Ratio	2022	2023	2024
Margins
Gross Margin	100.0%	100.0%	100.0%
EBITDA Margin	5.6%	4.1%	1.7%
EBITDAR	250	256	117
EBITDAR Margin	6.4%	4.9%	2.6%
EBIT Margin	5.5%	4.0%	1.5%
Net Profit Margin	4.3%	3.8%	1.6%
Operating Expense % of Sales	94.4%	95.9%	98.3%
Returns
Return on Assets (ROA)	14.8%	12.4%	6.0%
Return on Equity (ROE)	100.0%	54.3%	15.8%
ROIC [EBIT / Invested Capital]	N/A	N/A	N/A
Leverage & liquidity
Debt-to-Assets	0.0%	0.0%	0.0%
Debt-to-Equity	0.00x	0.00x	0.00x
Debt-to-EBITDA	0.00x	0.00x	0.00x
Equity-to-Assets	14.8%	22.9%	38.2%
Net Debt	-1,110	-1,582	-1,123
Cash & Equivalents	1,110	1,582	1,123
Total Debt	N/A	N/A	N/A
Efficiency & working capital
Inventory Turnover	N/A	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	N/A	N/A
Receivables Turnover	1103.82x	1435.39x	1074.93x
Days Sales Outstanding (DSO)	0.3	0.3	0.3
Payables Turnover	N/A	N/A	N/A
Days Payable Outstanding (DPO)	N/A	N/A	N/A
Cash Conversion Cycle	0.3 days	0.3 days	0.3 days
Asset Turnover	3.45x	3.27x	3.87x
Cash flow & dividends
Operating Cash Flow	1,159	483	-461
Free Cash Flow (OCF − Capex proxy)	1,159	483	-461
Cash Conversion (OCF / EBITDA)	526.9%	223.4%	-621.4%
Dividends Declared	N/A	N/A	N/A
Dividend Payout Ratio	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