შპს გიორგი 21

Ratio	2018	2019	2020	2021	2022
Margins
Gross Margin	18.0%	8.6%	24.4%	13.6%	38.0%
EBITDA Margin	11.9%	2.7%	19.4%	5.8%	26.2%
EBITDAR	528	89	458	181	422
EBITDAR Margin	11.9%	2.7%	19.4%	5.8%	26.2%
EBIT Margin	10.8%	0.9%	16.8%	4.1%	24.0%
Net Profit Margin	11.9%	1.8%	19.4%	4.2%	24.0%
Operating Expense % of Sales	6.1%	5.9%	5.0%	7.9%	11.8%
Returns
Return on Assets (ROA)	47.2%	2.3%	23.1%	4.1%	18.1%
Return on Equity (ROE)	48.6%	3.4%	23.5%	4.2%	18.4%
ROIC [EBIT / Invested Capital]	45.1%	1.3%	21.2%	4.1%	23.6%
Leverage & liquidity
Debt-to-Assets	0.0%	32.4%	0.0%	1.4%	0.0%
Debt-to-Equity	0.00x	0.49x	0.00x	0.01x	0.00x
Debt-to-EBITDA	0.00x	9.72x	0.00x	0.25x	0.00x
Equity-to-Assets	97.1%	66.3%	98.5%	97.6%	98.4%
Net Debt	-25	503	-76	29	-467
Cash & Equivalents	25	363	76	17	467
Total Debt	N/A	865	N/A	46	N/A
Efficiency & working capital
Inventory Turnover	103.93x	16.67x	3.61x	N/A	N/A
Days Inventory Outstanding (DIO)	3.5	21.9	101.2	N/A	N/A
Receivables Turnover	1139.96x	3.01x	5.63x	1.94x	197.32x
Days Sales Outstanding (DSO)	0.3	121.2	64.8	187.7	1.8
Payables Turnover	113.03x	86.73x	59.90x	86.76x	31.83x
Days Payable Outstanding (DPO)	3.2	4.2	6.1	4.2	11.5
Cash Conversion Cycle	0.6 days	138.8 days	159.9 days	183.5 days	-9.6 days
Asset Turnover	3.97x	1.24x	1.19x	0.96x	0.75x
Cash flow & dividends
Operating Cash Flow	N/A	-234	-56	-1,078	2,008
Free Cash Flow (OCF − Capex proxy)	N/A	388	-333	11	559
Cash Conversion (OCF / EBITDA)	N/A	-263.3%	-12.1%	-595.6%	475.9%
Dividends Declared	0	0	0	N/A	N/A
Dividend Payout Ratio	0.0%	0.0%	0.0%	N/A	N/A

Money rows — EBITDAR, net debt, cash, total debt, operating and free cash flow, dividends declared — are in ₾ '000. Margins, returns and payout are percentages; turnover and leverage are multiples; DIO/DSO/DPO are days. Hover a metric name for its definition.

Ownership & group structure

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.

companyinfo.ge · fetched 2026-07-15