
Наука-Связь Income Statement 2025-2008 | NSVZ
Brief overview of income trends at Наука-Связь
The overview follows changes across a five-year period. Revenue reported by Наука-Связь was 1.1 billion rubles at the beginning of the period and 7.3 billion rubles at the end. Overall revenue changed by +539.6%, equal to an annualized rate of about 44.9%. This pace points to rapid expansion of the business.
The operating result measured by EBITDA moved from 238 million rubles to 1.2 billion rubles, or +426.1%. EBITDA underperformed the top-line trend. Comparing the endpoints gives EBITDA margins of 20.8% and 17.1%. Operating return per unit of revenue declined.
Net profit was 33.6 million rubles at the start and 4 million rubles at the end. The final result developed less favorably than the core business.
Market value was 912 million rubles at the start and 4 billion rubles at the end. The share-price trend moved ahead of the financial performance.
Conclusion
The financial profile remains mixed, with strengths and risks moving in different directions. The constructive conclusion rests on a larger revenue base. The main areas of concern are weaker operating efficiency and a weaker final result. Investors should continue to monitor margins, costs, and earnings quality.
Annual Income Statement Наука-Связь
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue |
7.3 B | 8.84 B | 6.4 B | 1.58 B | 1.5 B | 1.14 B | 1.06 B | 1.05 B | 918 M | 973 M | 1.08 B | 1.02 B | 1.07 B | 866 M | 672 M | 616 M | 490 M | 439 M |
Cost Of Revenue |
- | - | - | 967 M | 747 M | 465 M | 808 M | 748 M | 639 M | 418 M | 604 M | 710 M | 817 M | 750 M | 598 M | 566 M | 453 M | 411 M |
Gross Profit |
- | - | - | 616 M | 751 M | 677 M | 247 M | 304 M | 279 M | 555 M | 476 M | 311 M | 253 M | 116 M | 73.2 M | 49.9 M | 37.7 M | 28.7 M |
Gross Profit Ratio |
- | - | - | 0.39 | 0.5 | 0.59 | 0.23 | 0.29 | 0.3 | 0.57 | 0.44 | 0.3 | 0.24 | 0.13 | 0.11 | 0.08 | 0.08 | 0.07 |
General and Administrative Expenses |
2.71 B | 2.29 B | 1.65 B | 315 M | 446 M | 383 M | 129 M | - | - | 137 M | 96.5 M | 122 M | 125 M | - | - | - | - | - |
Selling And Marketing Expenses |
- | - | - | 1.83 M | 467 K | 482 K | 14.2 M | - | - | 19 M | 25.5 M | 23.6 M | 23.3 M | - | - | - | - | - |
Selling General And Administrative Expenses |
- | - | - | 316 M | 446 M | 384 M | 143 M | 141 M | 177 M | 326 M | 231 M | 178 M | 176 M | - | - | - | - | - |
Other Expenses |
- | - | - | 212 M | - | - | - | - | - | 124 M | 115 M | 29.6 M | 18.2 M | -53.6 M | -26 M | -4.33 M | -5.7 M | -3.99 M |
Operating Expenses |
6.48 B | 8.07 B | 5.78 B | 528 M | 554 M | 567 M | 143 M | 141 M | 177 M | 450 M | 346 M | 207 M | 194 M | -53.6 M | -26 M | -4.33 M | -5.7 M | -3.99 M |
