Cian PLC (CIAN) Reports Q3 Net Loss of $3.1M
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Cian PLC Announces Third Quarter 2021 Financial Results
November 24, 2021 6:30 AM ESTLARNACA, Cyprus--(BUSINESS WIRE)-- Cian PLC (NYSE: CIAN, MOEX: CIAN) (Cian or the Company), a leading online real estate classifieds platform in Russia, today announced its financial results for the third quarter ended September 30, 2021.
Third Quarter 2021 Key Financial and Operational Highlights1
Revenue increased by 44% Y-o-Y to RUB 1 557 million ($21.4 million). Adjusted EBITDA2 increased by 78% Y-o-Y to RUB 151 million ($2.1 million). Adjusted EBITDA Margin2 improved by 1.8 ppt Y-o-Y and reached 9.7%. Net loss for the period widened by 25% Y-o-Y to RUB 299 million ($4.1 million). Average UMV (Unique Monthly Visitors)3 increased by 4%... More