Information agency Credinform has prepared a review of activity trends of the largest Russian gambling organizations.
The largest companies (ТОP-100) engaged in conducting of lotteries, gambling establishments, bookmakers and betting houses in terms of annual revenue were selected according to the data from the Statistical Register for the latest available periods (2013 - 2018). The analysis was based on data of the Information and Analytical system Globas.
The largest company in terms of net assets is LLC MELOFON, INN 2540179758, Moscow. In 2018 net assets of the company amounted to 5,9 billion RUB.
The smallest size of net assets in ТОP-100 had JSC LOTTERIES OF MOSCOW, INN 7715215381, Moscow. The lack of property of the company in 2018 was expressed in negative terms -213 million RUB.
For the last ten years, the average values of net assets showed the growing tendency (Picture 1).
For the last five years, the share of ТОP-100 enterprises with lack of property showed the decreasing tendency (Picture 2).
In 2018, the total revenue of 10 largest companies amounted to more than 94% from ТОP-100 total revenue. (Picture 3).This fact testifies the high level of monopolization within the industry.
In general, the growing trend in sales revenue is observed (Picture 4).
Profit and loss
The largest company in terms of net profit is LLC F.O.N, INN 9715010229, Moscow. In 2018, the company’s profit amounted to 9,3 billion RUB.
For the last ten years, the average profit values showed the increasing tendency (Picture 5).
Over a five-year period, the average net profit values of ТОP-100 show the increasing tendency, along with this the average net loss is increasing too (Picture 6).
Main financial ratios
Since 2013 the average values of the current liquidity ratio are within the recommended values - from 1,0 to 2,0, with decreasing tendency (Picture 7).
For the last ten years, the growing tendency of ROI ratio is observed (Picture 8).
For the last ten years, this business activity ratio demonstrated the growing trend (Picture 9).
79% of ТОP-100 companies are registered in the Unified register of small and medium-sized enterprises of the Russian Federal Tax Service. Herein, their share in TOP-100 total revenue amounted to 3,2%, which is significantly lower than national average value (Picture 10).
Main regions of activity
ТОP-100 companies are registered in 43 regions and unequally located across the country. More than 82% of the largest enterprises in terms of revenue are located in Moscow (Picture 11).
Financial position score
An assessment of the financial position of TOP-100 companies shows that the largest part have the above average financial position (Picture 12).
Solvency index Globas
Most of TOP-100 companies got superior/high or strong/medium Solvency index Globas, this fact shows the ability of the companies to meet their obligations in time and fully (Picture 13).
According to the Federal Service of State Statistics, the share of enterprises in total revenue from sale of goods, products, works and services within country amounted to 0,061% in 2018 and 0,093% for 9 months of 2019, which is higher than the figure for the same period in 2018 (0,062%).
A complex assessment of the largest Russian gambling organizations, taking into account the main indexes, financial ratios and indicators, demonstrates the presence of positive trends (Table 1).
|Trends and assessment factors||Relative share, %|
|Growth/drawdown rate of average net assets value||10|
|Increase / decrease in the share of enterprises with negative net assets||10|
|The level of competition / monopolization||-10|
|Growth/drawdown rate of average revenue||10|
|Growth/drawdown rate of average net profit (loss)||10|
|Increase / decrease in average net profit||10|
|Increase / decrease in average net loss||-10|
|Increase / decrease in average values of current liquidity ratio||-5|
|Increase / decrease in average values of ROI ratio||10|
|Increase / decrease in average values of assets turnover ratio, times||10|
|Share of small and medium-sized businesses by revenue more than 20%||-10|
|Financial position (the largest share)||10|
|Dynamics of the share of the region's revenue in the total revenue of the Russian Federation||10|
|Solvency index Globas (the largest share)||10|
|Average value of factors||3,7|
favorable trend (factor), unfavorable trend (factor).
Information agency Credinform presents ranking of the largest Russian gambling and lottery companies. Enterprises with the largest volume of annual revenue (TOP-10) were selected for the analysis, according to the data from the Statistical Register for the latest available periods (for 2016-2018). Then they were ranked by decrease in return on equity ratio (Table 1). The analysis was made on the basis of the data of the Information and Analytical system Globas.
The higher the indicator is, the more effectively the company uses equity invested in the authorized fund. However, it shoud be taken into account that too high indicators exceeding average values in the economy or in the industry by several times, can demonstrate insignificant equity amount with relatively high amount of net profit.
For getting of the most comprehensive and fair picture of the financial standing of an enterprise it is necessary to pay attention to all combination of indicators and financial ratios.
|Name, INN, region||Revenue, billion RUB||Net profit (loss), billion RUB||Return on equity ratio, %||Solvency index Globas|
|JSC STATE SPORT LOTTERIES
INN 7728795958 Moscow
|JSC TK CENTER
INN 7715918994 Moscow
INN 9715010229 Moscow
|LLC NHU MANAGEMENT COMPANY
INN 7714707736 Moscow
INN 6164205110 Rostov region
|LLC FIRMA STOM
INN 7705005321 Moscow
INN 7729607406 Moscow
INN 7707760834 Moscow
|LLC G1 Entertainment
INN 2502041903 Maritime territory
|SUNTORIN COMPANY LIMITED
INN 4703069532 Saint Petersburg
|Average value for TOP-10 companies||11696,6||19164,1||505,5||1274,9||295769,41||42245,51|
|Average industrial value||374,2||632,8||10,7||40,0||17,13||61,34|
growth of indicator to the previous period, decrease of indicator to the previous period
Average value of the return on equity ratio of the TOP-10 group is higher than average industrial value. Six companies have improved their results in 2018.
Over a ten-year period average industrial values of the return on equity ratio had increasing tendency. (Picture 2).