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 105 — 3-yr total 105
Operates in Industrial Goods — Production - Furniture. Per the activity note to the FY2024 annual report, the company carries out wholesale trade in materials for furniture production and produces and sells furniture.
| Ratio | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross Margin | 10.8% | 10.4% | 13.2% | 14.9% | 17.0% | 13.7% | 19.6% |
| EBITDA Margin | 2.0% | 5.6% | 6.7% | 12.3% | 13.4% | 12.2% | 14.0% |
| EBITDAR | 170 | 599 | 879 | 2,138 | 2,495 | 2,034 | 2,524 |
| EBITDAR Margin | 2.0% | 5.6% | 6.7% | 12.3% | 13.4% | 12.2% | 14.0% |
| EBIT Margin | -0.3% | 3.3% | 5.3% | 11.2% | 12.3% | 11.5% | 13.0% |
| Net Profit Margin | 1.9% | 3.3% | 6.8% | 7.3% | 9.2% | 10.5% | 12.1% |
| Operating Expense % of Sales | 8.8% | 4.7% | 6.5% | 4.6% | 5.1% | 4.8% | 6.7% |
| Returns | |||||||
| Return on Assets (ROA) | 3.3% | 4.2% | 8.2% | 8.3% | 9.2% | 9.0% | 11.2% |
| Return on Equity (ROE) | 5.0% | 5.3% | 11.3% | 11.6% | 13.5% | 12.0% | 13.2% |
| ROIC [EBIT / Invested Capital] | -0.6% | 4.9% | 8.1% | 16.1% | 17.1% | 12.8% | 14.1% |
| Leverage & debt balances | |||||||
| Debt-to-Assets | 17.4% | 8.7% | 9.4% | 7.7% | 4.1% | 2.5% | 2.2% |
| Debt-to-Equity | 0.26x | 0.11x | 0.13x | 0.11x | 0.06x | 0.03x | 0.03x |
| Debt-to-EBITDA | 5.06x | 1.21x | 1.17x | 0.55x | 0.31x | 0.24x | 0.17x |
| Equity-to-Assets | 66.4% | 79.2% | 72.6% | 71.8% | 68.3% | 74.7% | 84.5% |
| Net Debt | 677 | 683 | 607 | 1,101 | 618 | 408 | 129 |
| Cash & Equivalents | 184 | 40 | 419 | 79 | 152 | 75 | 295 |
| Total Debt | 862 | 723 | 1,026 | 1,180 | 770 | 483 | 424 |
| Liquidity & working capital | |||||||
| Current Ratio | 5.99x | 3.28x | 2.56x | 3.19x | 2.56x | 2.47x | 3.65x |
| Quick Ratio | 5.99x | 0.15x | 0.27x | 0.21x | 0.17x | 0.11x | 0.22x |
| Cash Ratio | 0.23x | 0.03x | 0.19x | 0.03x | 0.03x | 0.02x | 0.10x |
| Total Current Assets | 4,783 | 3,822 | 5,709 | 9,934 | 11,924 | 11,489 | 10,625 |
| Total Current Liabilities | 798 | 1,164 | 2,231 | 3,112 | 4,655 | 4,660 | 2,912 |
| Inventory | N/A | 3,643 | 5,098 | 9,267 | 11,112 | 10,992 | 9,976 |
| Trade Receivables | 0 | N/A | 159 | 379 | 436 | 421 | 353 |
| Trade Payables | 737 | 968 | 1,939 | 2,693 | 4,362 | 3,914 | 2,193 |
| Net Working Capital | 3,985 | 2,657 | 3,478 | 6,822 | 7,269 | 6,829 | 7,714 |
| Net Working Capital % of Revenue | 47.4% | 24.9% | 26.6% | 39.2% | 39.0% | 41.1% | 42.7% |
| Trade Working Capital | -737 | 2,675 | 3,318 | 6,953 | 7,186 | 7,499 | 8,137 |
| Trade Working Capital % of Revenue | -8.8% | 25.1% | 25.4% | 39.9% | 38.5% | 45.1% | 45.0% |
| Change in Trade Working Capital | N/A | 3,412 | 643 | 3,635 | 233 | 314 | 638 |
| Turnover & efficiency | |||||||
| Inventory Turnover | N/A | 2.62x | 2.23x | 1.60x | 1.39x | 1.30x | 1.46x |
| Days Inventory Outstanding (DIO) | N/A | 139.1 | 163.7 | 228.3 | 262.0 | 279.8 | 250.3 |
| Receivables Turnover | 646336.46x | N/A | 82.27x | 45.95x | 42.75x | 39.53x | 51.20x |
| Days Sales Outstanding (DSO) | 0.0 | N/A | 4.4 | 7.9 | 8.5 | 9.2 | 7.1 |
| Payables Turnover | 10.17x | 9.87x | 5.86x | 5.50x | 3.55x | 3.66x | 6.63x |
| Days Payable Outstanding (DPO) | 35.9 | 37.0 | 62.3 | 66.4 | 102.9 | 99.6 | 55.0 |
| Cash Conversion Cycle | -35.9 days | 102.2 days | 105.9 days | 169.9 days | 167.7 days | 189.4 days | 202.4 days |
| Asset Turnover | 1.70x | 1.28x | 1.21x | 1.13x | 1.00x | 0.86x | 0.92x |
| Cash flow & dividends | |||||||
| Operating Cash Flow | N/A | 567 | 550 | -1,900 | 1,946 | 1,601 | 1,764 |
| Free Cash Flow (OCF − Capex proxy) | N/A | 272 | -309 | -2,356 | 484 | 213 | 384 |
| Cash Conversion (OCF / EBITDA) | N/A | 94.6% | 62.5% | -88.9% | 78.0% | 78.7% | 69.9% |
| Dividends Declared | N/A | 0 | 0 | 0 | 0 | 0 | 105 |
| Dividend Payout Ratio | N/A | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 4.8% |
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 →