შპს აი თი სი ჯგუფი

Ratio	2018	2019	2020	2021
Margins
Gross Margin	25.6%	26.7%	29.2%	13.4%
EBITDA Margin	10.9%	13.3%	17.9%	2.2%
EBITDAR	255	334	363	76
EBITDAR Margin	14.1%	16.8%	20.1%	6.7%
EBIT Margin	10.7%	13.1%	17.7%	1.9%
Net Profit Margin	10.9%	7.4%	-2.5%	8.7%
Operating Expense % of Sales	14.6%	13.4%	11.3%	11.1%
Returns
Return on Assets (ROA)	15.5%	9.1%	-2.1%	8.8%
Return on Equity (ROE)	19.0%	28.3%	-9.3%	17.2%
ROIC [EBIT / Invested Capital]	19.0%	21.7%	28.7%	2.2%
Leverage & liquidity
Debt-to-Assets	8.8%	47.3%	40.3%	42.1%
Debt-to-Equity	0.11x	1.47x	1.81x	0.82x
Debt-to-EBITDA	0.57x	2.90x	2.68x	18.72x
Equity-to-Assets	81.5%	32.2%	22.2%	51.3%
Net Debt	-19	676	632	376
Cash & Equivalents	131	91	231	95
Total Debt	113	767	863	472
Efficiency & working capital
Inventory Turnover	N/A	1.05x	0.80x	1.62x
Days Inventory Outstanding (DIO)	N/A	346.2	455.6	224.7
Receivables Turnover	88.54x	68.61x	156.60x	57.17x
Days Sales Outstanding (DSO)	4.1	5.3	2.3	6.4
Payables Turnover	13.14x	5.43x	1.71x	34.22x
Days Payable Outstanding (DPO)	27.8	67.2	212.8	10.7
Cash Conversion Cycle	-23.6 days	284.3 days	245.1 days	220.4 days
Asset Turnover	1.42x	1.23x	0.84x	1.01x
Cash flow & dividends
Operating Cash Flow	11	32	500	298
Free Cash Flow (OCF − Capex proxy)	11	32	214	-96
Cash Conversion (OCF / EBITDA)	5.7%	12.3%	155.1%	1182.4%
Dividends Declared	N/A	N/A	N/A	N/A
Dividend Payout Ratio	N/A	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