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
Operates in Power & Utilities. Per the activity note to the FY2024 annual report, the company leases equipment that generates electricity. Founded in 2008; provides power generation equipment lease services.
Subsidiary of Georgia Global Utilities (100.0%)
| Ratio | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross Margin | 91.4% | 88.0% | 89.8% | 91.4% | 90.9% | 91.3% | 90.3% | 90.7% |
| EBITDA Margin | 46.7% | 66.5% | 69.7% | 84.7% | 85.0% | 84.9% | 77.3% | 80.1% |
| EBITDAR | 1,555 | 1,990 | 1,254 | 2,198 | 2,385 | 2,394 | 1,786 | 2,671 |
| EBITDAR Margin | 46.7% | 66.5% | 69.7% | 84.7% | 85.0% | 84.9% | 77.3% | 80.1% |
| EBIT Margin | 32.8% | 51.4% | 45.3% | 73.2% | 70.0% | 70.2% | 59.5% | 67.7% |
| Net Profit Margin | 46.6% | 41.6% | 44.2% | 57.3% | 64.1% | 75.3% | 48.7% | 62.1% |
| Operating Expense % of Sales | 44.7% | 21.4% | 20.1% | 6.8% | 5.9% | 6.3% | 13.0% | 10.8% |
| Returns | ||||||||
| Return on Assets (ROA) | 19.1% | 7.3% | 4.6% | 19.9% | 19.7% | 19.1% | 9.1% | 18.3% |
| Return on Equity (ROE) | 62.7% | 72.3% | 31.6% | 37.1% | 31.0% | 26.8% | 12.4% | 18.6% |
| ROIC [EBIT / Invested Capital] | 16.6% | 9.8% | 4.9% | 29.8% | 22.1% | 18.0% | 11.5% | 20.5% |
| Leverage & debt balances | ||||||||
| Debt-to-Assets | 66.5% | 88.4% | 83.7% | 45.5% | 35.6% | 28.0% | 23.6% | 0.0% |
| Debt-to-Equity | 2.18x | 8.70x | 5.76x | 0.85x | 0.56x | 0.39x | 0.32x | 0.00x |
| Debt-to-EBITDA | 3.47x | 7.53x | 11.57x | 1.55x | 1.36x | 1.30x | 1.64x | 0.00x |
| Equity-to-Assets | 30.5% | 10.2% | 14.5% | 53.5% | 63.5% | 71.3% | 73.1% | 98.1% |
| Net Debt | 4,096 | 13,952 | 14,154 | 2,374 | 3,102 | 3,090 | 2,913 | -74 |
| Cash & Equivalents | 1,299 | 1,028 | 349 | 1,032 | 152 | 24 | 11 | 74 |
| Total Debt | 5,395 | 14,980 | 14,503 | 3,406 | 3,254 | 3,114 | 2,924 | N/A |
| Liquidity & working capital | ||||||||
| Current Ratio | 4.00x | 1.79x | 2.27x | 10.03x | 18.18x | 13.36x | 20.40x | 36.44x |
| Quick Ratio | 3.99x | 1.78x | 2.27x | 10.00x | 18.14x | 13.33x | 20.30x | 36.34x |
| Cash Ratio | 2.89x | 1.07x | 0.32x | 5.77x | 0.75x | 0.05x | 0.03x | 0.39x |
| Total Current Assets | 1,794 | 1,721 | 2,499 | 1,795 | 3,709 | 6,013 | 7,670 | 6,888 |
| Total Current Liabilities | 449 | 964 | 1,100 | 179 | 204 | 450 | 376 | 189 |
| Inventory | 3 | 3 | 3 | 5 | 8 | 16 | 38 | 20 |
| Trade Receivables | 359 | 214 | 255 | 673 | 3,510 | 5,903 | 7,528 | 6,755 |
| Trade Payables | 191 | 107 | 280 | 48 | 49 | 45 | 361 | 150 |
| Net Working Capital | 1,345 | 757 | 1,399 | 1,616 | 3,505 | 5,563 | 7,294 | 6,699 |
| Net Working Capital % of Revenue | 40.4% | 25.3% | 77.7% | 62.2% | 125.0% | 197.3% | 315.9% | 200.8% |
| Trade Working Capital | 171 | 110 | -22 | 630 | 3,469 | 5,874 | 7,205 | 6,625 |
| Trade Working Capital % of Revenue | 5.1% | 3.7% | -1.2% | 24.3% | 123.7% | 208.4% | 312.0% | 198.6% |
| Change in Trade Working Capital | N/A | -61 | -132 | 652 | 2,839 | 2,405 | 1,331 | -580 |
| Turnover & efficiency | ||||||||
| Inventory Turnover | 95.33x | 120.00x | 61.33x | 44.40x | 31.75x | 15.38x | 5.87x | 15.55x |
| Days Inventory Outstanding (DIO) | 3.8 | 3.0 | 6.0 | 8.2 | 11.5 | 23.7 | 62.2 | 23.5 |
| Receivables Turnover | 9.28x | 13.98x | 7.06x | 3.86x | 0.80x | 0.48x | 0.31x | 0.49x |
| Days Sales Outstanding (DSO) | 39.3 | 26.1 | 51.7 | 94.6 | 456.7 | 764.3 | 1190.0 | 739.1 |
| Payables Turnover | 1.50x | 3.36x | 0.66x | 4.62x | 5.18x | 5.47x | 0.62x | 2.07x |
| Days Payable Outstanding (DPO) | 243.8 | 108.5 | 555.4 | 78.9 | 70.4 | 66.8 | 590.9 | 176.0 |
| Cash Conversion Cycle | -200.6 days | -79.3 days | -497.8 days | 23.9 days | 397.8 days | 721.3 days | 661.3 days | 586.5 days |
| Asset Turnover | 0.41x | 0.18x | 0.10x | 0.35x | 0.31x | 0.25x | 0.19x | 0.29x |
| Cash flow & dividends | ||||||||
| Operating Cash Flow | 2,160 | 1,371 | 1,520 | 1,511 | -405 | -28 | 443 | 3,316 |
| Free Cash Flow (OCF − Capex proxy) | 2,160 | -7,993 | 1,402 | 13,128 | -565 | -115 | 425 | 3,175 |
| Cash Conversion (OCF / EBITDA) | 138.9% | 68.9% | 121.2% | 68.7% | -17.0% | -1.2% | 24.8% | 124.1% |
| Dividends Declared | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Payout Ratio | 0.0% | 0.0% | 0.0% | 0.0% | 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 →