Enhanced Investments - Financial Portal

2026-06-25

#DIAS #reports

Diasoft reported for 2026 q1:
- Revenue -1.4% YoY (vs -1.4% in previous quarter and historical rate +11.9%)
- EBITDA -51.4% YoY (vs -51.5% in previous quarter and historical rate -15.2%)
- EBITDA margin 16.3% decreased compared to 33.1% same period last year
- Net Debt decreased by 0.4 bln rubles since the previous report (3.8% of market cap)
- FCF (LTM) +1.1 bln RUB (positive), 10.7% of market cap
- EV/EBITDA multiple is 7.2x compared to historical level (50th percentile) of 10.4x

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2026-06-25

#DIAS #reports

Diasoft reported for 2025 q4:
- Revenue +6.5% YoY (vs -4.8% in previous quarter and historical rate +13.4%)
- EBITDA +56.3% YoY (vs -59.4% in previous quarter and historical rate -0.1%)
- Net Income -12.9% YoY (vs -12.9% in previous quarter and historical rate -7.7%)
- EBITDA margin 48.6% increased compared to 33.1% same period last year
- Net Debt decreased by 0.4 bln rubles since the previous report (3.8% of market cap)
- FCF (LTM) +1.9 bln RUB (positive), 17.9% of market cap
- EV/EBITDA multiple is 3.3x compared to historical level (50th percentile) of 10.4x

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2026-06-19

#AFLT #reports

Aeroflot reported for 2026 q1:
- Revenue +5.7% YoY (vs +2.5% in previous quarter and historical rate +22.2%)
- EBITDA -39.7% YoY (vs -51.0% in previous quarter and historical rate +44.9%)
- Net Income -144.4% YoY (vs +65.4% in previous quarter and historical rate +208.9%)
- EBITDA margin 14.7% decreased compared to 25.8% same period last year
- Net Debt increased by 6.8 bln rubles since the previous report (4.0% of market cap)
- FCF (LTM) -29.2 bln RUB (negative), 17.3% of market cap
- EV/EBITDA multiple is 3x compared to historical level (50th percentile) of 3.3x

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2026-06-08

#IVAT #reports

IVA Technologies reported for 2025 q4:
- Revenue -5.7% YoY (vs -5.6% in previous quarter and historical rate +45.7%)
- EBITDA -8.2% YoY (vs -8.1% in previous quarter and historical rate +37.6%)
- Net Income -39.5% YoY (vs -39.5% in previous quarter and historical rate +32.8%)
- EBITDA margin 68.3% decreased compared to 70.2% same period last year
- Net Debt increased by 0 bln rubles since the previous report (0.6% of market cap)
- FCF (LTM) -0.1 bln RUB (negative), 0.9% of market cap
- EV/EBITDA multiple is 4.3x compared to historical level (50th percentile) of 8.3x

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2026-06-05

#AFKS #reports

Sistema reported for 2026 q1:
- Revenue +2.6% YoY (vs +5.0% in previous quarter and historical rate +13.3%)
- EBITDA +32.1% YoY (vs +15.6% in previous quarter and historical rate +12.8%)
- EBITDA margin 36.7% increased compared to 28.5% same period last year
- Net Debt decreased by 107.9 bln rubles since the previous report (92.2% of market cap)
- FCF (LTM) +35.2 bln RUB (positive), 30.1% of market cap
- EV/EBITDA multiple is 4.6x compared to historical level (50th percentile) of 7.9x

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2026-06-04

#SGZH #reports

Segezha Group reported for 2026 q1:
- Revenue -29% YoY (vs -19.5% in previous quarter and historical rate -0.8%)
- EBITDA -90.2% YoY (vs -322.8% in previous quarter and historical rate -38.3%)
- EBITDA margin 1.2% decreased compared to 8.6% same period last year
- Net Debt increased by 7.9 bln rubles since the previous report (11.9% of market cap)
- FCF (LTM) -34.4 bln RUB (negative), 51.5% of market cap
- EV/EBITDA multiple is -81.3x compared to historical level (50th percentile) of 49.4x
- EV/EBITDA expected multiple is -18.6x

Growth potential increased by 13.7% to -319.2%

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2026-06-04

#MSNG #reports

Mosenergo reported for 2025 q4:
- Revenue +62.9% YoY (vs +10.5% in previous quarter and historical rate +49.3%)
- EBITDA +223.5% YoY (vs -9.5% in previous quarter and historical rate +104.0%)
- Net Income -25.5% YoY (vs -25.5% in previous quarter and historical rate -51.8%)
- EBITDA margin 17.0% increased compared to 8.6% same period last year
- Net Debt decreased by 3.2 bln rubles since the previous report (4.4% of market cap)
- FCF (LTM) +0.9 bln RUB (positive), 1.3% of market cap
- EV/EBITDA multiple is 1.1x compared to historical level (50th percentile) of 0x

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2026-06-04

#MSNG #reports

Mosenergo reported for 2026 q1:
- Revenue +62.9% YoY (vs +10.5% in previous quarter and historical rate +49.3%)
- EBITDA +223.5% YoY (vs -9.5% in previous quarter and historical rate +104.0%)
- Net Income +20.3% YoY (vs -25.5% in previous quarter and historical rate -35.9%)
- EBITDA margin 17.0% increased compared to 8.6% same period last year
- Net Debt decreased by 3.2 bln rubles since the previous report (4.4% of market cap)
- FCF (LTM) +0.9 bln RUB (positive), 1.3% of market cap
- EV/EBITDA multiple is 1.1x compared to historical level (50th percentile) of 0x

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2026-06-02

#ROSN #reports

Rosneft reported for 2026 q1:
- Revenue -11% YoY (vs -23.9% in previous quarter and historical rate +2.7%)
- EBITDA +24% YoY (vs -37.1% in previous quarter and historical rate +13.3%)
- Net Income -41.5% YoY (vs -67.7% in previous quarter and historical rate +62.8%)
- EBITDA margin 35.8% increased compared to 25.7% same period last year
- EV/EBITDA multiple is 3.5x compared to historical level (50th percentile) of 3.3x
- EV/EBITDA expected multiple is 3.1x

Growth potential increased by 37.9% to +18.7%

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2026-06-01

#TRNFP #reports

Transneft (pref) reported for 2026 q1:
- Revenue -0.1% YoY (vs +2.0% in previous quarter and historical rate +5.7%)
- EBITDA -2.4% YoY (vs -64.4% in previous quarter and historical rate -4.5%)
- Net Income -8.6% YoY (vs -109.3% in previous quarter and historical rate -20.3%)
- EBITDA margin 42.9% decreased compared to 43.9% same period last year
- Net Debt decreased by 36.8 bln rubles since the previous report (3.6% of market cap)
- FCF (LTM) +69.4 bln RUB (positive), 6.8% of market cap
- EV/EBITDA multiple is 1.6x compared to historical level (50th percentile) of 1.5x

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2026-06-01

#NMTP #reports

NMTP reported for 2026 q1:
- Revenue 0% YoY (vs +24.2% in previous quarter and historical rate +6.5%)
- EBITDA -20% YoY (vs +17.2% in previous quarter and historical rate +3.0%)
- Net Income +3% YoY (vs +18.7% in previous quarter and historical rate +8.2%)
- EBITDA margin 64.7% decreased compared to 80.9% same period last year
- Net Debt decreased by 13.6 bln rubles since the previous report (8.1% of market cap)
- FCF (LTM) +31.5 bln RUB (positive), 18.7% of market cap
- EV/EBITDA multiple is 2.9x compared to historical level (50th percentile) of 3.3x

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2026-05-30

#PHOR #reports

Phosagro reported for 2026 q1:
- Revenue -17.5% YoY (vs -3.5% in previous quarter and historical rate +4.8%)
- EBITDA -44% YoY (vs -43.8% in previous quarter and historical rate -7.7%)
- Net Income -99.5% YoY (vs -5.6% in previous quarter and historical rate +7.0%)
- EBITDA margin 20.8% decreased compared to 30.6% same period last year
- Net Debt increased by 2.2 bln rubles since the previous report (0.3% of market cap)
- FCF (LTM) -4.5 bln RUB (negative), 0.6% of market cap
- EV/EBITDA multiple is 7.4x compared to historical level (50th percentile) of 6.2x
- EV/EBITDA expected multiple is 9.1x

Growth potential decreased by 17.4% to -40.9%

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2026-05-29

#SIBN #reports

Gazprom Neft reported for 2026 q1:
- Revenue -3.7% YoY (vs -13.1% in previous quarter and historical rate +5.5%)
- EBITDA +19% YoY (vs -10.9% in previous quarter and historical rate -2.1%)
- Net Income -5.2% YoY (vs -78.3% in previous quarter and historical rate -29.8%)
- EBITDA margin 30.7% increased compared to 24.9% same period last year
- Net Debt increased by 163.7 bln rubles since the previous report (6.9% of market cap)
- FCF (LTM) -465.9 bln RUB (negative), 19.6% of market cap
- EV/EBITDA multiple is 4.4x compared to historical level (50th percentile) of 3.9x
- EV/EBITDA expected multiple is 4.4x

Growth potential increased by 22.1% to -12.6%

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2026-05-29

#GAZP #reports

Gazprom reported for 2026 q1:
- Revenue -0.3% YoY (vs -18.2% in previous quarter and historical rate -0.9%)
- EBITDA +68.1% YoY (vs +18.7% in previous quarter and historical rate +15.8%)
- Net Income -45.9% YoY (vs -36.5% in previous quarter and historical rate -37.4%)
- EBITDA margin 34.9% increased compared to 20.7% same period last year
- Net Debt decreased by 194 bln rubles since the previous report (7.1% of market cap)
- FCF (LTM) -457.6 bln RUB (negative), 16.8% of market cap
- EV/EBITDA multiple is 2.8x compared to historical level (50th percentile) of 4.1x
- EV/EBITDA expected multiple is 3.3x

Growth potential increased by 115.9% to +107.1%

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2026-05-29

#HYDR #reports

Rushydro reported for 2026 q1:
- Revenue +19% YoY (vs +15.2% in previous quarter and historical rate +16.7%)
- EBITDA +45.2% YoY (vs +115.9% in previous quarter and historical rate +54.0%)
- Net Income +96.6% YoY (vs +100.0% in previous quarter and historical rate -90.4%)
- EBITDA margin 37.5% increased compared to 30.8% same period last year
- Net Debt increased by 31.3 bln rubles since the previous report (18.1% of market cap)
- FCF (LTM) -259 bln RUB (negative), 149.7% of market cap
- EV/EBITDA multiple is 3.7x compared to historical level (50th percentile) of 5.8x

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2026-05-29

#ASTR #reports

Astra reported for 2026 q1:
- Revenue -15.4% YoY (vs +15.3% in previous quarter and historical rate +59.0%)
- EBITDA -123% YoY (vs +28.0% in previous quarter and historical rate +46.0%)
- Net Income -509.4% YoY (vs +29.8% in previous quarter and historical rate -3.8%)
- EBITDA margin -5.0% decreased compared to 18.3% same period last year
- Net Debt decreased by 2 bln rubles since the previous report (3.4% of market cap)
- FCF (LTM) +0.2 bln RUB (positive), 0.3% of market cap
- EV/EBITDA multiple is 7.9x compared to historical level (50th percentile) of 17.9x

