Cian PLC operates an online real estate classifieds platform in Russia. Its real estate platform connects millions of users, the real estate buyers, and renters to millions of real estate listings of various types, such as residential and commercial, primary and secondary, and urban and suburban for sale and rent. The company was formerly known as Solaredge Holdings Limited. The company was founded in 2001 and is based in Larnaca, Cyprus.
IPO Year: 2021
Exchange: NYSE
Website: cian.ru
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/30/2021 | $17.50 | Neutral | BofA Securities |
11/30/2021 | $21.00 | Buy | VTB Capital |
11/30/2021 | $15.00 | Equal-Weight | Morgan Stanley |
11/30/2021 | $16.89 | Neutral | JP Morgan |
11/30/2021 | $25.80 | Buy | Goldman Sachs |
BofA Securities initiated coverage of Cian PLC with a rating of Neutral and set a new price target of $17.50
VTB Capital initiated coverage of Cian with a rating of Buy and set a new price target of $21.00
Morgan Stanley initiated coverage of Cian with a rating of Equal-Weight and set a new price target of $15.00
JP Morgan initiated coverage of Cian with a rating of Neutral and set a new price target of $16.90
Goldman Sachs initiated coverage of Cian with a rating of Buy and set a new price target of $25.80
Cian PLC (NYSE:CIAN, MOEX: CIAN))) ("Cian", the "Group" or the "Company"), a leading online real estate classifieds platform in Russia, announces the results of 2022 Annual General Meeting (the "AGM") held on September 30, 2022. As reflected in the voting results below, all the agenda items proposed for consideration were approved by a majority of the votes cast by shareholders of the Company personally present or represented by proxy at the meeting. Regarding approval of the Annual Report and Financial Statements for the year ended 31 December 2021 as well as Consolidated Financial Statements as of December 31, 2021 and for the year ended December 31, 2021 and Management report (Item No.
Cian PLC (NYSE:CIAN, MOEX: CIAN))) ("Cian", the "Group" or the "Company"), a leading online real estate classifieds platform in Russia, calls for the 2022 Annual General Meeting (the "AGM") to be held on September 30, 2022, at 9.00 a.m. (Cyprus time) at 9 Kafkasou Street, Treppides Tower, 4th floor, 401, Nicosia, Cyprus. At the AGM, the following items will be submitted for shareholders' approval: adoption of the Company's audited standalone and consolidated financial statements for the 2021 financial year; appointment of the Company's Auditor and fixing Auditor's remuneration; setting the number of Directors and election of Directors; approval of Directors remuneration. All shar
Cian PLC (MOEX: CIAN) ("Cian", the "Group" or the "Company") (NYSE:CIAN), (MOEX: CIAN), a leading online real estate classifieds platform in Russia, today announced its financial results for the second quarter and six months ended June 30, 2023. Second Quarter 2023 Key Financial and Operational Highlights1 Revenue increased by 40% Y-o-Y to RUB 2,661 million ($30.6 million). Profit for the period amounted to RUB 404 million ($4.6 million). Adjusted EBITDA2 increased by 23% Y-o-Y and reached RUB 590 million ($6.8 million). Adjusted EBITDA Margin2 decreased by 3.0 pp Y-o-Y to 22.2%. Core Business revenue increased by 42% Y-o-Y to RUB 2,528 million ($29.0 million). Six Month
Cian PLC (NYSE:CIAN, MOEX: CIAN))) ("Cian" or the "Company"), a leading online real estate classifieds platform in Russia, today announced that, following its review of the determination of the staff of the New York Stock Exchange Regulation (the "Staff") to delist the Company's American depositary shares, each representing one ordinary share of the Company (the "ADSs"), from New York Stock Exchange (the "NYSE"), a Committee of the Board of Directors of the New York Stock Exchange (the "NYSE Committee") has reached a final decision to uphold the delisting determination (the "Final Delisting Decision"). The Company was notified of the Final Delisting Decision on July 21, 2023. On that same d
Cian PLC (NYSE:CIAN, MOEX: CIAN))) ("Cian", the "Group" or the "Company"), a leading online real estate classifieds platform in Russia, today announced its financial results for the first quarter ended March 31, 2023. First Quarter 2023 Key Financial and Operational Highlights1 Revenue increased by 39% Y-o-Y to RUB 2,402 million ($31.2 million). Profit for the period amounted to RUB 211 million ($2.7 million). Adjusted EBITDA2 increased by 530% Y-o-Y and reached RUB 353 million ($4.6 million). Adjusted EBITDA Margin2 increased by 11.5 pp Y-o-Y to 14.7%. Core Business revenue increased by 42% Y-o-Y to RUB 2,298 million ($29.8 million). Dmitriy Grigoriev, Chief Executive O
