Ultimate Education Revenue ("Ultimate Education" LLC) According to IFRS, for the first half of 2026, it decreased by 16.7% year-on-year to 739 million rubles. This is stated in the company's message.
The dynamics is due to the fact that the key rate decreased more slowly than expected, the approval of installments recovered with a delay, and a general decrease in consumer demand led to a decrease in traffic conversion to the lead.
EBITDA amounted to RUB 75 million, with an EBITDA margin of 10.1%.
The company's debt portfolio as of June 30, 2026 amounted to 826 million rubles against 669 million rubles at the end of 2025.
The majority shareholder provided the company with long-term financing maturing in 2029. The funds are aimed at two key goals: the development of new product verticals — higher education, vocational education, dual degree programs, the reassembly of flagship products and the expansion of the course matrix; the purchase in May 2026 of the shares of minority participants of Fashion Factory School.
The number of products in the company's portfolio increased by 20.2% — 441 educational products at the end of the half-year.
Ultimate Education is an educational company founded by the Ultimate Capital Foundation in 2020.
In 2025, the number of products in the company's portfolio increased by 13.9% year-on-year and reached 401 educational products by the end of 2025.
Revenue under IFRS for 2025 decreased by 24.2% and amounted to 1.867 billion rubles. compared to a year earlier.
RAS revenue for 2025 increased 2.4 times year-on-year to 31.8 million rubles, with a net loss of 18.33 million rubles.