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2026-05-28

#MRKY #reports

IDGC South reported for 2025 q4:
- Revenue +146.7% YoY (vs +143.1% in previous quarter and historical rate +43.1%)
- EBITDA +218.7% YoY (vs +16.8% in previous quarter and historical rate +59.8%)
- EBITDA margin 21.3% increased compared to 16.5% same period last year
- Net Debt increased by 8.4 bln rubles since the previous report (15.3% of market cap)
- FCF (LTM) -15.7 bln RUB (negative), 28.5% of market cap
- EV/EBITDA multiple is 3.7x compared to historical level (50th percentile) of 2.9x

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2026-05-28

#MRKY #reports

IDGC South reported for 2026 q1:
- Revenue +146.7% YoY (vs +143.1% in previous quarter and historical rate +43.1%)
- EBITDA +218.7% YoY (vs +16.8% in previous quarter and historical rate +59.8%)
- Net Income +346.4% YoY (vs +101.8% in previous quarter and historical rate +65.1%)
- EBITDA margin 21.3% increased compared to 16.5% same period last year
- Net Debt increased by 8.4 bln rubles since the previous report (15.3% of market cap)
- FCF (LTM) -15.7 bln RUB (negative), 28.6% of market cap
- EV/EBITDA multiple is 3.7x compared to historical level (50th percentile) of 2.9x

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2026-05-28

#MRKU #reports

IDGC Ural reported for 2026 q1:
- Revenue +18.7% YoY (vs +20.2% in previous quarter and historical rate +10.0%)
- EBITDA +54.7% YoY (vs +129.3% in previous quarter and historical rate +34.3%)
- Net Income +97.9% YoY (vs +100.0% in previous quarter and historical rate -47.9%)
- EBITDA margin 30.1% increased compared to 23.1% same period last year
- Net Debt decreased by 3.7 bln rubles since the previous report (7.2% of market cap)
- FCF (LTM) +5.8 bln RUB (positive), 11.2% of market cap
- EV/EBITDA multiple is 2x compared to historical level (50th percentile) of 2.4x

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2026-05-27

#OGKB #reports

OGK-2 reported for 2026 q1:
- Revenue +21.8% YoY (vs +10.7% in previous quarter and historical rate +5.1%)
- EBITDA +12% YoY (vs -65.1% in previous quarter and historical rate -26.0%)
- Net Income -23.8% YoY (vs +43.0% in previous quarter and historical rate -45.1%)
- EBITDA margin 10.4% decreased compared to 11.3% same period last year
- Net Debt decreased by 0.5 bln rubles since the previous report (1.3% of market cap)
- FCF (LTM) -3.5 bln RUB (negative), 9.9% of market cap
- EV/EBITDA multiple is 7.7x compared to historical level (50th percentile) of 2x

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2026-05-27

#OGKB #reports

OGK-2 reported for 2025 q4:
- Revenue +10.7% YoY (vs +1.5% in previous quarter and historical rate +3.6%)
- EBITDA -65.1% YoY (vs -99.9% in previous quarter and historical rate -30.2%)
- Net Income +43% YoY (vs -260.7% in previous quarter and historical rate -42.6%)
- EBITDA margin 3.4% decreased compared to 10.8% same period last year
- Net Debt increased by 6.9 bln rubles since the previous report (19.3% of market cap)
- FCF (LTM) -21.8 bln RUB (negative), 60.8% of market cap
- EV/EBITDA multiple is 8.3x compared to historical level (50th percentile) of 2x

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2026-05-27

#MRKP #reports

IDGC Center & Volga reported for 2026 q1:
- Revenue +13.9% YoY (vs +19.4% in previous quarter and historical rate +13.2%)
- EBITDA +18.6% YoY (vs +127.7% in previous quarter and historical rate +25.8%)
- Net Income +26% YoY (vs +469.5% in previous quarter and historical rate +60.8%)
- EBITDA margin 34.3% increased compared to 33.0% same period last year
- Net Debt decreased by 7.6 bln rubles since the previous report (11.4% of market cap)
- FCF (LTM) +7.9 bln RUB (positive), 11.9% of market cap
- EV/EBITDA multiple is 1.2x compared to historical level (50th percentile) of 1.5x

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2026-05-27

#MRKC #reports

IDGC Center reported for 2026 q1:
- Revenue +13.3% YoY (vs +13.0% in previous quarter and historical rate +53.3%)
- EBITDA +5.1% YoY (vs +12.0% in previous quarter and historical rate +28.8%)
- Net Income +21.8% YoY (vs +100.0% in previous quarter and historical rate +55.7%)
- EBITDA margin 24.3% decreased compared to 26.1% same period last year
- Net Debt decreased by 2.8 bln rubles since the previous report (10.2% of market cap)
- FCF (LTM) +2.7 bln RUB (positive), 9.8% of market cap
- EV/EBITDA multiple is 1.7x compared to historical level (50th percentile) of 2.2x

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2026-05-27

#MRKZ #reports

IDGC North West reported for 2026 q1:
- Revenue +21.1% YoY (vs +29.0% in previous quarter and historical rate +18.0%)
- EBITDA +39.7% YoY (vs +295.9% in previous quarter and historical rate +57.2%)
- Net Income +57.9% YoY (vs +1347.5% in previous quarter and historical rate -32.8%)
- EBITDA margin 24.0% increased compared to 20.8% same period last year
- Net Debt decreased by 3.1 bln rubles since the previous report (21.3% of market cap)
- FCF (LTM) +3.7 bln RUB (positive), 25.4% of market cap
- EV/EBITDA multiple is 1x compared to historical level (50th percentile) of 2.5x

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2026-05-27

#FLOT #reports

SCF Group reported for 2026 q1:
- Revenue +33.5% YoY (vs -52.3% in previous quarter and historical rate +2.0%)
- EBITDA +81.1% YoY (vs -219.6% in previous quarter and historical rate -10.6%)
- Net Income +100% YoY (vs -388.6% in previous quarter and historical rate -79.7%)
- EBITDA margin 51.2% increased compared to 37.7% same period last year
- Net Debt decreased by 2.4 bln rubles since the previous report (1.2% of market cap)
- FCF (LTM) -20.5 bln RUB (negative), 10.3% of market cap
- EV/EBITDA multiple is 42.8x compared to historical level (50th percentile) of 2.6x
- EV/EBITDA expected multiple is 6.8x

Growth potential decreased by 22.3% to -66.9%

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2026-05-26

#LEAS #reports

Europlan reported for 2026 q1:
- Revenue -21.7% YoY (vs -13.7% in previous quarter and historical rate +18.4%)
- Net Income +33.4% YoY (vs -39.4% in previous quarter and historical rate -11.2%)
- Net Income margin 22.3% increased compared to 13.1% same period last year
- P/E multiple is 14.2x compared to historical level (50th percentile) of 6.6x

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2026-05-26

#MRKV #reports

IDGC Volga reported for 2026 q1:
- Revenue +15.7% YoY (vs +57.6% in previous quarter and historical rate +25.1%)
- EBITDA +11.9% YoY (vs +62.2% in previous quarter and historical rate +55.4%)
- Net Income +26.1% YoY (vs +306.7% in previous quarter and historical rate +89.3%)
- EBITDA margin 18.2% decreased compared to 18.8% same period last year
- Net Debt decreased by 1.9 bln rubles since the previous report (5.4% of market cap)
- FCF (LTM) +2.5 bln RUB (positive), 6.9% of market cap
- EV/EBITDA multiple is 1.6x compared to historical level (50th percentile) of 1.5x

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2026-05-22

#MOEX #reports

MOEX reported for 2026 q1:
- Revenue +17.3% YoY (vs +1.2% in previous quarter and historical rate +26.4%)
- Net Income +32.2% YoY (vs -18.3% in previous quarter and historical rate +22.2%)
- Net Income margin 48.2% increased compared to 42.8% same period last year
- P/E multiple is 6.2x compared to historical level (50th percentile) of 6.4x

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2026-05-22

#CNRU #reports

Cian reported for 2026 q1:
- Revenue +17.9% YoY (vs +21.3% in previous quarter and historical rate +21.7%)
- EBITDA +88.9% YoY (vs +0.4% in previous quarter and historical rate +58.3%)
- EBITDA margin 32.5% increased compared to 20.2% same period last year
- Net Debt decreased by 0.7 bln rubles since the previous report (1.5% of market cap)
- FCF (LTM) +9.2 bln RUB (positive), 18.5% of market cap
- EV/EBITDA multiple is 11.7x compared to historical level (50th percentile) of 14x

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2026-05-22

#MTSS #reports

MTS reported for 2026 q1:
- Revenue +14.7% YoY (vs +16.4% in previous quarter and historical rate +15.2%)
- EBITDA +19.8% YoY (vs +23.7% in previous quarter and historical rate +10.5%)
- EBITDA margin 33.0% increased compared to 31.6% same period last year
- Net Debt increased by 46.2 bln rubles since the previous report (10.5% of market cap)
- FCF (LTM) -58.7 bln RUB (negative), 13.4% of market cap
- EV/EBITDA multiple is 4.2x compared to historical level (50th percentile) of 4.8x

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2026-05-22

#IRAO #reports

Inter RAO reported for 2026 q1:
- Revenue +18.6% YoY (vs +13.2% in previous quarter and historical rate +11.7%)
- EBITDA +6.1% YoY (vs -21.5% in previous quarter and historical rate -1.6%)
- Net Income -1.5% YoY (vs -45.2% in previous quarter and historical rate +6.8%)
- EBITDA margin 10.0% decreased compared to 11.2% same period last year
- Net Debt decreased by 142.4 bln rubles since the previous report (42.1% of market cap)
- FCF (LTM) +167.3 bln RUB (positive), 49.5% of market cap
- EV/EBITDA multiple is 0.2x compared to historical level (50th percentile) of 1x

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2026-05-21

#T #reports

TBank reported for 2026 q1:
- Revenue +24.9% YoY (vs +20.1% in previous quarter and historical rate +33.8%)
- Net Income +39% YoY (vs +85.7% in previous quarter and historical rate +67.4%)
- Net Income margin 23.5% increased compared to 21.2% same period last year
- P/E multiple is 4.1x compared to historical level (50th percentile) of 5.9x

Growth potential decreased by 12.0% to +81.1%

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2026-05-21

#MSRS #reports

Rosseti Moscow Region reported for 2026 q1:
- Revenue +21.9% YoY (vs +20.1% in previous quarter and historical rate +11.8%)
- EBITDA +27% YoY (vs -55.7% in previous quarter and historical rate +23.7%)
- Net Income +34.1% YoY (vs +100.0% in previous quarter and historical rate +24.0%)
- EBITDA margin 34.7% increased compared to 33.3% same period last year
- Net Debt decreased by 7.3 bln rubles since the previous report (7.9% of market cap)
- FCF (LTM) +8.2 bln RUB (positive), 8.9% of market cap
- EV/EBITDA multiple is 1.5x compared to historical level (50th percentile) of 2x

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2026-05-21

#MBNK #reports

MTS Bank reported for 2026 q1:
- Revenue +35.1% YoY (vs +8.1% in previous quarter and historical rate +20.3%)
- Net Income +157.9% YoY (vs +869.0% in previous quarter and historical rate +62.3%)
- Net Income margin 12.7% increased compared to 6.7% same period last year
- P/E multiple is 3x compared to historical level (50th percentile) of 4.3x

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2026-05-15

#AKRN #reports

Acron reported for 2025 q4:
- Revenue -22.5% YoY (vs -4.3% in previous quarter and historical rate +2.6%)
- EBITDA +4.5% YoY (vs -12.3% in previous quarter and historical rate +0.8%)
- EBITDA margin 31.3% increased compared to 23.3% same period last year
- Net Debt increased by 4 bln rubles since the previous report (0.6% of market cap)
- FCF (LTM) -8.7 bln RUB (negative), 1.2% of market cap
- EV/EBITDA multiple is 12.2x compared to historical level (50th percentile) of 12.2x
- EV/EBITDA expected multiple is 9.8x

