Selectel's net profit under IFRS for the first quarter of 2026 increased by 4% to 0.9 billion rubles. compared to a year earlier. This is stated in the company's message.
Revenue increased by 14% to RUB 5 billion, and revenue from the sale of cloud infrastructure services, which account for 87% of the company's turnover, increased by 14% to RUB 4.3 billion.
Adjusted EBITDA increased by 5% to 2.7 billion rubles.
Capital expenditures amounted to 2.8 billion rubles and mainly included: 1.7 billion rubles for server equipment that meets the demand for new capacities, 0.9 billion rubles for the development of data center infrastructure.
Selectel (Selectel, TIN 7810962785) is an independent provider of IT infrastructure services in Russia with data centers in Moscow, St. Petersburg and the Leningrad region. The company has been operating since 2008.
The authorized capital of the company as of December 31, 2025 amounted to 130 million rubles.
The structure of shareholders as of December 31, 2025: Servertech Holding Ltd (until August 8, 2024 — LVL1 Management Ltd.) — 37.787%, the Investment Partnership "Tir five Investments" — 29%, MKOOO "Catalytic People" — 25%, individual participants — 5.823%, LLC Selectel-Invest — 2.39%.
The structure of shareholders as of December 31, 2024: Servertech Holding Ltd — 68.305%, Investment Partnership "Tir five Investments" — 24%, individual participants — 3.088%, LLC Selectel-Invest — 4.607%.
In December 2025, MKOOO Catalytic People acquired a 25% stake in the company's authorized capital.
In January 2024, the participants decided to include Selectel-Invest LLC among the founders by making an additional contribution to the authorized capital in the amount of 5.133 million rubles.
The main business entity of the company as of December 31, 2025 and 2024 is Servertech Holding Ltd (until August 8, 2024 LVL1 Management Ltd), registered in the UAE on April 29, 2022.
Vyacheslav Mikhailovich Mirilashvili was the ultimate controlling person of the company as of December 31, 2025 and 2024.
The number of employees at the company as of December 31, 2025 and 2024 was 650 and 596, respectively.
Revenue of Selectel JSC (TIN 7810962785) according to RAS for the first quarter of 2026 increased by 13.6% to 4.366 billion rubles. compared to a year earlier. Net profit decreased to 544.88 million rubles from 621.538 billion rubles.
Selectel's net profit under IFRS for 2025 decreased by 8% to RUB 3.018 billion. compared to 3.28 billion rubles a year earlier. Revenue increased by 39% to RUB 18.3 billion from RUB 13.19 billion.
