Ratio	2018	2019	2020
Margins
Gross Margin	100.0%	100.0%	100.0%
EBITDA Margin	91.8%	94.7%	81.3%
EBITDAR	17,379	18,750	3,218
EBITDAR Margin	92.9%	95.9%	86.1%
EBIT Margin	91.8%	94.7%	81.2%
Net Profit Margin	91.7%	94.6%	80.5%
Operating Expense % of Sales	8.2%	5.3%	18.7%
Returns
Return on Assets (ROA)	846.3%	2090.4%	316.8%
Return on Equity (ROE)	853.9%	2148.7%	319.9%
ROIC [EBIT / Invested Capital]	26421.5%	115687.5%	27581.8%
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	0.00x
Equity-to-Assets	99.1%	97.3%	99.1%
Net Debt	-1,945	-845	-930
Cash & Equivalents	1,945	845	930
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	N/A	N/A
Days Sales Outstanding (DSO)	N/A	N/A	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	N/A	N/A
Asset Turnover	9.23x	22.09x	3.93x
Cash flow & dividends
Operating Cash Flow	17,234	18,559	3,010
Free Cash Flow (OCF − Capex proxy)	17,234	18,559	3,010
Cash Conversion (OCF / EBITDA)	100.3%	100.2%	99.1%
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