Net profit of Etalon Group PLC according to IFRS for 2022 increased by 332% (more than 4 times) to 13 billion rubles. compared to a year earlier.
Revenue amounted to 80.6 billion rubles. Gross profit reached 28.2 billion rubles. Gross profit before asset acquisition cost allocation (PPA) amounted to RUB 30.5 billion.
Earnings before interest, taxes and depreciation (EBITDA) amounted to RUB 16.5 billion. Earnings before interest, taxes and depreciation (EBITDA) before asset acquisition cost allocation (PPA) amounted to RUB 18.8 billion.
The amount of funds accumulated in escrow accounts reached RUB 60.4 billion.
Etalon Group was founded in 1987 and focuses on residential real estate for the middle class in Moscow, the Moscow Region and St. Petersburg. Since its creation, the Etalon Group has commissioned 8.6 million sq. m. The Etalon Group team It has 4.6 thousand employees, and the company's nationwide sales network covers 59 cities in Russia.
Revenue of the Etalon Group according to IFRS for 2021 increased by 11% to 87.1 billion rubles. compared to a year earlier. Gross profit increased by 27% to RUB 27.8 billion, EBITDA – by 42% to RUB 17.9 billion.
