Dingindira reIPo richangobva kuRussia yekunzwa. Izvi zvinonyanya kubatanidzwa neiyo ipo yemakambani akadaro seOzon (McX: ozondr; Nasdaq: ozon) uye kugadzirisa mutengo. Takaongorora kuti ndeapi pekugara anogona kuitika mumakore mashoma anotevera uye kuti ungawana sei.
Isu tinofunga nezve zvinotevera pekugara mune zvinonyanya kufadza:
- AFK SYSTEM (MCX: AMKS) zvirongwa zvekuisa akawanda ezvivakwa zvake. Mains mains eSegezha Boka, Medsi uye Steppe. Izvi zvinoita kuti afk system inonakidza inokonzerwa nekuburitswa kwekukosha kwezvinhu zvekambani.
- Iyo ipo yeTonos inokwanisa kupesvedzera iyo ribbon Quotes (MCX: lntadr) kana zvichikura nhoroondo neSynergies pakati pemakambani maviri. Izvo zvinokwanisika kuti utarisire kubva kuOzon Spares nekuda kwekuti vagari vepo vanozofunga kutsvaga kuti E-commerce maitiro acho kuburikidza nemumwe wevatungamiriri vechidimbu, lockosos.
- Kukunda uye Kandex.Toxi inogona kuwanda pane makambani akanyanya kutengeswa, ayo anogona kuve akajeka chinhu (mcx: AFX: Yandex (YNDX), zvichiteerana.
Gadzirisa mutengo
Who! Chitoro chezvitoro zvemhuri yese ine huwandu hwakawanda hwezvinhu zvekumba pamitengo yakaderera yakatarwa.? Kurume 10 2021.
Pane zvirongwa zvekubata ipo muLondon Fix mutengo unotaurwa pakati-Kukadzi. Iyo kambani inozoshandisawo yechipiri runyorwa pane iyo moscow kuchinjana. Yakatumirwa kambani yeIPE pamadhora manomwe- $ 11.5 Mabhiriyoni ezvinyorwa mune zvatinofunga nezve IPO gadzirisa mutengo, unogona kuverenga pano.
Segezha boka.
Who! Imwe yeinotungamira yematanda-maindasitiri inobata neyakagadziriswa yakabatanidzwa chimiro uye nzvimbo yakazara inotenderera uye yakawandisa huni.
? Pre-2021 gore.
AFC inobata iyo system yakataurwa pane zvirongwa zveiyo ipo portfolio company segezha boka. Chirevo ichi chinoti AFC iri kugadzirira kubuda kwekambani pane iyo STOCK Kuchinjana muna 2021, asi pasina zvisarudzo zvepamutemo maererano neiyo ipo inogamuchirwa.
Iyo kambani ndeye mutungamiri weRussia uye mumwe wevatungamiriri veEuropean Pepa rekutakura marongero (52% uye 16.5%, zvichiteerana).
Iyo kambani yakatarisana nemisika yokumwe, inobvumira kuti ive nehuwandu hukuru hwemari yemari, 70%.
Mari yekambani yekambani yemwedzi miviri makumi maviri nemakumi maviri nemakumi maviri nemakumi mashanu emadhora mazana mashanu nemakumi mairi. (+ 14: 147% g / g), ebitda yaive padanho remazana gumi nemazana gumi nemana emabhiriyoni. (+ 11.0% g / g).
Iko kuwana kambani yekuwana kune iyo stock exchange inogona kuve yakakoshesa catalyst yeAFC inogovera system iyo Owns 98% yekambani. Izvi zvichaitika mukubhadharirwa kwemusika wekambani yekuongorora. Uye zvakare, iyo yekubuda kune iyo stock kutsinhina inoreva mukana wekutengeserana kwemahara mumugove, izvo zvinoreva zvakawanda. Uye liquidity inoita zvinhu zvinokosha zvakanyanya uye zvinodhura.
Medsi.
Who! Iyo nyika yakakura kwazvo yemubatanidzwa yakazvimirira network yezvekurapa uye kudzivirira masangano anopa yakazara yakazara masevhisi.
? Pre-2022 gore.
Imwe yeiyo midziyo yeiyo yehurongwa inogona kuitisa ipo. MuNSEI, AFK ine 97% yekambani. Yakatangwa pakutanga inotarisirwa kuitirwa muna 2021. Nekudaro, ipapoka, nekuda kweiyo dengic, kambani yakasarudza kuchinja zano uye pinda iyo yekutsinhana mu 2022, maererano nemutungamiriri wezvekutengesa zviitiko uye kushambadzira Medussia Alla Kanunnikova.
