Net profit of Positive Technologies (issuer of PJSC "Positive Group") According to IFRS, it amounted to 3.66 billion rubles in 2024. compared to 9.696 billion rubles a year earlier. The net loss on management reporting amounted to 2.7 billion rubles, the company said.
Revenue under IFRS increased by 10% to 24.5 billion rubles. EBITDA amounted to 6.5 billion rubles against 10.8 billion rubles. The gross profit of shipments (shipments reduced by VAT, bonuses to partners and other direct expenses) amounted to 22.8 billion rubles against 23.7 billion rubles a year earlier.
Revenue from the sale of licenses increased to 21.7 billion rubles from 20.15 billion rubles, revenue from the sale of information security services – to 2.14 billion rubles from 1.737 billion rubles.
The financial results were below the initial expectations of the company's management, the report says. The total volume of shipments in 2024 turned out to be significantly lower than the forecasts and expectations of management. The reasons for the discrepancy between the actual results and the company's plans are due to a combination of external and internal factors.
Wages and social contributions increased to 744.579 million rubles from 666.479 million rubles. As of December 31, 2024, the group employed 3.16 thousand people (as of December 31, 2023 – 2.285 thousand), including world-class experts in the protection of ERP, SCADA, web and mobile applications, including in the banking and telecommunications sectors.
On April 9, 2024, the shareholders approved the payment of dividends based on the results of the 12 months of 2023 in the amount of 3.12 billion rubles, the payment took place on April 23, 2024. On May 15, 2024, the shareholders approved the payment of dividends based on the results of the 12 months of 2023 in the amount of 3.124 billion rubles, the payment took place on May 28, 2024. On May 15, 2024, the shareholders approved the payment of additional dividends based on the results of the 12 months of 2023 in the amount of 300.96 million rubles, which was paid on May 28, 2024.
From July 19, 2024 to August 14, 2024, the group carried out repurchase operations of its own shares for a total amount of RUB 3.3 billion; on November 7, 2024, additional shares of PJSC Positive Group were placed in the amount of 5.2 million shares with a nominal value of 0.5 rubles.
On February 20, 2025, the Group acquired the share of the Belarusian vendor Virosblokada and intends to improve antivirus protection technology for implementation into existing products, as well as to launch an independent solution of this class this year.
The Group sells its products mainly through distribution partners, as well as directly to the group's customers. During 2024, approximately 82% of the group's revenue was generated through four major distributors.
Positive Technologies (issuer of PJSC Positive Group) is a developer of information security solutions.
The net profit of PJSC Positive Group according to RAS for 2024 increased by 40.88% to 6.49 billion rubles from 4.6 billion rubles a year earlier. Revenue increased twofold to 10 billion rubles from 4.69 billion rubles.
