Loading…
* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Operates in Mining & Metals — Mining. Per the activity note to the FY2024 annual report, the company develops sand and gravel quarries under mining licenses.
| Ratio | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Margins | ||||
| Gross Margin | 47.1% | 36.8% | 47.5% | -1.1% |
| EBITDA Margin | 41.1% | 28.1% | 42.6% | -7.8% |
| EBITDAR | 951 | 1,199 | 1,648 | -401 |
| EBITDAR Margin | 41.1% | 28.1% | 42.6% | -7.8% |
| EBIT Margin | 35.4% | 21.6% | 42.6% | -7.8% |
| Net Profit Margin | 36.1% | 28.9% | 46.7% | 37.7% |
| Operating Expense % of Sales | 6.0% | 8.8% | 4.9% | 6.7% |
| Returns | ||||
| Return on Assets (ROA) | 38.9% | 36.4% | 23.5% | 23.1% |
| Return on Equity (ROE) | 51.4% | 44.8% | 41.1% | 33.6% |
| ROIC [EBIT / Invested Capital] | 41.3% | 29.1% | 38.5% | -5.2% |
| Leverage & debt balances | ||||
| Debt-to-Assets | 18.5% | 13.0% | 39.3% | 28.2% |
| Debt-to-Equity | 0.24x | 0.16x | 0.69x | 0.41x |
| Debt-to-EBITDA | 0.42x | 0.37x | 1.83x | N/A |
| Equity-to-Assets | 75.7% | 81.4% | 57.0% | 68.9% |
| Net Debt | 355 | 410 | -107 | 1,951 |
| Cash & Equivalents | 42 | 30 | 3,130 | 412 |
| Total Debt | 398 | 439 | 3,023 | 2,363 |
| Liquidity & working capital | ||||
| Current Ratio | 8.88x | 10.59x | 4.59x | 3.30x |
| Quick Ratio | 8.88x | 10.59x | 4.59x | 3.30x |
| Cash Ratio | 0.34x | 0.15x | 2.95x | 0.44x |
| Total Current Assets | 1,108 | 2,048 | 4,877 | 3,110 |
| Total Current Liabilities | 125 | 193 | 1,062 | 943 |
| Inventory | N/A | N/A | N/A | N/A |
| Trade Receivables | 240 | 112 | 174 | 631 |
| Trade Payables | 123 | 148 | 234 | 53 |
| Net Working Capital | 983 | 1,854 | 3,815 | 2,167 |
| Net Working Capital % of Revenue | 42.4% | 43.4% | 98.6% | 42.1% |
| Trade Working Capital | 116 | -36 | -59 | 578 |
| Trade Working Capital % of Revenue | 5.0% | -0.8% | -1.5% | 11.3% |
| Change in Trade Working Capital | N/A | -152 | -23 | 638 |
| Turnover & efficiency | ||||
| Inventory Turnover | N/A | N/A | N/A | N/A |
| Days Inventory Outstanding (DIO) | N/A | N/A | N/A | N/A |
| Receivables Turnover | 9.67x | 38.23x | 22.18x | 8.15x |
| Days Sales Outstanding (DSO) | 37.7 | 9.5 | 16.5 | 44.8 |
| Payables Turnover | 9.94x | 18.24x | 8.69x | 98.72x |
| Days Payable Outstanding (DPO) | 36.7 | 20.0 | 42.0 | 3.7 |
| Cash Conversion Cycle | 1.0 days | -10.5 days | -25.5 days | 41.1 days |
| Asset Turnover | 1.08x | 1.26x | 0.50x | 0.61x |
| Cash flow & dividends | ||||
| Operating Cash Flow | 516 | 1,443 | 1,809 | N/A |
| Free Cash Flow (OCF − Capex proxy) | 207 | 888 | 423 | N/A |
| Cash Conversion (OCF / EBITDA) | 54.2% | 120.3% | 109.8% | N/A |
| Dividends Declared | N/A | N/A | N/A | N/A |
| Dividend Payout Ratio | 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.