Rostelecom (MOEX:RTKM)

Rostelecom Income Statement

Financials in millions RUB. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	779,945	707,801	627,055	580,092	546,889
Revenue Growth (YoY)	10.19%	12.88%	8.10%	6.07%	14.95%
Cost of Revenue	347,161	313,655	289,265	260,254	253,769
Gross Profit	432,784	394,146	337,790	319,838	293,120
Selling, General & Admin	23,621	19,972	14,920	13,748	11,880
Other Operating Expenses	121,007	106,974	85,766	101,733	98,847
Operating Expenses	314,264	278,839	241,785	254,425	227,455
Operating Income	118,520	115,307	96,005	65,413	65,665
Interest Expense	-86,130	-49,831	-51,042	-37,304	-34,815
Interest & Investment Income	7,345	3,935	5,170	5,435	2,032
Earnings From Equity Investments	-5,991	-9,606	-1,824	261	969
Currency Exchange Gain (Loss)	-616	297	-458	336	-1,183
Other Non Operating Income (Expenses)	-566	-1,677	-2,710	-1,585	-1,807
EBT Excluding Unusual Items	32,562	58,425	45,141	32,556	30,861
Impairment of Goodwill	-2,687	-3,481	-5,215	-	-750
Gain (Loss) on Sale of Investments	-3,096	-399	-	-	-91
Gain (Loss) on Sale of Assets	8,428	9,570	8,128	9,375	6,226
Asset Writedown	56	-2,104	-2,745	-1,115	-2,224
Pretax Income	35,263	62,011	45,309	40,816	34,022
Income Tax Expense	11,203	19,684	10,098	8,984	8,659
Earnings From Continuing Operations	24,060	42,327	35,211	31,832	25,363
Net Income to Company	24,060	42,327	35,211	31,832	25,363
Minority Interest in Earnings	-8,828	-7,909	-4,182	-3,283	-2,037
Net Income	15,232	34,418	31,029	28,549	23,326
Net Income to Common	15,232	34,418	31,029	28,549	23,326
Net Income Growth	-55.74%	10.92%	8.69%	22.39%	15.58%
Shares Outstanding (Basic)	3,377	3,353	3,345	3,359	3,140
Shares Outstanding (Diluted)	3,399	3,378	3,345	3,398	3,186
Shares Change (YoY)	0.61%	1.01%	-1.57%	6.67%	34.31%
EPS (Basic)	4.51	10.26	9.28	8.50	7.43
EPS (Diluted)	4.48	10.19	9.28	8.40	7.32
EPS Growth	-56.04%	9.84%	10.44%	14.75%	-13.98%
Free Cash Flow	20,713	24,212	24,180	4,630	803
Free Cash Flow Per Share	6.09	7.17	7.23	1.36	0.25
Dividend Per Share	-	6.060	5.447	-	5.000
Dividend Growth	-	11.26%	-	-	-
Gross Margin	55.49%	55.69%	53.87%	55.14%	53.60%
Operating Margin	15.20%	16.29%	15.31%	11.28%	12.01%
Profit Margin	1.95%	4.86%	4.95%	4.92%	4.26%
Free Cash Flow Margin	2.66%	3.42%	3.86%	0.80%	0.15%
EBITDA	228,459	205,041	182,474	161,359	150,214
EBITDA Margin	29.29%	28.97%	29.10%	27.82%	27.47%
D&A For EBITDA	109,939	89,734	86,469	95,946	84,549
EBIT	118,520	115,307	96,005	65,413	65,665
EBIT Margin	15.20%	16.29%	15.31%	11.28%	12.01%
Effective Tax Rate	31.77%	31.74%	22.29%	22.01%	25.45%
Advertising Expenses	23,621	19,972	14,920	13,748	11,880

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.