Medisi mari yemari yehafu yekutanga yegore yakawira kusvika pamabhiriyoni zana emadhora. (-1.9% G / G), uye munguva pfupi. Ebitda yakadzikira kumabhiriyoni mazana maviri nemakumi matatu emiriyoni. (-9.8% g / g).
Sezvo Medsi zvakare iri sighti system, iyo kambani yekuwana kune iyo stock Exchange ichave nemhedzisiro yakanaka pane capitalization ye afc. Iyo huru yekuuraya, pamwe nezvikamu, zvichave zvinowana kuongororwa kwemusika kwekambani uye neyakafukidzwa.
Steppe
Who! Imwe yemakambani makuru eAgrrian muRussia.
? Zvisingazivikanwe.
Iyo steppe ndeye imwe afc system asset mune iyi rondedzero, uko iyo system iri 85%. Pakutanga, kuiswa kweiyo Asset kwaifungidzirwa muna 2019. Ipapo yakaendeswa kuna 2020, asi nekuda kweiyo dengic, iyo yekubuda kwekambani yekutsinhana kweStock yaifanira kudzimwa zvakare. Sekureva kwaVladimir Chirahov, Mutungamiri uye Sachigaro weBhodhi reAfc System, kambani inofarira zvikuru pakati pevashandi, kusanganisira nedzinza.
Mumwedzi mipfumbamwe yekutanga ye2020, mari yemhando yekambani yakawedzera ne 16.3% y / y kusvika pamabhiriyoni matatu, uye ebitda yakawedzera ne37.3% y / y uye yakasvika mabhiriyoni mana emadhora.
Iyo steppe inogona kuve imwe nhumbi inobatsira AFK system kuratidza kukosha kwayo kwemusika.
Yadel.taxi
Who! Mabasa ezve tekisi uye zvekutakura zvekutengesa anogashira, pamwe nefoni mafoni kwavari.? Yakurudzirwa kwenguva isingagumi.
Pane zvirongwa zvekuitisa IPO Kandex.fexti, iyo kambani yakaziviswa pakutanga 2019. Nekudaro, mushure meizvozvo, munaNovember 2020 yandex yakaramba kuisa taxi.
Greg Levosky, mashandiro uye emari mutungamiriri weYandex, akati: "Isu tinoona kuti iyo Yandex Puratifomu, yatakasika, inova nani nekuda kwekuvimbika kwavo. Naizvozvo, iyo Taxi Service Ipo haina kutariswa. "
Panyaya yekuiswa kweYandex.Toxi kune yakakwira mukana wekuti ichave iri pane yakakwira mamakisi pane musika parizvino yakaiswa muYandex migove. Kupesana neiyi nhoroondo, Yandex Quotes inogona kukura. Nekudaro, nekuda kwekutamiswa kweiyo ipo kwenguva isingagumi, haina kukodzera kuishandisa seyekudyara mari.
II.
Who! Mutungamiriri wemusika online cinemas muRussia.
? Yakurudzirwa kwenguva isingagumi.
Muvambi ivhi, oleg Tumanov, akadzokorora kutaura nezvese zvinokwanisika kubuda kwekambani pane iyo stock Exchange. Semhedzisiro, iyo kambani yaive kugadzirira kupinda mumusika pakutanga kwe2021: Pakupera kwaNovember 2020, zvakazozivikanwa nezve zvirongwa zvekuenda kuNASDAQ.
Ipapo kuiswa kwacho kwakamiswa nekuda kwebhiri remutevedzeri weanton Gorelkin pane iyo chikamu cheiyo chikamu chevatorwa mune online cinemas. Sekureva kwemutemo wekunyorwa wakaitwa neye mutevedzeri musi waDecember 18, 2020, kana chikamu chevatorwa muInternet cheCinema Chinopfuura 20%, ipapo iyo kambani inosungirwa kutsanangura kutadza kwechigadzirwa chayo chehurumende pabasa rehurumende.
Iyo kambani inogara chinzvimbo chinotungamira mumusika weInternet wepadenga neyekugovera kwemwedzi 620. Panguva imwecheteyo, iyo kambani yakawedzera, iyo inoreva kuwedzera kwemusika mumusika mumwedzi mitanhatu yekutanga ya2020. Nekudaro, iyo II Revenue yakawedzera ne 58% y / y kwemwedzi mitanhatu 2020, kusvika pamabhiriyoni mashanu emadhora.
Iyo kambani mutungamiri wemusika uye inoratidza kukura kukuru. Panguva imwecheteyo, anobudirira pakuchengeta zvinzvimbo, kunyangwe paine makwikwi eOxko's Chiso (Sberbank Asset (McX: Sber)) uye Firimu disc (Yandex Asset). Nzvimbo dzakasimba dzakadaro dzinoita kuti kambani ive inogamuchirwa chinhu chemubhadharo wepuranga.