Growth potential decreased by 2.7% to -31.9%

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2026-05-15

#HEAD #reports

Head Hunter reported for 2026 q1:
- Revenue -1.5% YoY (vs +0.4% in previous quarter and historical rate +32.4%)
- EBITDA -7.3% YoY (vs +7.0% in previous quarter and historical rate +37.5%)
- EBITDA margin 48.2% decreased compared to 51.2% same period last year
- Net Debt decreased by 2.2 bln rubles since the previous report (1.6% of market cap)
- FCF (LTM) +14.6 bln RUB (positive), 11.2% of market cap
- EV/EBITDA multiple is 5.6x compared to historical level (50th percentile) of 7.9x

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2026-05-15

#AKRN #reports

Acron reported for 2026 q1:
- Revenue -22.5% YoY (vs -4.3% in previous quarter and historical rate +2.6%)
- EBITDA +4.5% YoY (vs -12.3% in previous quarter and historical rate +0.8%)
- Net Income -81.5% YoY (vs +331.8% in previous quarter and historical rate +48.5%)
- EBITDA margin 31.3% increased compared to 23.3% same period last year
- Net Debt increased by 4 bln rubles since the previous report (0.6% of market cap)
- FCF (LTM) -8.7 bln RUB (negative), 1.2% of market cap
- EV/EBITDA multiple is 12.2x compared to historical level (50th percentile) of 12.2x
- EV/EBITDA expected multiple is 9.8x

Growth potential decreased by 2.7% to -31.9%

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2026-05-15

#SVCB #reports

Sovcombank reported for 2026 q1:
- Revenue +113.9% YoY (vs +86.8% in previous quarter and historical rate +29.3%)
- Net Income +63.9% YoY (vs -21.5% in previous quarter and historical rate +38.1%)
- Net Income margin 26.3% decreased compared to 34.4% same period last year
- P/E multiple is 4.9x compared to historical level (50th percentile) of 4.2x

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2026-05-15

#ZAYM #reports

Zaymer reported for 2026 q1:
- Revenue -3.3% YoY (vs +11.0% in previous quarter and historical rate +4.7%)
- Net Income -52.3% YoY (vs -8.9% in previous quarter and historical rate -4.2%)
- Net Income margin 8.4% decreased compared to 17.1% same period last year
- P/E multiple is 3.9x compared to historical level (50th percentile) of 3.5x

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2026-05-15

#BSPB #reports

Bank Sankt-Peterburg reported for 2026 q1:
- Revenue -14.6% YoY (vs +32.4% in previous quarter and historical rate +6.7%)
- Net Income -29.7% YoY (vs -66.4% in previous quarter and historical rate -6.9%)
- Net Income margin 49.7% decreased compared to 60.5% same period last year
- P/E multiple is 4.3x compared to historical level (50th percentile) of 3.2x

------------------------------------------------

2026-05-14

#RTKM #reports

Rostelecom reported for 2026 q1:
- Revenue +9.9% YoY (vs +15.6% in previous quarter and historical rate +12.3%)
- EBITDA +13.3% YoY (vs +19.3% in previous quarter and historical rate +9.9%)
- Net Income +9.5% YoY (vs -94.7% in previous quarter and historical rate -6.6%)
- EBITDA margin 39.6% increased compared to 38.4% same period last year
- Net Debt increased by 24.4 bln rubles since the previous report (13.0% of market cap)
- FCF (LTM) -277.8 bln RUB (negative), 147.3% of market cap
- EV/EBITDA multiple is 2.9x compared to historical level (50th percentile) of 3.4x

------------------------------------------------

2026-05-13

#BAZA #reports

Basis reported for 2026 q1:
- Revenue +10.4% YoY (vs +233.5% in previous quarter and historical rate +94.7%)
- EBITDA -8.4% YoY (vs +340.2% in previous quarter and historical rate +95.4%)
- Net Income +10.4% YoY (vs -1.5% in previous quarter and historical rate +30.4%)
- EBITDA margin 39.6% decreased compared to 47.7% same period last year
- Net Debt increased by 0.9 bln rubles since the previous report (4.6% of market cap)
- FCF (LTM) +0.1 bln RUB (positive), 0.6% of market cap
- EV/EBITDA multiple is 5.5x compared to historical level (50th percentile) of 5.7x

------------------------------------------------

2026-05-04

#LENT #reports

Lenta reported for 2026 q1:
- Revenue +23.4% YoY (vs +22.2% in previous quarter and historical rate +31.3%)
- EBITDA +0.7% YoY (vs +19.3% in previous quarter and historical rate +56.8%)
- EBITDA margin 5.3% decreased compared to 6.6% same period last year
- Net Debt increased by 21.5 bln rubles since the previous report (9.7% of market cap)
- FCF (LTM) +2.8 bln RUB (positive), 1.3% of market cap
- EV/EBITDA multiple is 3.5x compared to historical level (50th percentile) of 4.2x

------------------------------------------------

2026-04-30

#PIKK #reports

PIK Group reported for 2025 H2:
- Revenue +7.5% YoY (vs +23.9% in previous half-year and historical rate +11.3%)
- EBITDA +51.7% YoY (vs -23.0% in previous half-year and historical rate +12.2%)
- Net Income +100% YoY (vs -21.6% in previous half-year and historical rate +30.2%)
- EBITDA margin 28.0% increased compared to 19.9% same period last year
- Net Debt decreased by 50.6 bln rubles since the previous report (14.3% of market cap)
- FCF (LTM) -11.8 bln RUB (negative), 3.3% of market cap
- EV/EBITDA multiple is 4.7x compared to historical level (50th percentile) of 10.7x
- EV/EBITDA expected multiple is 4.3x

Growth potential increased by 40.4% to +147.1%

------------------------------------------------

2026-04-30

#PHOR #reports

Phosagro reported for 2025 q4:
- Revenue -3.5% YoY (vs +10.6% in previous quarter and historical rate +3.3%)
- EBITDA -43.8% YoY (vs +12.1% in previous quarter and historical rate -7.6%)
- Net Income -5.6% YoY (vs +77.6% in previous quarter and historical rate +12.3%)
- EBITDA margin 23.2% decreased compared to 39.9% same period last year
- Net Debt increased by 27.6 bln rubles since the previous report (3.2% of market cap)
- FCF (LTM) +60.1 bln RUB (positive), 6.9% of market cap
- EV/EBITDA multiple is 6.8x compared to historical level (50th percentile) of 6.1x
- EV/EBITDA expected multiple is 7.2x

Growth potential decreased by 18.5% to -17.4%

------------------------------------------------

2026-04-30

#EUTR #reports

Evrotrans AO reported for 2025 H2:
- Revenue -23.9% YoY (vs +30.2% in previous half-year and historical rate +62.8%)
- EBITDA -32.8% YoY (vs +46.2% in previous half-year and historical rate +49.4%)
- Net Income -30.3% YoY (vs +45.0% in previous half-year and historical rate +122.5%)
- EBITDA margin 8.1% decreased compared to 9.2% same period last year
- Net Debt decreased by 10.5 bln rubles since the previous report (78.7% of market cap)
- FCF (LTM) +2 bln RUB (positive), 15.3% of market cap
- EV/EBITDA multiple is 3.8x compared to historical level (50th percentile) of 4.9x

------------------------------------------------

2026-04-30

#MVID #reports

M Video reported for 2025 H2:
- Revenue -38.5% YoY (vs -15.2% in previous half-year and historical rate -3.7%)
- EBITDA -145.1% YoY (vs -68.5% in previous half-year and historical rate -32.0%)
- Net Income -292.9% YoY (vs -143.6% in previous half-year and historical rate -346.9%)
- EBITDA margin -6.2% decreased compared to 8.5% same period last year
- Net Debt increased by 47 bln rubles since the previous report (425.4% of market cap)
- FCF (LTM) -53.1 bln RUB (negative), 480.3% of market cap
- EV/EBITDA multiple is -49.6x compared to historical level (50th percentile) of 6x

------------------------------------------------

2026-04-30

#MGNT #reports

Magnit reported for 2025 q4:
- Revenue +16% YoY (vs +16.0% in previous quarter and historical rate +14.4%)
- EBITDA +126.1% YoY (vs +126.1% in previous quarter and historical rate +25.4%)
- Net Income -188.9% YoY (vs -188.9% in previous quarter and historical rate -20.3%)
- EBITDA margin 11.7% increased compared to 6.0% same period last year
- Net Debt increased by 333.1 bln rubles since the previous report (184.1% of market cap)
- FCF (LTM) -843.7 bln RUB (negative), 466.2% of market cap
- EV/EBITDA multiple is 4.3x compared to historical level (50th percentile) of 4x

------------------------------------------------

2026-04-30

#GAZP #reports

Gazprom reported for 2025 q4:
- Revenue -18.2% YoY (vs -10.9% in previous quarter and historical rate -3.3%)
- EBITDA +47.5% YoY (vs +32.9% in previous quarter and historical rate +9.8%)
- Net Income -36.5% YoY (vs +100.0% in previous quarter and historical rate -36.7%)
- EBITDA margin 54.7% increased compared to 30.3% same period last year
- Net Debt increased by 218.3 bln rubles since the previous report (7.6% of market cap)
- FCF (LTM) -821.6 bln RUB (negative), 28.6% of market cap
- EV/EBITDA multiple is 3x compared to historical level (50th percentile) of 4.1x
- EV/EBITDA expected multiple is 4x

Growth potential increased by 134.1% to +25.1%

------------------------------------------------

2026-04-30

#DGTL #reports

Digital Habits reported for 2025 H2:
- Revenue +87% YoY (vs +106500.0% in previous half-year and historical rate +87.0%)
- EBITDA +9.6% YoY (vs +63600.0% in previous half-year and historical rate +9.6%)
- Net Income +1.2% YoY (vs in previous half-year and historical rate +1.2%)
- EBITDA margin 59.8% decreased compared to 101.9% same period last year
- Net Debt increased by 0.1 bln rubles since the previous report (2.2% of market cap)
- FCF (LTM) +0.1 bln RUB (positive), 2.0% of market cap
- EV/EBITDA multiple is 4.7x compared to historical level (50th percentile) of 4.4x

------------------------------------------------

2026-04-30

#UGLD #reports

Yuzhuralzoloto Group reported for 2025 H2:
- Revenue +54.8% YoY (vs +29.4% in previous half-year and historical rate +26.6%)
- EBITDA +36.7% YoY (vs +12.4% in previous half-year and historical rate +27.0%)
- Net Income +156.3% YoY (vs +34.4% in previous half-year and historical rate -11.6%)
- EBITDA margin 37.7% decreased compared to 42.7% same period last year
- Net Debt increased by 10.1 bln rubles since the previous report (6.0% of market cap)
- FCF (LTM) -7.7 bln RUB (negative), 4.6% of market cap
- EV/EBITDA multiple is 6.8x compared to historical level (50th percentile) of 9.6x
- EV/EBITDA expected multiple is 6.6x

