Arenadata Group's net profit on management accounts for 9 months of 2024 was ₽733 million compared to a loss of ₽77 million in the previous year. Revenue increased 2.1 times to ₽3.55 billion against ₽1.66 billion a year earlier.

Arenadata and Astra Group join forces to create joint solutions for Russian clients. Partnership opens new opportunities for the development of both companies and helps to strengthen leadership in the Russian IT solutions market.

Bank of Russia registered additional issues of ordinary shares of Arenadata for conversion of preferred shares into them. Company uses preferred shares for the employee incentive program, under which 2.35% of the target capital can be converted from preferred shares to common shares after January 1, 2026 at a ratio of 1 to 1. Another 11.65% of the capital is...

Arenadata has set the IPO offering price at ₽95 per share, which corresponds to the upper end of its price range and a capitalization of ₽19 billion. Trading in the shares will begin today under the ticker DATA.