October 18, 2006 at 15:25Mail.Ru showed that in your pocket
For the first time, Mail.Ru has publicly announced its financial results. The information at the disposal of Expert Online is reflected in the graph where the company is allocated a place in the middle - between Yandex and Rambler . That is, according to the publication, if "by seniority" is to list the participants of the "Big Three", Mail.Ru should be called the second.
“The data that the Expert provides is the right data,” says Anna Artamonova, vice president of marketing and PR, referring to the 2005 results of Mail.Ru's consolidated financial statements. According to them, in accordance with US GAAP, revenue amounted to $ 17.3 million, and EBITDA - $ 5.3 million (profitability - 30.6%). Net profit, according to Anna Artamonova, is $ 3.1 million (profitability of 17.9%). She noted that all data was confirmed by audit.
The Expert chart marks the indisputable leadership of Yandex in the troika. The company, having announced its financial indicators for 2005, announced a doubling of revenue and profit to $ 35.6 million and $ 13.6 million, respectively. Experts doubt the third place of Rambler.
“Still, the comparison is not entirely correct,” says Igor Veretennikov, an expert at the Finam - Information Technologies fund , “for the Rambler, the profit is given to the holding as a whole, where the TV division, which is currently unprofitable, is pulling down, as well as “Not a cost-effective content line.” In his opinion, the profits of Mail.Ru and Rambler would be comparable in terms of Internet business. “In general,” added Igor Veretennikov, “the data presented by the Expert show that the most promising is the Internet business, deviations from which give less impressive financial results."
But Mail.Ru should not be underestimated. Mail and services of the user generated content family attract a lot of people to the portal. According to Viktor Lavrenko, the former technical director of the company, on other days Mail.Ru overtakes Yandex itself in terms of attendance on the main page. This, incidentally, captures the statistics of Alexa Traffic Rankings.
“The data that the Expert provides is the right data,” says Anna Artamonova, vice president of marketing and PR, referring to the 2005 results of Mail.Ru's consolidated financial statements. According to them, in accordance with US GAAP, revenue amounted to $ 17.3 million, and EBITDA - $ 5.3 million (profitability - 30.6%). Net profit, according to Anna Artamonova, is $ 3.1 million (profitability of 17.9%). She noted that all data was confirmed by audit.
The Expert chart marks the indisputable leadership of Yandex in the troika. The company, having announced its financial indicators for 2005, announced a doubling of revenue and profit to $ 35.6 million and $ 13.6 million, respectively. Experts doubt the third place of Rambler.
“Still, the comparison is not entirely correct,” says Igor Veretennikov, an expert at the Finam - Information Technologies fund , “for the Rambler, the profit is given to the holding as a whole, where the TV division, which is currently unprofitable, is pulling down, as well as “Not a cost-effective content line.” In his opinion, the profits of Mail.Ru and Rambler would be comparable in terms of Internet business. “In general,” added Igor Veretennikov, “the data presented by the Expert show that the most promising is the Internet business, deviations from which give less impressive financial results."
But Mail.Ru should not be underestimated. Mail and services of the user generated content family attract a lot of people to the portal. According to Viktor Lavrenko, the former technical director of the company, on other days Mail.Ru overtakes Yandex itself in terms of attendance on the main page. This, incidentally, captures the statistics of Alexa Traffic Rankings.