Growth potential changed insignificantly and equals +11.7%

------------------------------------------------

2026-04-29

#EELT #reports

EuroElTech reported for 2025 q4:
- Revenue +251.7% YoY (vs -26.2% in previous quarter and historical rate +23.5%)
- EBITDA +356.5% YoY (vs -25.9% in previous quarter and historical rate +21.4%)
- Net Income +48.5% YoY (vs -17.6% in previous quarter and historical rate -6.6%)
- EBITDA margin 14.3% increased compared to 11.0% same period last year
- Net Debt decreased by 0.2 bln rubles since the previous report (4.5% of market cap)
- FCF (LTM) +0.7 bln RUB (positive), 15.6% of market cap
- EV/EBITDA multiple is 3.5x compared to historical level (50th percentile) of 5.8x

------------------------------------------------

2026-04-29

#ELFV #reports

EL5-Energo reported for 2025 q4:
- Revenue +24.5% YoY (vs +15.8% in previous quarter and historical rate +18.7%)
- EBITDA -4.1% YoY (vs -32.7% in previous quarter and historical rate +55.6%)
- EBITDA margin 19.0% decreased compared to 24.7% same period last year
- Net Debt decreased by 2.7 bln rubles since the previous report (15.8% of market cap)
- FCF (LTM) +9.5 bln RUB (positive), 56.5% of market cap
- EV/EBITDA multiple is 1.7x compared to historical level (50th percentile) of 3.8x

------------------------------------------------

2026-04-29

#ELFV #reports

EL5-Energo reported for 2026 q1:
- Revenue +24.5% YoY (vs +15.8% in previous quarter and historical rate +18.7%)
- EBITDA -4.1% YoY (vs -32.7% in previous quarter and historical rate +55.6%)
- Net Income +2.2% YoY (vs +23.6% in previous quarter and historical rate +27.4%)
- EBITDA margin 19.0% decreased compared to 24.7% same period last year
- Net Debt decreased by 2.7 bln rubles since the previous report (15.8% of market cap)
- FCF (LTM) +9.5 bln RUB (positive), 56.5% of market cap
- EV/EBITDA multiple is 1.7x compared to historical level (50th percentile) of 3.8x

------------------------------------------------

2026-04-29

#LMBZ #reports

Lambumiz reported for 2025 H2:
- Revenue +5% YoY (vs -3.0% in previous half-year and historical rate +2.4%)
- EBITDA -58.3% YoY (vs -1.9% in previous half-year and historical rate +48.6%)
- Net Income -51.8% YoY (vs +10.1% in previous half-year and historical rate -51.2%)
- EBITDA margin 6.1% decreased compared to 15.4% same period last year
- Net Debt decreased by 26 bln rubles since the previous report (307.7% of market cap)
- FCF (LTM) +26 bln RUB (positive), 308.0% of market cap
- EV/EBITDA multiple is -76.2x compared to historical level (50th percentile) of 22.8x

------------------------------------------------

2026-04-29

#X5 #reports

X5 Retail Group reported for 2026 q1:
- Revenue +11.3% YoY (vs +14.9% in previous quarter and historical rate +21.0%)
- EBITDA +24.9% YoY (vs +48.6% in previous quarter and historical rate +18.0%)
- EBITDA margin 5.2% increased compared to 4.7% same period last year
- Net Debt increased by 107 bln rubles since the previous report (18.4% of market cap)
- FCF (LTM) +14.7 bln RUB (positive), 2.5% of market cap
- EV/EBITDA multiple is 3.2x compared to historical level (50th percentile) of 3.6x

------------------------------------------------

2026-04-29

#DOMRF #reports

DOM.RF reported for 2026 q1:
- Revenue +44.5% YoY (vs +90.8% in previous quarter and historical rate +41.2%)
- Net Income +82.5% YoY (vs +244.7% in previous quarter and historical rate +57.8%)
- Net Income margin 47.1% increased compared to 37.3% same period last year
- P/E multiple is 3.9x compared to historical level (50th percentile) of 4.4x

------------------------------------------------

2026-04-29

#SPBE #reports

SPB Exchange reported for 2025 H2:
- Revenue +18.6% YoY (vs +36.3% in previous half-year and historical rate -9.5%)
- Net Income -2.3% YoY (vs -83.0% in previous half-year and historical rate +82.9%)
- Net Income margin 32.6% decreased compared to 39.5% same period last year
- P/E multiple is 39.5x compared to historical level (50th percentile) of 20.4x

------------------------------------------------

2026-04-29

#SBER #reports

Sberbank reported for 2026 q1:
- Revenue +14.8% YoY (vs +26.5% in previous quarter and historical rate +15.3%)
- Net Income +16.5% YoY (vs +12.9% in previous quarter and historical rate +55.6%)
- Net Income margin 40.0% increased compared to 39.5% same period last year
- P/E multiple is 4.1x compared to historical level (50th percentile) of 4.2x

------------------------------------------------

2026-04-29

#SELG #reports

Seligdar reported for 2025 q4:
- Revenue +59.5% YoY (vs +51.0% in previous quarter and historical rate +40.0%)
- EBITDA +75.6% YoY (vs +34.2% in previous quarter and historical rate +36.4%)
- Net Income +10.8% YoY (vs +11.9% in previous quarter and historical rate -43.0%)
- EBITDA margin 46.1% increased compared to 41.9% same period last year
- Net Debt increased by 34.8 bln rubles since the previous report (70.6% of market cap)
- FCF (LTM) -73 bln RUB (negative), 148.1% of market cap
- EV/EBITDA multiple is 6.5x compared to historical level (50th percentile) of 8.5x
- EV/EBITDA expected multiple is 9.8x

Growth potential decreased by 80.5% to -102.2%

------------------------------------------------

2026-04-29

#ROLO #reports

Rusolovo reported for 2025 H2:
- Revenue +18.3% YoY (vs +28.7% in previous half-year and historical rate +21.3%)
- Net Income -33.2% YoY (vs -60.4% in previous half-year and historical rate -42.2%)
- EBITDA margin -7.7% increased compared to -15.6% same period last year
- Net Debt increased by 3 bln rubles since the previous report (24.3% of market cap)
- FCF (LTM) -7.4 bln RUB (negative), 61.0% of market cap
- EV/EBITDA expected multiple is -28.9x

Growth potential increased by 45.6% to -382.4%

------------------------------------------------

2026-04-28

#ABRD #reports

Abrau Durso reported for 2025 H2:
- Revenue +8% YoY (vs +8.0% in previous half-year and historical rate +25.4%)
- EBITDA +9.3% YoY (vs +9.3% in previous half-year and historical rate +26.5%)
- Net Income +3.6% YoY (vs -20.4% in previous half-year and historical rate -36.8%)
- EBITDA margin 20.8% increased compared to 20.5% same period last year
- Net Debt decreased by 0.1 bln rubles since the previous report (0.6% of market cap)
- FCF (LTM) +0.7 bln RUB (positive), 4.4% of market cap
- EV/EBITDA multiple is 5.8x compared to historical level (50th percentile) of 8.4x

------------------------------------------------

2026-04-28

#VSEH #reports

VseInstrumenti reported for 2025 q4:
- Revenue -2.5% YoY (vs +7.4% in previous quarter and historical rate +30.4%)
- EBITDA +75.7% YoY (vs +28.4% in previous quarter and historical rate +33.9%)
- Net Income +258.7% YoY (vs +100.0% in previous quarter and historical rate +0.3%)
- EBITDA margin 10.8% increased compared to 6.0% same period last year
- Net Debt decreased by 3.4 bln rubles since the previous report (9.4% of market cap)
- FCF (LTM) +14.2 bln RUB (positive), 39.5% of market cap
- EV/EBITDA multiple is 2.9x compared to historical level (50th percentile) of 7x

------------------------------------------------

2026-04-28

#HNFG #reports

Henderson reported for 2025 H2:
- Revenue +13.1% YoY (vs +17.1% in previous half-year and historical rate +25.0%)
- EBITDA +59.1% YoY (vs -1.7% in previous half-year and historical rate +34.1%)
- Net Income -17.9% YoY (vs -32.7% in previous half-year and historical rate +56.1%)
- EBITDA margin 42.3% increased compared to 30.1% same period last year
- Net Debt increased by 9.7 bln rubles since the previous report (59.0% of market cap)
- FCF (LTM) -10.6 bln RUB (negative), 64.7% of market cap
- EV/EBITDA multiple is 3.5x compared to historical level (50th percentile) of 4.2x

------------------------------------------------

2026-04-28

#VTBR #reports

Bank VTB reported for 2026 q1:
- Revenue +121% YoY (vs +67.3% in previous quarter and historical rate +21.2%)
- Net Income -5.7% YoY (vs -30.7% in previous quarter and historical rate +64.7%)
- Net Income margin 48.1% decreased compared to 112.7% same period last year
- P/E multiple is 2.3x compared to historical level (50th percentile) of 2x

------------------------------------------------

2026-04-28

#OZON #reports

OZON reported for 2026 q1:
- Revenue +48.3% YoY (vs +43.3% in previous quarter and historical rate +54.8%)
- EBITDA +78.6% YoY (vs +203.3% in previous quarter and historical rate +92.0%)
- EBITDA margin 15.2% increased compared to 12.6% same period last year
- Net Debt increased by 92.7 bln rubles since the previous report (10.0% of market cap)
- FCF (LTM) -158.1 bln RUB (negative), 17.0% of market cap
- EV/EBITDA multiple is 9.1x compared to historical level (50th percentile) of 16.6x

------------------------------------------------

2026-04-28

#YDEX #reports

Yandex reported for 2026 q1:
- Revenue +21.6% YoY (vs +28.2% in previous quarter and historical rate +38.2%)
- EBITDA +49.9% YoY (vs +80.2% in previous quarter and historical rate +58.3%)
- EBITDA margin 19.7% increased compared to 16.0% same period last year
- Net Debt decreased by 7.8 bln rubles since the previous report (0.5% of market cap)
- FCF (LTM) +108.9 bln RUB (positive), 6.6% of market cap
- EV/EBITDA multiple is 5.7x compared to historical level (50th percentile) of 9.7x

------------------------------------------------

2026-04-27

#POSI #reports

Positive reported for 2026 q1:
- Revenue +45.6% YoY (vs +35.5% in previous quarter and historical rate +29.2%)
- Net Income +50% YoY (vs +45.9% in previous quarter and historical rate -478.0%)
- EBITDA margin -4.5% increased compared to -67.0% same period last year
- Net Debt decreased by 14.3 bln rubles since the previous report (19.2% of market cap)
- FCF (LTM) +5.4 bln RUB (positive), 7.3% of market cap

------------------------------------------------

2026-04-27

#UWGN #reports

Uniwagon reported for 2025 H2:
- Revenue -79.9% YoY (vs -25.5% in previous half-year and historical rate +46.3%)
- EBITDA -104.4% YoY (vs -9.0% in previous half-year and historical rate +79.1%)
- Net Income -100.3% YoY (vs +0.5% in previous half-year and historical rate -980.4%)
- EBITDA margin -3.4% decreased compared to 15.3% same period last year
- Net Debt increased by 3.3 bln rubles since the previous report (4.3% of market cap)
- FCF (LTM) +8.3 bln RUB (positive), 10.8% of market cap
- EV/EBITDA multiple is 2.6x compared to historical level (50th percentile) of 2.8x

------------------------------------------------

2026-04-27

#GLRX #reports

GLORAX reported for 2025 H2:
- Revenue +14.4% YoY (vs +45.3% in previous half-year and historical rate +97.5%)
- EBITDA +6.7% YoY (vs +57.7% in previous half-year and historical rate +107.2%)
- Net Income +27.8% YoY (vs +272.7% in previous half-year and historical rate +137.5%)
- EBITDA margin 21.3% decreased compared to 22.9% same period last year
- Net Debt increased by 17.1 bln rubles since the previous report (103.6% of market cap)
- FCF (LTM) -28.8 bln RUB (negative), 175.2% of market cap
- EV/EBITDA multiple is 8.1x compared to historical level (50th percentile) of 8.9x

