Frontierby eninvs

Language: EN · RU

← Region

Whoosh USD

Update

Re-runs extraction for each period with period-end year from max(2023, current year − 2) through the current year, oldest first (up to three reporting years). This can take a long time.

Sector: Information Technology

RU_WUSH

Price chart

68.14 RUBDay 0.09%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
68.14 RUB · 0.09%
Market cap
106 mln USD

Growth

Δ revenue y/y
-11.5%
Δ EBITDA y/y
-22.3%

Multiples

P/E (LTM)
—
3y avg: 11.1x
P/B (FY)
1.9x
P/E (ann.)
<0
EV/EBITDA (LTM)
—
3y avg: 130.3x
EV/EBITDA (ann.)
184.9x

Cash return

Dividend yield
—
FCF yield (LTM)
—

Liquidity

Daily turnover (MOEX)
28.4 mln RUB

Shares: connector/market_inputs

Amounts: USD (converted) · As reported
Converted modes use NBK / ECB-linked rates: balance sheet date for BS items, period average for P&L and cash flow (see filing row evidence). As reported keeps each row in its filing currency.

🔍 Sanity check — subtotal consistency (Level-1 + Level-2) OK: 2 / Warn: 0 / Err: 7 / Autofix applied: 0
Port of PHP subtotal-total + sign-flip detection logic
PeriodIssues
2023-06-30 H1✓OK
2023-12-31 FY✓OK
2023-12-31 H2✗Errors 2Warn 1
2024-06-30 H1✗Errors 1Warn 1
2024-12-31 FY✗Errors 1Warn 1
2024-12-31 H2✗Errors 2Warn 2
2025-06-30 H1✗Errors 2Warn 2
2025-12-31 FY✗Errors 2Warn 1
2025-12-31 H2✗Errors 2Warn 2
✓ All checks pass · ⚠ Has warnings (review) · ✗ Has errors (needs fix) · ✓* Autofix applied (see evidence)

Financial dynamics

Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueM USDOperating profitM USDD&AM USDEBITDAM USDNet profitM USDOperating CFM USDCapex + M&AM USDAssetsM USDEquityM USDROE (annualized)Net debtM USDSource
2025-12-31H2 2025 (6M)OK99.4
y/y -11.4%
12.1
y/y -50.9%
23.6
y/y 10.9%
35.8
y/y -22.3%
-14.6
y/y -13.3%
-72.6-243.9275.5
y/y -10.4%
56.1
y/y -45.0%
-60.1%13118.9Report (PDF)
2025-06-30H1 2025 (6M)OK75.3
y/y -14.8%
-8.5
y/y -142.0%
22.7
y/y 22.7%
14.2
y/y -63.5%
-26.5
y/y -165.0%
31.5-3431.2304.5
y/y -7.8%
80.8
y/y -31.3%
-58.0%11417.9Report (PDF)
2024-12-31H2 2024 (6M)OK112.3
y/y 539.7%
24.7
y/y 338.5%
21.3
y/y 415.0%
46.0
y/y 840.8%
-12.9
y/y 19.9%
-51.9-866.5307.4
y/y 20.9%
102.1
y/y -59.9%
25.4%10089.2Report (PDF)
2024-06-30H1 2024 (6M)OK88.4
y/y -33.5%
20.3
y/y -57.6%
18.5
y/y -11.3%
38.8
y/y -43.6%
40.8
y/y -5.9%
79.8-4024.5330.2
y/y 18.5%
117.6
y/y 3.6%
43.8%7143.4Report (PDF)
2023-12-31H2 2023 (6M)OK17.5
y/y —
-10.3
y/y —
4.1
y/y —
-6.2
y/y —
-16.1
y/y —
-33.4-2996.1254.3
y/y —
254.3
y/y —
14.8%8340.3Report (PDF)
2023-06-30H1 2023 (6M)OK133.0
y/y —
48.0
y/y —
20.9
y/y —
68.9
y/y —
43.3
y/y —
60.6-3366.8278.6
y/y —
113.5
y/y —
—2737.6Report (PDF)
Data quality No obvious scale, balance-sheet, or cash-flow sanity issues in the displayed periods.

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

-500501001502023 H12023 H22024 H12024 H22025 H12025 H2

Year-over-year change

-80%-60%-40%-20%0%2023 H12023 H22024 H12024 H22025 H12025 H2

Cash flow

FCF ($ mln)

-60-40-2002023 H12023 H22024 H12024 H22025 H12025 H2

Net debt / cash ($ mln)

05 00010 00015 0002023 H12023 FY2024 H12024 FY2025 H12025 FY

Dividend potential

Dividends suspended (~1.5 yr without a payout)

The company has not paid a dividend for over 18 months — profit is going to capex or deleveraging (e.g. Nornickel, NLMK, RusHydro, FSK). The forecast payout is zeroed until distributions resume; profit and cash flow may still be healthy.

1 · Forecast dividend (per policy)
Smoothed net profit (median YTD-ann./LTM/FY)-3 bn RUB
Payout ratio24%
Free cash flow (FY, OCF − capex) — caps payout-7 bn RUB
Recent actual dividend (3-yr median)2.11 ₽
= Forecast dividend per share0.00 ₽
2 · Fair yield (spread to key rate)
CBR key rate14.5%
Historical yield spread to rate (3-yr median)-14.3 pp
= Fair dividend yield7.0%
3 · Valuation → upside
Current price68.00 ₽
Forecast dividend yield—
Fair price (dividend-based)0 ₽

Forecast, not investment advice. Earnings annualization and policy assumptions are estimates.

Fundamental value creation

Value the company creates per year, as a % of market cap

Value created per year: ≤-300.0%

How this was calculated
1. EBITDA growth (latest quarter YoY, annualised)
[EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X (2025-12-31 vs 2024-12-31)
= (36 − 46) × 1.40
-14
2. Current EV/EBITDA (LTM)
(Market cap + Net debt) ÷ EBITDA (LTM)
= (106 + 13 119) ÷ 50
30.0x — capped at 30x
3. Target multiple
(Current EV/EBITDA + 6.5) ÷ 2
= (30.0 + 6.5) ÷ 2
18.2x
4. Cash flow (balance method, LTM)
Net-debt reduction + dividends + buybacks − equity issuance
= -3 030 + 0 + 0 − 0
-3 030
5. Value created per year
(EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap
= (-14 × 18.2 + -3 030) ÷ 106
≤-300.0%

Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.

Caveats:

Dividends

No dividend rows found for this issuer.

Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)