Ratio	2023	2024
Margins
Gross Margin	21.1%	26.3%
EBITDA Margin	3.9%	10.1%
EBITDAR	146	423
EBITDAR Margin	4.5%	11.3%
EBIT Margin	3.9%	10.1%
Net Profit Margin	2.1%	9.5%
Operating Expense % of Sales	17.2%	16.1%
Returns
Return on Assets (ROA)	4.9%	26.1%
Return on Equity (ROE)	N/A	272.5%
ROIC [EBIT / Invested Capital]	15.9%	32.6%
Leverage & liquidity
Debt-to-Assets	82.3%	82.2%
Debt-to-Equity	-9.05x	8.59x
Debt-to-EBITDA	8.86x	2.95x
Equity-to-Assets	-9.1%	9.6%
Net Debt	915	1,031
Cash & Equivalents	199	84
Total Debt	1,114	1,114
Efficiency & working capital
Inventory Turnover	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	N/A
Receivables Turnover	3.35x	8.09x
Days Sales Outstanding (DSO)	108.8	45.1
Payables Turnover	8.94x	92.27x
Days Payable Outstanding (DPO)	40.8	4.0
Cash Conversion Cycle	68.0 days	41.2 days
Asset Turnover	2.38x	2.75x
Cash flow & dividends
Operating Cash Flow	N/A	N/A
Free Cash Flow (OCF − Capex proxy)	N/A	N/A
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