Cian PLC (NYSE:CIAN, MOEX: CIAN))) ("Cian", the "Group" or the "Company"), a leading online real estate classifieds platform in Russia, today announced that it entered into a new agreement for the acquisition of SmartDeal. A subsidiary of the Group, iRealtor LLC, entered into a new binding preliminary agreement for acquisition of 100% in SmartDeal (Praktika Uspekha LLC), a company which provides e-registration and adjacent services for various types of property deals. Completion of the acquisition is subject to customary closing conditions and, among other things, regulatory clearance by the Government Commission of the Ministry of Finance of the Russian Federation. As the necessary gover
Cian PLC (NYSE:CIAN, MOEX: CIAN))) ("Cian", the "Group" or the "Company"), a leading online real estate classifieds platform in Russia, today announced its financial results for the fourth quarter and twelve months ended December 31, 2022. Fourth Quarter 2022 Key Financial and Operational Highlights1 Revenue increased by 35% Y-o-Y to RUB 2,394 million ($34.0 million). Profit for the period amounted to RUB 489 million ($7.0 million). Adjusted EBITDA2 increased by 405% Y-o-Y and reached RUB 586 million ($8.3 million). Adjusted EBITDA Margin2 increased by 18 pp Y-o-Y to 24.5%. Core Business revenue increased by 43% Y-o-Y to RUB 2,296 million ($32.6 million). Full Year 2022 Key Fin
Cian PLC (NYSE:CIAN, MOEX: CIAN))) ("Cian" or the "Company"), a leading online real estate classifieds platform in Russia, announces that, on March 28, 2023, the Company submitted a written request for a review by a Committee of the Board of Directors of the New York Stock Exchange (the "NYSE Committee") of the determination of the staff of the New York Stock Exchange Regulation (the "Staff") to delist the Company's American depositary shares, each representing one ordinary share of the Company (the "ADSs"), from New York Stock Exchange (the "NYSE"). As previously announced, the Company received a written notice of such determination by the Staff on March 15, 2023. Pursuant to Section 804.
Cian PLC (NYSE:CIAN, MOEX: CIAN))) ("Cian" or the "Company"), a leading online real estate classifieds platform in Russia, announces that on March 15, 2023, the Company received a written notice (the "Delisting Notice") from the staff of the New York Stock Exchange Regulation (the "Staff") notifying the Company that it has determined to delist the Company's American depositary shares, each representing one ordinary share of the Company (the "ADSs"), from New York Stock Exchange (the "NYSE"). NYSE Regulation reached its decision to delist the Company's ADSs pursuant to Section 802.01D of the NYSE's Listed Company Manual, pursuant to which the NYSE "can make an appraisal of, and determine on
Cian PLC (NYSE:CIAN, MOEX: CIAN))) ("Cian", the "Group" or the "Company"), a leading online real estate classifieds platform in Russia, today announced its financial results for the third quarter and nine months ended September 30, 2022. Third Quarter 2022 Key Financial and Operational Highlights1 Revenue increased by 44% Y-o-Y to RUB 2,241 million ($39.0 million). Profit for the period amounted to RUB 380 million ($6.6 million). Adjusted EBITDA2 increased by 264% Y-o-Y and reached RUB 549 million ($9.6 million). Adjusted EBITDA Margin2 increased by 15 ppt Y-o-Y to 24.5%. Core Business revenue increased by 46% Y-o-Y to RUB 2,151 million ($37.5 million). Nine Months 2022 Key Fin
Cian PLC (NYSE:CIAN, MOEX: CIAN))) ("Cian", the "Group" or the "Company"), a leading online real estate classifieds platform in Russia, announces the results of 2022 Annual General Meeting (the "AGM") held on September 30, 2022. As reflected in the voting results below, all the agenda items proposed for consideration were approved by a majority of the votes cast by shareholders of the Company personally present or represented by proxy at the meeting. Regarding approval of the Annual Report and Financial Statements for the year ended 31 December 2021 as well as Consolidated Financial Statements as of December 31, 2021 and for the year ended December 31, 2021 and Management report (Item No.
