Income Statement APRI

Stocks

APRI

RU000A108LJ5

End-of-day quote Moscow Micex - RTS			5-day change	1st Jan Change
- ^RUB	-.--%		-.--%	-

17/06/25	Public Joint Stock Company "APRI" acquired remaining 15% stake in APRI Fly Resort.	CI
30/04/25	LLC Sberbank Investments acquired 30% stake in APRI Neva Specialized Developer LLC from Public Joint Stock Company "APRI".	CI

5d6970e2091727e98c.UbraErpTU-hOMQFHO_M1gN9npXzeRd_qP4tY33QU_pI.Od2AWuJla5IPVFMfA50Htqso5wTrM5GhC84fmjgl08oH1-hmyDECjDt2ag

Published financial data: APRI

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019 (RUB)	2020 (RUB)	2021 (RUB)	2022 (RUB)	2023 (RUB)
Revenues	1.67B	2.81B	5.44B	1.46B	6.64B
Total Revenues	1.67B	2.81B	5.44B	1.46B	6.64B
Cost of Goods Sold, Total	1.3B	2.08B	3.71B	558M	3.72B
Gross Profit	371M	728M	1.73B	907M	2.92B
Selling General & Admin Expenses, Total	174M	252M	584M	431M	750M
Other Operating Expenses	-87.08M	110M	446M	-763M	72.62M
Other Operating Expenses, Total	86.79M	362M	1.03B	-332M	823M
Operating Income	285M	366M	702M	1.24B	2.1B
Interest Expense, Total	-128M	-213M	-282M	-244M	-713M
Interest And Investment Income	4.99M	22.01M	32.68M	50.23M	90.16M
Net Interest Expenses	-123M	-191M	-249M	-194M	-623M
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	-	-	-	-5.82M	-
Other Non Operating Income (Expenses)	-	-39K	-11.17M	-105M	-246M
EBT, Excl. Unusual Items	161M	175M	442M	934M	1.23B
Gain (Loss) On Sale Of Investments	1.44M	-23.86M	-5.48M	-21.21M	-
Gain (Loss) On Sale Of Assets	-	-19.64M	-	-	-
Asset Writedown	-	-3.94M	-7.83M	-10.34M	-7.91M
Other Unusual Items	-	-	-	-	834M
EBT, Incl. Unusual Items	163M	128M	428M	903M	2.05B
Income Tax Expense	16.05M	32.52M	213M	206M	261M
Earnings From Continuing Operations	147M	95.45M	215M	697M	1.79B
Net Income to Company	147M	95.45M	215M	697M	1.79B
Net Income - (IS)	147M	95.45M	215M	697M	1.79B
Net Income to Common Incl Extra Items	147M	95.45M	215M	697M	1.79B
Net Income to Common Excl. Extra Items	147M	95.45M	215M	697M	1.79B
Per Share Items
Net EPS - Basic	-	-	-	-	1.5
Basic EPS - Continuing Operations	-	-	-	-	1.5
Basic Weighted Average Shares Outstanding	-	-	-	-	1.19B
Net EPS - Diluted	-	-	-	-	1.5
Diluted EPS - Continuing Operations	-	-	-	-	1.5
Diluted Weighted Average Shares Outstanding	-	-	-	-	1.19B
Normalized Basic EPS	-	-	-	-	0.64
Normalized Diluted EPS	-	-	-	-	0.64
Payout Ratio	-	-	-	-	11.86
Supplemental Items
EBITDA	294M	390M	727M	1.28B	2.15B
EBITA	285M	366M	702M	1.24B	2.1B
EBIT	285M	366M	702M	1.24B	2.1B
EBITDAR	299M	-	-	1.28B	2.17B
Effective Tax Rate - (Ratio)	9.87	25.42	49.73	22.8	12.73
Total Current Taxes	4.32M	24.06M	216M	59.89M	221M
Total Deferred Taxes	11.73M	8.46M	-5.3M	146M	40.53M
Normalized Net Income	101M	110M	276M	584M	767M
Interest on Long-Term Debt	53.56M	152M	228M	227M	517M
Supplemental Operating Expense Items
Advertising Expense	42.63M	40.23M	79.43M	67.54M	106M
Selling and Marketing Expenses	107M	174M	410M	310M	474M
General and Administrative Expenses	66.43M	77.72M	174M	115M	265M
Net Rental Expense, Total	5.47M	-	-	5.48M	11.8M
Imputed Operating Lease Interest Expense	2.58M	-	-	3.64M	5.33M
Imputed Operating Lease Depreciation	2.89M	-	-	1.84M	6.47M