------------------------------------------------

2026-04-24

#SMLT #reports

Samolet reported for 2025 H2:
- Revenue +16.4% YoY (vs +0.1% in previous half-year and historical rate +32.1%)
- EBITDA +25.8% YoY (vs +18.1% in previous half-year and historical rate +40.8%)
- Net Income -220.2% YoY (vs -60.9% in previous half-year and historical rate +121.1%)
- EBITDA margin 26.0% increased compared to 24.1% same period last year
- Net Debt increased by 63.7 bln rubles since the previous report (157.1% of market cap)
- FCF (LTM) -127.1 bln RUB (negative), 313.5% of market cap
- EV/EBITDA multiple is 7.9x compared to historical level (50th percentile) of 13.7x
- EV/EBITDA expected multiple is 7.4x

Growth potential changed insignificantly and equals +20.4%

------------------------------------------------

2026-04-23

#MAGN #reports

MMK reported for 2026 q1:
- Revenue -18.6% YoY (vs -12.0% in previous quarter and historical rate -7.5%)
- EBITDA -58.3% YoY (vs -15.6% in previous quarter and historical rate -24.7%)
- Net Income -143.7% YoY (vs -313.9% in previous quarter and historical rate -56.2%)
- EBITDA margin 6.6% decreased compared to 12.9% same period last year
- Net Debt increased by 13.4 bln rubles since the previous report (4.4% of market cap)
- FCF (LTM) -6.4 bln RUB (negative), 2.1% of market cap
- EV/EBITDA multiple is 3.4x compared to historical level (50th percentile) of 2.3x
- EV/EBITDA expected multiple is 161.3x

Growth potential decreased by 2.1% to -78.5%

------------------------------------------------

2026-04-23

#BELU #reports

Beluga reported for 2025 q4:
- Revenue +2.2% YoY (vs +2.2% in previous quarter and historical rate +16.1%)
- EBITDA +8% YoY (vs +8.0% in previous quarter and historical rate +7.7%)
- Net Income +15% YoY (vs +15.0% in previous quarter and historical rate -6.0%)
- EBITDA margin 15.0% increased compared to 14.2% same period last year
- Net Debt increased by 2 bln rubles since the previous report (5.6% of market cap)
- FCF (LTM) +2.7 bln RUB (positive), 7.4% of market cap
- EV/EBITDA multiple is 3.7x compared to historical level (50th percentile) of 5.1x

------------------------------------------------

2026-04-21

#OKEY #reports

OKEY reported for 2025 H2:
- Revenue -69.7% YoY (vs +2.9% in previous half-year and historical rate -8.3%)
- EBITDA -40.9% YoY (vs +27.4% in previous half-year and historical rate +5.1%)
- Net Income -322.2% YoY (vs +100.0% in previous half-year and historical rate -155.9%)
- EBITDA margin 18.6% increased compared to 9.6% same period last year
- Net Debt decreased by 13.7 bln rubles since the previous report (126.6% of market cap)
- FCF (LTM) -25 bln RUB (negative), 230.6% of market cap
- EV/EBITDA multiple is 3.6x compared to historical level (50th percentile) of 2.8x

------------------------------------------------

2026-04-21

#CHMF #reports

Severstal reported for 2026 q1:
- Revenue -15.2% YoY (vs +1.6% in previous quarter and historical rate 0.0%)
- EBITDA -54.5% YoY (vs -47.3% in previous quarter and historical rate -18.1%)
- Net Income -99.7% YoY (vs -153.0% in previous quarter and historical rate -32.3%)
- EBITDA margin 11.8% decreased compared to 22.1% same period last year
- Net Debt increased by 41.7 bln rubles since the previous report (6.1% of market cap)
- FCF (LTM) -51.6 bln RUB (negative), 7.6% of market cap
- EV/EBITDA multiple is 6.4x compared to historical level (50th percentile) of 3.9x
- EV/EBITDA expected multiple is 92.7x

Growth potential decreased by 8.2% to -103.4%

------------------------------------------------

2026-04-17

#VRSB #reports

TNS Energo Voronezh reported for 2025 H2:
- Revenue -98% YoY (vs -65.8% in previous half-year and historical rate +12.1%)
- EBITDA -99.9% YoY (vs -66.6% in previous half-year and historical rate +45.5%)
- Net Income +100% YoY (vs -63.6% in previous half-year and historical rate +328.5%)
- EBITDA margin 5.3% decreased compared to 196.6% same period last year
- Net Debt increased by 66.5 bln rubles since the previous report (331.8% of market cap)
- FCF (LTM) -133.1 bln RUB (negative), 664.1% of market cap
- EV/EBITDA multiple is 0x compared to historical level (50th percentile) of 0.3x

------------------------------------------------

2026-04-17

#TNSE #reports

TNS energy reported for 2025 H2:
- Revenue +14.9% YoY (vs +10.8% in previous half-year and historical rate +8.6%)
- EBITDA +583.9% YoY (vs +7.2% in previous half-year and historical rate +33.3%)
- Net Income +100% YoY (vs +100.0% in previous half-year and historical rate +51.1%)
- EBITDA margin 7.0% increased compared to 1.2% same period last year
- Net Debt decreased by 9.5 bln rubles since the previous report (19.8% of market cap)
- FCF (LTM) +14 bln RUB (positive), 29.1% of market cap
- EV/EBITDA multiple is 0.8x compared to historical level (50th percentile) of 1.6x

------------------------------------------------

2026-04-17

#NNSB #reports

TNS Energo NN reported for 2025 H2:
- Revenue -97.4% YoY (vs -98.8% in previous half-year and historical rate +34.3%)
- EBITDA +0.9% YoY (vs -0.3% in previous half-year and historical rate +66.8%)
- Net Income +100% YoY (vs -66.6% in previous half-year and historical rate -790.7%)
- EBITDA margin 728.9% increased compared to 18.8% same period last year
- Net Debt decreased by 3.2 bln rubles since the previous report (20.5% of market cap)
- FCF (LTM) +5.4 bln RUB (positive), 34.6% of market cap
- EV/EBITDA multiple is 0x compared to historical level (50th percentile) of 0x

------------------------------------------------

2026-04-17

#MISB #reports

TNS Energo Mari el reported for 2025 H2:
- Revenue +13% YoY (vs +9.9% in previous half-year and historical rate +7.7%)
- EBITDA +9.2% YoY (vs +134.8% in previous half-year and historical rate +57.9%)
- Net Income -31.5% YoY (vs +18.1% in previous half-year and historical rate +151.0%)
- EBITDA margin 8.8% decreased compared to 9.1% same period last year
- Net Debt decreased by 0.4 bln rubles since the previous report (6.7% of market cap)
- FCF (LTM) +1 bln RUB (positive), 15.7% of market cap
- EV/EBITDA multiple is 4.6x compared to historical level (50th percentile) of 10x

------------------------------------------------

2026-04-17

#KBSB #reports

TNS Energo Kuban reported for 2025 H2:
- Revenue -99% YoY (vs -98.8% in previous half-year and historical rate +30.5%)
- EBITDA +0.3% YoY (vs +0.1% in previous half-year and historical rate +1.7%)
- Net Income +309.4% YoY (vs +40.8% in previous half-year and historical rate +4.6%)
- EBITDA margin 2850.8% increased compared to 28.6% same period last year
- Net Debt decreased by 3.5 bln rubles since the previous report (22.0% of market cap)
- FCF (LTM) -130.1 bln RUB (negative), 809.6% of market cap
- EV/EBITDA multiple is 0x compared to historical level (50th percentile) of 0x

------------------------------------------------

2026-04-17

#GEMC #reports

United Medical Group reported for 2025 H2:
- Revenue +5.8% YoY (vs +2.2% in previous half-year and historical rate +11.0%)
- EBITDA -11.7% YoY (vs +0.2% in previous half-year and historical rate +23.7%)
- Net Income -86.4% YoY (vs +25.7% in previous half-year and historical rate +135318.5%)
- EBITDA margin 40.5% decreased compared to 48.5% same period last year
- Net Debt increased by 24.1 bln rubles since the previous report (31.0% of market cap)
- FCF (LTM) -17.7 bln RUB (negative), 22.8% of market cap
- EV/EBITDA multiple is 8.2x compared to historical level (50th percentile) of 6.8x

------------------------------------------------

2026-04-17

#KMAZ #reports

Kamaz reported for 2025 H2:
- Revenue +10.7% YoY (vs -17.9% in previous half-year and historical rate +9.1%)
- EBITDA -34.6% YoY (vs -164.0% in previous half-year and historical rate -30.9%)
- Net Income -309.7% YoY (vs -941.7% in previous half-year and historical rate +1084.9%)
- EBITDA margin 3.9% decreased compared to 6.6% same period last year
- Net Debt increased by 78 bln rubles since the previous report (145.7% of market cap)
- FCF (LTM) -60.1 bln RUB (negative), 112.3% of market cap
- EV/EBITDA multiple is -69.4x compared to historical level (50th percentile) of 5.9x

------------------------------------------------

2026-04-17

#SVAV #reports

Sollers reported for 2025 H2:
- Revenue -22.4% YoY (vs -42.2% in previous half-year and historical rate -6.9%)
- EBITDA +429% YoY (vs -98.9% in previous half-year and historical rate +1.6%)
- Net Income +65.3% YoY (vs -176.6% in previous half-year and historical rate -72.7%)
- EBITDA margin 22.0% increased compared to 3.2% same period last year
- Net Debt increased by 15.4 bln rubles since the previous report (104.8% of market cap)
- FCF (LTM) +2.9 bln RUB (positive), 19.5% of market cap
- EV/EBITDA multiple is 3.6x compared to historical level (50th percentile) of 4.4x

------------------------------------------------

2026-04-16

#AFKS #reports

Sistema reported for 2025 q4:
- Revenue +5% YoY (vs +13.4% in previous quarter and historical rate +13.6%)
- EBITDA -70.6% YoY (vs +21.1% in previous quarter and historical rate +2.0%)
- Net Income -1349.5% YoY (vs -1349.5% in previous quarter and historical rate -574.9%)
- EBITDA margin 6.8% decreased compared to 24.4% same period last year
- Net Debt decreased by 406.2 bln rubles since the previous report (336.0% of market cap)
- FCF (LTM) +275.3 bln RUB (positive), 227.7% of market cap
- EV/EBITDA multiple is 5x compared to historical level (50th percentile) of 7.9x

------------------------------------------------

2026-04-16

#ETLN #reports

Etalon reported for 2025 H2:
- Revenue +3.6% YoY (vs +35.0% in previous half-year and historical rate +27.0%)
- EBITDA -21.6% YoY (vs +42.8% in previous half-year and historical rate +34.3%)
- EBITDA margin 14.0% decreased compared to 18.6% same period last year
- Net Debt increased by 19.7 bln rubles since the previous report (142.5% of market cap)
- FCF (LTM) -41.7 bln RUB (negative), 301.9% of market cap
- EV/EBITDA multiple is 9.1x compared to historical level (50th percentile) of 14x

