Balansräkning B2B-RTS

Aktier

BTBR

RU000A104U43

Slutkurs Moscow Micex - RTS			5-dagars förändring	Förändring 1 jan.
- ^RUB	-.--%		-.--%	-

08-24

B2B-RTS rapporterar resultat för första halvåret 2026

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Publicerade finansiella data: B2B-RTS

Årlig

Kvartalsvis

Halvårsvis

YTD

LTM

Skatteperiod: December	2022 (RUB)	2023 (RUB)	2024 (RUB)	2025 (RUB)
Revenues	2,22 md	6,04 md	7,17 md	7,95 md
Total Revenues	2,22 md	6,04 md	7,17 md	7,95 md
Cost of Goods Sold, Total	1,13 md	2,72 md	3,23 md	3,88 md
Gross Profit	1,08 md	3,32 md	3,94 md	4,07 md
Selling General & Admin Expenses, Total	72,69 mn	371 mn	457 mn	492 mn
Provision for Bad Debts	10,3 mn	−3,08 mn	70,3 mn	−148 mn
Amortization of Goodwill and Intangible Assets - (IS)	148 mn	420 mn	373 mn	383 mn
Other Operating Expenses	5,86 mn	176 mn	156 mn	151 mn
Other Operating Expenses, Total	237 mn	964 mn	1,06 md	878 mn
Operating Income	845 mn	2,36 md	2,88 md	3,19 md
Interest Expense, Total	−42,85 mn	−24,69 mn	−23,74 mn	−49,19 mn
Interest And Investment Income	45,35 mn	576 mn	1,36 md	1,38 md
Net Interest Expenses	2,5 mn	552 mn	1,33 md	1,33 md
Income (Loss) On Equity Invest.	-	8 mn	-	-
Currency Exchange Gains (Loss)	2,3 mn	5,78 mn	13,89 mn	3,31 mn
EBT, Excl. Unusual Items	850 mn	2,92 md	4,23 md	4,53 md
Gain (Loss) On Sale Of Investments	−18,58 mn	19,99 mn	−26,03 mn	45,85 mn
Gain (Loss) On Sale Of Assets	300 mn	4,7 mn	-	-
Asset Writedown	-	−65,12 mn	−9,83 mn	−3,09 mn
EBT, Incl. Unusual Items	1,13 md	2,88 md	4,19 md	4,57 md
Income Tax Expense	201 mn	521 mn	685 mn	862 mn
Earnings From Continuing Operations	930 mn	2,36 md	3,51 md	3,71 md
Net Income to Company	930 mn	2,36 md	3,51 md	3,71 md
Minority Interest	1,23 mn	−443 tn	5,44 mn	6,09 mn
Net Income - (IS)	931 mn	2,36 md	3,52 md	3,71 md
Net Income to Common Incl Extra Items	931 mn	2,36 md	3,52 md	3,71 md
Net Income to Common Excl. Extra Items	931 mn	2,36 md	3,52 md	3,71 md
Per aktie poster
Net EPS - Basic	-	118 tn	176 tn	20,99
Basic EPS - Continuing Operations	-	118 tn	176 tn	20,99
Basic Weighted Average Shares Outstanding	-	20 tn	20 tn	177 mn
Net EPS - Diluted	-	118 tn	176 tn	20,99
Diluted EPS - Continuing Operations	-	118 tn	176 tn	20,99
Diluted Weighted Average Shares Outstanding	-	20 tn	20 tn	177 mn
Normalized Basic EPS	-	91,28 tn	132 tn	16,02
Normalized Diluted EPS	-	91,28 tn	132 tn	16,02
Dividend Per Share	-	138 tn	150 tn	-
Payout Ratio	-	4,32	102,64	88,47
Kompletterande punkter
EBITDA	968 mn	2,66 md	3,14 md	3,46 md
EBITA	944 mn	2,63 md	3,12 md	3,42 md
EBIT	845 mn	2,36 md	2,88 md	3,19 md
EBITDAR	983 mn	2,69 md	3,17 md	3,49 md
Effective Tax Rate - (Ratio)	17,79	18,08	16,33	18,87
Total Current Taxes	218 mn	528 mn	681 mn	914 mn
Total Deferred Taxes	−16,59 mn	−7,25 mn	4,22 mn	−51,3 mn
Normalized Net Income	532 mn	1,83 md	2,65 md	2,84 md
Interest on Long-Term Debt	8,42 mn	24,69 mn	23,74 mn	49,19 mn
Kompletterande driftskostnadsposter
Advertising Expense	21,84 mn	52,77 mn	65,93 mn	91,28 mn
Selling and Marketing Expenses	21,84 mn	52,77 mn	65,93 mn	91,28 mn
Net Rental Expense, Total	14,96 mn	27,1 mn	32,71 mn	30,1 mn
Imputed Operating Lease Interest Expense	-	21,52 mn	26,54 mn	40,76 mn
Imputed Operating Lease Depreciation	-	5,58 mn	6,17 mn	−10,66 mn
Maintenance & Repair Expenses, Total	2,92 mn	7,49 mn	5,68 mn	7,15 mn