Fiscal Period: December	2019 (RUB)	2020 (RUB)	2021 (RUB)	2022 (RUB)	2023 (RUB)
Assets
Cash And Equivalents	700M	395M	58.23M	1.81B	4.16B
Short Term Investments	68.81M	168M	586M	335M	381M
Total Cash And Short Term Investments	769M	564M	644M	2.15B	4.54B
Accounts Receivable, Total	400M	1.19B	309M	125M	5.94B
Other Receivables	5.5M	80.33M	1.07B	1.91B	1.53B
Total Receivables	405M	1.27B	1.38B	2.04B	7.47B
Inventory	2.65B	3.81B	1.28B	2.99B	11.83B
Other Current Assets, Total	502M	906M	1.7B	1.58B	7.86B
Total Current Assets	4.33B	6.55B	5.01B	8.75B	31.69B
Gross Property Plant And Equipment	60.76M	89.7M	233M	386M	702M
Accumulated Depreciation	-13.22M	-41.86M	-48.4M	-84.68M	-113M
Net Property Plant And Equipment	47.53M	47.84M	184M	302M	590M
Long-term Investments	45.16M	14.05M	183M	1.81B	1.36B
Other Intangibles, Total	208K	-	-	-	-
Deferred Tax Assets Long-Term	41.67M	31.34M	36.64M	-	-
Other Long-Term Assets, Total	832M	-	528M	-	-
Total Assets	5.29B	6.64B	5.94B	10.86B	33.64B
Liabilities
Accounts Payable, Total	321M	582M	403M	672M	1.07B
Accrued Expenses, Total	14.7M	7.52M	12.53M	19.57M	22.69M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	761M	1.69B	874M	646M	14.67B
Current Portion of Leases	24.95M	52.29M	24.56M	37.1M	45.36M
Current Income Taxes Payable	103K	-	125M	46.32M	14K
Other Current Liabilities	787M	1.05B	1.26B	3.23B	5.56B
Total Current Liabilities	1.91B	3.37B	2.7B	4.65B	21.37B
Long-Term Debt	2.21B	1.98B	1.02B	3.1B	6.63B
Long-Term Leases	-	7.11M	98.21M	77.9M	67.11M
Deferred Tax Liability Non Current	1.87M	-	-	109M	192M
Other Non Current Liabilities	-	5.37M	635M	745M	353M
Total Liabilities	4.12B	5.37B	4.46B	8.68B	28.61B
Common Stock, Total	475M	475M	475M	475M	1.02B
Retained Earnings	702M	804M	1.02B	1.72B	4B
Treasury Stock	-	-1.2M	-9M	-9M	-
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	1.18B	1.28B	1.49B	2.18B	5.03B
Total Equity	1.18B	1.28B	1.49B	2.18B	5.03B
Total Liabilities And Equity	5.29B	6.64B	5.94B	10.86B	33.64B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	-	-	-	1.02B
ECS Total Common Shares Outstanding	-	-	-	-	1.02B
Book Value / Share	-	-	-	-	4.91
Tangible Book Value	1.18B	1.28B	1.49B	2.18B	5.03B
Tangible Book Value Per Share	-	-	-	-	4.91
Total Debt	2.99B	3.73B	2.02B	3.86B	21.41B
Net Debt	2.22B	3.16B	1.38B	1.71B	16.87B
Debt Equivalent Oper. Leases	43.73M	-	-	43.85M	94.4M
Equity Method Investments, Total	-	5K	-	1.37B	456M
Account Code - Inventory Valuation	6	-	6	-	6
Inventories - Raw Materials, Total	-	-	-	-	-
Inventories - Work In Process, Total	1.79B	2.4B	777M	1.55B	9.01B
Inventories - Finished Goods, Total	582M	1.22B	266M	1.24B	839M
Inventories - Others	281M	188M	246M	203M	1.98B
Buildings, Total	-	60.75M	168M	270M	504M
Machinery, Total	33.33M	28.96M	64.23M	116M	198M
Full Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	5.57M	4.3M	7.69M	3.44M

