Loading…
* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 0 · FY2023 0 · FY2024 0
Operates in Oil & Gas — Distribution - Fuel. Per the activity note to the FY2024 annual report, the company imports, refines and wholesales petroleum products on both the domestic and international markets.
| Ratio | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross Margin | 5.1% | 15.6% | 10.3% | 8.3% | 12.3% | 5.8% | 9.5% |
| EBITDA Margin | 3.4% | 11.6% | 3.2% | 6.5% | 11.0% | 3.7% | 7.7% |
| EBITDAR | 872 | 5,262 | 1,154 | 4,636 | 10,009 | 3,196 | 7,202 |
| EBITDAR Margin | 3.4% | 11.6% | 3.2% | 6.5% | 11.0% | 3.7% | 7.7% |
| EBIT Margin | 3.4% | 11.6% | 3.2% | 6.2% | 10.8% | 3.4% | 7.3% |
| Net Profit Margin | -4.5% | 7.3% | -2.2% | 6.0% | 11.0% | 1.4% | 4.1% |
| Operating Expense % of Sales | 1.7% | 4.1% | 7.0% | 1.8% | 1.3% | 2.1% | 1.8% |
| Returns | |||||||
| Return on Assets (ROA) | -10.5% | 23.6% | -5.7% | 22.0% | 36.9% | 2.6% | 7.1% |
| Return on Equity (ROE) | N/A | 52.2% | -14.3% | 44.2% | 50.8% | 5.7% | 16.6% |
| ROIC [EBIT / Invested Capital] | 8.9% | 42.0% | 10.4% | 26.3% | 40.6% | 7.2% | 14.4% |
| Leverage & debt balances | |||||||
| Debt-to-Assets | 95.1% | 43.5% | 43.5% | 39.8% | 18.7% | 41.3% | 50.5% |
| Debt-to-Equity | -14.75x | 0.96x | 1.09x | 0.80x | 0.26x | 0.91x | 1.17x |
| Debt-to-EBITDA | 12.00x | 1.17x | 5.12x | 1.67x | 0.51x | 5.93x | 3.77x |
| Equity-to-Assets | -6.4% | 45.3% | 40.0% | 49.9% | 72.7% | 45.6% | 43.0% |
| Net Debt | 10,459 | 6,138 | 5,708 | 7,209 | 4,459 | 18,852 | 24,623 |
| Cash & Equivalents | 4 | 7 | 196 | 526 | 608 | 102 | 2,497 |
| Total Debt | 10,462 | 6,145 | 5,904 | 7,735 | 5,067 | 18,954 | 27,120 |
| Liquidity & working capital | |||||||
| Current Ratio | 3.52x | 4.67x | 3.95x | 1.78x | 2.90x | 3.38x | 1.00x |
| Quick Ratio | 0.57x | 1.73x | 2.01x | 0.49x | 0.65x | 0.69x | -0.13x |
| Cash Ratio | 0.00x | 0.00x | 0.07x | 0.06x | 0.09x | 0.01x | 0.08x |
| Total Current Assets | 8,463 | 11,225 | 10,463 | 15,788 | 20,475 | 39,139 | 30,628 |
| Total Current Liabilities | 2,403 | 2,402 | 2,650 | 8,877 | 7,054 | 11,564 | 30,628 |
| Inventory | 7,092 | 7,070 | 5,130 | 11,447 | 15,901 | 31,127 | 34,520 |
| Trade Receivables | 1,369 | 4,147 | 4,933 | 3,815 | 3,966 | 7,909 | 9,071 |
| Trade Payables | 1,249 | 1,595 | 2,232 | 946 | 690 | 5,021 | 2,549 |
| Net Working Capital | 6,060 | 8,823 | 7,813 | 6,911 | 13,421 | 27,574 | 0 |
| Net Working Capital % of Revenue | 23.9% | 19.4% | 21.9% | 9.7% | 14.8% | 32.3% | 0.0% |
| Trade Working Capital | 7,212 | 9,623 | 7,831 | 14,317 | 19,177 | 34,016 | 41,043 |
| Trade Working Capital % of Revenue | 28.5% | 21.2% | 21.9% | 20.1% | 21.1% | 39.9% | 43.9% |
| Change in Trade Working Capital | N/A | 2,411 | -1,792 | 6,485 | 4,861 | 14,838 | 7,027 |
| Turnover & efficiency | |||||||
| Inventory Turnover | 3.39x | 5.43x | 6.25x | 5.71x | 5.01x | 2.58x | 2.45x |
| Days Inventory Outstanding (DIO) | 107.8 | 67.3 | 58.4 | 63.9 | 72.9 | 141.4 | 148.8 |
| Receivables Turnover | 18.49x | 10.96x | 7.24x | 18.68x | 22.88x | 10.78x | 10.32x |
| Days Sales Outstanding (DSO) | 19.7 | 33.3 | 50.4 | 19.5 | 16.0 | 33.8 | 35.4 |
| Payables Turnover | 19.23x | 24.05x | 14.36x | 69.13x | 115.40x | 16.00x | 33.21x |
| Days Payable Outstanding (DPO) | 19.0 | 15.2 | 25.4 | 5.3 | 3.2 | 22.8 | 11.0 |
| Cash Conversion Cycle | 108.5 days | 85.4 days | 83.4 days | 78.2 days | 85.7 days | 152.5 days | 173.2 days |
| Asset Turnover | 2.30x | 3.22x | 2.63x | 3.66x | 3.35x | 1.86x | 1.74x |
| Cash flow & dividends | |||||||
| Operating Cash Flow | -1,074 | 2,116 | 2,604 | -765 | 5,873 | -13,191 | -947 |
| Free Cash Flow (OCF − Capex proxy) | -1,077 | 2,109 | 2,405 | -1,229 | 3,074 | -13,253 | -962 |
| Cash Conversion (OCF / EBITDA) | -123.2% | 40.2% | 225.7% | -16.5% | 58.7% | -412.7% | -13.1% |
| Dividends Declared | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Payout Ratio | N/A | 0.0% | N/A | 0.0% | 0.0% | 0.0% | 0.0% |
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).
Ranked by how close each latest revenue is to this one — not a curated comp set. Open this set in Compare →