Skatteperiod: December	2022 (RUB)	2023 (RUB)	2024 (RUB)	2025 (RUB)
TILLGÅNGAR
Cash And Equivalents	3,18 md	7,52 md	5,56 md	1,93 md
Short Term Investments	-	-	225 mn	225 mn
Trading Asset Securities, Total	428 mn	510 mn	1,07 md	5,26 md
Total Cash And Short Term Investments	3,61 md	8,03 md	6,85 md	7,42 md
Accounts Receivable, Total	80,3 mn	61,74 mn	34,4 mn	87,95 mn
Other Receivables	34,98 mn	31,97 mn	64,28 mn	46,31 mn
Notes Receivable	19,53 mn	98,06 mn	2,1 mn	2,96 mn
Total Receivables	135 mn	192 mn	101 mn	137 mn
Inventory	3,34 mn	4,15 mn	6,46 mn	11,46 mn
Other Current Assets, Total	109 mn	256 mn	38,55 mn	35,23 mn
Total Current Assets	3,86 md	8,48 md	6,99 md	7,6 md
Gross Property Plant And Equipment	-	-	-	571 mn
Accumulated Depreciation	-	-	-	−100 mn
Net Property Plant And Equipment	368 mn	264 mn	433 mn	471 mn
Long-term Investments	7 mn	38 mn	-	-
Goodwill	2,63 md	2,63 md	2,63 md	2,63 md
Other Intangibles, Total	1,35 md	1,03 md	799 mn	589 mn
Loans Receivable Long-Term	40,44 mn	-	-	-
Deferred Tax Assets Long-Term	-	-	-	21,4 mn
Other Long-Term Assets, Total	17,5 mn	17,5 mn	-	-
Total Assets	8,27 md	12,46 md	10,85 md	11,31 md
Skulder
Accounts Payable, Total	173 mn	205 mn	223 mn	206 mn
Accrued Expenses, Total	609 mn	521 mn	543 mn	557 mn
Current Portion of Leases	103 mn	107 mn	97,44 mn	78,88 mn
Current Income Taxes Payable	47,5 mn	70,44 mn	68,28 mn	131 mn
Unearned Revenue Current, Total	301 mn	331 mn	505 mn	549 mn
Other Current Liabilities	5,61 md	7,65 md	5,86 md	5,87 md
Total Current Liabilities	6,84 md	8,89 md	7,3 md	7,39 md
Long-Term Leases	195 mn	93,24 mn	171 mn	234 mn
Deferred Tax Liability Non Current	32,94 mn	25,69 mn	29,91 mn	-
Total Liabilities	7,07 md	9 md	7,5 md	7,63 md
Common Stock, Total	20 tn	20 tn	20 tn	1,77 mn
Additional Paid In Capital	-	-	-	6,42 mn
Retained Earnings	1,2 md	3,46 md	3,37 md	3,69 md
Total Common Equity	1,2 md	3,46 md	3,37 md	3,7 md
Minority Interest	−7,48 mn	−7,03 mn	−12,48 mn	−18,56 mn
Total Equity	1,2 md	3,45 md	3,36 md	3,68 md
Total Liabilities And Equity	8,27 md	12,46 md	10,85 md	11,31 md
Kompletterande objekt
ECS Total Shares Outstanding on Filing Date	-	20 tn	20 tn	177 mn
ECS Total Common Shares Outstanding	-	20 tn	20 tn	177 mn
Book Value / Share	-	173 tn	168 tn	20,9
Tangible Book Value	−2,77 md	−195 mn	−57,11 mn	485 mn
Tangible Book Value Per Share	-	−9,73 tn	−2,86 tn	2,74
Total Debt	297 mn	200 mn	268 mn	313 mn
Net Debt	−3,31 md	−7,83 md	−6,58 md	−7,1 md
Debt Equivalent Oper. Leases	120 mn	217 mn	262 mn	241 mn
Minority Interest, Total (Incl. Fin. Div)	−7,48 mn	−7,03 mn	−12,48 mn	−18,56 mn
Equity Method Investments, Total	7 mn	38 mn	-	-
Account Code - Inventory Valuation	-	3	3	3
Machinery, Total	-	-	-	280 mn
Accumulated Allowance for Doubtful Accounts (Supple)	65,71 mn	55,16 mn	119 mn	65,45 mn

