Ratio	2019	2020	2021
Margins
Gross Margin	N/A	N/A	N/A
EBITDA Margin	N/A	N/A	N/A
EBITDAR	357	505	579
EBITDAR Margin	N/A	N/A	N/A
EBIT Margin	N/A	N/A	N/A
Net Profit Margin	N/A	N/A	N/A
Operating Expense % of Sales	N/A	N/A	N/A
Returns
Return on Assets (ROA)	4.3%	8.0%	-1.5%
Return on Equity (ROE)	4.3%	8.0%	-1.5%
ROIC [EBIT / Invested Capital]	2.0%	2.7%	2.8%
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	100.0%	100.0%	99.9%
Net Debt	-19,617	-22,136	-19,539
Cash & Equivalents	19,617	22,136	19,539
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	N/A	N/A	N/A
Days Sales Outstanding (DSO)	N/A	N/A	N/A
Payables Turnover	N/A	N/A	N/A
Days Payable Outstanding (DPO)	N/A	N/A	N/A
Cash Conversion Cycle	N/A	N/A	N/A
Asset Turnover	0.00x	0.00x	0.00x
Cash flow & dividends
Operating Cash Flow	-2	-4	84
Free Cash Flow (OCF − Capex proxy)	-483	-856	-1,768
Cash Conversion (OCF / EBITDA)	-0.6%	-0.8%	14.6%
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