Ratio	2023	2024
Margins
Gross Margin	13.1%	12.6%
EBITDA Margin	8.7%	8.5%
EBITDAR	268	499
EBITDAR Margin	9.2%	9.2%
EBIT Margin	8.7%	8.5%
Net Profit Margin	8.2%	3.6%
Operating Expense % of Sales	4.4%	4.1%
Returns
Return on Assets (ROA)	4.7%	4.3%
Return on Equity (ROE)	97.9%	44.3%
ROIC [EBIT / Invested Capital]	7.9%	10.7%
Leverage & liquidity
Debt-to-Assets	78.4%	86.3%
Debt-to-Equity	16.25x	8.96x
Debt-to-EBITDA	15.64x	8.47x
Equity-to-Assets	4.8%	9.6%
Net Debt	2,977	3,913
Cash & Equivalents	985	11
Total Debt	3,963	3,925
Efficiency & working capital
Inventory Turnover	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	N/A
Receivables Turnover	N/A	27.72x
Days Sales Outstanding (DSO)	N/A	13.2
Payables Turnover	3.01x	26.83x
Days Payable Outstanding (DPO)	121.1	13.6
Cash Conversion Cycle	-121.1 days	-0.4 days
Asset Turnover	0.58x	1.20x
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