შპს ფენიქსი-პროექტირების მენეჯმენტი / PHOENIX project management

Ratio	2018	2019	2020	2021	2022	2023	2024
Margins
Gross Margin	37.2%	44.7%	54.0%	64.3%	52.9%	52.9%	49.1%
EBITDA Margin	25.9%	11.3%	15.0%	47.1%	39.7%	35.4%	36.6%
EBITDAR	748	345	374	2,214	3,005	2,203	4,175
EBITDAR Margin	26.1%	13.2%	19.5%	49.6%	41.4%	37.4%	37.8%
EBIT Margin	25.7%	10.8%	12.6%	44.7%	37.4%	31.3%	34.2%
Net Profit Margin	25.5%	9.3%	-19.4%	44.6%	36.3%	19.0%	27.9%
Operating Expense % of Sales	11.3%	33.4%	39.0%	17.2%	13.3%	17.6%	12.5%
Returns
Return on Assets (ROA)	38.1%	6.8%	-5.9%	22.1%	20.7%	5.9%	11.4%
Return on Equity (ROE)	90.0%	24.0%	-36.1%	80.1%	53.6%	13.5%	28.1%
ROIC [EBIT / Invested Capital]	53.3%	9.3%	8.5%	36.6%	29.8%	14.2%	21.1%
Leverage & liquidity
Debt-to-Assets	46.2%	57.4%	29.7%	34.4%	37.1%	25.3%	26.7%
Debt-to-Equity	1.09x	2.02x	1.82x	1.25x	0.96x	0.58x	0.66x
Debt-to-EBITDA	1.19x	6.92x	6.53x	1.48x	1.64x	2.29x	1.80x
Equity-to-Assets	42.3%	28.4%	16.3%	27.5%	38.6%	43.9%	40.4%
Net Debt	574	1,998	1,828	2,968	4,190	4,722	6,897
Cash & Equivalents	312	37	49	135	527	48	351
Total Debt	886	2,035	1,877	3,103	4,717	4,770	7,248
Efficiency & working capital
Inventory Turnover	N/A	0.61x	0.21x	N/A	N/A	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	600.3	1734.9	N/A	N/A	N/A	N/A
Receivables Turnover	278.33x	9.75x	4.73x	3.21x	5.30x	3.46x	7.99x
Days Sales Outstanding (DSO)	1.3	37.4	77.1	113.6	68.8	105.4	45.7
Payables Turnover	8.34x	2.87x	0.26x	0.51x	1.16x	0.48x	0.63x
Days Payable Outstanding (DPO)	43.8	127.1	1415.9	717.8	315.1	765.2	579.6
Cash Conversion Cycle	-42.5 days	510.6 days	396.1 days	-604.2 days	-246.3 days	-659.8 days	-533.9 days
Asset Turnover	1.50x	0.74x	0.30x	0.50x	0.57x	0.31x	0.41x
Cash flow & dividends
Operating Cash Flow	398	317	1,517	148	789	9,275	303
Free Cash Flow (OCF − Capex proxy)	293	-227	608	148	-1,645	-416	303
Cash Conversion (OCF / EBITDA)	53.7%	107.6%	527.8%	7.1%	27.4%	445.8%	7.5%
Dividends Declared	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividend Payout Ratio	N/A	N/A	N/A	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