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Operates in Gambling — Arcade & Amusement. Per the activity note to the FY2023 annual report, the company carries out gaming and gambling business. Operates under Vegas Bet brand; ownership split equally among three partners.
| Ratio | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross Margin | 97.3% | 97.2% | 100.0% | 100.0% | 100.0% | 100.0% |
| EBITDA Margin | 31.4% | 25.6% | 16.8% | 22.0% | 9.3% | 3.1% |
| EBITDAR | 4,578 | 4,041 | 710 | 1,601 | 1,707 | 1,098 |
| EBITDAR Margin | 52.4% | 50.5% | 42.2% | 53.6% | 44.3% | 68.3% |
| EBIT Margin | 17.9% | 12.1% | -51.0% | -2.9% | -20.8% | -33.3% |
| Net Profit Margin | 18.8% | 13.0% | -47.4% | 0.9% | -23.7% | -31.6% |
| Operating Expense % of Sales | 65.9% | 71.6% | 83.2% | 78.0% | 90.7% | 96.9% |
| Returns | ||||||
| Return on Assets (ROA) | 33.1% | 27.1% | -53.5% | 0.4% | -20.6% | -367.3% |
| Return on Equity (ROE) | 60.6% | 38.8% | -70.6% | 1.5% | -75.1% | -368.1% |
| ROIC [EBIT / Invested Capital] | 95.3% | 53.4% | -255.4% | -9.3% | -90.3% | -388.4% |
| Leverage & debt balances | ||||||
| Debt-to-Assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt-to-Equity | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Debt-to-EBITDA | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Equity-to-Assets | 54.7% | 69.9% | 75.9% | 28.3% | 27.5% | 99.8% |
| Net Debt | -1,077 | -864 | -794 | -789 | -330 | -0 |
| Cash & Equivalents | 1,077 | 864 | 794 | 789 | 330 | 0 |
| Total Debt | N/A | N/A | N/A | N/A | N/A | N/A |
| Liquidity & working capital | ||||||
| Current Ratio | 5.70x | 7.20x | 2.46x | 0.27x | 0.22x | 33.55x |
| Quick Ratio | 5.70x | 7.05x | 2.37x | 0.27x | 0.22x | 33.55x |
| Cash Ratio | 3.77x | 4.40x | 2.21x | 0.18x | 0.10x | 0.32x |
| Total Current Assets | 1,629 | 1,414 | 884 | 1,162 | 714 | 10 |
| Total Current Liabilities | 286 | 196 | 360 | 4,333 | 3,217 | 0 |
| Inventory | N/A | 29 | 31 | N/A | N/A | N/A |
| Trade Receivables | 0 | 0 | 1 | 252 | 260 | N/A |
| Trade Payables | 207 | 196 | 360 | 333 | 217 | 0 |
| Net Working Capital | 1,343 | 1,218 | 524 | -3,171 | -2,503 | 10 |
| Net Working Capital % of Revenue | 15.4% | 15.2% | 31.1% | -106.2% | -65.0% | 0.6% |
| Trade Working Capital | -207 | -167 | -327 | -81 | 43 | -0 |
| Trade Working Capital % of Revenue | -2.4% | -2.1% | -19.5% | -2.7% | 1.1% | -0.0% |
| Change in Trade Working Capital | N/A | 40 | -160 | 247 | 124 | -43 |
| Turnover & efficiency | ||||||
| Inventory Turnover | N/A | 7.84x | N/A | N/A | N/A | N/A |
| Days Inventory Outstanding (DIO) | N/A | 46.6 | N/A | N/A | N/A | N/A |
| Receivables Turnover | 87385.41x | 31896.06x | 1405.84x | 11.85x | 14.82x | N/A |
| Days Sales Outstanding (DSO) | 0.0 | 0.0 | 0.3 | 30.8 | 24.6 | N/A |
| Payables Turnover | 1.15x | 1.14x | N/A | N/A | N/A | N/A |
| Days Payable Outstanding (DPO) | 317.9 | 318.8 | N/A | N/A | N/A | N/A |
| Cash Conversion Cycle | -317.9 days | -272.2 days | 0.3 days | 30.8 days | 24.6 days | N/A |
| Asset Turnover | 1.76x | 2.09x | 1.13x | 0.49x | 0.87x | 11.64x |
| Cash flow & dividends | ||||||
| Operating Cash Flow | 1,645 | 734 | 593 | -21 | -485 | -374 |
| Free Cash Flow (OCF − Capex proxy) | 1,686 | 791 | 647 | -5 | -459 | -330 |
| Cash Conversion (OCF / EBITDA) | 59.9% | 35.8% | 210.2% | -3.2% | -135.3% | -746.5% |
| Dividends Declared | 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 |
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).
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