Loading…
* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Operates in Real Estate — Residential Development. Per the activity note to the FY2023 annual report, the company carries out construction development activities.
| Ratio | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Margins | |||||||
| Gross Margin | 0.9% | 0.2% | 28.4% | 5.2% | 9.8% | 100.0% | 10.3% |
| EBITDA Margin | -1434.4% | -774.0% | 22.5% | -5.7% | 7.6% | 99.2% | 6.7% |
| EBITDAR | -2,574 | -570 | 2,600 | -458 | 1,252 | 6,188 | 442 |
| EBITDAR Margin | -1416.1% | -744.9% | 22.5% | -5.7% | 7.6% | 99.2% | 6.7% |
| EBIT Margin | -1440.9% | -792.8% | 22.4% | -6.0% | 7.5% | 98.7% | 6.6% |
| Net Profit Margin | -1149.5% | -3237.0% | 8.2% | -15.4% | 7.5% | 95.4% | 5.7% |
| Operating Expense % of Sales | 1435.4% | 774.3% | 5.9% | 10.8% | 2.2% | 0.8% | 3.6% |
| Returns | |||||||
| Return on Assets (ROA) | -7.9% | -7.1% | 2.8% | -4.3% | 10.0% | 76.6% | 39.2% |
| Return on Equity (ROE) | N/A | N/A | N/A | N/A | N/A | 615.3% | 46.1% |
| ROIC [EBIT / Invested Capital] | -17.2% | -5.9% | 68.5% | -20.8% | 99.7% | 253.8% | 54.5% |
| Leverage & debt balances | |||||||
| Debt-to-Assets | 71.7% | 45.9% | 20.4% | 18.5% | 20.5% | 18.8% | 0.0% |
| Debt-to-Equity | -5.15x | -2.82x | -2.44x | -1.81x | -1.96x | 1.51x | 0.00x |
| Debt-to-EBITDA | N/A | N/A | 2.65x | N/A | 2.00x | 0.24x | 0.00x |
| Equity-to-Assets | -13.9% | -16.2% | -8.4% | -10.2% | -10.5% | 12.4% | 84.9% |
| Net Debt | 18,914 | 16,013 | 6,587 | 5,285 | 2,509 | 1,461 | -15 |
| Cash & Equivalents | 10 | 3 | 295 | 12 | 0 | 0 | 15 |
| Total Debt | 18,923 | 16,016 | 6,882 | 5,296 | 2,509 | 1,461 | N/A |
| Liquidity & working capital | |||||||
| Current Ratio | 0.16x | 0.13x | 0.15x | 0.15x | 0.13x | 0.13x | 0.00x |
| Quick Ratio | 0.16x | 0.13x | -0.46x | -0.46x | 0.13x | 0.13x | 0.00x |
| Cash Ratio | 0.00x | 0.00x | 0.01x | 0.00x | 0.00x | 0.00x | 0.10x |
| Total Current Assets | 1,803 | 3,136 | 4,344 | 3,853 | 1,403 | 696 | 0 |
| Total Current Liabilities | 11,162 | 24,572 | 29,691 | 26,283 | 11,010 | 5,350 | 144 |
| Inventory | N/A | N/A | 17,974 | 16,040 | N/A | N/A | N/A |
| Trade Receivables | 41 | 48 | 127 | 13 | 7 | 7 | N/A |
| Trade Payables | 11,162 | 24,572 | 29,691 | 26,283 | 10,937 | 5,272 | 144 |
| Net Working Capital | -9,359 | -21,435 | -25,347 | -22,429 | -9,607 | -4,655 | -144 |
| Net Working Capital % of Revenue | -5149.0% | -27994.9% | -219.5% | -277.4% | -58.7% | -74.6% | -2.2% |
| Trade Working Capital | -11,121 | -24,524 | -11,590 | -10,230 | -10,929 | -5,265 | -144 |
| Trade Working Capital % of Revenue | -6118.3% | -32028.2% | -100.4% | -126.5% | -66.7% | -84.3% | -2.2% |
| Change in Trade Working Capital | N/A | -13,403 | 12,934 | 1,360 | -699 | 5,665 | 5,120 |
| Turnover & efficiency | |||||||
| Inventory Turnover | N/A | N/A | 0.46x | 0.48x | N/A | N/A | N/A |
| Days Inventory Outstanding (DIO) | N/A | N/A | 793.0 | 763.3 | N/A | N/A | N/A |
| Receivables Turnover | 4.40x | 1.59x | 90.96x | 636.21x | 2209.16x | 842.08x | N/A |
| Days Sales Outstanding (DSO) | 82.9 | 229.5 | 4.0 | 0.6 | 0.2 | 0.4 | N/A |
| Payables Turnover | 0.02x | 0.00x | 0.28x | 0.29x | 1.35x | 0.00x | 41.09x |
| Days Payable Outstanding (DPO) | 22628.8 | 117411.7 | 1310.0 | 1250.8 | 270.4 | 641431411.7 | 8.9 |
| Cash Conversion Cycle | -22545.9 days | -117182.2 days | -513.0 days | -486.9 days | -270.2 days | -641431411.2 days | -8.9 days |
| Asset Turnover | 0.01x | 0.00x | 0.34x | 0.28x | 1.34x | 0.80x | 6.87x |
| Cash flow & dividends | |||||||
| Operating Cash Flow | 1,825 | 2,928 | 4,688 | -2,140 | -1,756 | -332 | -176 |
| Free Cash Flow (OCF − Capex proxy) | 1,825 | 2,901 | 9,425 | 1,302 | 2,776 | 1,049 | 1,475 |
| Cash Conversion (OCF / EBITDA) | N/A | N/A | 180.3% | N/A | -140.2% | -5.4% | -39.9% |
| 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 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 →