Ratio	2022	2023
Margins
Gross Margin	100.0%	100.0%
EBITDA Margin	58.3%	51.9%
EBITDAR	1,940	2,422
EBITDAR Margin	58.3%	51.9%
EBIT Margin	58.1%	51.7%
Net Profit Margin	53.4%	50.3%
Operating Expense % of Sales	41.7%	48.1%
Returns
Return on Assets (ROA)	127.4%	95.9%
Return on Equity (ROE)	139.0%	114.9%
ROIC [EBIT / Invested Capital]	220.4%	218.8%
Leverage & liquidity
Debt-to-Assets	0.0%	0.0%
Debt-to-Equity	0.00x	0.00x
Debt-to-EBITDA	0.00x	0.00x
Equity-to-Assets	91.7%	83.4%
Net Debt	-402	-940
Cash & Equivalents	402	940
Total Debt	N/A	N/A
Efficiency & working capital
Inventory Turnover	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	N/A
Receivables Turnover	5.30x	5.41x
Days Sales Outstanding (DSO)	68.9	67.5
Payables Turnover	N/A	N/A
Days Payable Outstanding (DPO)	N/A	N/A
Cash Conversion Cycle	68.9 days	67.5 days
Asset Turnover	2.39x	1.91x
Cash flow & dividends
Operating Cash Flow	2,865	4,432
Free Cash Flow (OCF − Capex proxy)	2,865	4,432
Cash Conversion (OCF / EBITDA)	147.7%	183.0%
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