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 9,000 — 3-yr total 9,000
Operates in Non-bank Credit (MFO/Leasing) — Money Transfer. Per the activity note to the FY2024 annual report, the company provides money transfer services.
Subsidiary of Atlas Holdings (100.0%)
| Ratio | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross Margin | 79.9% | 84.2% | 91.0% | 96.3% | 97.0% | 98.9% | 98.0% |
| EBITDA Margin | -15.8% | 20.9% | 11.4% | 57.3% | -0.5% | 56.8% | 48.4% |
| EBITDAR | -259 | 759 | 434 | 5,608 | -43 | 10,305 | 4,679 |
| EBITDAR Margin | -15.8% | 20.9% | 11.4% | 57.3% | -0.5% | 56.8% | 48.4% |
| EBIT Margin | -18.6% | 7.2% | -7.0% | 43.5% | -20.1% | 44.3% | 33.2% |
| Net Profit Margin | -17.8% | 0.8% | -12.1% | 43.9% | -18.2% | 47.2% | 38.7% |
| Operating Expense % of Sales | 95.7% | 65.9% | 79.7% | 39.0% | 97.6% | 42.4% | 49.8% |
| Returns | |||||||
| Return on Assets (ROA) | -6.6% | 0.3% | -3.4% | 23.7% | -8.5% | 29.7% | 17.1% |
| Return on Equity (ROE) | -26.2% | 2.5% | -48.4% | 78.8% | -44.3% | 69.4% | 52.7% |
| ROIC [EBIT / Invested Capital] | -95.6% | N/A | N/A | N/A | N/A | N/A | N/A |
| Leverage & debt balances | |||||||
| Debt-to-Assets | 25.6% | 10.6% | 6.9% | 3.3% | 2.6% | 3.3% | 4.5% |
| Debt-to-Equity | 1.01x | 0.80x | 0.97x | 0.11x | 0.13x | 0.08x | 0.14x |
| Debt-to-EBITDA | N/A | 1.21x | 2.14x | 0.11x | N/A | 0.09x | 0.21x |
| Equity-to-Assets | 25.4% | 13.1% | 7.1% | 30.0% | 19.3% | 42.8% | 32.4% |
| Net Debt | -795 | -4,884 | -8,811 | -10,557 | -7,648 | -15,302 | -7,404 |
| Cash & Equivalents | 1,920 | 5,802 | 9,738 | 11,157 | 8,156 | 16,247 | 8,381 |
| Total Debt | 1,125 | 918 | 927 | 600 | 508 | 945 | 977 |
| Liquidity & working capital | |||||||
| Current Ratio | 1.06x | 0.95x | 0.88x | 1.21x | 1.02x | 1.64x | 1.30x |
| Quick Ratio | 1.06x | 0.95x | 0.88x | 1.21x | 1.02x | 1.64x | 1.30x |
| Cash Ratio | 0.81x | 0.84x | 0.81x | 0.89x | 0.52x | 1.03x | 0.59x |
| Total Current Assets | 2,525 | 6,535 | 10,619 | 15,073 | 15,894 | 25,926 | 18,339 |
| Total Current Liabilities | 2,376 | 6,870 | 12,001 | 12,491 | 15,551 | 15,770 | 14,106 |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Trade Receivables | 564 | 601 | 841 | 3,744 | 7,432 | 9,539 | 9,890 |
| Trade Payables | 2,153 | 6,630 | 11,590 | 12,104 | 15,099 | 15,577 | 13,826 |
| Net Working Capital | 149 | -335 | -1,382 | 2,582 | 343 | 10,156 | 4,233 |
| Net Working Capital % of Revenue | 9.1% | -9.2% | -36.3% | 26.4% | 3.7% | 56.0% | 43.8% |
| Trade Working Capital | -1,589 | -6,029 | -10,749 | -8,360 | -7,667 | -6,038 | -3,936 |
| Trade Working Capital % of Revenue | -96.9% | -166.2% | -282.0% | -85.5% | -83.4% | -33.3% | -40.7% |
| Change in Trade Working Capital | N/A | -4,440 | -4,720 | 2,389 | 693 | 1,629 | 2,102 |
| Turnover & efficiency | |||||||
| Inventory Turnover | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Days Inventory Outstanding (DIO) | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Receivables Turnover | 2.91x | 6.04x | 4.53x | 2.61x | 1.24x | 1.90x | 0.98x |
| Days Sales Outstanding (DSO) | 125.5 | 60.5 | 80.5 | 139.7 | 295.0 | 191.9 | 373.1 |
| Payables Turnover | 0.15x | 0.09x | 0.03x | 0.03x | 0.02x | 0.01x | 0.01x |
| Days Payable Outstanding (DPO) | 2388.6 | 4208.6 | 12369.4 | 12104.0 | 19753.2 | 27466.7 | 26012.8 |
| Cash Conversion Cycle | -2263.1 days | -4148.1 days | -12288.9 days | -11964.3 days | -19458.2 days | -27274.7 days | -25639.7 days |
| Asset Turnover | 0.37x | 0.42x | 0.28x | 0.54x | 0.47x | 0.63x | 0.44x |
| Cash flow & dividends | |||||||
| Operating Cash Flow | 1,907 | 4,915 | 5,382 | 3,064 | -786 | 9,776 | 2,655 |
| Free Cash Flow (OCF − Capex proxy) | 1,193 | 4,102 | 4,182 | 1,799 | -2,538 | 8,364 | 1,351 |
| Cash Conversion (OCF / EBITDA) | N/A | 647.6% | 1240.1% | 54.6% | N/A | 94.9% | 56.7% |
| Dividends Declared | 0 | 0 | 0 | 0 | 0 | 0 | 9,000 |
| Dividend Payout Ratio | N/A | 0.0% | N/A | 0.0% | N/A | 0.0% | 240.5% |
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 →