Fiscal Period: December	2019 (RUB)	2020 (RUB)	2021 (RUB)	2022 (RUB)	2023 (RUB)
Net Income	147M	95.45M	215M	697M	1.79B
Depreciation & Amortization - CF	9.45M	-26.55M	24.52M	36.98M	57.5M
Amortization of Goodwill and Intangible Assets - (CF)	19K	-	-	-	-
Depreciation & Amortization, Total	9.47M	-26.55M	24.52M	36.98M	57.5M
(Gain) Loss From Sale Of Asset	278K	-	2.92M	-	-
Asset Writedown & Restructuring Costs	-	-	7.83M	10.34M	7.91M
(Income) Loss On Equity Investments - (CF)	-57K	-	-93.87M	-810M	-581M
Other Operating Activities, Total	40.99M	-528M	9.76M	191M	1.13B
Change In Accounts Receivable	-317M	-880M	-97.12M	-658M	-5.43B
Change In Inventories	-1.27B	-1.16B	2.5B	-1.6B	-8.85B
Change In Accounts Payable	21.28M	74.86M	959M	1.03B	16.17B
Change in Other Net Operating Assets	-44.56M	-51.74M	-129M	954M	-3.8B
Cash from Operations	-1.41B	-2.47B	3.4B	-148M	495M
Capital Expenditure	-27.42M	-13.29M	-48.94M	-47.7M	-52.8M
Cash Acquisitions	-	-14K	-	-	-
Sale (Purchase) of Intangible assets	-45K	-	-	-	-
Investment in Marketable and Equity Securities, Total	57K	808M	349M	163M	-105M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-55.43M	-26.82M	-595M	-20.18M	-826M
Other Investing Activities, Total	620K	150K	2.92M	1.17M	14.54M
Cash from Investing	-82.22M	768M	-292M	96.13M	-969M
Long-Term Debt Issued, Total	2.34B	2.86B	-	3.38B	3.11B
Total Debt Issued	2.34B	2.86B	-	3.38B	3.11B
Long-Term Debt Repaid, Total	-863M	-1.46B	-3.43B	-1.58B	-626M
Total Debt Repaid	-863M	-1.46B	-3.43B	-1.58B	-626M
Issuance of Common Stock	-	-	-	-	559M
Repurchase of Common Stock	-	-2.2M	-6.8M	-	-
Common Dividends Paid	-	-	-	-	-212M
Common & Preferred Stock Dividends Paid	-	-	-	-	-212M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	1.47B	1.4B	-3.44B	1.8B	2.83B
Net Change in Cash	-18M	-305M	-337M	1.75B	2.35B
Supplemental Items
Cash Interest Paid	89.85M	283M	404M	307M	481M
Cash Income Tax Paid (Refund)	8.63M	-	86.77M	139M	219M
Levered Free Cash Flow	-1.27B	-1.81B	2.03B	538M	-16.99B
Unlevered Free Cash Flow	-1.19B	-1.68B	2.2B	690M	-16.54B
Change In Net Working Capital	1.35B	1.87B	-1.79B	73.12M	17.86B
Net Debt Issued / Repaid	1.47B	1.4B	-3.43B	1.8B	2.48B

