Yanex Reports Q4 Results

February 23, 2021
Share this Post: 

It’s that time of the year where companies across the globe are reporting on their Q4 FY20. One such is Russia horizontal, Yandex N.V., the parent company of Auto.ru, Yandex.Realty and Yandex.Jobs, which saw a revenue uptick of 7%. The company also reported that its adjusted earnings for the same period are $0.23 per share, while Zacks Consensus Estimate was projected at a loss of $0.04 per share. In fact, the figure dropped 14.8% and 8%, year-over-year. 

Highlights of the report include:

  • Total online advertising revenues were RUB 38.4 billion (54% of total revenues), reflecting a growth of 12% year-over-year.
  • The segment generated RUB 37.1 billion revenues (51.8% of total revenues), up 8% year-over-year.
  • The adjusted net income margin was 8.8% (160 bps year-over-year).
  • Operating margin came in at 6.1% (340 bps year-over-year).
  • The adjusted EBITDA margin was 19.6% (600 bps year-over-year).
  • Operating expenses (as a percentage of revenues) were 93.9% (340 bps year-over-year).
  • Total traffic acquisition costs amounted to RUB 5.9 billion, down 9% year-over-year (430 bps year-over-year).

Other company financial reports compared to Yandex put the Russian horizontal in the middle. Scout24 reported revenue growth of 1.2%, and Adevinta’s Q4 results show its revenue is down 2%. Japanese company Lifull has already reported its Q1 results, saying its revenue is down 10%.

February 23, 2021
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Shutterstock 569669149
MLS Backed U.S. Portal Nestfully Adds Key Florida Partnerships

The U.S. real estate portal Nestfully has added listings from two of Florida's largest MLSs, BeachesMLS and Miami Realtors SEFMLS....

Read More
Shutterstock 83040667
Mexican Portal Propiedades.com Releases Products to Help Agents Digitize More Inventory

The Mexican real estate portal Propiedades.com has released a suite of products to encourage more agents and sellers to list...

Read More
Product Roundup: OneDome, Realestate.co.nz, OnTheMarket, Otodom, Xinyi, SeLoger

It has been quite some time since we shared a set of product launches from around the industry. From improved...

Read More
Prosus Boardroom
Prosus Hires Interim CEO 24Hrs After Incumbent Resigns

On Monday, Naspers and its international unit Prosus announced the sudden resignation of CEO Bob van Dijk, who left his...

Read More

Editor's Pick