TOP-10 software developers in Russia by net profit ratio
Information agency Credinform represents a ranking of the largest Russian software developers. Software developers and companies rendering consultancy services in this business area (TOP-10) with the largest annual revenue were selected for the ranking, according to the latest accounting periods in the Statistical Register (2017 – 2019). Then they were ranked by the net profit ratio (Table 1). The analysis was based on the data from the Information and Analytical system Globas.
There is no standard value for this ratio. It is recommended to compare companies of the same industry, or change in the ratio of the specific company. Negative value of the ratio is indicative of the net loss, and the high one means the efficiency of the company.
For the most complete and objective view of the financial condition of the enterprise, it is necessary to pay attention to the complex of indicators and financial ratios of the company.
|Name, INN, region||Revenue, million RUB||Net profit (loss), million RUB||Net profit ratio, %||Solvency index Globas|
|V KONTAKTE LTD
INN 7842349892 Saint Petersburg
|19 309,1||22 629,2||7 059,3||8 177,0||36,56||36,13||189 High|
|MFI SOFT LIMITED
INN 5260146265 Nizhnii Novgorod region
|9 524,2||16 387,2||2 024,7||4 595,7||21,26||28,04||171 Superior|
INN 7713556058 Moscow
|15 955,5||17 887,6||1 911,1||4 542,0||11,98||25,39||178 High|
INN 7736207543 Moscow
|104 828,1||123 748,2||28 241,3||26 516,1||26,94||21,43||170 Superior|
|EPAM SYSTEMS LTD
INN 7719232155 Moscow
|11 690,1||14 629,4||2 037,2||1 468,2||17,43||10,04||193 High|
INN 7713606622 Moscow
|10 336,1||12 145,8||948,1||1 138,6||9,17||9,37||227 Strong|
INN 6663003127 Sverdlovsk region
|12 776,0||14 099,4||794,8||796,8||6,22||5,65||173 Superior|
|INFORMATION AND TECHNOLOGY SERVICE COMPANY
INN 7728654530 Saint Petersburg
|8 527,0||11 940,0||144,8||465,2||1,70||3,90||269 Medium|
INN 7707507077 Moscow
|13 805,7||14 872,4||268,8||320,2||1,95||2,15||189 High|
|LIMITED LIABILITY COMPANY SAP CIS
INN 7705058323 Moscow
|35 188,7||35 575,6||540,8||-1 480,6||1,54||-4,16||265 Medium|
|Average value for TOP-10||24 194,1||28 391,5||4 397,1||4 653,9||13,47||13,79|
|Industry average value||44,8||56,9||5,7||5,0||12,69||8,36|
improvement compared to prior period, decline compared to prior period
Average value of debt-to-assets ratio of TOP-10 companies is above the average industry one. Five companies improved the standard value in 2019.
During the decade, average industry values of net profit ratio had a tendency to decrease. (Picture 2).