Cian PLC (NYSE:CIAN, MOEX: CIAN))) ("Cian", the "Group" or the "Company"), a leading online real estate classifieds platform in Russia, calls for the 2022 Annual General Meeting (the "AGM") to be held on September 30, 2022, at 9.00 a.m. (Cyprus time) at 9 Kafkasou Street, Treppides Tower, 4th floor, 401, Nicosia, Cyprus. At the AGM, the following items will be submitted for shareholders' approval: adoption of the Company's audited standalone and consolidated financial statements for the 2021 financial year; appointment of the Company's Auditor and fixing Auditor's remuneration; setting the number of Directors and election of Directors; approval of Directors remuneration. All shar
6-K - Cian PLC (0001867752) (Filer)
6-K - Cian PLC (0001867752) (Filer)
6-K - Cian PLC (0001867752) (Filer)
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6-K - Cian PLC (0001867752) (Filer)
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6-K - Cian PLC (0001867752) (Filer)
6-K - Cian PLC (0001867752) (Filer)
6-K - Cian PLC (0001867752) (Filer)
25-NSE - Cian PLC (0001867752) (Subject)
Cian PLC (MOEX: CIAN) ("Cian", the "Group" or the "Company") (NYSE:CIAN), (MOEX: CIAN), a leading online real estate classifieds platform in Russia, today announced its financial results for the second quarter and six months ended June 30, 2023. Second Quarter 2023 Key Financial and Operational Highlights1 Revenue increased by 40% Y-o-Y to RUB 2,661 million ($30.6 million). Profit for the period amounted to RUB 404 million ($4.6 million). Adjusted EBITDA2 increased by 23% Y-o-Y and reached RUB 590 million ($6.8 million). Adjusted EBITDA Margin2 decreased by 3.0 pp Y-o-Y to 22.2%. Core Business revenue increased by 42% Y-o-Y to RUB 2,528 million ($29.0 million). Six Month
Cian PLC (NYSE:CIAN, MOEX: CIAN))) ("Cian", the "Group" or the "Company"), a leading online real estate classifieds platform in Russia, today announced its financial results for the first quarter ended March 31, 2023. First Quarter 2023 Key Financial and Operational Highlights1 Revenue increased by 39% Y-o-Y to RUB 2,402 million ($31.2 million). Profit for the period amounted to RUB 211 million ($2.7 million). Adjusted EBITDA2 increased by 530% Y-o-Y and reached RUB 353 million ($4.6 million). Adjusted EBITDA Margin2 increased by 11.5 pp Y-o-Y to 14.7%. Core Business revenue increased by 42% Y-o-Y to RUB 2,298 million ($29.8 million). Dmitriy Grigoriev, Chief Executive O
Cian PLC (NYSE:CIAN, MOEX: CIAN))) ("Cian", the "Group" or the "Company"), a leading online real estate classifieds platform in Russia, today announced its financial results for the fourth quarter and twelve months ended December 31, 2022. Fourth Quarter 2022 Key Financial and Operational Highlights1 Revenue increased by 35% Y-o-Y to RUB 2,394 million ($34.0 million). Profit for the period amounted to RUB 489 million ($7.0 million). Adjusted EBITDA2 increased by 405% Y-o-Y and reached RUB 586 million ($8.3 million). Adjusted EBITDA Margin2 increased by 18 pp Y-o-Y to 24.5%. Core Business revenue increased by 43% Y-o-Y to RUB 2,296 million ($32.6 million). Full Year 2022 Key Fin
Cian PLC (NYSE:CIAN, MOEX: CIAN))) ("Cian", the "Group" or the "Company"), a leading online real estate classifieds platform in Russia, today announced its financial results for the third quarter and nine months ended September 30, 2022. Third Quarter 2022 Key Financial and Operational Highlights1 Revenue increased by 44% Y-o-Y to RUB 2,241 million ($39.0 million). Profit for the period amounted to RUB 380 million ($6.6 million). Adjusted EBITDA2 increased by 264% Y-o-Y and reached RUB 549 million ($9.6 million). Adjusted EBITDA Margin2 increased by 15 ppt Y-o-Y to 24.5%. Core Business revenue increased by 46% Y-o-Y to RUB 2,151 million ($37.5 million). Nine Months 2022 Key Fin