Bhizinesi rinobuda pane iyo iyo yaizopa mari mukana wekudyara mune yakasimba yekukura kambani inoshanda mumusika weRussia. Iko hakuna vazhinji vakadaro vatambi izvozvi.
Platypus
Who! Mutungamiri wemusika mumunda wezvekutakura chikafu uye zvinhu zvine hukama zveRussia e-commerce.
? Iko hakuna kuronga kwakananga.
Kusvika muna Kubvumbi 2020, kambani yaive yemutungamiri asina mwero weMusika wekutakura Online Soko, asi iyo Wkonos yakavhenekerwa pachinzvimbo chechitatu chechitima X5 Retail (McX: shanu) uye Sbermarket. Migove yeUtona, X5 uye Sbermarket iri 10%, 12% uye 11%, zvichiteerana.
Wkonkos yakawedzera kudzvanywa mumwedzi mipfumbamwe yekutanga ye2020 kusvika 11.6 mabhiriyoni rublos. (+ 66% g / g) nekarumbozha nemazana matatu emiriyoni. Kwemwedzi 9 2019. Mutungamiriri wekambani akataura kuti ne20023 kambani inogona kusvika pakuzorora-kunyangwe. Kana zvimwe pakutanga.
Iyo Director-General of Uttonos yakati munaNovember 2020 iyo ikozvino kambani isironge kuti uenderere mberi pakutsinhana kweStock. Mune ramangwana, mukana wakadaro unogona kukurukurwa, asi nhasi hapana zvirongwa zvakadaro.
Iyo yekambani inobuda pane iyo Stock Exchange inogona kuve yakanaka mutyairi weRibbon Mahura. Izvi zvichaitika kana musika uchinzwisisa nyaya yebhizimusi rakabatana reropa uye ribhoni. Iyi nyaya inogona kuve yakapihwa zvakanyanya kutarisirwa panguva yekuiswa, nekuda kweSynergies, izvo zvinogona kuunzwa kumakambani ese.
Muchiitiko icho kubatanidzwa kana kukura kweiyo Joint Venture (Joint Venture) pakati peRibbon uye iyo mvura yekuprofa inoitika isati yaiswa, iko kuiswa kwendege kuchave kwakakura kwazvo patepi. Iyo ichave yakabatana nekuburitswa kwekukosha kwemadziro. Kusvika padanho rakakura, izvi zvichakonzerwa neidi rekuti vatengesi vepamhepo vanotengeswa pane zvinodhura zvakanyanya kupfuura zvakajairwa.
Zvakare, iyo kambani inogona kumanikidza kukwikwidza kweOzon kuitira mari yekudyara mari. Wkonkos iri mutambi akakura mumusika wekudya kwekutengesa, kugadzirisa makumi matatu muzana mimwe mirairo kupfuura ozon. Nekudaro, kazhinji, ozon iri mutambi akakura nekuda kwekushaikwa kwehunyanzvi mumusika mumwechete. Kunyangwe izvi, kuvhara kukura mitengo (+ 66% G / G / G RAKESESA + 70% Y / Yemwedzi 20 Izvi zvinotungamira mukudonha kudiki kweOzon kugovera.
Kukunda
Who! Iyo yakakura ndege-lourine-lourenger muRussia.? Kunonoka zvachose.
Muna 2019, Aeroflot CEO akataura kuti aeroflot zvirongwa kuti ubate Ipo ye25% yemari yekukunda. Nekudaro, kubva panguva iyo kambani yakashanduka director General. Munguva pfupi yapfuura, akataura kuti panguva yacho IPO kukunda hakufungidzirwe.
Sibur
Who! Sibur - yakakura kwazvo yakasanganiswa mafuta uye gasi chemistry kambani yeRussia.
? Zvisingazivikanwe.
Runyerekupe pamusoro pekubuda kweSibur pane iyo ipo yakamonyaniswa kwenguva yakareba. Sibur yakanga yakagadzirira iyo ipo kumashure muna 2018, kubvira panguva iyoyo sarudzo yekupinda yekutengeserana haina kugamuchirwa. MunaFebruary 2019, Kono akataura kuti mushure mekutanga kufambisa kweIPasibneftech chirimwa, uye muzhizha ra2020, rainzi nguva yekutengeserana zvisina kukodzera, kupihwa chigaro cheCoronavirus.
