Ratio	2023	2024
Margins
Gross Margin	25.1%	35.2%
EBITDA Margin	17.4%	31.2%
EBITDAR	1,315	3,177
EBITDAR Margin	17.4%	31.2%
EBIT Margin	16.4%	30.7%
Net Profit Margin	15.2%	29.8%
Operating Expense % of Sales	7.7%	4.0%
Returns
Return on Assets (ROA)	38.3%	64.0%
Return on Equity (ROE)	134.1%	115.2%
ROIC [EBIT / Invested Capital]	111.6%	95.9%
Leverage & liquidity
Debt-to-Assets	26.6%	20.7%
Debt-to-Equity	0.93x	0.37x
Debt-to-EBITDA	0.61x	0.31x
Equity-to-Assets	28.5%	55.5%
Net Debt	257	626
Cash & Equivalents	541	353
Total Debt	797	979
Efficiency & working capital
Inventory Turnover	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	N/A
Receivables Turnover	38.35x	33.11x
Days Sales Outstanding (DSO)	9.5	11.0
Payables Turnover	6.45x	6.65x
Days Payable Outstanding (DPO)	56.6	54.9
Cash Conversion Cycle	-47.1 days	-43.9 days
Asset Turnover	2.52x	2.15x
Cash flow & dividends
Operating Cash Flow	N/A	N/A
Free Cash Flow (OCF − Capex proxy)	N/A	N/A
Cash Conversion (OCF / EBITDA)	N/A	N/A
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