activity note to the FY2024 annual report, the company constructs residential and commercial buildings.
Subsidiary of Caucasus Automotive Retail (100.0%)
| Ratio | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross Margin | 52.9% | 46.7% | 47.4% | 65.4% | 61.2% | 67.6% | 33.7% |
| EBITDA Margin | 28.6% | 8.8% | -55.0% | 32.0% | 35.2% | -11.3% | 15.2% |
| EBITDAR | 479 | 242 | -674 | 1,638 | 5,833 | -387 | 3,032 |
| EBITDAR Margin | 30.2% | 9.4% | -53.7% | 32.4% | 35.6% | -9.8% | 15.5% |
| EBIT Margin | 27.4% | 8.1% | -56.6% | 31.4% | 34.9% | -13.0% | 15.0% |
| Net Profit Margin | 18.8% | 6.8% | -118.7% | 32.8% | 40.4% | -37.9% | 13.4% |
| Operating Expense % of Sales | 24.3% | 37.9% | 102.4% | 33.5% | 26.0% | 78.9% | 18.5% |
| Returns | |||||||
| Return on Assets (ROA) | 8.9% | 2.4% | -11.9% | 9.7% | 27.9% | -4.7% | 9.6% |
| Return on Equity (ROE) | 55.0% | 24.5% | N/A | 186.9% | 73.7% | -20.1% | 32.8% |
| ROIC [EBIT / Invested Capital] | 20.3% | 4.7% | -13.3% | 23.0% | 34.2% | -2.3% | 13.2% |
| Leverage & debt balances | |||||||
| Debt-to-Assets | 53.8% | 51.5% | 51.0% | 37.7% | 33.0% | 50.6% | 53.6% |
| Debt-to-Equity | 3.32x | 5.22x | -8.32x | 7.27x | 0.87x | 2.17x | 1.83x |
| Debt-to-EBITDA | 3.96x | 16.49x | N/A | 3.99x | 1.36x | N/A | 4.92x |
| Equity-to-Assets | 16.2% | 9.9% | -6.1% | 5.2% | 37.8% | 23.3% | 29.3% |
| Net Debt | 1,599 | 3,716 | 6,099 | 6,030 | 7,751 | 14,575 | 14,266 |
| Cash & Equivalents | 202 | 41 | 321 | 428 | 75 | 1,658 | 392 |
| Total Debt | 1,801 | 3,757 | 6,420 | 6,458 | 7,826 | 16,232 | 14,658 |
| Liquidity & working capital | |||||||
| Current Ratio | 3.11x | 1.96x | 1.26x | 0.87x | 0.83x | 0.83x | 0.49x |
| Quick Ratio | 3.11x | 1.19x | 0.61x | 0.87x | 0.83x | 0.83x | 0.49x |
| Cash Ratio | 0.40x | 0.01x | 0.04x | 0.04x | 0.01x | 0.07x | 0.02x |
| Total Current Assets | 1,571 | 5,710 | 9,317 | 10,022 | 8,590 | 19,890 | 9,500 |
| Total Current Liabilities | 505 | 2,911 | 7,416 | 11,576 | 10,398 | 24,098 | 19,339 |
| Inventory | N/A | 2,259 | 4,796 | N/A | N/A | N/A | N/A |
| Trade Receivables | 257 | 2,707 | 2,539 | 862 | 599 | 3,812 | 488 |
| Trade Payables | 119 | 312 | 410 | 329 | 92 | 327 | 164 |
| Net Working Capital | 1,066 | 2,799 | 1,901 | -1,554 | -1,808 | -4,208 | -9,840 |
| Net Working Capital % of Revenue | 67.2% | 108.4% | 151.4% | -30.7% | -11.0% | -106.2% | -50.2% |
| Trade Working Capital | 138 | 4,654 | 6,925 | 533 | 507 | 3,485 | 325 |
| Trade Working Capital % of Revenue | 8.7% | 180.3% | 551.2% | 10.5% | 3.1% | 88.0% | 1.7% |
| Change in Trade Working Capital | N/A | 4,516 | 2,270 | -6,392 | -26 | 2,978 | -3,160 |
| Turnover & efficiency | |||||||
| Inventory Turnover | N/A | 0.61x | 0.14x | N/A | N/A | N/A | N/A |
| Days Inventory Outstanding (DIO) | N/A | 599.8 | 2650.7 | N/A | N/A | N/A | N/A |
| Receivables Turnover | 6.17x | 0.95x | 0.49x | 5.87x | 27.32x | 1.04x | 40.11x |
| Days Sales Outstanding (DSO) | 59.2 | 382.9 | 737.6 | 62.2 | 13.4 | 351.3 | 9.1 |
| Payables Turnover | 6.29x | 4.40x | 1.61x | 5.32x | 68.88x | 3.93x | 79.33x |
| Days Payable Outstanding (DPO) | 58.0 | 82.9 | 226.7 | 68.7 | 5.3 | 93.0 | 4.6 |
| Cash Conversion Cycle | 1.1 days | 899.7 days | 3161.6 days | -6.5 days | 8.1 days | 258.3 days | 4.5 days |
| Asset Turnover | 0.47x | 0.35x | 0.10x | 0.30x | 0.69x | 0.12x | 0.72x |
| Cash flow & dividends | |||||||
| Operating Cash Flow | N/A | 1,020 | 316 | 639 | 4,543 | -7,568 | 8,987 |
| Free Cash Flow (OCF − Capex proxy) | N/A | -111 | -1,729 | -1,926 | -3,673 | -6,779 | 3,332 |
| Cash Conversion (OCF / EBITDA) | N/A | 447.6% | N/A | 39.5% | 78.9% | N/A | 301.9% |
| 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 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 →