Fiscal Period: December	2019 (RUB)	2020 (RUB)	2021 (RUB)	2022 (RUB)	2023 (RUB)
Profitability
Return on Assets	4.08	3.82	6.97	9.21	5.89
Return on Total Capital	5.42	4.97	10.31	16.22	8.07
Return On Equity %	13.28	7.75	15.58	38	49.69
Return on Common Equity	13.28	7.75	15.58	38	49.69
Margin Analysis
Gross Profit Margin %	22.28	25.9	31.84	61.9	43.96
SG&A Margin	10.43	8.96	10.73	29.43	11.3
EBITDA Margin %	17.64	13.86	13.36	87.11	32.43
EBITA Margin %	17.08	13.02	12.91	84.58	31.56
EBIT Margin %	17.08	13.02	12.91	84.58	31.56
Income From Continuing Operations Margin %	8.79	3.39	3.96	47.6	26.98
Net Income Margin %	8.79	3.39	3.96	47.6	26.98
Net Avail. For Common Margin %	8.79	3.39	3.96	47.6	26.98
Normalized Net Income Margin	6.04	3.9	5.07	39.88	11.54
Levered Free Cash Flow Margin	-76.28	-64.42	37.23	36.73	-255.86
Unlevered Free Cash Flow Margin	-71.46	-59.7	40.47	47.14	-249.15
Asset Turnover
Asset Turnover	0.38	0.47	0.86	0.17	0.3
Fixed Assets Turnover	43.07	54.69	46.89	6.03	14.9
Receivables Turnover (Average Receivables)	7.28	3.74	7.24	6.75	2.19
Inventory Turnover (Average Inventory)	0.59	0.65	1.46	0.26	0.5
Short Term Liquidity
Current Ratio	2.27	1.94	1.86	1.88	1.48
Quick Ratio	0.62	0.55	0.75	0.9	0.56
Operating Cash Flow to Current Liabilities	-0.74	-0.73	1.26	-0.03	0.02
Days Sales Outstanding (Average Receivables)	50.13	97.94	50.41	54.05	166.65
Days Outstanding Inventory (Average Inventory)	618.45	566.72	250.63	1.4K	726.45
Average Days Payable Outstanding	49.38	50.92	151.57	86.79	25.35
Cash Conversion Cycle (Average Days)	619.2	613.73	149.46	1.36K	867.75
Long Term Solvency
Total Debt/Equity	254.32	291.47	135.97	176.75	425.8
Total Debt / Total Capital	71.78	74.46	57.62	63.87	80.98
LT Debt/Equity	187.49	155.55	75.5	145.46	133.19
Long-Term Debt / Total Capital	52.92	39.74	32	52.56	25.33
Total Liabilities / Total Assets	77.77	80.76	75.01	79.91	85.05
EBIT / Interest Expense	2.22	1.72	2.49	5.08	2.94
EBITDA / Interest Expense	2.29	1.83	2.58	5.23	3.02
(EBITDA - Capex) / Interest Expense	2.08	1.77	2.4	5.03	2.95
Total Debt / EBITDA	10.18	9.56	2.78	3.02	9.94
Net Debt / EBITDA	7.56	8.11	1.89	1.34	7.83
Total Debt / (EBITDA - Capex)	11.22	9.9	2.98	3.14	10.19
Net Debt / (EBITDA - Capex)	8.34	8.4	2.03	1.39	8.03
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	0.03	68.81	93.4	-73.08	353.39
Gross Profit, 1 Yr. Growth %	71.02	96.18	137.79	-47.66	221.94
EBITDA, 1 Yr. Growth %	683.22	21.16	85	75.55	68.79
EBITA, 1 Yr. Growth %	728.85	17.31	91.71	76.41	69.19
EBIT, 1 Yr. Growth %	728.97	17.31	91.71	76.41	69.19
Earnings From Cont. Operations, 1 Yr. Growth %	976.72	-38.48	125.52	223.84	157
Net Income, 1 Yr. Growth %	976.72	-38.48	125.52	223.84	157
Normalized Net Income, 1 Yr. Growth %	-445.59	2.8	151.73	111.63	31.25
Accounts Receivable, 1 Yr. Growth %	591.56	282.98	-74.12	-59.6	4.66K
Inventory, 1 Yr. Growth %	52.51	43.77	-66.25	132.45	295.97
Net Property, Plant and Equip., 1 Yr. Growth %	59.25	-13.05	285.02	63.72	95.57
Total Assets, 1 Yr. Growth %	55.01	24.18	-10.53	82.78	209.6
Tangible Book Value, 1 Yr. Growth %	14.22	7.96	16.23	46.92	130.36
Common Equity, 1 Yr. Growth %	14.22	7.96	16.23	46.92	130.36
Cash From Operations, 1 Yr. Growth %	245.91	-2.12	-207.93	-104.35	-434.91
Capital Expenditures, 1 Yr. Growth %	-9.45	-67.36	78.46	-2.54	10.71
Levered Free Cash Flow, 1 Yr. Growth %	221.94	31.85	-214.22	-73.44	-3.26K