Skatteperiod: December	2022 (RUB)	2023 (RUB)	2024 (RUB)	2025 (RUB)
Net Income	931 mn	2,36 md	3,52 md	3,71 md
Depreciation & Amortization - CF	49,25 mn	145 mn	133 mn	158 mn
Amortization of Goodwill and Intangible Assets - (CF)	98,66 mn	276 mn	240 mn	226 mn
Depreciation & Amortization, Total	148 mn	420 mn	373 mn	383 mn
(Gain) Loss From Sale Of Asset	−301 mn	−4,7 mn	−3,5 mn	-
(Gain) Loss on Sale of Investments - (CF)	18,58 mn	−19,99 mn	26,03 mn	−45,85 mn
Asset Writedown & Restructuring Costs	-	65,12 mn	9,83 mn	3,09 mn
(Income) Loss On Equity Investments - (CF)	-	−8 mn	-	-
Provision and Write-off of Bad Debts	10,3 mn	−3,08 mn	70,3 mn	−148 mn
Other Operating Activities, Total	42,22 mn	−74,98 mn	−104 mn	−331 mn
Change In Inventories	1,44 mn	−811 tn	−2,31 mn	−5 mn
Change in Other Net Operating Assets	1,06 md	2,05 md	−1,68 md	77,81 mn
Cash from Operations	1,91 md	4,79 md	2,21 md	3,65 md
Capital Expenditure	−33,51 mn	−36,03 mn	−108 mn	−44,14 mn
Cash Acquisitions	−288 mn	-	-	27,46 mn
Divestitures	128 mn	30 mn	-	-
Sale (Purchase) of Intangible assets	−202 tn	−20,49 mn	−19,24 mn	−11,5 mn
Investment in Marketable and Equity Securities, Total	-	−218 mn	−500 mn	−4,19 md
Net (Increase) Decrease in Loans Originated / Sold - Investing	2,09 mn	−38,15 mn	89,66 mn	−40,46 mn
Other Investing Activities, Total	8,06 mn	39,8 mn	84,96 mn	369 mn
Cash from Investing	−184 mn	−243 mn	−453 mn	−3,89 md
Long-Term Debt Issued, Total	1,79 md	-	-	-
Total Debt Issued	1,79 md	-	-	-
Long-Term Debt Repaid, Total	−468 mn	−103 mn	−111 mn	−102 mn
Total Debt Repaid	−468 mn	−103 mn	−111 mn	−102 mn
Issuance of Common Stock	-	-	-	8,02 mn
Common Dividends Paid	-	−102 mn	−3,61 md	−3,29 md
Common & Preferred Stock Dividends Paid	-	−102 mn	−3,61 md	−3,29 md
Cash from Financing	1,32 md	−205 mn	−3,72 md	−3,38 md
Net Change in Cash	3,04 md	4,34 md	−1,96 md	−3,63 md
Kompletterande punkter
Cash Interest Paid	53,28 mn	24,69 mn	23,74 mn	49,19 mn
Cash Income Tax Paid (Refund)	99,35 mn	497 mn	685 mn	856 mn
Levered Free Cash Flow	-	3,65 md	757 mn	2,37 md
Unlevered Free Cash Flow	-	3,67 md	772 mn	2,4 md
Change In Net Working Capital	-	−1,83 md	1,28 md	−78,28 mn
Net Debt Issued / Repaid	1,32 md	−103 mn	−111 mn	−102 mn