Growth potential decreased by 778.3% to -710.6%

------------------------------------------------

2026-04-16

#SGZH #reports

Segezha Group reported for 2025 q4:
- Revenue -19.5% YoY (vs -13.2% in previous quarter and historical rate -1.8%)
- EBITDA -2489.8% YoY (vs -81.6% in previous quarter and historical rate -47.9%)
- Net Income -421% YoY (vs -421.0% in previous quarter and historical rate -4159.4%)
- EBITDA margin -161.5% decreased compared to 5.4% same period last year
- Net Debt increased by 6.3 bln rubles since the previous report (6.9% of market cap)
- FCF (LTM) -30.5 bln RUB (negative), 33.8% of market cap
- EV/EBITDA multiple is -4.7x compared to historical level (50th percentile) of 39.8x
- EV/EBITDA expected multiple is -3.9x

Growth potential decreased by 249.7% to -551.8%

------------------------------------------------

2026-04-16

#ELMT #reports

Element reported for 2025 H2:
- Revenue -6.8% YoY (vs -18.9% in previous half-year and historical rate +18.9%)
- EBITDA -75.4% YoY (vs -35.8% in previous half-year and historical rate +11.5%)
- Net Income -196% YoY (vs -47.3% in previous half-year and historical rate +84.3%)
- EBITDA margin 5.9% decreased compared to 22.3% same period last year
- Net Debt decreased by 8 bln rubles since the previous report (11.9% of market cap)
- FCF (LTM) +4.5 bln RUB (positive), 6.8% of market cap
- EV/EBITDA multiple is 13.9x compared to historical level (50th percentile) of 7.9x

------------------------------------------------

2026-04-15

#OZPH #reports

Ozon Pharm reported for 2025 q4:
- Revenue +36.8% YoY (vs +52.7% in previous quarter and historical rate +21.2%)
- EBITDA +16.3% YoY (vs +109.2% in previous quarter and historical rate +36.5%)
- Net Income +4.3% YoY (vs -37.2% in previous quarter and historical rate +45.3%)
- EBITDA margin 42.1% decreased compared to 49.5% same period last year
- Net Debt decreased by 1.3 bln rubles since the previous report (2.2% of market cap)
- FCF (LTM) +1.6 bln RUB (positive), 2.7% of market cap
- EV/EBITDA multiple is 5.7x compared to historical level (50th percentile) of 6.4x

------------------------------------------------

2026-04-13

#ROSN #reports

Rosneft reported for 2025 q4:
- Revenue -23.9% YoY (vs -17.3% in previous quarter and historical rate +1.1%)
- EBITDA -37.1% YoY (vs -19.9% in previous quarter and historical rate +9.4%)
- Net Income -67.7% YoY (vs -68.7% in previous quarter and historical rate +72.3%)
- EBITDA margin 27.2% decreased compared to 32.8% same period last year
- EV/EBITDA multiple is 4.1x compared to historical level (50th percentile) of 3.3x
- EV/EBITDA expected multiple is 3.7x

Growth potential increased by 6.9% to -16.0%

------------------------------------------------

2026-04-13

#BANE #reports

Bashneft reported for 2025 q4:
- Revenue -13.7% YoY (vs -13.7% in previous quarter and historical rate +1.6%)
- EBITDA -60.1% YoY (vs +3811700.0% in previous quarter and historical rate +13.9%)
- Net Income -54.1% YoY (vs -54.1% in previous quarter and historical rate -40.3%)
- EBITDA margin 15.2% decreased compared to 32.9% same period last year
- EV/EBITDA multiple is 2.5x compared to historical level (50th percentile) of 2.2x
- EV/EBITDA expected multiple is 3.1x

------------------------------------------------

2026-04-10

#SIBN #reports

Gazprom Neft reported for 2025 q4:
- Revenue -13.1% YoY (vs -10.8% in previous quarter and historical rate +3.6%)
- EBITDA -10.9% YoY (vs -18.0% in previous quarter and historical rate -6.1%)
- Net Income -78.3% YoY (vs +39.2% in previous quarter and historical rate -32.6%)
- EBITDA margin 27.8% increased compared to 27.1% same period last year
- Net Debt increased by 311.2 bln rubles since the previous report (12.4% of market cap)
- FCF (LTM) -353.5 bln RUB (negative), 14.1% of market cap
- EV/EBITDA multiple is 4.6x compared to historical level (50th percentile) of 3.8x
- EV/EBITDA expected multiple is 4.5x

Growth potential increased by 7.4% to -18.2%

------------------------------------------------

2026-04-10

#LSNG #reports

Lenenergo reported for 2025 H2:
- Revenue +77.8% YoY (vs -47.3% in previous half-year and historical rate +14.1%)
- EBITDA +310.7% YoY (vs -35.5% in previous half-year and historical rate +23.8%)
- Net Income +104.4% YoY (vs +5.5% in previous half-year and historical rate +26.9%)
- EBITDA margin 37.8% increased compared to 16.4% same period last year
- Net Debt increased by 0.4 bln rubles since the previous report (0.3% of market cap)
- FCF (LTM) +11.5 bln RUB (positive), 7.1% of market cap
- EV/EBITDA multiple is 2.2x compared to historical level (50th percentile) of 3.6x

------------------------------------------------

2026-04-09

#TGKN #reports

TGK-14 reported for 2025 H2:
- Revenue +9.5% YoY (vs +14.6% in previous half-year and historical rate +14.7%)
- EBITDA -36.7% YoY (vs +13.9% in previous half-year and historical rate +23.1%)
- Net Income -114.7% YoY (vs -37.1% in previous half-year and historical rate -39.1%)
- EBITDA margin 14.1% decreased compared to 24.3% same period last year
- Net Debt increased by 0.3 bln rubles since the previous report (3.7% of market cap)
- FCF (LTM) -4.4 bln RUB (negative), 52.9% of market cap
- EV/EBITDA multiple is 6.3x compared to historical level (50th percentile) of 5.9x

------------------------------------------------

2026-04-09

#FESH #reports

FESCO reported for 2025 H2:
- Revenue -8.8% YoY (vs +11.9% in previous half-year and historical rate +5.4%)
- EBITDA -14.4% YoY (vs +29.4% in previous half-year and historical rate +10.7%)
- Net Income +4.5% YoY (vs -60.2% in previous half-year and historical rate +103.8%)
- EBITDA margin 29.1% decreased compared to 31.0% same period last year
- Net Debt increased by 0.3 bln rubles since the previous report (0.1% of market cap)
- FCF (LTM) +8.2 bln RUB (positive), 3.8% of market cap
- EV/EBITDA multiple is 5x compared to historical level (50th percentile) of 4.7x
- EV/EBITDA expected multiple is 8.3x

Growth potential increased by 26.9% to -46.9%

------------------------------------------------

2026-04-07

#POSI #reports

Positive reported for 2025 q4:
- Revenue +35.5% YoY (vs -6.4% in previous quarter and historical rate +26.3%)
- EBITDA +41.3% YoY (vs +681.6% in previous quarter and historical rate -16.2%)
- Net Income +45.9% YoY (vs +11.1% in previous quarter and historical rate -487.6%)
- EBITDA margin 71.2% increased compared to 68.3% same period last year
- Net Debt decreased by 0.4 bln rubles since the previous report (0.5% of market cap)
- FCF (LTM) -1.1 bln RUB (negative), 1.4% of market cap
- EV/EBITDA multiple is 8.1x compared to historical level (50th percentile) of 19.1x

------------------------------------------------

2026-04-07

#MRKS #reports

IDGC Siberia reported for 2025 q4:
- Revenue +106.1% YoY (vs +106.1% in previous quarter and historical rate +36.8%)
- EBITDA -39.1% YoY (vs +233.8% in previous quarter and historical rate +73.0%)
- Net Income +292.7% YoY (vs +292.7% in previous quarter and historical rate -74.5%)
- EBITDA margin 10.8% decreased compared to 36.6% same period last year
- Net Debt decreased by 3.3 bln rubles since the previous report (7.0% of market cap)
- FCF (LTM) +5.1 bln RUB (positive), 10.7% of market cap
- EV/EBITDA multiple is 5.8x compared to historical level (50th percentile) of 9.4x

------------------------------------------------

2026-04-06

#MRKZ #reports

IDGC North West reported for 2025 q4:
- Revenue +29% YoY (vs +34.5% in previous quarter and historical rate +19.3%)
- EBITDA +295.9% YoY (vs +124.1% in previous quarter and historical rate +70.6%)
- Net Income +1347.5% YoY (vs +100.0% in previous quarter and historical rate -33.4%)
- EBITDA margin 25.1% increased compared to 8.2% same period last year
- Net Debt decreased by 1.5 bln rubles since the previous report (13.4% of market cap)
- FCF (LTM) +1.1 bln RUB (positive), 10.1% of market cap
- EV/EBITDA multiple is 1.1x compared to historical level (50th percentile) of 2.5x

------------------------------------------------

2026-04-03

#CARM #reports

CarMoney reported for 2025 H2:
- Revenue +26359.5% YoY (vs -23.7% in previous half-year and historical rate +29.9%)
- Net Income +32085.5% YoY (vs -59.1% in previous half-year and historical rate +21.4%)
- Net Income margin 15.8% increased compared to 13.0% same period last year
- P/E multiple is 0.1x compared to historical level (50th percentile) of 11.1x

------------------------------------------------

2026-04-02

#ASTR #reports

Astra reported for 2025 q4:
- Revenue +15.3% YoY (vs +4.0% in previous quarter and historical rate +77.0%)
- EBITDA +28% YoY (vs -30.0% in previous quarter and historical rate +72.9%)
- Net Income +29.8% YoY (vs -74.0% in previous quarter and historical rate +42.1%)
- EBITDA margin 59.4% increased compared to 53.5% same period last year
- EV/EBITDA multiple is 6.8x compared to historical level (50th percentile) of 19.8x

------------------------------------------------

2026-03-31

#MSRS #reports

Rosseti Moscow Region reported for 2025 q4:
- Revenue +20.1% YoY (vs +18.1% in previous quarter and historical rate +11.7%)
- EBITDA -55.7% YoY (vs +2288000.0% in previous quarter and historical rate +26.0%)
- Net Income +100% YoY (vs +24.0% in previous quarter and historical rate +31.4%)
- EBITDA margin 32.9% decreased compared to 89.3% same period last year
- Net Debt decreased by 5.8 bln rubles since the previous report (6.6% of market cap)
- FCF (LTM) -6 bln RUB (negative), 6.8% of market cap
- EV/EBITDA multiple is 1.7x compared to historical level (50th percentile) of 2x

General information

Leading nickel and PGMs producer. Recently enjoys increasing demand due to grow of electric vehicles and renewables. In 2020 faced ecological problems / is likely to pay large (over $2bn) fine, which put certain pressure on the company share prices

Current market environment: positive. Prices of production are 4.4% higher compared to the last 12 months (LTM)
Prices of production are at 37.6% percentile over the past 5 years, adjusted for inflation
Dividend yield for the last twelve months 0.1%
Free cash flow yield -5.7% (LTM), projected -8.3%
Share of USD-denominated sales in revenue of the company (estimate) ≈ 100.0%
Share price is 29.1% higher than minimum and 31.4% lower than maximum for the last 3 years
The company is overvalued by EV / LTM EBITDA multiple compared to target level (6.2x vs
)
The company is overvalued by EV / projected EBITDA multiple compared to target level (
vs
)
Taking into account the impact of the key rate 14.0% on the change in financial parameters: EBITDA adjustment is 10 905 mln rub as NetDebt * (expected key rate - 3 years average 16.4%) / 2, expected EBITDA adjusted for key rate increases is 398 177 mln rub, expected mult is 7.0x, target mult is 6.9x, potential is -3.0%

