შპს ძმები ბრ

Ratio	2019	2020	2021	2022	2023	2024
Margins
Gross Margin	28.8%	28.7%	28.4%	27.0%	29.3%	31.7%
EBITDA Margin	22.4%	24.1%	23.7%	22.2%	23.4%	24.9%
EBITDAR	707	867	1,251	1,376	1,632	1,720
EBITDAR Margin	23.4%	25.0%	24.5%	22.9%	23.9%	25.3%
EBIT Margin	21.7%	23.5%	23.3%	21.9%	23.0%	24.5%
Net Profit Margin	19.3%	23.1%	22.3%	16.8%	19.4%	30.3%
Operating Expense % of Sales	6.4%	4.6%	4.7%	4.8%	5.9%	6.9%
Returns
Return on Assets (ROA)	22.8%	26.9%	24.6%	27.0%	23.1%	23.8%
Return on Equity (ROE)	33.2%	31.5%	44.4%	30.4%	24.8%	28.5%
ROIC [EBIT / Invested Capital]	25.7%	28.8%	42.8%	43.5%	31.9%	27.3%
Leverage & debt balances
Debt-to-Assets	31.2%	14.5%	5.2%	0.0%	6.0%	0.0%
Debt-to-Equity	0.45x	0.17x	0.09x	0.00x	0.06x	0.00x
Debt-to-EBITDA	1.18x	0.51x	0.20x	0.00x	0.21x	0.00x
Equity-to-Assets	68.8%	85.5%	55.3%	88.8%	93.3%	83.4%
Net Debt	786	289	222	-286	-425	-1,127
Cash & Equivalents	9	142	19	286	768	1,127
Total Debt	795	430	241	N/A	343	N/A
Liquidity & working capital
Current Ratio	2.29x	5.14x	16.37x	6.77x	9.74x	3.85x
Quick Ratio	0.43x	1.50x	8.66x	6.77x	9.74x	3.85x
Cash Ratio	0.01x	0.33x	0.08x	0.68x	2.00x	0.78x
Total Current Assets	1,822	2,210	3,944	2,832	3,731	5,542
Total Current Liabilities	795	430	241	419	383	1,440
Inventory	1,483	1,563	1,857	N/A	N/A	N/A
Trade Receivables	269	286	368	442	605	1,071
Trade Payables	N/A	N/A	1,373	390	40	1,440
Net Working Capital	1,027	1,780	3,703	2,413	3,348	4,103
Net Working Capital % of Revenue	34.0%	51.3%	72.4%	40.2%	49.0%	60.4%
Trade Working Capital	1,752	1,849	852	52	565	-369
Trade Working Capital % of Revenue	58.0%	53.3%	16.6%	0.9%	8.3%	-5.4%
Change in Trade Working Capital	N/A	97	-997	-800	513	-934
Turnover & efficiency
Inventory Turnover	1.45x	1.58x	1.97x	N/A	N/A	N/A
Days Inventory Outstanding (DIO)	251.6	230.6	185.0	N/A	N/A	N/A
Receivables Turnover	11.24x	12.13x	13.89x	13.60x	11.28x	6.34x
Days Sales Outstanding (DSO)	32.5	30.1	26.3	26.8	32.3	57.6
Payables Turnover	N/A	N/A	2.67x	11.26x	121.44x	3.22x
Days Payable Outstanding (DPO)	N/A	N/A	136.9	32.4	3.0	113.4
Cash Conversion Cycle	284.1 days	260.7 days	74.4 days	-5.6 days	29.3 days	-55.8 days
Asset Turnover	1.18x	1.17x	1.10x	1.61x	1.19x	0.78x
Cash flow & dividends
Operating Cash Flow	141	515	N/A	N/A	N/A	N/A
Free Cash Flow (OCF − Capex proxy)	-500	513	N/A	N/A	N/A	N/A
Cash Conversion (OCF / EBITDA)	20.9%	61.6%	N/A	N/A	N/A	N/A
Dividends Declared	N/A	N/A	N/A	N/A	N/A	N/A
Dividend Payout Ratio	N/A	N/A	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