Ratio	2023	2024
Margins
Gross Margin	68.5%	74.2%
EBITDA Margin	42.0%	51.4%
EBITDAR	1,191	5,182
EBITDAR Margin	47.8%	53.7%
EBIT Margin	41.7%	51.1%
Net Profit Margin	41.2%	49.7%
Operating Expense % of Sales	26.5%	22.8%
Returns
Return on Assets (ROA)	87.4%	84.4%
Return on Equity (ROE)	106.4%	96.1%
ROIC [EBIT / Invested Capital]	393.2%	191.3%
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	82.1%	87.9%
Net Debt	-701	-2,412
Cash & Equivalents	701	2,412
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	7.43x	3.30x
Days Sales Outstanding (DSO)	49.1	110.6
Payables Turnover	30.56x	4.22x
Days Payable Outstanding (DPO)	11.9	86.5
Cash Conversion Cycle	37.2 days	24.1 days
Asset Turnover	2.12x	1.70x
Cash flow & dividends
Operating Cash Flow	2,731	10,926
Free Cash Flow (OCF − Capex proxy)	2,731	10,926
Cash Conversion (OCF / EBITDA)	261.0%	220.4%
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