Key Financials (Download financials)

Ticker: GMKN

Share price, RUB: (-3.1%)123.98

year average price 134.86

year start price 109.08 2025-07-03

min close price 101.40 2025-07-11

max close price 170.50 2026-01-29

current price 123.68 2026-07-02

Common stocks: 15 286 339 700

Dividend Yield: 0.1%

FCF Yield LTM / expected: -5.7% / -8.3%

EV / LTM EBITDA:6.2x

EV / EBITDA annualized: 5.6x

Production prices change from LTM: 4.4%

EV / projected EBITDA:

Target EV / EBITDA (hist percentile):

Express share price potential:

EV / LTM EBITDA mutiple calculation

Market Cap (m RUB): 1 895 200

Net Debt (m RUB): 881 143

EV (Enterprise Value): 2 776 343

EBITDA LTM (m RUB): 448 093

Net Income LTM (m RUB): 198 146

EV / LTM EBITDA: 6.2x

Net Debt / LTM EBITDA (if EBITDA > 0): 2.0x

Average daily trading volume for the week, RUB mln: 2529

[auto extract] P / E 9.6x

[auto extract] P / E ann-d7.6x

[auto extract] P / B 2.1x

EBITDA margin ann-d 42.5%

Net income margin ann-d 22.9%

Revenue and EBITDA

Semi-Annual values (m RUB)

Change (y/y)

Cash Flow

FCF (m RUB), before FX effects elimination

Net Debt / Cash and Equivalents (m RUB)

Share price and dividends (Download history)

Share price

Payment RUB per share

Multiple and potential

EV / LTM EBITDA and 50% percentile

Potential dynamics

Daily trade volumes

Millions of RUB

P/B and P/E multipliers

P / B

P / E

Фьючерсы

Show/Hide

Название	Инструмент	Дата экспирации	Последняя цена	За день	Дневной объем млн руб	Цена акции	Контанго / бэквордация	Annualized
Фьючерсный контракт GMKN-9.26	GKU6	2026-09-18	1269.00	-3.4%	566.1	123.98	+2.4%	+11.5%
Фьючерсный контракт GMKN-12.26	GKZ6	2026-12-18	1306.00	-3.6%	4.2	123.98	+5.3%	+11.9%

MSFO data *The values are shown in mln. The % change shows the difference from the same period last year

View as Pivot Table Export as Pivot Table (xlsx)

Income

Q	Revenue	Gross profit	Operating income	Net income	PercentProfit	PercentLoss


2025 H2 ( 15023 , 15024 )	542 965-20%	243 105-21%	177 288-15%	124 598+29%		-26 623-47%
2025 H1 ( 12259 , 12260 )	564 622+11%	250 254+9%	138 622+6%	73 548-2%		-48 304+40%
2024 H2 ( 9284 , 9285 )	680 169-14%	307 011-25%	208 674-31%	96 962-48%		-50 431+67%
2024 H1 ( 8940 , 8941 )	508 970-8%	229 881-18%	130 466-39%	75 265-9%		-34 591+51%
2023 H2 ( 7680 , 7681 )	793 660+133%	408 767+124%	303 991+125%	185 905<-100%		-30 118<-100%
2023 H1 ( 6815 , 6816 )	552 903-20%	281 431-34%	214 336-35%	82 615-79%	22 931	-22 931-25%
2022 H2 ( 6817 , 6818 )	340 010-48%	182 244-58%	135 254-56%	-31 672<-100%		329<-100%
2022 H1 ( 6819 , 6820 )	692 855+4%	428 260-6%	329 567-17%	390 604+23%		-30 557+137%
2021 H2 ( 726 , 3001 )	651 7660%	432 971-6%	307 085-16%	195 926-25%		-7 637-74%
2021 H1 ( 3002 , 3003 )	665 182+42%	456 387+55%	396 824>+200%	316 953>+200%		-12 900-62%
2020 H2 ( 3004 , 3005 )	655 006+40%	458 554+54%	365 558+50%	260 653+36%		-29 600+113%
2020 H1 ( 3006 , 3007 )	468 057+14%	293 625+20%	95 899-55%	3 139-98%		-33 547>+200%
2019 H2 ( 6829 , 6830 )	466 591+10%	297 960+93%	243 061+50%	192 282+96%		-13 871-24%
2019 H1 ( 3008 , 3009 )	410 014+19%	244 758+26%	213 153+32%	195 298+102%		-5 800-60%
2018 H2 ( 6833 , 6834 )	424 710+41%	154 144+1%	162 104+20%	98 197-14%		-18 214+22%
2018 H1 ( 727 , 728 )	345 250+39%	194 950+63%	161 530+93%	96 620+75%		-14 617-5%
2017 H2 ( 729 , 730 )	302 244+28%	152 945+9%	134 702+53%	114 422>+200%		-14 955>+200%
2017 H1 ( 731 , 732 )	247 705-7%	119 590-11%	83 571-20%	55 141-38%		-15 369-3%
2016 H2 ( 733 , 734 )	236 508-12%	139 712-7%	88 199-3%	12 548+6%		-4 274-69%
2016 H1 ( 735 , 736 )	266 855-4%	134 328-15%	105 032-23%	88 914-10%		-15 823+115%
2015 H2 ( 737 , 738 )	268 812-10%	149 697-9%	90 826-29%	11 818-64%		-13 704>+200%
2015 H1 ( 739 , 740 )	278 233+39%	158 749+67%	135 837+91%	99 122+95%		-7 372+124%
2014 H2 ( 741 , 742 )	299 018+55%	165 036+101%	128 459>+200%	33 105>+200%		-4 234-37%
2014 H1 ( 743 , 744 )	199 730+13%	95 316+24%	70 997+27%	50 947>+200%		-3 289-38%
2013 H2 ( 745 , 746 )	193 165-5%	82 236-16%	22 364-60%	6 636-70%		-6 678+35%
2013 H1	176 424-3%	76 732-13%	55 695-14%	16 910-63%		-5 306+27%
2012 H2	202 805-6%	98 441-25%	55 713-39%	21 973-62%		-4 960+78%
2012 H1	181 683-13%	88 099-27%	64 657-33%	45 382-33%		-4 167+135%
2011 H2 ( 752 , 753 )	216 641+10%	130 894+8%	91 485-9%	58 386-28%	10 912>+200%	-2 786+31%
2011 H1	209 854	120 648	96 816	68 034		-1 774
2010 H2	196 676+47%	121 500+78%	100 870+80%	80 579+105%	2	-2 125-22%
2009 H2	133 939	68 443	55 899	39 263		-2 728

Balance

Implied interest rate for 2025 H2:
= (PercentLoss - PercentProfit) * (365 / periodLength) / (NetDebt - MinorityInterest)
= (26 623 - 0) * 2 / (904 396 - 167 446)

Q	Total equity	Total assets	Net debt	Implied interest rate	NetDebt / LTM EBITDA


2025 H2 ( 15023 , 15024 )	890 003+27%	2 458 284+4%	904 396-15%	7.2%	1.97x
2025 H1 ( 12259 , 12260 )	782 880+24%	2 436 290+11%	977 718-5%	11.5%	2.09x
2024 H2 ( 9284 , 9285 )	699 251+21%	2 355 919+11%	1 068 349+4%	10.7%	2.26x
2024 H1 ( 8940 , 8941 )	633 520+10%	2 186 448+6%	1 032 942+10%	7.6%	1.98x
2023 H2 ( 7680 , 7681 )	577 943+15%	2 130 689+17%	1 023 508+23%	6.6%	1.45x
2023 H1 ( 6815 , 6816 )	578 314+25%	2 058 128+31%	942 872+55%		1.77x
2022 H2 ( 6817 , 6818 )	500 963+83%	1 814 406+4%	829 922+21%		1.29x
2022 H1 ( 6819 , 6820 )	463 461+66%	1 577 018+31%	610 107+44%	11.6%	0.84x
2021 H2 ( 726 , 3001 )	273 847-8%	1 741 168+14%	683 997+69%	2.5%	0.58x
2021 H1 ( 3002 , 3003 )	279 163+87%	1 202 039-17%	422 251-25%	6.2%	0.75x
2020 H2 ( 3004 , 3005 )	297 254+26%	1 529 478+27%	405 289-28%	16.6%	0.75x
2020 H1 ( 3006 , 3007 )	149 470-38%	1 452 068+40%	564 001+54%	12.7%	1.37x
2019 H2 ( 6829 , 6830 )	236 533+5%	1 208 035+13%	560 532+11%	5.2%	0.85x
2019 H1 ( 3008 , 3009 )	241 703-4%	1 040 741-10%	365 590-23%	3.2%	0.75x
2018 H2 ( 6833 , 6834 )	225 022-3%	1 064 787+7%	504 501+44%	7.5%	1.29x
2018 H1 ( 727 , 728 )	252 848+20%	1 155 129+16%	476 608+18%	6.4%	1.26x
2017 H2 ( 729 , 730 )	231 9230%	998 2650%	350 7430%	8.6%	2.21x
2017 H1 ( 731 , 732 )	210 559-1%	997 249+5%	404 015+20%	7.7%	1.45x
2016 H2 ( 733 , 734 )	231 923+41%	998 265+1%	350 743-3%	2.5%	1.10x
2016 H1 ( 735 , 736 )	212 821-20%	946 574+25%	337 479+69%	9.4%	1.43x
2015 H2 ( 737 , 738 )	164 768-42%	983 972+26%	363 019+74%	7.6%	1.29x
2015 H1 ( 739 , 740 )	266 823-19%	754 624+14%	199 135+69%	7.5%	0.65x
2014 H2 ( 741 , 742 )	282 424-10%	778 857+27%	208 145+35%	4.1%	0.85x
2014 H1 ( 743 , 744 )	329 797-4%	662 7530%	117 981-30%	5.8%	0.97x
2013 H2 ( 745 , 746 )	314 847-20%	614 746-4%	154 467+32%	8.9%	1.25x
2013 H1	344 886-4%	664 222+9%	169 159+76%	6.4%	2.46x
2012 H2	392 115+9%	640 965+6%	117 442-9%	8.7%
2012 H1	358 760	610 242	96 223	9.0%
2011 H2 ( 752 , 753 )	360 451-34%	607 453-17%	129 540<-100%	-12.9%
2011 H1
2010 H2	549 465	730 898	-49 890
2009 H2