Cost And Expenses |
- | - | - | 1.5 B | 1.3 B | 1.03 B | 951 M | 889 M | 815 M | 868 M | 950 M | 917 M | 1.01 B | 750 M | 598 M | 566 M | 453 M | 411 M |
Interest Expense |
766 M | 441 M | 186 M | 64 M | 41 M | - | - | 68 M | 79.1 M | - | - | - | - | 41.4 M | 32 M | 34.7 M | 30.5 M | 21.9 M |
Depreciation And Amortization |
400 M | 400 M | 400 M | 118 M | 103 M | 148 M | 130 M | 125 M | 116 M | 113 M | 105 M | 94.4 M | 88.4 M | -52.6 M | -24 M | -4.33 M | -2.48 M | -1.77 M |
EBITDA |
1.25 B | 1.23 B | 1.14 B | 206 M | 254 M | 238 M | 234 M | 288 M | 219 M | 218 M | 235 M | 131 M | 147 M | 63.8 M | 43.7 M | 44.8 M | 35.2 M | 26.9 M |
EBITDA Ratio |
0.17 | 0.14 | 0.18 | 0.13 | 0.17 | 0.21 | 0.22 | 0.27 | 0.24 | 0.22 | 0.22 | 0.13 | 0.14 | 0.07 | 0.07 | 0.07 | 0.07 | 0.06 |
Operating Income |
811 M | 763 M | 610 M | 88.5 M | 184 M | 116 M | 104 M | 164 M | 103 M | 105 M | 130 M | 103 M | 58.6 M | 116 M | 73.2 M | 49.9 M | 37.7 M | 28.7 M |
Operating Income Ratio |
0.11 | 0.09 | 0.1 | 0.06 | 0.12 | 0.1 | 0.1 | 0.16 | 0.11 | 0.11 | 0.12 | 0.1 | 0.05 | 0.13 | 0.11 | 0.08 | 0.08 | 0.07 |
Income Before Tax |
4 M | 279 M | 371 M | 7.14 M | 155 M | 42.4 M | 15 M | 17.8 M | 14.5 M | 25.5 M | 38.8 M | 39.4 M | -902 K | 22.4 M | 17.1 M | 10.9 M | 4.68 M | 4.99 M |
Income Before Tax Ratio |
- | - | - | 0.0 | 0.1 | 0.04 | 0.01 | 0.02 | 0.02 | 0.03 | 0.04 | 0.04 | -0.0 | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 |
Income Tax Expense |
- | - | - | 6.43 M | 36.3 M | 8.75 M | 7.68 M | 13.7 M | 14.5 M | 15.5 M | 19.3 M | 18.5 M | 1.28 M | 11.6 M | 2.3 M | 6.61 M | 1.22 M | 3.44 M |
Net Income Ratio |
0.0 | 0.03 | 0.06 | 0.01 | 0.08 | 0.03 | 0.01 | 0.0 | 0.0 | 0.01 | 0.02 | 0.02 | 0.0 | 0.01 | 0.02 | 0.01 | 0.01 | 0.0 |
Earnings Per Share, EPS |
0.25 | 18 | 24 | 2.89 | 25.3 | 7.16 | 4.01 | 2.52 | 0.02 | 8.01 | 15 | 17.6 | 0.58 | 5.95 | 5.86 | 1.82 | 1.91 | 0.86 |
EPS Diluted |
0.25 | 18 | 24 | 2.89 | 25.3 | 7.16 | 4.01 | 2.52 | 0.02 | 8 | 15 | 17.6 | 0.58 | 5.95 | 5.86 | 1.82 | 1.91 | 0.86 |
Weighted Average Shares Outstanding |
15.7 M | 15.7 M | 15.7 M | 4.7 M | 4.7 M | 4.7 M | 1.81 M | 1.81 M | 1.81 M | 1.24 M | 1.3 M | 1.2 M | 1.2 M | - | 1.81 M | 1.81 M | 1.81 M | 1.81 M |
All numbers in RUB currency
Quarterly Income Statement Наука-Связь
| 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q1 | 2012-Q4 | 2011-Q4 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue |
852 M | 852 M | 438 M | 438 M | 354 M | 354 M | 420 M | 420 M | 329 M | 329 M | 303 M | 303 M | 267 M | 267 M | 538 M | 269 M | 259 M | 259 M | 294 M | 294 M | 233 M | 233 M | 237 M | 237 M | 222 M | 222 M | 246 M | 246 M | 240 M | 240 M | 271 M | 271 M | 269 M | 269 M | 260 M | 260 M | 250 M | 250 M | 309 M | 214 M | 206 M | 204 M |
