Information about financial and economic of operations and financial condition of the Issuer
2015 |
2016 |
2017 |
2018 |
|
The number of students thousand. |
9,0 |
12,0 |
13,0 |
13,5 |
including online, thousand. |
2,8 |
4,7 |
6,0 |
7,5 |
the share of students online |
31% |
39% |
46% |
48% |
Revenue, thousand RUB |
210 800 |
217 395 |
230 216 |
235 892 |
Net profit, thousand RUB |
41 516 |
77 360 |
94 613 |
27 283 |
It investments, mln. |
10,0 |
63,2 |
43,0 |
67,0 |
The number of classes |
44 |
49 |
50 |
64 |
Source: data of the Issuer the company
Indicators, thousand rubles |
2015 |
2016 |
2017 |
2018 |
Balance sheet |
41 947 |
104 031 |
119 581 |
196795 |
Basic tools |
0 |
0 |
0 |
23 571 |
Intangible assets |
0 |
54 422 |
59 101 |
75 129 |
Equity |
41 632 |
103 990 |
119 486 |
135 769 |
|
|
|
|
|
Stocks |
124 |
115 |
0 |
287 |
Cash |
|
|
|
67 673 |
Receivables |
1 681 |
0 |
12 209 |
5 430 |
Other assets |
0 |
48 271 |
48 271 |
24 700 |
Accounts payable |
315 |
41 |
95 |
32 |
Financial debt |
0 |
0 |
0 |
0 |
Loans and borrowings |
0 |
0 |
0 |
0 |
Bonds |
0 |
0 |
0 |
49 994 |
|
|
|
|
|
Revenue |
210 800 |
217 395 |
230 216 |
235 892 |
EBITDA |
51 517 |
86 133 |
130 440 |
78 303 |
EBITDA margin |
24,4% |
39,6% |
56,7% |
33,2% |
Net profit |
41 516 |
77 360 |
94 613 |
27 283 |
Debt / EBITDA |
х |
х |
х |
0,638 |
Equity / Debt |
х |
х |
х |
2,715 |
Source: data of the Issuer the company
During 2018, the Company was active in the commercialization of its intellectual property, namely, software products developed by the company earlier in accordance with the Federal Law No. 244 “On the Skolkovo Innovation Center, because the company is its resident.
These events were of marketing and advertising nature and were aimed at achieving an effect on the market for the implementation of intellectual property results in order to maximize the value (customer value) of the Company's software products and, as a result, to obtain the maximum commercial effect in the future.
These activities were financed by the Company from the net profit with a focus on achieving a higher level of profitability at the end of the next period.
In connection with the foregoing, ebitda companies in the period from 2017-2018. ranges from 33-56%, depending on investments in research and development and commercialization (from net profit). The end of significant investments in R & D and commercialization of research results in 2019-2020. will bring the company's ebitda to more than 50%.
Current liquidity ratio |
3,2 |
Absolute liquidity ratio |
1,4 |
The ratio of stocks of own funds |
1,38 |
Autonomy ratio |
0,69 |
Calculation ЕВITDA: 27 283 Profit + depreciation and amortization 51 020 = 78 303 (thousand RUB)
Margin EBITDA: EBITDA / Revenue = 78 303 / 235 892 = 33,2%
|
|
2015 |
2016 |
2017 |
2018 |
|
ASSETS |
|
|
|
|
|
Basic tools |
0 |
0 |
0 |
23 571 |
|
Intangible assets |
0 |
54 422 |
59 101 |
75 129 |
|
|
0 |
23 571 |
23 571 |
0 |
|
Stocks |
124 |
115 |
0 |
287 |
|
Receivables |
1 681 |
0 |
12 209 |
5 435 |
|
|
40 142 |
1 223 |
1 |
67 673 |
|
Other current assets |
0 |
24 700 |
24 700 |
30 135 |
|
Total |
41 947 |
104 031 |
119 581 |
196 795 |
|
LIABILITIES
|
|
|
|
|
The authorized capital |
115 |
24 815 |
24 815 |
24 815 |
|
Retained earnings |
41 517 |
79 175 |
94 671 |
109 713 |
|
Reserve capital |
|
|
|
1 241 |
|
|
|
|
|
|
|
The borrowed funds |
|
|
|
49 994 |
|
|
|
|
|
|
|
Accounts payable |
|
|
|
32 |
|
|
|
|
|
|
|
|
|
|
|
11 000 |
|
|
|
|
|
|
|
|
Total |
41 947 |
104 031 |
119 581 |
196795 |
Main assets, intangible assets and construction in progress (investments in intangible assets) of the Issuer amount to 98 to 700 million. These investments are competitive the advantage of the Issuer. The Issuer intends to continue to invest in intangible assets.