|
Net profit of "Yandex" on US GAAP Q3 2011 increased by 93% - to $ 53.5 million |
| Print | |
Net profit of "Yandex" on US GAAP Q3 2011 amounted to 1.7 billion rubles (53.5 million U.S. dollars) and increased by 93% compared with that for the third quarter of 2010. Adjusted Net Income (Adjusted net income2) amounted to 1.5 billion rubles (45.8 million U.S. dollars), up 49% compared with the figures for the third quarter of last year. The growth of this indicator is less than the growth in net profit due to the adjustment for exchange rate gains of 383 million rubles. Consolidated revenues increased compared with that of the same period last year by 65% ??- up to 5.2 billion rubles ($ 161.9 million U.S. dollars). Revenue net of interest partners (Ex-TAC ??revenues2) grew by 59% compared with that for the third quarter of last year. Operating profit was 1.8 billion rubles (55.9 million U.S. dollars), up by 52% compared with that for the third quarter of last year. Adjusted EBITDA (Adjusted EBITDA2) amounted to 2.3 billion rubles (73.3 million U.S. dollars) and increased by 54% compared with that for the third quarter of last year. The operating profit margin was 34.5%. The ratio (profitability) Adjusted EBITDA margin - 45.3%. The ratio (profitability) Adjusted EBITDA to net interest revenue partners - 53.8%. Net profit margin was 33.0%. The ratio (profitability) Adjusted net income to revenue was 28.3%. The ratio (profitability) Adjusted net income to net interest revenue partners was 33.6%. The company's share in the Russian search market in the third quarter of 2011 averaged 62.7% (according to LiveInternet). Number of hits on the search (SERPs) increased compared with that of the third quarter of 2010 to 42%. The number of advertisers has exceeded 158 000, which is 48% higher than in the third quarter of last year, and 10% more than in the second quarter of 2011. Significantly improved performance due to the monetization of content more accessible. There are new experimental formats of media advertising: ads targeted at socio-demographic characteristics (technology Crypta). Was launched on the search engine and other services in Turkey - the first time outside the CIS. $ 15 million invested in the American search engine blekko.
|
