Ratio	2023	2024
Margins
Gross Margin	55.7%	45.1%
EBITDA Margin	53.8%	34.7%
EBITDAR	4,972	3,467
EBITDAR Margin	53.8%	34.7%
EBIT Margin	53.3%	34.2%
Net Profit Margin	51.1%	33.0%
Operating Expense % of Sales	1.9%	10.4%
Returns
Return on Assets (ROA)	26.1%	17.5%
Return on Equity (ROE)	30.4%	24.4%
ROIC [EBIT / Invested Capital]	34.2%	27.8%
Leverage & liquidity
Debt-to-Assets	4.0%	0.0%
Debt-to-Equity	0.05x	0.00x
Debt-to-EBITDA	0.14x	0.00x
Equity-to-Assets	85.8%	71.7%
Net Debt	-1,126	-1,192
Cash & Equivalents	1,842	1,192
Total Debt	716	N/A
Efficiency & working capital
Inventory Turnover	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	N/A
Receivables Turnover	2625.69x	2846.71x
Days Sales Outstanding (DSO)	0.1	0.1
Payables Turnover	314.98x	440.93x
Days Payable Outstanding (DPO)	1.2	0.8
Cash Conversion Cycle	-1.0 days	-0.7 days
Asset Turnover	0.51x	0.53x
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