Cian PLC (NYSE:CIAN, MOEX: CIAN))) ("Cian", the "Group" or the "Company"), a leading online real estate classifieds platform in Russia, today announced its financial results for the second quarter and six months ended June 30, 2022. Second Quarter 2022 Key Financial and Operational Highlights1 Revenue increased by 31% Y-o-Y to RUB 1,905 million ($37.2 million). Loss for the period amounted to RUB 433 million ($8.5 million) due to foreign currency exchange loss described in the corresponding section below. Adjusted EBITDA2 increased by 303% Y-o-Y and reached RUB 480 million ($9.4 million). Adjusted EBITDA Margin2 increased by 17 ppt Y-o-Y to 25.2%. Average UMV (Unique Monthly Visi
Cian PLC (NYSE:CIAN, MOEX: CIAN))) ("Cian", the "Group" or the "Company"), a leading online real estate classifieds platform in Russia, today announced its financial results for the first quarter ended March 31, 2022. First Quarter 2022 Key Financial and Operational Highlights1 Revenue increased by 38% Y-o-Y to RUB 1,726 million ($20.5 million). Profit for the period amounted to RUB 44 million ($0.5 million). Adjusted EBITDA2 turned positive and reached RUB 56 million ($0.7 million). Adjusted EBITDA Margin2 amounted to 3.2%. Average UMV (Unique Monthly Visitors)3 decreased by 10% Y-o-Y to 19.2 million. Core Business revenue increased by 36% Y-o-Y to RUB 1,622 million ($19.3 mil
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 fourth quarter and full-year ended December 31, 2021. Fourth Quarter 2021 Key Financial and Operational Highlights1 Revenue increased by 42% Y-o-Y to RUB 1,772 million ($23.9 million). Loss for the period widened to RUB 888 million ($12.0 million) Y-o-Y. Adjusted EBITDA2 decreased by 22% Y-o-Y to RUB 116 million ($1.6 million). Adjusted EBITDA Margin2 was down by 5.3 ppt Y-o-Y to 6.5%. Average UMV (Unique Monthly Visitors)3 increased by 5% Y-o-Y to 18.5 million. Core Business revenue increased by 36% Y-o-Y to RU
Cian PLC (NYSE:CIAN, MOEX: CIAN))) ("Cian" or the "Company"), a leading online real estate classifieds platform in Russia, announced today that it will host a conference call and webcast on Wednesday, November 24, 2021 at 8:30 a.m. ET (4.30 p.m. Moscow) to review the third quarter 2021 financial results. A press release with the third quarter 2021 financial results will be issued before the market opens on Wednesday, November 24, 2021. To participate in the conference call, please use the following details: Russia dial-in (local): +7 495 2839 705 United Kingdom (Local): 020 3936 2999 United States (Local): 1 646 664 1960 All other locations: +44 20 3936 2999 Access code: 642784 We recom
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Cian (NYSE:CIAN) reported $39.00 million in sales this quarter.
The Russian economy has been hit hard by global sanctions after the country’s hostile actions began in Ukraine. Among the many casualties of these sanctions is the Moscow Stock Exchange, which suffered a drop of almost 40% since the invasion. For U.S. investors, Russian stocks are now out of reach. Several bans are in place which forbid Americans from trading Russian securities. Other measures have locked up the few Russian companies listed in U.S. exchanges. Here’s everything to know about trading Russian stocks in the U.S. Trading Russian Companies Listed In The U.S. On Feb. 28, four days after Russian forces invaded Ukraine, both the Nasdaq and NYSE announced a temporary halt on trad
Cian (NYSE:CIAN) reported $20.50 million in sales this quarter.
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