Ratio	2018	2019	2020
Margins
Gross Margin	100.0%	100.0%	100.0%
EBITDA Margin	15.3%	18.9%	-667.0%
EBITDAR	321	1,094	-199
EBITDAR Margin	15.3%	18.9%	-650.6%
EBIT Margin	15.3%	18.9%	-673.5%
Net Profit Margin	15.3%	18.9%	-673.5%
Operating Expense % of Sales	84.7%	81.1%	767.0%
Returns
Return on Assets (ROA)	91.2%	75.6%	-88.0%
Return on Equity (ROE)	91.2%	75.6%	-88.0%
ROIC [EBIT / Invested Capital]	301.6%	317.6%	-2627.8%
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	N/A
Equity-to-Assets	100.0%	100.0%	100.0%
Net Debt	-246	-1,101	-226
Cash & Equivalents	246	1,101	226
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	108.44x	N/A
Days Sales Outstanding (DSO)	N/A	3.4	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	3.4 days	N/A
Asset Turnover	5.95x	4.00x	0.13x
Cash flow & dividends
Operating Cash Flow	212	856	N/A
Free Cash Flow (OCF − Capex proxy)	212	856	N/A
Cash Conversion (OCF / EBITDA)	66.2%	78.2%	N/A
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