Unlevered Free Cash Flow, 1 Yr. Growth %	247	30.83	-234.24	-68.64	-2.5K
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	131.52	29.95	80.68	-27.84	10.48
Gross Profit, 2 Yr. CAGR %	35.61	83.17	115.99	11.56	29.81
EBITDA, 2 Yr. CAGR %	89.16	222.23	50.3	80.21	72.14
EBITA, 2 Yr. CAGR %	86.37	226.63	49.97	83.9	72.76
EBIT, 2 Yr. CAGR %	86.37	226.66	49.97	83.9	72.76
Earnings From Cont. Operations, 2 Yr. CAGR %	405.39	164.85	17.79	170.24	188.49
Net Income, 2 Yr. CAGR %	405.39	164.85	17.79	170.24	188.49
Normalized Net Income, 2 Yr. CAGR %	241.91	93.97	60.86	130.81	66.66
Accounts Receivable, 2 Yr. CAGR %	391.89	354.37	-0.44	-67.66	338.41
Inventory, 2 Yr. CAGR %	84.43	48	-30.34	-11.43	203.39
Net Property, Plant and Equip., 2 Yr. CAGR %	346.25	26.6	82.97	151.07	78.94
Total Assets, 2 Yr. CAGR %	34.55	39.49	5.4	27.88	137.88
Tangible Book Value, 2 Yr. CAGR %	-1.05	11.4	12.02	30.68	83.97
Common Equity, 2 Yr. CAGR %	-1.04	11.39	12.02	30.68	83.97
Cash From Operations, 2 Yr. CAGR %	93.99	146.51	15.92	-78.33	-61.83
Capital Expenditures, 2 Yr. CAGR %	-	-33.76	9.64	31.88	3.87
Levered Free Cash Flow, 2 Yr. CAGR %	70.53	114.24	21.39	-44.92	189.62
Unlevered Free Cash Flow, 2 Yr. CAGR %	68.69	121.2	30.98	-35.12	174.11
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	80.16	108.38	48.36	-4.21	33.15
Gross Profit, 3 Yr. CAGR %	15.76	53.37	99.82	34.66	58.83
EBITDA, 3 Yr. CAGR %	11.46	68.02	168.51	58.29	76.32
EBITA, 3 Yr. CAGR %	10.31	64.74	173.48	58.31	78.86
EBIT, 3 Yr. CAGR %	10.31	64.74	173.5	58.31	78.86
Earnings From Cont. Operations, 3 Yr. CAGR %	103.2	155.3	151.03	65.01	165.75
Net Income, 3 Yr. CAGR %	103.2	155.3	151.03	65.01	165.75
Normalized Net Income, 3 Yr. CAGR %	80.84	133.48	111.57	76.27	91.22
Accounts Receivable, 3 Yr. CAGR %	244.36	316.46	74.83	-26.29	70.71
Inventory, 3 Yr. CAGR %	163.43	69.68	-9.58	4.09	45.91
Net Property, Plant and Equip., 3 Yr. CAGR %	401.44	171.63	83.42	76.31	131.01
Total Assets, 3 Yr. CAGR %	17.39	31.47	20.29	26.63	71.71
Tangible Book Value, 3 Yr. CAGR %	12.75	2.08	12.99	22.62	57.86
Common Equity, 3 Yr. CAGR %	12.75	2.08	12.98	22.62	57.86
Cash From Operations, 3 Yr. CAGR %	85.22	87.68	102.81	-61.19	-46.03
Capital Expenditures, 3 Yr. CAGR %	-	-	17.35	5.42	24.41
Levered Free Cash Flow, 3 Yr. CAGR %	-	60.65	72.47	-26.85	112.39
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	58.91	85.82	-18.67	116.06
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	80.37	36.34	31.86
Gross Profit, 5 Yr. CAGR %	-	-	48.56	35.04	68.15
EBITDA, 5 Yr. CAGR %	-	-	27.9	73.07	124.76
EBITA, 5 Yr. CAGR %	-	-	27.06	72.15	127.58
EBIT, 5 Yr. CAGR %	-	-	27.06	72.15	127.59
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	65.26	161.18	165.39
Net Income, 5 Yr. CAGR %	-	-	65.26	161.18	165.39
Normalized Net Income, 5 Yr. CAGR %	-	-	74.56	132.41	92.31
Accounts Receivable, 5 Yr. CAGR %	-	-	99.44	49.84	152.54
Inventory, 5 Yr. CAGR %	-	-	54.7	30.83	46.74
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	244.97	163.21	81.61
Total Assets, 5 Yr. CAGR %	-	-	12.68	30.02	58.01
Tangible Book Value, 5 Yr. CAGR %	-	-	12.6	12.68	37.32
Common Equity, 5 Yr. CAGR %	-	-	12.6	12.68	37.31
Cash From Operations, 5 Yr. CAGR %	-	-	72.61	-16.96	3.97
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	11.76
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	4.24	112.21
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	10.53	117.08