Astra's RAS net profit for 2024 amounted to ₽3.9 billion, compared with a loss of ₽0.09 billion in the previous year. Revenues increased 24-fold to ₽4 billion against ₽0.164 billion a year earlier.

Astra Group management plans to propose to the board of directors to consider launching a share buyback program in the second quarter. Management believes that the current market capitalization does not reflect the real value of the business, which makes such a step economically feasible.

Astra's IFRS net profit for 2024 amounted to ₽6.04 billion, up 65.9% from ₽3.64 billion in the previous year. Revenue rose 80.4% to ₽17.21 billion versus ₽9.54 billion a year earlier.

Astra, IVA Technologies and Aquarius have joined forces to eliminate the compatibility problems that previously hindered the introduction of domestic technologies in government agencies and CII companies. Products of the companies fully cover customers' needs in hardware, infrastructure and application software that is compatible with each other and complian...