Cost Of Revenue |
511 M | 511 M | 279 M | 279 M | 133 M | 133 M | 201 M | 201 M | 172 M | 172 M | 39.8 M | 39.8 M | 193 M | 193 M | 427 M | 170 M | 149 M | 149 M | 162 M | 162 M | 124 M | 124 M | 98.7 M | 98.7 M | 134 M | 134 M | 49.7 M | 49.7 M | 159 M | 159 M | 171 M | 171 M | 131 M | 131 M | 227 M | 227 M | 128 M | 128 M | 261 M | 189 M | 179 M | 180 M |
Gross Profit |
341 M | 341 M | 159 M | 159 M | 221 M | 221 M | 218 M | 218 M | 157 M | 157 M | 264 M | 264 M | 74.8 M | 74.8 M | 111 M | 99.1 M | 109 M | 109 M | 132 M | 132 M | 108 M | 108 M | 138 M | 138 M | 88 M | 88 M | 197 M | 197 M | 80.7 M | 80.7 M | 99.9 M | 99.9 M | 138 M | 138 M | 33.2 M | 33.2 M | 122 M | 122 M | 47.5 M | 25 M | 26.3 M | 24 M |
Gross Profit Ratio |
0.4 | 0.4 | 0.363 | 0.363 | 0.625 | 0.625 | 0.52 | 0.52 | 0.477 | 0.477 | 0.869 | 0.869 | 0.28 | 0.28 | 0.207 | 0.368 | 0.423 | 0.423 | 0.449 | 0.449 | 0.465 | 0.465 | 0.584 | 0.584 | 0.396 | 0.396 | 0.798 | 0.798 | 0.336 | 0.336 | 0.369 | 0.369 | 0.512 | 0.512 | 0.128 | 0.128 | 0.489 | 0.489 | 0.154 | 0.117 | 0.128 | 0.118 |
General and Administrative Expenses |
- | - | 97.9 M | 97.9 M | - | - | 138 M | 138 M | - | - | 24.5 M | 24.5 M | 24.5 M | 24.5 M | - | 32.9 M | 31.7 M | 31.7 M | 36.5 M | 36.5 M | 24.7 M | 24.7 M | 45.5 M | 45.5 M | 20.7 M | 20.7 M | 55 M | 55 M | 13.4 M | 13.4 M | 11.9 M | 11.9 M | 60.1 M | 60.1 M | 8.1 M | 8.1 M | 69.3 M | 69.3 M | 33.8 M | - | - | - |
Selling And Marketing Expenses |
- | - | 914 K | 914 K | - | - | 234 K | 234 K | - | - | 1.99 M | 1.99 M | 2.23 M | 2.23 M | - | 4.62 M | 2.47 M | 2.47 M | 5.86 M | 5.86 M | 3.4 M | 3.4 M | 5.63 M | 5.63 M | 3.44 M | 3.44 M | 4.42 M | 4.42 M | 5.1 M | 5.1 M | 7.05 M | 7.05 M | 5.68 M | 5.68 M | 4.62 M | 4.62 M | 7.19 M | 7.19 M | 11 M | - | - | - |
Selling General And Administrative Expenses |
110 M | 110 M | 98.8 M | 98.8 M | 77.4 M | 77.4 M | 138 M | 138 M | 85.1 M | 85.1 M | 156 M | 156 M | 36.1 M | 36.1 M | 75 M | 51.8 M | 43.8 M | 43.8 M | 55.8 M | 55.8 M | 39.4 M | 39.4 M | 82.1 M | 82.1 M | 33.5 M | 33.5 M | 145 M | 145 M | 18.4 M | 18.4 M | 49.4 M | 49.4 M | 65.8 M | 65.8 M | 12.3 M | 12.3 M | 76.5 M | 76.5 M | 58.7 M | - | - | - |
Other Expenses |
185 M | - | - | - | - | 126 M | 30.4 M | 30.4 M | 17.4 M | 17.4 M | 72.8 M | 72.8 M | 17.3 M | 17.3 M | - | 25.6 M | 46 M | 46 M | 55.4 M | 55.4 M | 47 M | 47 M | 36.8 M | 36.8 M | 27.6 M | 27.6 M | 34.5 M | 34.5 M | 27.5 M | 27.5 M | 32.7 M | 32.7 M | 24.8 M | 24.8 M | -7.58 M | -7.58 M | 22.4 M | 22.4 M | -1.49 M | -7.84 M | -48 M | -17.8 M |
Operating Expenses |
