The profit of ER-Telecom Holding under IFRS for the first quarter of 2025 amounted to 9 million rubles. A year earlier, the company received 87 million rubles. loss. Revenue increased by 12% to 25.439 billion rubles from 22.8 billion rubles, OIBDA increased by 17% to 11.6 billion rubles from 9.9 billion rubles. This is evidenced by the company's data.
The remuneration accrued to key management personnel (including remuneration of the ultimate controlling party) in the reporting period amounted to RUB 20.293 million. Remuneration arrears as of March 31, 2025 amount to 943 thousand rubles. (as of December 31, 2024: 624 thousand rubles). The amount of remuneration for the three months ended March 31, 2025 and March 31, 2024 includes both basic wages and accrued bonuses in accordance with the terms of the employment contract. Key management personnel and persons with significant influence over the group control 93.24% of the company's shares (December 31, 2024: 93.24% of shares).
JSC ER-Telecom Holding (TM " <url>", " <url> Business") is a Russian telecommunications company providing broadband Internet access, telephony, digital TV, access to Wi-Fi, VPN, LoRaWAN, video surveillance, intercom and integrated solutions based on industrial technologies the Internet of Things (IoT).
As of December 31, 2024 and December 31, 2023, the parent company of JSC ER-Telecom Holding is MKAO ER-Telecom Holding. The ultimate controlling party of the group is Andrey Kuzyaev, who holds the post of President of the group.
The profit of ER-Telecom Holding under IFRS for 2024 fell 3.7 times to 1.59 billion rubles from 5.86 billion rubles a year earlier. Revenue increased by 19% to 104.58 billion rubles from 87.57 billion rubles, gross profit increased by 19.8% to 45.84 billion rubles from 38.27 billion rubles.
The net loss under RAS for 2024 amounted to 1.9 billion rubles against a profit of 4.5 billion rubles. Revenue increased by 8% to 56.23 billion rubles from 51.86 billion rubles.