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
Apparel retailer in Georgia operating international fashion brand franchises.
Group parent — controls 2 companies · ownership
| Ratio | 2020 | 2021 | 2023 | 2024 |
|---|---|---|---|---|
| Margins | ||||
| Gross Margin | 42.1% | 47.4% | 56.1% | 53.1% |
| EBITDA Margin | 6.1% | 13.2% | 9.7% | 11.0% |
| EBITDAR | 1,573 | 3,755 | 4,606 | 6,137 |
| EBITDAR Margin | 6.1% | 13.2% | 9.7% | 11.0% |
| EBIT Margin | 6.1% | 13.2% | 9.7% | 11.0% |
| Net Profit Margin | -6.2% | 11.7% | 7.8% | 11.2% |
| Operating Expense % of Sales | 36.0% | 34.2% | 46.4% | 42.1% |
| Returns | ||||
| Return on Assets (ROA) | -11.0% | 24.5% | 11.5% | 16.9% |
| Return on Equity (ROE) | N/A | 192.7% | 20.5% | 25.7% |
| ROIC [EBIT / Invested Capital] | 30.9% | 74.3% | 26.7% | 25.6% |
| Leverage & debt balances | ||||
| Debt-to-Assets | 57.5% | 52.4% | 18.5% | 17.1% |
| Debt-to-Equity | -5.24x | 4.12x | 0.33x | 0.26x |
| Debt-to-EBITDA | 5.31x | 1.89x | 1.29x | 1.03x |
| Equity-to-Assets | -11.0% | 12.7% | 56.3% | 65.6% |
| Net Debt | 6,692 | 3,332 | -740 | -310 |
| Cash & Equivalents | 1,658 | 3,758 | 6,664 | 6,610 |
| Total Debt | 8,350 | 7,090 | 5,924 | 6,300 |
| Liquidity & working capital | ||||
| Current Ratio | 0.70x | 0.84x | 2.02x | 2.44x |
| Quick Ratio | 0.27x | 0.54x | 1.05x | 1.32x |
| Cash Ratio | 0.11x | 0.32x | 0.54x | 0.56x |
| Total Current Assets | 10,104 | 9,898 | 24,817 | 28,559 |
| Total Current Liabilities | 14,504 | 11,798 | 12,286 | 11,714 |
| Inventory | 6,187 | 3,566 | 11,941 | 13,113 |
| Trade Receivables | 706 | 714 | 2,018 | 6,264 |
| Trade Payables | 7,595 | 4,546 | 8,063 | 6,385 |
| Net Working Capital | -4,400 | -1,900 | 12,531 | 16,845 |
| Net Working Capital % of Revenue | -17.0% | -6.7% | 26.4% | 30.3% |
| Trade Working Capital | -703 | -267 | 5,896 | 12,992 |
| Trade Working Capital % of Revenue | -2.7% | -0.9% | 12.4% | 23.4% |
| Change in Trade Working Capital | N/A | 436 | N/A | 7,096 |
| Turnover & efficiency | ||||
| Inventory Turnover | 2.42x | 4.20x | 1.74x | 1.99x |
| Days Inventory Outstanding (DIO) | 150.9 | 86.9 | 209.5 | 183.6 |
| Receivables Turnover | 36.63x | 39.87x | 23.48x | 8.87x |
| Days Sales Outstanding (DSO) | 10.0 | 9.2 | 15.5 | 41.1 |
| Payables Turnover | 1.97x | 3.29x | 2.58x | 4.08x |
| Days Payable Outstanding (DPO) | 185.3 | 110.9 | 141.5 | 89.4 |
| Cash Conversion Cycle | -24.4 days | -14.7 days | 83.6 days | 135.3 days |
| Asset Turnover | 1.78x | 2.10x | 1.48x | 1.51x |
| Cash flow & dividends | ||||
| Operating Cash Flow | 1,749 | 3,668 | 1,664 | 3,753 |
| Free Cash Flow (OCF − Capex proxy) | 1,749 | 3,668 | -576 | -215 |
| Cash Conversion (OCF / EBITDA) | 111.2% | 97.7% | 36.1% | 61.2% |
| Dividends Declared | 0 | 0 | 0 | 0 |
| Dividend Payout Ratio | N/A | 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 →