Ratio	2023	2024
Margins
Gross Margin	6.6%	10.1%
EBITDA Margin	4.6%	6.9%
EBITDAR	389	473
EBITDAR Margin	4.6%	6.9%
EBIT Margin	4.5%	6.8%
Net Profit Margin	14.5%	16.7%
Operating Expense % of Sales	2.1%	3.1%
Returns
Return on Assets (ROA)	50.1%	40.8%
Return on Equity (ROE)	94.0%	46.5%
ROIC [EBIT / Invested Capital]	33.9%	19.2%
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	53.3%	87.7%
Net Debt	-183	-21
Cash & Equivalents	183	21
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	N/A	4.73x
Days Sales Outstanding (DSO)	N/A	77.1
Payables Turnover	7.14x	18.96x
Days Payable Outstanding (DPO)	51.1	19.3
Cash Conversion Cycle	-51.1 days	57.9 days
Asset Turnover	3.47x	2.45x
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