Net profit of Astra Group according to IFRS for the first quarter fell by 66%

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AK&M 17 July 2024 13:13

The revenue of PJSC Astra Group under IFRS for the first quarter of 2024 increased by 43% year-on-year and amounted to 1.85 billion rubles. EBITDA amounted to 24.52 billion rubles (-95%), net profit – 202.59 billion rubles (-66%). This is stated in the company's message.

Shipments (shipments are a management indicator based on the group's RAS revenue indicator for third parties). They are recognized at the time of signing the acceptance certificate with the buyer. When calculating this indicator, bonuses for achieving a certain sales volume are not taken into account. Shipments of the Astra Group (excluding VAT) increased by 51% and reached 1.89 billion rubles.

Astra Group is a manufacturer of infrastructure software. There are 22 products in the group's ecosystem.