Market Capitalization (Millions $) |
- |
Shares
Outstanding (Millions) |
71 |
Employees |
- |
Revenues (TTM) (Millions $) |
133 |
Net Income (TTM) (Millions $) |
8 |
Cash Flow (TTM) (Millions $) |
39 |
Capital Exp. (TTM) (Millions $) |
1 |
Cian Plc
The company is a leading online real estate classifieds platform in the growing Russian real estate classifieds market, ranked among the top fifteen most popular online real estate classifieds globally, based on the March 2022 Google Analytics traffic data for Cian and SimilarWeb traffic data for other online real estate classifieds. Since its founding in 2001, the company has become the most recognized and trusted real estate classifieds brand in the most populous Russian regions, expanding its business beyond online real estate classifieds listings to offer additional products and services, which turn real estate searches and transactions into a seamless, transparent, and efficient experience. The company's mission is to use technology and deep insights into the Russian real estate market to help people on the journey to their perfect new place to live or work.
The company operates in the Russian real estate market, which, according to the Frost & Sullivan Report, represented approximately USD 238 billion in 2020 and is only starting to digitalize. Being at the forefront of this digitalization trend and, as believed, being one of the major driving forces behind it, the company sees an extensive addressable market, which comprises real estate agents' commissions, developers' advertising budgets as well as adjacent markets, including mortgage advertising and digital services facilitating transactions.
The company's networked real estate platform connects millions of users, the real estate buyers and renters, to millions of high-quality real estate listings of all types ' residential and commercial, primary and secondary, urban and suburban, for both sale and rent. By offering a unique combination of products, services, and insights, the company has become a premier destination for its users as well as tens of thousands of its customers, real estate agents, developers, private sellers, landlords, and other partners. The platform aims to provide an end-to-end experience for customers and users and helps them address multiple pain points on their journey to a successful real estate transaction. The company derives revenue from its Core Business segment, Mortgage Marketplace segment, Valuation and Analytics segment, and End-to-End Offerings segment. Users can search the company's property listings free of charge via its mobile applications and its mobile and desktop websites. They can also benefit from a broad scope of various innovative services that the company offers, such as real estate valuation and access to a choice of real estate purchase financing options.
The company's networked platform model and trusted brand allow it to be the leading online real estate classified platform by share of leads to real estate agents and individual sellers and by the number of listings in four of the most populous Russian regions, consisting of Moscow and the Moscow region, St. Petersburg and the Leningrad region, Ekaterinburg and Novosibirsk. Together, these regions, according to the Frost & Sullivan Report, in 2020, accounted for 65%, 41%, and 75% of the primary residential, secondary residential, and commercial real estate markets in the country, respectively. In 2021, the company had approximately 2.0 million listings available through its platform (excluding N1) and an average UMV of approximately 19.5 million (including N1). In 2020, it had approximately 2.1 million listings available through its platform and an average UMV of approximately 16.5 million. The company believes that the quantity and quality of its listings database, as well as its expanding end-to-end offerings, allow it to serve its users better and grow its business in the Russian real estate market.
Company Address: 64 Agiou Georgiou Makri Larnaca 6037
Company Phone Number: 22 418 200 Stock Exchange / Ticker: NYSE CIAN
CIAN is expected to report next financial results on April 26, 2024. |
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