295 M | 294 M | 135 M | 135 M | 204 M | 203 M | 168 M | 168 M | 102 M | 102 M | 229 M | 229 M | 53.4 M | 53.4 M | 75 M | 77.5 M | 89.8 M | 89.8 M | 111 M | 111 M | 86.5 M | 86.5 M | 119 M | 119 M | 61.1 M | 61.1 M | 179 M | 179 M | 45.9 M | 45.9 M | 82.1 M | 82.1 M | 90.6 M | 90.6 M | 4.76 M | 4.76 M | 98.9 M | 98.9 M | 57.3 M | -7.84 M | -48 M | -17.8 M |
Cost And Expenses |
806 M | 805 M | 414 M | 414 M | 337 M | 336 M | 370 M | 370 M | 275 M | 275 M | 268 M | 268 M | 246 M | 246 M | 502 M | 247 M | 239 M | 239 M | 273 M | 273 M | 211 M | 211 M | 218 M | 218 M | 195 M | 195 M | 229 M | 229 M | 205 M | 205 M | 253 M | 253 M | 222 M | 222 M | 232 M | 232 M | 227 M | 227 M | 319 M | 189 M | 131 M | 162 M |
Interest Expense |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 34.9 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13.9 M | 12.5 M | 10.1 M |
Depreciation And Amortization |
61.2 M | 82.3 M | 23.7 M | 23.7 M | 63.4 M | 49 M | 28.1 M | 28.1 M | 7.21 M | 7.21 M | 25.7 M | 25.7 M | 35.1 M | 35.1 M | 66.5 M | 33.3 M | 31.7 M | 31.7 M | 31.2 M | 31.2 M | 31.3 M | 31.3 M | 30.5 M | 30.5 M | 27.6 M | 27.6 M | 29.1 M | 29.1 M | 27.5 M | 27.5 M | 27.7 M | 27.7 M | 24.8 M | 24.8 M | 24.8 M | 24.8 M | 22.4 M | 22.4 M | 24.6 M | -7.54 M | -81.5 M | -45.9 M |
EBITDA |
108 M | 108 M | 36 M | 36 M | 67.1 M | 67.1 M | 68 M | 68 M | 59.3 M | 59.3 M | 62.4 M | 62.4 M | 56.4 M | 56.4 M | 103 M | 54.9 M | 51.3 M | 51.3 M | 51.8 M | 51.8 M | 52.9 M | 52.9 M | 49.8 M | 49.8 M | 54.7 M | 54.7 M | 46.7 M | 46.7 M | 62.3 M | 62.3 M | 45.4 M | 45.4 M | 72.2 M | 72.2 M | 19.7 M | 19.7 M | 45.7 M | 45.7 M | 14.8 M | 17.5 M | 20.9 M | 17.3 M |
EBITDA Ratio |
0.126 | 0.126 | 0.082 | 0.082 | 0.19 | 0.19 | 0.162 | 0.162 | 0.18 | 0.18 | 0.206 | 0.206 | 0.211 | 0.211 | 0.191 | 0.204 | 0.198 | 0.198 | 0.177 | 0.177 | 0.227 | 0.227 | 0.21 | 0.21 | 0.246 | 0.246 | 0.189 | 0.189 | 0.26 | 0.26 | 0.168 | 0.168 | 0.268 | 0.268 | 0.076 | 0.076 | 0.183 | 0.183 | 0.048 | 0.082 | 0.102 | 0.085 |
Operating Income |
46.3 M | 46.6 M | 26.2 M | 26.2 M | 18.1 M | 18.1 M | 50 M | 50 M | 54.6 M | 54.6 M | 35 M | 35 M | 21.3 M | 21.3 M | 36.2 M | 21.6 M | 19.6 M | 19.6 M | 20.6 M | 20.6 M | 21.6 M | 21.6 M | 19.4 M | 19.4 M | 27 M | 27 M | 17.6 M | 17.6 M | 34.8 M | 34.8 M | 17.8 M | 17.8 M | 47.4 M | 47.4 M | 28.4 M | 28.4 M | 23.3 M | 23.3 M | -9.75 M | 25 M | 102 M | 63.3 M |
Operating Income Ratio |
0.054 | 0.055 | 0.06 | 0.06 | 0.051 | 0.051 | 0.119 | 0.119 | 0.166 | 0.166 | 0.115 | 0.115 | 0.08 | 0.08 | 0.067 | 0.08 | 0.076 | 0.076 | 0.07 | 0.07 | 0.093 | 0.093 | 0.082 | 0.082 | 0.122 | 0.122 | 0.072 | 0.072 | 0.145 | 0.145 | 0.066 | 0.066 | 0.176 | 0.176 | 0.109 | 0.109 | 0.093 | 0.093 | -0.032 | 0.117 | 0.498 | 0.31 |
