Ratio	2023	2024
Margins
Gross Margin	32.4%	21.8%
EBITDA Margin	15.0%	1.4%
EBITDAR	1,258	160
EBITDAR Margin	16.7%	2.7%
EBIT Margin	14.7%	0.4%
Net Profit Margin	15.2%	0.1%
Operating Expense % of Sales	17.4%	20.4%
Returns
Return on Assets (ROA)	21.0%	0.1%
Return on Equity (ROE)	122.3%	0.9%
ROIC [EBIT / Invested Capital]	119.4%	2.4%
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	17.1%	15.6%
Net Debt	-4	-1
Cash & Equivalents	4	1
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	2.66x	1.66x
Days Sales Outstanding (DSO)	137.1	219.9
Payables Turnover	5.78x	4.30x
Days Payable Outstanding (DPO)	63.1	84.9
Cash Conversion Cycle	74.0 days	135.0 days
Asset Turnover	1.38x	1.03x
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