Ratio	2023	2024
Margins
Gross Margin	61.0%	51.6%
EBITDA Margin	1.4%	6.8%
EBITDAR	51	363
EBITDAR Margin	1.4%	8.3%
EBIT Margin	1.2%	6.8%
Net Profit Margin	-0.2%	3.6%
Operating Expense % of Sales	59.6%	44.8%
Returns
Return on Assets (ROA)	-1.3%	22.2%
Return on Equity (ROE)	-1.3%	47.2%
ROIC [EBIT / Invested Capital]	11.8%	109.8%
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	100.0%	47.0%
Net Debt	-78	-66
Cash & Equivalents	78	66
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	19.59x	4498.62x
Days Sales Outstanding (DSO)	18.6	0.1
Payables Turnover	N/A	5.59x
Days Payable Outstanding (DPO)	N/A	65.3
Cash Conversion Cycle	18.6 days	-65.2 days
Asset Turnover	8.25x	6.12x
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