Article
Legislation amendments

August 25, 2021 came in force the Federal Law No. 143-FZ dated 26.05.2021. We reported about the enactment in our notice dated 24.06.2021.

This Law amended the Federal Law "On State Registration of Legal Entities and Individual Entrepreneurs" and the Article 80 of the Fundamental Principles of Legislation of the Russian Federation on the Notaries.

According to the new rules the notaries who certified the authenticity of signatures on applications for state registration of legal entities or individual entrepreneurs are required to send independently on the same day the necessary information to the registration authorities in electronic form with a strengthened qualified signature.

Moreover location of the applicants or availability of a personal strengthened qualified signature does not matter.

These rules do not apply to certain types of legal entities whose registration requires special procedure by legislation.

The users of the Information and Analytical system Globas have access to the full, relevant and up-to-date information about more than 7 thousand notaries and notary chambers (including inactive).

Ranking
ТОP-10 of betting companies

Significant tax deductions aimed at the development of domestic sport are directed from the bookmakers to the budget. However, in 2020 the average return on costs of the TOP 10 bookmakers shows a decrease in income per ruble spent. At the same time, revenue and net profit demonstrated the growth.

Information agency Credinform has prepared a ranking of the betting companies. The largest enterprises (TOP-10) in terms of annual revenue were selected according to the data from the Statistical Register and the Federal Tax Service for the available periods (2018-2020). Then the companies were ranged by return on costs ratio (Table 1). The selection and analysis were based on the data from the Information and Analytical system Globas.

Our article dated 11.09.2019 will help to compare the current and 2018 results.

Return on costs (%) is the share of earnings before tax and the sum of production and sales costs. The ratio shows the income per ruble spent.

For the most full and fair opinion about the company’s financial position, the whole set of financial indicators and ratios of the company should be taken into account.

Table 1. Net profit, revenue, return on costs, solvency index Globas of the betting companies (ТОP-10)
Name, INN, region Revenue, million RUB Net profit (loss), million RUB Return on costs, % Solvency index Globas
2019 2020 2019 2020 2019 2020
1 2 3 4 5 6 7 8
LLC F.O.N.
INN 9715010229 Moscow
up38 064 up52 188 up19 396 up23 298 up52,33 down47,25 156 Superior
LLC RUS-TELETOT
INN 7714156454 Moscow
up467 down459 up9 up66 down16,28 up28,28 176 High
LLC FIRMA STOM
INN 7705005321 Moscow
down20 154 down19 328 up480 up1 195 up5,68 up10,94 163 Superior
LLC PYATIGORSKII IPPODROM
INN 7705252264 Stavropol region
up560 down182 up50 down-21 down13,16 down6,91 241 Strong
LLC BK MARAFON
INN 7701180668 Moscow
up2 671 up4 062 up41 up177 up2,54 up5,49 165 Superior
LLC FORTUNA
INN 6164205110 Rostov region
down15 813 down14 603 up859 down123 up7,97 down4,90 212 Strong
JSC SPORTBET
INN 7710310850 Moscow
up4 986 down2 244 down-126 down-189 down-0,08 up0,20 281 Medium
LLC 23BET.RU
INN 5018092611 Moscow
down983 down911 up-63 up19 down-2,78 up-0,58 243 Strong
LLC ATLANTIK-M
INN 7709424267 Moscow
down9 up86 down6 down-28 up29,42 down-44,09 298 Medium
LLC KINOMANIYA
INN 5836674770 Penza region
down4 down2 up0 down-3 up-6,80 down-156,29 390 Weak
Average value for TOP-10 companies up8 371 up9 407 up2 065 up2 464 up11,77 down-9,70  
Average industry value up1 580 up1 786 up223 up232 up18,25 down16,46

вверх growth of indicator in comparison with prior period, вниз decline of indicator in comparison with prior period

In 2020, the average values of return on costs for TOP-10 companies are negative and lower than the industry average values. In 2020, five companies demonstrated the decline in indicators, in 2019 there were four companies like this.

At the same time, three companies showed the increase in revenue and five companies demonstrated the increase in net profit in 2020.

The TOP-10 average revenue increased by 12%, the industry average value increased by 13%.

The TOP-10 average profit increased by 19%, the industry average value - by 4%.

In general, during the last 5 years, the growth of average industry indicators of return on costs ratio was observed 3 times. The ratio reached its highest values in 2019, and the worst result is shown in 2016 (Picture 1).

Picture 1. Change in average industry values of return on costs of the betting companies in 2016 – 2020 Picture 1. Change in average industry values of return on costs of the betting companies in 2016 – 2020