Income Before Tax |
7.73 M | 7.73 M | 5.23 M | 5.23 M | -1.66 M | -1.66 M | 32.4 M | 32.4 M | 45.2 M | 45.2 M | 17.8 M | 17.8 M | 3.38 M | 3.38 M | 9.22 M | 4.61 M | 2.87 M | 2.87 M | 4.64 M | 4.64 M | 4.26 M | 4.26 M | -113 K | -113 K | 7.37 M | 7.37 M | 523 K | 523 K | 12.2 M | 12.2 M | 7.75 M | 7.75 M | 11.7 M | 11.7 M | 15.3 M | 15.3 M | 4.38 M | 4.38 M | -26.8 M | 3.56 M | 8.42 M | 7.22 M |
Income Before Tax Ratio |
0.009 | 0.009 | 0.012 | 0.012 | -0.005 | -0.005 | 0.077 | 0.077 | 0.137 | 0.137 | 0.059 | 0.059 | 0.013 | 0.013 | 0.017 | 0.017 | 0.011 | 0.011 | 0.016 | 0.016 | 0.018 | 0.018 | -0.0 | -0.0 | 0.033 | 0.033 | 0.002 | 0.002 | 0.051 | 0.051 | 0.029 | 0.029 | 0.043 | 0.043 | 0.059 | 0.059 | 0.018 | 0.018 | -0.087 | 0.017 | 0.041 | 0.035 |
Income Tax Expense |
2.53 M | 2.53 M | 4.22 M | 4.22 M | 1.01 M | 1.01 M | 9.22 M | 9.22 M | 8.94 M | 8.94 M | 5.72 M | 5.72 M | 1.34 M | 1.34 M | 3.47 M | 1.73 M | 2.11 M | 2.11 M | 3.24 M | 3.24 M | 3.59 M | 3.59 M | 3.22 M | 3.22 M | 4.01 M | 4.01 M | 3.03 M | 3.03 M | 4.72 M | 4.72 M | 4.66 M | 4.66 M | 4.97 M | 4.97 M | 5.77 M | 5.77 M | 3.46 M | 3.46 M | 2.16 M | 3.38 M | 2.84 M | 1.25 M |
Net Income Ratio |
0.012 | 0.012 | 0.022 | 0.022 | -0.008 | -0.008 | 0.055 | 0.055 | 0.11 | 0.11 | 0.04 | 0.04 | 0.018 | 0.018 | 0.011 | 0.011 | 0.003 | 0.003 | 0.006 | 0.006 | 0.003 | 0.003 | -0.014 | -0.014 | 0.015 | 0.015 | -0.01 | -0.01 | 0.031 | 0.031 | 0.011 | 0.011 | 0.026 | 0.026 | 0.037 | 0.037 | 0.004 | 0.004 | -0.079 | 0.001 | 0.027 | 0.026 |
Earnings Per Share, EPS |
0.65 | 0.65 | 2.01 | 2.01 | -0.57 | -0.57 | 4.94 | 4.94 | 7.72 | 7.72 | 2.58 | 2.58 | 3.93 | 3.93 | 3.26 | 2.46 | 0.57 | 0.57 | 1.18 | 1.18 | 0.5 | 0.5 | -5.34 | -5.34 | 2.5 | 2.5 | -1.92 | -1.92 | 6.25 | 6.25 | 1.94 | 1.94 | 6.08 | 6.08 | 8.17 | 8.17 | 0.76 | 0.76 | -20.5 | 0.1 | 3.08 | 0.96 |
EPS Diluted |
0.65 | 0.65 | 2.01 | 2.01 | -0.57 | -0.57 | 4.94 | 4.94 | 7.72 | 7.72 | 2.57 | 2.57 | 3.93 | 3.93 | 3.26 | 2.46 | 0.57 | 0.57 | 1.18 | 1.18 | 0.5 | 0.5 | -5.33 | -5.33 | 2.5 | 2.5 | -1.92 | -1.92 | 6.25 | 6.25 | 1.94 | 1.94 | 6.08 | 6.08 | 8.16 | 8.16 | 0.76 | 0.76 | -20.5 | 0.1 | 3.08 | 0.96 |
Weighted Average Shares Outstanding |
15.7 M | 15.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 4.7 M | 1.2 M | 1.2 M | 1.81 M | 1.2 M | 1.2 M | 1.2 M | 1.42 M | 1.42 M | 1.22 M | 1.22 M | 619 K | 619 K | 1.33 M | 1.33 M | 1.29 M | 1.29 M | 1.19 M | 1.19 M | 1.46 M | 1.46 M | 1.14 M | 1.14 M | 1.18 M | 1.18 M | 1.22 M | 1.22 M | 1.2 M | - | - | 1.81 M |
All numbers in RUB currency
The income statement is one of the three key financial reports of a company Наука-Связь (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.