Ratio	2020	2021	2022	2023
Margins
Gross Margin	24.7%	37.4%	23.1%	N/A
EBITDA Margin	24.3%	36.9%	22.4%	N/A
EBITDAR	4,102	7,531	3,223	-37
EBITDAR Margin	24.3%	36.9%	22.4%	N/A
EBIT Margin	24.3%	36.9%	22.4%	N/A
Net Profit Margin	24.1%	36.7%	22.3%	N/A
Operating Expense % of Sales	0.4%	0.5%	0.7%	N/A
Returns
Return on Assets (ROA)	235.9%	119.8%	73.1%	-3.0%
Return on Equity (ROE)	2166.8%	281.6%	168.4%	-4.2%
ROIC [EBIT / Invested Capital]	268.7%	146.5%	75.8%	-4.5%
Leverage & liquidity
Debt-to-Assets	89.1%	57.5%	56.6%	0.0%
Debt-to-Equity	8.19x	1.35x	1.30x	0.00x
Debt-to-EBITDA	0.37x	0.48x	0.77x	N/A
Equity-to-Assets	10.9%	42.5%	43.4%	70.6%
Net Debt	1,339	2,480	2,351	-45
Cash & Equivalents	196	1,114	130	45
Total Debt	1,535	3,594	2,481	N/A
Efficiency & working capital
Inventory Turnover	N/A	N/A	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	N/A	N/A	N/A
Receivables Turnover	N/A	6.36x	3.48x	N/A
Days Sales Outstanding (DSO)	N/A	57.4	105.0	N/A
Payables Turnover	N/A	N/A	N/A	N/A
Days Payable Outstanding (DPO)	N/A	N/A	N/A	N/A
Cash Conversion Cycle	N/A	57.4 days	105.0 days	N/A
Asset Turnover	9.78x	3.26x	3.28x	0.00x
Cash flow & dividends
Operating Cash Flow	N/A	N/A	N/A	N/A
Free Cash Flow (OCF − Capex proxy)	N/A	N/A	N/A	N/A
Cash Conversion (OCF / EBITDA)	N/A	N/A	N/A	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 ₾ '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

Shareholders

ემინ ჰუსეინოვ100.0%

ემინ ჰუსეინოვPartner / Shareholder100.0%

Directors & board

ემინ ჰუსეინოვDirector ნანა ვალიევიDirector

Ownership & directors from companyinfo.ge (public corporate registry).