Skatteperiod: December	2022 (RUB)	2023 (RUB)	2024 (RUB)	2025 (RUB)
Lönsamhet
Return on Assets	-	14,21	15,45	18
Return on Total Capital	-	57,23	49,5	52,37
Return On Equity %	-	101,53	103,09	105,41
Return on Common Equity	-	101,2	102,95	105,12
Marginalanalys
Gross Profit Margin %	48,82	54,94	54,91	51,19
SG&A Margin	3,28	6,13	6,37	6,19
EBITDA Margin %	43,68	44,06	43,75	43,53
EBITA Margin %	42,59	43,55	43,52	42,98
EBIT Margin %	38,14	38,99	40,18	40,14
Income From Continuing Operations Margin %	41,97	39,05	48,93	46,65
Net Income Margin %	42,02	39,04	49,01	46,73
Net Avail. For Common Margin %	42,02	39,04	49,01	46,73
Normalized Net Income Margin	24,03	30,21	36,94	35,68
Levered Free Cash Flow Margin	-	60,47	10,55	29,81
Unlevered Free Cash Flow Margin	-	60,73	10,76	30,2
Tillgångsomslutning
Asset Turnover	-	0,58	0,62	0,72
Fixed Assets Turnover	-	19,13	20,59	17,6
Receivables Turnover (Average Receivables)	-	85,1	149,2	129,95
Inventory Turnover (Average Inventory)	-	727,11	609,74	433,09
Kortfristig likviditet
Current Ratio	0,56	0,95	0,96	1,03
Quick Ratio	0,54	0,91	0,95	1,02
Operating Cash Flow to Current Liabilities	0,28	0,54	0,3	0,49
Days Sales Outstanding (Average Receivables)	-	4,29	2,45	2,81
Days Outstanding Inventory (Average Inventory)	-	0,5	0,6	0,84
Average Days Payable Outstanding	-	25,28	24,18	20,13
Cash Conversion Cycle (Average Days)	-	−20,49	−21,12	−16,48
Långsiktig solvens
Total Debt/Equity	24,88	5,79	7,99	8,51
Total Debt / Total Capital	19,92	5,48	7,4	7,84
LT Debt/Equity	16,28	2,7	5,09	6,36
Long-Term Debt / Total Capital	13,04	2,55	4,71	5,86
Total Liabilities / Total Assets	85,54	72,28	69,08	67,45
EBIT / Interest Expense	19,72	95,45	121,38	64,88
EBITDA / Interest Expense	23,17	112,48	137,11	72,67
(EBITDA - Capex) / Interest Expense	22,39	111,02	132,54	71,78
Total Debt / EBITDA	0,3	0,07	0,08	0,09
Net Debt / EBITDA	−3,34	−2,82	−2,02	−1,99
Total Debt / (EBITDA - Capex)	0,31	0,07	0,09	0,09
Net Debt / (EBITDA - Capex)	−3,45	−2,86	−2,09	−2,01
Tillväxt jämfört med föregående år
Total Revenues, 1 Yr. Growth %	-	172,73	18,68	10,83
Gross Profit, 1 Yr. Growth %	-	206,9	18,61	3,33
EBITDA, 1 Yr. Growth %	-	175,08	17,84	10,28
EBITA, 1 Yr. Growth %	-	178,9	18,6	9,46
EBIT, 1 Yr. Growth %	-	178,82	22,3	10,73
Earnings From Cont. Operations, 1 Yr. Growth %	-	153,78	48,7	5,66
Net Income, 1 Yr. Growth %	-	153,4	48,96	5,67
Normalized Net Income, 1 Yr. Growth %	-	242,89	45,13	7,04
