The loss of the Etalon group under IFRS for 2024 amounted to 6.9 billion rubles. compared to a loss of 3.37 billion rubles a year earlier. Revenue increased by 44% to 131 billion rubles, gross profit — by 38% to 41.4 billion rubles. Earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 52% to RUB 27.6 billion. This was announced by the company.
In the housing development segment, revenue increased by 46% to RUB 113.8 billion. The amount of funds accumulated in escrow accounts reached 112.3 billion rubles.
The Etalon Group was founded in 1987. Since 2021, the company has been developing in regional markets and building projects in Omsk, Novosibirsk region, Yekaterinburg, Tyumen and Kazan.
Shareholders as of December 31, 2024: AFK Sistema — 48.8%, Mubadala Investment Company — 6.3%, Kopernik Global Investors — 5%, Prosperity Capital — 4.1%; in free circulation — 35.2%.
In 2023, Etalon Group signed new contracts for the sale of real estate with a total area of 547 thousand square meters. m in the amount of 105.6 billion rubles. The company's revenue in 2023 amounted to 88.8 billion rubles, EBITDA - 18.1 billion rubles.
