შპს გლასკო

Ratio	2018	2019	2020	2021	2022	2023	2024
Margins
Gross Margin	47.3%	49.9%	49.0%	48.3%	47.2%	44.0%	56.6%
EBITDA Margin	-6.8%	29.4%	28.1%	21.7%	14.8%	-13.8%	22.2%
EBITDAR	-116	1,086	839	877	679	-430	1,889
EBITDAR Margin	-5.5%	30.8%	29.7%	23.1%	17.4%	-11.7%	24.0%
EBIT Margin	-7.6%	28.7%	25.5%	19.3%	11.3%	-15.8%	21.2%
Net Profit Margin	-8.0%	28.4%	17.1%	19.7%	13.9%	-22.6%	18.6%
Operating Expense % of Sales	54.1%	20.5%	21.0%	26.6%	32.4%	57.8%	34.4%
Returns
Return on Assets (ROA)	-5.2%	26.0%	10.0%	11.5%	4.9%	-6.1%	9.8%
Return on Equity (ROE)	-60.4%	92.6%	30.9%	34.8%	21.3%	-50.9%	48.0%
ROIC [EBIT / Invested Capital]	-68.4%	56.8%	29.0%	24.9%	7.7%	-14.0%	22.5%
Leverage & liquidity
Debt-to-Assets	0.0%	19.1%	21.5%	17.5%	29.6%	18.7%	29.4%
Debt-to-Equity	0.00x	0.68x	0.66x	0.53x	1.28x	1.57x	1.44x
Debt-to-EBITDA	N/A	0.71x	1.31x	1.39x	5.68x	N/A	2.51x
Equity-to-Assets	8.6%	28.1%	32.5%	33.0%	23.1%	11.9%	20.4%
Net Debt	-47	699	915	801	3,179	2,525	4,358
Cash & Equivalents	47	38	123	341	107	34	21
Total Debt	N/A	737	1,037	1,142	3,287	2,559	4,379
Efficiency & working capital
Inventory Turnover	N/A	0.84x	0.84x	N/A	N/A	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	434.0	434.8	N/A	N/A	N/A	N/A
Receivables Turnover	79.63x	3.26x	2.02x	2.63x	9.02x	4.81x	7.98x
Days Sales Outstanding (DSO)	4.6	111.9	180.3	138.9	40.5	76.0	45.8
Payables Turnover	0.37x	0.87x	0.65x	0.61x	4.33x	2.74x	3.57x
Days Payable Outstanding (DPO)	977.9	420.4	562.7	598.4	84.4	133.2	102.3
Cash Conversion Cycle	-973.3 days	125.6 days	52.4 days	-459.6 days	-43.9 days	-57.3 days	-56.5 days
Asset Turnover	0.65x	0.91x	0.59x	0.58x	0.35x	0.27x	0.53x
Cash flow & dividends
Operating Cash Flow	10	-9	2,827	4,482	N/A	N/A	N/A
Free Cash Flow (OCF − Capex proxy)	10	-9	2,827	4,482	N/A	N/A	N/A
Cash Conversion (OCF / EBITDA)	N/A	-0.9%	356.5%	544.4%	N/A	N/A	N/A
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 ₾ '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