Mushure mekugadzwa kwaPeter O'brien, iyo yaimbova maneja weMorgan Stanley (NYSE: MS) yeSibur muGunyana gore rakapera, zvinoita sekuti iyo kambani iyo ipo MunaSeptember 2020, musoro weSibur Dms Konov Dmy Konov Dmy Konov Dmy Kosov
Mari yekambani yekambani yemwedzi miviri ya2020 yakasvika makumi matatu nemasere.4 mabhiriyoni anobuda. (-6.6% Y / Y), EBITTA YAKASHURE YEMAHARA 122.0 Mabhiriyoni Mabhiriyoni. (-3.3% G / G).
Datville
Who! Network Zvitoro zveHutano chikafu.
? Pre-2021 gore.
Imwe kambani yeRussia, iyo inoronga kupinda muAmerican Stock Exchange, cheni yezvitoro zvembavha. Sekureva kwaAndrei Krivenko, muvambi wekambani, chisarudzo chekupedzisira hachisati chabvumwa, asi kuiswa kunoonekwa pamusoro peNew York neMoscow masheya.
Zvakakosha kucherechedza kuti thawalla ikozvino iri panhau inotevera yekuvandudzwa kwayo. Kutanga, panguva yekupanduka uye kuwanda, kambani yakawedzera pamhepo turning kubva ku1% kusvika ku15% uye iyo mari yakawedzera neRussia ne78% y / y muhafu yekutanga ye2020.
Panguva imwecheteyo muhukuru hwakazara, kambani iri kunyura zvishoma kusevha kweiyo indasitiri yechitoreti yakaitwa neIPO - Fix Mutengo. Saka, kuDvorville, mari mundima muna2009 yakasvika mazana masere nemakumi matatu emiriyoni zule. Kusvikapo ne142,9 mabhiriyoni anobuda.
Uye zvakare, kambani iri parizvino ichipinda mumisika yekumadokero: Chitoro chakatove chiri kushanda muParis, mumwe muAmsterdam, iyo yekuvhurwa yenzvimbo dzePepa neChina dzinokurukurwa.
Sezvineiwo, muna 2019 kambani yakagamuchira mabhiriyoni matatu rublos. Net purofiti pa 82.5 mabhiriyoni rubles. Mari uye yakatumira mabhiriyoni maviri rublos. pakubhadhara kwekugovana. Iyo kambani yave ichishanda kwemakore mashanu pasina makore asina kubatsirwa.
Sovcomk
Who! Iyo yechitatu yakakura pfuma yeiyo yakavanzika bhangi muRussia.
? Pre-2021 gore.
Iyo kambani iri kuenda kuIPO kubva muna 2018. MunaFebruary 2020, Reuters akataura kuti SovCabank iri kugadzirira IP yepakati pegore uye akatosarudza Goldman Sach, JP morgan naMorgan Stanley sesangano reParamende
Nekudaro, dambudziko rakadzivirira izvi zvirongwa, uye muApril kutanga mutevedzeri wechiratidzo webhangi akataura nezve IPO: "gore rino - pane gore rinouya kwete, hatizvidzore, kureva kuti, zvinogona kunge zviripo Scenario umo gore rinotevera panogona kunge paine Windows for Ipo. "
Iyo kambani inoratidza kukurumidza kukurumidza kukura kwemabhangi eRussia eRussia. Saka, nhamba yematengi ekutengesa akura kusvika kune 8.1 miriyoni vatengi pakupera kwemwedzi 9 2020 (+ 29% muna Zvita 31, 2019). Kusuwa Iyo purofiti yemwedzi yekutanga ye2020 yakawedzera ne20% y / y uye yakasvika mabhiriyoni makumi maviri nemasere, uye muna 2019 yakawedzera ne 70%: Kubva 17,000 mabhiriyoni anobuda. anosvika makumi matatu emadhora anobuda.
Mukufunga kwedu, pfungwa dzinonakidza kwazvo pane dzimba dziri kuuya dziri inotevera:
- AFC system inogona kuratidza kukura kwakakosha mumakore mashoma anotevera nekuda kwekuiswa kweakawanda ezvivakwa zvake. Iwo makuru ari eSegezha Boka, Medsi uye Steppe.
- Iyo ipo yeiyo mhepo inokwanisa kuita zvakanaka kuti ribwe rabhodhi mukuvandudzwa kwenhoroondo neSynergies pakati pemakambani maviri. Zvinoitawo kuti utarisire kubva kuOzon Spares nekuda kwekuti vagari vemo vachasarudza kutamba e-commerce maitiro kuburikidza nemutungamiriri wechidimbu.
Chinyorwa chakanyorwa mukubatana ne analytics nikolai chikashvili
Verenga zvinyorwa zvepakutanga pane: mari.com