შპს ნიუდორს

Ratio	2020	2021	2022	2023
Margins
Gross Margin	41.9%	42.2%	46.8%	48.3%
EBITDA Margin	35.2%	35.6%	41.4%	41.6%
EBITDAR	530	948	1,689	1,895
EBITDAR Margin	35.2%	35.6%	41.8%	41.9%
EBIT Margin	35.2%	35.6%	39.7%	41.3%
Net Profit Margin	35.2%	36.3%	37.2%	36.0%
Operating Expense % of Sales	6.6%	6.6%	5.4%	6.7%
Returns
Return on Assets (ROA)	43.8%	33.2%	27.7%	23.1%
Return on Equity (ROE)	47.3%	46.4%	50.3%	35.2%
ROIC [EBIT / Invested Capital]	50.2%	42.8%	30.7%	28.4%
Leverage & liquidity
Debt-to-Assets	0.0%	13.5%	42.2%	31.8%
Debt-to-Equity	0.00x	0.19x	0.77x	0.49x
Debt-to-EBITDA	0.00x	0.42x	1.37x	1.19x
Equity-to-Assets	92.6%	71.5%	55.1%	65.4%
Net Debt	-65	130	2,239	1,965
Cash & Equivalents	65	264	51	277
Total Debt	N/A	394	2,290	2,242
Efficiency & working capital
Inventory Turnover	1.46x	0.95x	N/A	N/A
Days Inventory Outstanding (DIO)	250.3	383.1	N/A	N/A
Receivables Turnover	27.50x	16.28x	18.22x	21.61x
Days Sales Outstanding (DSO)	13.3	22.4	20.0	16.9
Payables Turnover	19.77x	3.53x	44.76x	19.42x
Days Payable Outstanding (DPO)	18.5	103.3	8.2	18.8
Cash Conversion Cycle	245.1 days	302.2 days	11.9 days	-1.9 days
Asset Turnover	1.24x	0.91x	0.75x	0.64x
Cash flow & dividends
Operating Cash Flow	68	315	310	1,111
Free Cash Flow (OCF − Capex proxy)	-77	-204	-1,599	312
Cash Conversion (OCF / EBITDA)	12.9%	33.2%	18.5%	59.1%
Dividends Declared	N/A	N/A	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.

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