Ratio	2023	2024
Margins
Gross Margin	33.5%	43.5%
EBITDA Margin	6.3%	12.1%
EBITDAR	414	991
EBITDAR Margin	7.0%	12.9%
EBIT Margin	6.2%	11.9%
Net Profit Margin	6.1%	12.0%
Operating Expense % of Sales	27.1%	31.3%
Returns
Return on Assets (ROA)	20.4%	28.9%
Return on Equity (ROE)	54.1%	80.9%
ROIC [EBIT / Invested Capital]	20891.9%	N/A
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	37.7%	35.7%
Net Debt	-663	-2,143
Cash & Equivalents	663	2,143
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	25.56x	21.22x
Days Sales Outstanding (DSO)	14.3	17.2
Payables Turnover	6.40x	14.70x
Days Payable Outstanding (DPO)	57.0	24.8
Cash Conversion Cycle	-42.8 days	-7.6 days
Asset Turnover	3.34x	2.42x
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