Ratio	2023	2024
Margins
Gross Margin	21.6%	65.2%
EBITDA Margin	12.0%	59.1%
EBITDAR	480	3,891
EBITDAR Margin	12.0%	59.1%
EBIT Margin	12.0%	59.1%
Net Profit Margin	8.9%	56.7%
Operating Expense % of Sales	9.6%	6.0%
Returns
Return on Assets (ROA)	2.9%	21.8%
Return on Equity (ROE)	N/A	144.0%
ROIC [EBIT / Invested Capital]	N/A	221.0%
Leverage & liquidity
Debt-to-Assets	24.6%	13.2%
Debt-to-Equity	-8.72x	0.87x
Debt-to-EBITDA	6.35x	0.58x
Equity-to-Assets	-2.8%	15.2%
Net Debt	-503	-833
Cash & Equivalents	3,546	3,091
Total Debt	3,044	2,258
Efficiency & working capital
Inventory Turnover	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	N/A
Receivables Turnover	1531.73x	3.80x
Days Sales Outstanding (DSO)	0.2	96.0
Payables Turnover	0.36x	8924.01x
Days Payable Outstanding (DPO)	1009.5	0.0
Cash Conversion Cycle	-1009.3 days	96.0 days
Asset Turnover	0.32x	0.39x
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