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ID 412723218 · FY 2020–2023 · 4 years
Subsidiary of შპს აიონრაიზ (55.0%)
საქმიანობის სფერო მზის პანელების წარმოება
Bars are revenue on the left axis; lines are EBITDA and net margin on the right.
| Ratio | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Margins | ||||
| Gross Margin | -6.4% | -13.4% | 6.0% | -3.0% |
| EBITDA Margin | -46.7% | -13.4% | -2.8% | -704.6% |
| EBITDAR | -2,066 | -683 | -497 | -2,187 |
| EBITDAR Margin | -46.7% | -13.4% | -2.8% | -704.6% |
| EBIT Margin | -55.6% | -15.7% | -6.5% | -704.6% |
| Net Profit Margin | -129.6% | -31.9% | -1.2% | -1192.6% |
| Operating Expense % of Sales | 44.0% | 30.8% | 8.8% | 701.5% |
| Returns | ||||
| Return on Assets (ROA) | -24.9% | -6.4% | -1.0% | -8.9% |
| Return on Equity (ROE) | -102.6% | -41.1% | -5.9% | -674.7% |
| ROIC [EBIT / Invested Capital] | -12.1% | -4.0% | -5.8% | -11.8% |
| Leverage & liquidity | ||||
| Debt-to-Assets | 63.6% | 63.2% | 72.2% | 43.1% |
| Debt-to-Equity | 2.62x | 4.07x | 4.32x | 32.72x |
| Debt-to-EBITDA | N/A | N/A | N/A | N/A |
| Equity-to-Assets | 24.2% | 15.5% | 16.7% | 1.3% |
| Net Debt | 14,685 | 16,185 | 16,209 | 17,951 |
| Cash & Equivalents | 1 | 5 | 9 | 0 |
| Total Debt | 14,685 | 16,190 | 16,218 | 17,951 |
| Efficiency & working capital | ||||
| Inventory Turnover | 2.52x | 1.12x | N/A | N/A |
| Days Inventory Outstanding (DIO) | 145.0 | 327.0 | N/A | N/A |
| Receivables Turnover | 17.34x | 428.67x | 30.32x | 0.02x |
| Days Sales Outstanding (DSO) | 21.0 | 0.9 | 12.0 | 23763.3 |
| Payables Turnover | 2.06x | 1.22x | 6.89x | 0.01x |
| Days Payable Outstanding (DPO) | 177.5 | 300.1 | 53.0 | 26351.1 |
| Cash Conversion Cycle | -11.4 days | 27.8 days | -40.9 days | -2587.8 days |
| Asset Turnover | 0.19x | 0.20x | 0.79x | 0.01x |
| Cash flow & dividends | ||||
| Operating Cash Flow | -437 | -3,498 | -1,357 | -1,762 |
| Free Cash Flow (OCF − Capex proxy) | -463 | -3,508 | -1,357 | -1,762 |
| Cash Conversion (OCF / EBITDA) | N/A | N/A | N/A | N/A |
| Dividends Declared | 0 | 0 | N/A | N/A |
| Dividend Payout Ratio | N/A | N/A | 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.
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.
Companies sharing this sub-sector, ranked by how close their latest revenue is to this one — not a curated comp set.
* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2019 ₾0 · FY2020 ₾0 · FY2021 ₾0
Ownership & directors from companyinfo.ge (public corporate registry).