Ratio	2018	2019
Margins
Gross Margin	10.7%	4.8%
EBITDA Margin	-5.6%	-8.9%
EBITDAR	-121	-489
EBITDAR Margin	-5.6%	-8.9%
EBIT Margin	-8.4%	-14.4%
Net Profit Margin	-5.6%	-8.7%
Operating Expense % of Sales	16.2%	13.7%
Returns
Return on Assets (ROA)	-4.1%	-247.4%
Return on Equity (ROE)	N/A	N/A
ROIC [EBIT / Invested Capital]	N/A	N/A
Leverage & debt balances
Debt-to-Assets	0.0%	0.0%
Debt-to-Equity	-0.00x	-0.00x
Debt-to-EBITDA	N/A	N/A
Equity-to-Assets	-1.6%	-271.5%
Net Debt	-571	-54
Cash & Equivalents	571	54
Total Debt	N/A	N/A
Liquidity & working capital
Current Ratio	N/A	N/A
Quick Ratio	N/A	N/A
Cash Ratio	N/A	N/A
Total Current Assets	614	63
Total Current Liabilities	N/A	N/A
Inventory	N/A	N/A
Trade Receivables	43	N/A
Trade Payables	2,470	719
Net Working Capital	614	63
Net Working Capital % of Revenue	28.3%	1.1%
Trade Working Capital	-2,428	-719
Trade Working Capital % of Revenue	-112.1%	-13.1%
Change in Trade Working Capital	N/A	1,708
Turnover & efficiency
Inventory Turnover	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	N/A
Receivables Turnover	50.94x	N/A
Days Sales Outstanding (DSO)	7.2	N/A
Payables Turnover	0.78x	7.27x
Days Payable Outstanding (DPO)	465.9	50.2
Cash Conversion Cycle	-458.8 days	-50.2 days
Asset Turnover	0.73x	28.35x
Cash flow & dividends
Operating Cash Flow	557	-202
Free Cash Flow (OCF − Capex proxy)	-24	2
Cash Conversion (OCF / EBITDA)	N/A	N/A
Dividends Declared	N/A	N/A
Dividend Payout Ratio	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