Cashflow

Q	Operating cashflow	Investing cashflow	Financial cashflow


2025 H2 ( 15023 , 15024 )	267 035-11%	82 104-4%
2025 H1 ( 12259 , 12260 )	244 052+61%	-95 821+4%
2024 H2 ( 9284 , 9285 )	300 832-21%	85 968<-100%
2024 H1 ( 8940 , 8941 )	151 892-43%	-92 515-17%
2023 H2 ( 7680 , 7681 )	379 295>+200%	-172 657+42%
2023 H1 ( 6815 , 6816 )	265 526+8%	-111 955-16%
2022 H2 ( 6817 , 6818 )	103 748-77%	-121 593-1%
2022 H1 ( 6819 , 6820 )	246 539+3%	-132 799+89%
2021 H2 ( 726 , 3001 )	443 0230%	-123 276+45%
2021 H1 ( 3002 , 3003 )	238 479-7%	-70 327+97%
2020 H2 ( 3004 , 3005 )	440 877+52%	-85 104+81%
2020 H1 ( 3006 , 3007 )	256 242+16%	-35 709+44%
2019 H2 ( 6829 , 6830 )	290 390+31%	-47 102+108%
2019 H1 ( 3008 , 3009 )	221 298+6%	-24 828-23%
2018 H2 ( 6833 , 6834 )	222 009+21%	-22 630-74%
2018 H1 ( 727 , 728 )	208 403+141%	-32 316-15%
2017 H2 ( 729 , 730 )	183 714+41%	-87 851>+200%
2017 H1 ( 731 , 732 )	86 483-34%	-38 125-39%
2016 H2 ( 733 , 734 )	129 924+17%	-17 138-72%
2016 H1 ( 735 , 736 )	131 341-24%	-62 343+185%
2015 H2 ( 737 , 738 )	111 190-38%	-62 206+75%
2015 H1 ( 739 , 740 )	171 784+62%	-21 839+38%
2014 H2 ( 741 , 742 )	178 473+84%	-35 540+21%
2014 H1 ( 743 , 744 )	106 128+67%	-15 816-39%
2013 H2 ( 745 , 746 )	96 809+28%	-29 294-69%
2013 H1	63 421-3%	-26 125<-100%
2012 H2	75 393-37%	-94 228<-100%
2012 H1	65 270-21%	3 647>+200%
2011 H2 ( 752 , 753 )	119 897+8%	1 607<-100%
2011 H1	83 112	114
2010 H2	110 631+81%	-662<-100%
2009 H2	61 121	1 223

RSBU data *The values are shown in mln. The % change shows the difference from the same period last year

View as Pivot Table Export as Pivot Table (xlsx)

Income

Q	Revenue	Gross profit	Operating income	Net income	PercentProfit	PercentLoss


2026 q1	282 174+9%	124 956+13%	104 398+15%	22 177-64%	3 928+155%	-30 876-39%
2025 q4	247 219-5%	82 154-19%	59 036-17%	119 113+40%	4 074+58%	-31 218-32%
2025 q3	203 265-7%	50 030-39%	29 507-50%	-36 027+16%	5 392>+200%	-40 190+7%
2025 q2	198 603-7%	64 407-22%	45 298-25%	-2 263<-100%	2 722+25%	-46 401+34%
2025 q1	257 961+21%	110 868+45%	90 712+71%	60 823+115%	1 542+183%	-50 962+65%
2024 q4	261 051+2%	100 874+17%	71 032+29%	85 105-60%	2 581>+200%	-46 153+93%
2024 q3	217 617-3%	81 715+5%	59 572-2%	-30 967-28%	810-41%	-37 580+66%
2024 q2	213 323+8%	82 477+15%	60 533+13%	40 569-72%	2 170>+200%	-34 605+77%
2024 q1	213 477+7%	76 310+7%	53 085-4%	28 242<-100%	545+55%	-30 837+96%
2023 q4	254 835+12%	86 073+4%	55 064-11%	214 734<-100%	588+37%	-23 866+65%
2023 q3	225 008+21%	78 071+9%	60 916+9%	-42 889+77%	1 368>+200%	-22 643+81%
2023 q2	197 663+3%	71 592-9%	53 702-12%	142 639-55%	483-87%	-19 559+56%
2023 q1	199 347-15%	71 368-42%	55 551-47%	-31 663<-100%	351-95%	-15 770+17%
2022 q4	226 629-11%	82 574-37%	61 726-40%	-126 454>+200%	430-83%	-14 432+98%
2022 q3	185 279-32%	71 834-52%	55 779-58%	-24 218<-100%	413-13%	-12 485+89%
2022 q2	191 256+33%	78 847+3%	61 261-2%	314 310>+200%	3 850+164%	-12 566+94%
2022 q1	234 371+25%	122 244+6%	103 8440%	13 875-93%	6 428>+200%	-13 447+88%
2021 q4	253 386-3%	131 208-25%	103 217-35%	-17 591<-100%	2 484	-7 280
2021 q3	271 461+13%	149 078-5%	132 363-9%	82 238+43%	477	-6 598
2021 q2	143 375-31%	76 230-44%	62 653-49%	55 166-61%	1 461	-6 469
2021 q1	187 675-13%	115 272-26%	103 401-28%	193 849<-100%	1 169	-7 146
2020 q4	261 194+8%	173 891+2%	159 472+2%	104 876-16%
2020 q3	240 827+1%	156 3380%	144 701-1%	57 543-69%
2020 q2	207 325-8%	135 236-11%	123 380-12%	142 633+32%
2020 q1	214 561+25%	156 479+45%	144 467+50%	-4 916<-100%
2019 q4	241 748+49%	170 252+86%	155 617+98%	125 173>+200%
2019 q3	239 207+43%	156 429+51%	145 487+55%	187 648>+200%
2019 q2	225 979+42%	151 906+49%	139 485+57%	107 986+166%
2019 q1	171 210+41%	107 656+42%	96 485+43%	93 870+92%
2018 q4	161 743	91 459	78 500	18 574
2018 q3	167 017	103 631	93 657	57 054
2018 q2	159 431+63%	101 643+84%	88 621+92%	40 527>+200%
2018 q1	121 120+28%	76 035+35%	67 397+36%	48 801+30%
2017 q2	97 885+11%	55 137+7%	46 126+9%	12 760-70%	1 214-28%	-10 152+4%
2017 q1	94 389-18%	56 406-23%	49 438-23%	37 473-26%	896-42%	-9 209-18%
2016 q4	113 868+43%	68 038+24%	58 702+38%	-3 828<-100%	2 052-19%	-9 316-10%
2016 q3	105 560+3%	60 879-15%	53 387-15%	33 417-24%	1 228-48%	-9 125+17%
2016 q2	88 228-14%	51 369-23%	42 333-32%	42 478-10%	1 696-27%	-9 764+72%
2016 q1	115 172-1%	72 937-15%	64 369-19%	50 703-8%	1 550-24%	-11 229+99%
2015 q4	79 469-24%	54 827-17%	42 656-29%	14<-100%	2 521+16%	-10 317+150%
2015 q3	102 883+10%	71 529+17%	62 970+18%	44 009-8%	2 343>+200%	-7 830>+200%
2015 q2	102 330+20%	66 729+23%	61 848+31%	47 102+19%	2 338+167%	-5 692+105%
2015 q1	116 169+84%	85 857+128%	79 353+149%	55 088>+200%	2 033>+200%	-5 634+108%
2014 q4	104 055+55%	65 799+76%	60 324+119%	-64 463<-100%	2 166+182%	-4 123+44%
2014 q3	93 116+25%	61 000+46%	53 384+53%	47 597-12%	623+2%	-2 487-13%
2014 q2	85 387+34%	54 285+53%	47 361+67%	39 670>+200%	876+19%	-2 772-9%
2014 q1	63 289-6%	37 684-5%	31 820-3%	11 664-21%	634-46%	-2 712+32%
2013 q4	67 129-15%	37 425-27%	27 580-14%	3 435<-100%	768-22%	-2 855+55%
2013 q3	74 475+10%	41 823+17%	34 843-12%	54 141+74%	613-77%	-2 865+55%
2013 q2	63 675-12%	35 566-19%	28 408-22%	5 951-78%	737-74%	-3 049+101%
2013 q1	67 306-3%	39 852-14%	32 748-11%	14 778-36%	1 167-55%	-2 049+48%
2012 q4	79 281-31%	51 292-8%	32 075-36%	-10 708<-100%	984+22%	-1 845+113%
2012 q3	67 532-15%	35 721-36%	39 390-23%	31 057-9%	2 685>+200%	-1 845>+200%
2012 q2	72 075	43 755	36 409	26 722	2 788	-1 516
2012 q1	69 667	46 089	36 719	23 066	2 620	-1 382
2011 q4 ( 750 , 751 , 4154 , 4155 , 4156 )	114 335+7%	55 939-6%	50 382-8%	26 378-8%	807-69%	-865-37%
2011 q3	79 692	55 526	51 335	34 166	495	-600
2010 q4	107 116	59 695	54 847	28 577	2 628	-1 365

Balance

Implied interest rate for 2026 q1:
= (PercentLoss - PercentProfit) * (365 / periodLength) / (NetDebt - MinorityInterest)
= (30 876 - 3 928) * 4 / (1 109 487 - 0)

Q	Total equity	Total assets	Net debt


2026 q1	690 552+24%	2 271 728+13%	1 109 487+1%
2025 q4	668 375+35%	2 173 438+4%	1 043 523-14%
2025 q3	549 262+34%	2 082 906+7%	1 107 819-8%
2025 q2	585 291+32%	2 150 371+10%	1 081 854-7%
2025 q1	557 017+39%	2 013 5430%	1 102 385-11%
2024 q4	496 038+33%	2 085 123+11%	1 208 072+17%
2024 q3	410 933+38%	1 949 207+13%	1 205 716+10%
2024 q2	441 900+30%	1 947 659+10%	1 162 057+4%
2024 q1	401 331+102%	2 021 906+29%	1 240 086+14%
2023 q4	372 978+62%	1 879 472+22%	1 029 255+2%
2023 q3	298 164-16%	1 731 364+8%	1 098 914+23%
2023 q2	341 053-10%	1 763 921+21%	1 121 851+46%
2023 q1	198 415-19%	1 563 714-11%	1 084 603+11%
2022 q4	229 9370%	1 541 743-4%	1 010 005+66%
2022 q3	356 390+55%	1 596 4490%	890 304+46%
2022 q2	380 257+65%	1 452 736-9%	767 463+26%
2022 q1	244 218+6%	1 753 961+9%	980 052+61%
2021 q4	230 345	1 607 859	607 875+9%
2021 q3	230 345	1 602 536	607 875-3%
2021 q2	230 345	1 602 535	607 875+10%
2021 q1	230 343	1 602 533	607 875-4%
2020 q4			556 028+20%
2020 q3			625 968+26%
2020 q2			554 418+30%
2020 q1			631 006+30%
2019 q4			465 076-22%
2019 q3			495 197-17%
2019 q2			426 012-28%
2019 q1			487 040-18%
2018 q4			594 649
2018 q3			594 649
2018 q2			594 649+59%
2018 q1			594 649+66%
2017 q2	204 508-22%	933 4200%	373 535+18%
2017 q1	262 342+2%	863 341-9%	358 793+16%
2016 q4	224 869+8%	958 998-3%	316 793-3%
2016 q3	298 997+16%	923 907+7%	332 867+16%
2016 q2	263 5160%	937 506+30%	316 771+19%
2016 q1	257 456-20%	949 805+17%	309 203+67%
2015 q4	208 818-22%	985 311+41%	327 588+42%
2015 q3	258 846-44%	863 491+15%	287 850+122%
2015 q2	263 113-36%	720 782+3%	266 575+57%
2015 q1	322 042-22%	809 060+18%	184 786+8%
2014 q4	266 954-33%	700 269+3%	230 583+33%
2014 q3	459 841+7%	748 576+6%	129 474-24%
2014 q2	412 244+9%	697 751+2%	170 091-30%
2014 q1	411 895-22%	686 666-13%	170 711+4%
2013 q4	400 231-22%	678 532-3%	174 024+74%
2013 q3	431 722-34%	704 641-16%	169 983+41%
2013 q2	377 560	685 855	241 485
2013 q1	527 722	784 777	163 639
2012 q4	512 944-23%	703 027-32%	99 880-58%
2012 q3	649 797	836 961	120 718
2012 q2
2012 q1
2011 q4 ( 750 , 751 , 4154 , 4155 , 4156 )	664 017	1 038 699	239 085<-100%
2011 q3
2010 q4			-61 090

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