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	48,96	−99,99
Accounts Receivable, 1 Yr. Growth %	-	−23,12	−44,28	155,64
Inventory, 1 Yr. Growth %	-	24,28	55,55	77,5
Net Property, Plant and Equip., 1 Yr. Growth %	-	−28,17	63,88	8,76
Total Assets, 1 Yr. Growth %	-	50,71	−12,9	4,21
Tangible Book Value, 1 Yr. Growth %	-	−92,98	−70,66	−948,38
Common Equity, 1 Yr. Growth %	-	187,69	−2,69	9,84
Cash From Operations, 1 Yr. Growth %	-	151,12	−53,86	65,27
Capital Expenditures, 1 Yr. Growth %	-	7,53	200,9	−59,28
Levered Free Cash Flow, 1 Yr. Growth %	-	-	−79,29	213,09
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	−78,97	211,06
Dividend Per Share, 1 Yr. Growth %	-	-	8,79	-
Sammansatt Årlig Tillväxthastighet Över Två År
Total Revenues, 2 Yr. CAGR %	-	-	79,91	14,69
Gross Profit, 2 Yr. CAGR %	-	-	90,8	10,71
EBITDA, 2 Yr. CAGR %	-	-	80,04	14
EBITA, 2 Yr. CAGR %	-	-	81,87	13,94
EBIT, 2 Yr. CAGR %	-	-	84,66	16,37
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	94,26	25,35
Net Income, 2 Yr. CAGR %	-	-	94,28	25,46
Normalized Net Income, 2 Yr. CAGR %	-	-	123,08	24,64
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-	−98,67
Accounts Receivable, 2 Yr. CAGR %	-	-	−34,55	19,35
Inventory, 2 Yr. CAGR %	-	-	39,04	66,16
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	8,5	33,51
Total Assets, 2 Yr. CAGR %	-	-	14,57	−4,73
Tangible Book Value, 2 Yr. CAGR %	-	-	−85,65	57,78
Common Equity, 2 Yr. CAGR %	-	-	67,32	3,39
Cash From Operations, 2 Yr. CAGR %	-	-	7,64	−12,68
Capital Expenditures, 2 Yr. CAGR %	-	-	79,88	10,69
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	−19,47
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	−19,12
Treårig Sammansatt Årlig Tillväxthastighet
Total Revenues, 3 Yr. CAGR %	-	-	-	53,08
Gross Profit, 3 Yr. CAGR %	-	-	-	55,52
EBITDA, 3 Yr. CAGR %	-	-	-	52,9
EBITA, 3 Yr. CAGR %	-	-	-	53,55
EBIT, 3 Yr. CAGR %	-	-	-	55,72
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	58,57
Net Income, 3 Yr. CAGR %	-	-	-	58,59
Normalized Net Income, 3 Yr. CAGR %	-	-	-	74,64
Accounts Receivable, 3 Yr. CAGR %	-	-	-	3,08
Inventory, 3 Yr. CAGR %	-	-	-	50,83
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	8,59
Total Assets, 3 Yr. CAGR %	-	-	-	11,01
Tangible Book Value, 3 Yr. CAGR %	-	-	-	−44,09
Common Equity, 3 Yr. CAGR %	-	-	-	45,42
Cash From Operations, 3 Yr. CAGR %	-	-	-	24,18
Capital Expenditures, 3 Yr. CAGR %	-	-	-	9,62