Lanit Financial Performance

2022: Revenue growth of the integrator "Lanit" by 21.7% to 11.9 billion rubles

At the end of 2022, the system integrator of Lanit JSC received revenue of 11.9 billion rubles. This is 21.7% more than the result for the previous year, which amounted to 9.8 billion rubles. Such data are reflected in the financial statements of the company, published at the end of April 2023.

Annual revenue of the Lanit integrator increased by 21.7%
Photo: Lanit Youtube Channel

According to Interfax, the bulk of Lanit's revenue was brought by services for the development, modernization, testing and support of software - they accounted for a total of 7.1 billion rubles. In general, the company received about 8.3 billion rubles from the provision of these and other services in the IT sector in 2022, while a year earlier the corresponding articles provided a total of 5.8 billion rubles. The integrator gained a little more than 3 billion rubles from the sale of IT equipment and software licenses. For comparison: at the end of 2021, this direction brought about 4 billion rubles.

It is noted that the cost of sales of the company in 2002 rose by 21% - to 10.5 billion rubles. At the same time, Lanit's commercial expenses decreased by 18%, amounting to 127 million rubles, while management costs decreased by 1.6%, reaching 935 million rubles. Other income not related to core activities increased by 738% compared to 2021, reaching 2.2 billion rubles. At the same time, other expenses rose by 366% - to 1.8 billion rubles.

Against the background of these changes, the system integrator in 2022 showed a multiple increase in net profit: it rose by 525% on an annualized basis, reaching 801 million rubles.

Lanit JSC is one of the oldest Russian IT companies. Its sole owner is Philip Gens, who is also the main owner of Lanit Holding, which has shares in 32 Russian IT companies. In 2022, these companies paid dividends in the amount of 6.5 billion rubles in favor of Lanit Holding, "Interfax said in its materials[1]%

2020: "Lanit" increased revenue by 25% in the pandemic year

The revenue of the Lanit group at the end of 2020 amounted to 216.81 billion rubles with VAT, the company told TAdviser in April 2021. This is 24.7% more than in 2019. And the number of Lanit personnel increased by almost 64%, to 14.1 thousand people.

Lanita President Philippe Gens told TAdviser that the beginning of 2020 for the entire IT industry and for their group, in particular, was difficult, since no one could predict how the pandemic would develop and how it would affect the market. But in the end, the year turned out pretty well for the IT-Business. Of course, the external situation played a significant role in this, Gens added.

At the same time, it is worth noting, firstly, the technological base developed over the years - it was she who made it possible to make a rapid leap, and secondly, the heroism of our employees, many of whom during the most stringent quarantine worked continuously not only remotely, but also at facilities, - says the president of Lanita.

Philippe Gens says the beginning of the year was tough, but in the end it turned out well for Lanit

In December, Philip Gens said that in 2020 the company had a lot of work related to the removal, updating of the IT infrastructure^[2]. And earlier, in October, he noted that if earlier during crises companies reduced IT costs, now "smart companies" do not do this: they understand that everything is changing, that they need to invest in the future. In this regard, many companies in 2020 increased IT costs. And this is not counting the cost of remote work^[3]

I am especially pleased that among the Lanit projects last year there were many problems focused on solving the most acute problems for all of us. Thus, experts participated in the development and testing of software that was required during quarantine. A number of clinics specialized in the treatment of COVID, starting with Kommunarka (KB No. 40), have introduced smart AR glasses to communicate doctors in the "red" and "green" zones. There were, of course, other very useful projects, and we got a lot of fun working on them. For example, we have created a service for business interaction with control bodies - a platform for resolving issues related to business inspections. It's nice to do really good things, and in this regard we can be proud of the past year, "Lanita President told TAdviser.

IDC in April gave a preliminary estimate of the growth of the Russian market in rubles by 14% for 2020. This is a higher dynamics than in 2019: then analysts estimated it at 8%. And in February, IDC noted that none of the integrators and large software suppliers surveyed by their company had a drop in revenue in 2020.

As for our plans for 2021, we have created a big reserve, but we do not yet understand whether it will be possible to fully implement it - this largely depends on the development of the situation with the pandemic and restrictive measures, - said Philip Gens.

In the ranking TAdviser100: The largest IT companies in Russia 2021 LANIT took 2nd place.

2018: Nearly 20% revenue growth

Revenue of Lanit Group in 2018 amounted to 164.241 billion rubles with VAT, an increase of 19.8%. TAdviser was told about this in the company in April 2019.

According to Lanit, according to the results of 2018, the integration direction increased by 17%, consulting by 26%, and distribution by 26%. Revenue from software development - the strategic direction of the group of companies - increased by 21% in 2018. Revenue from support and outsourcing services is growing steadily: in 2018, it increased by 8%, they say in Lanit.

As for the ratio of projects for business and the state, there is still a lot of the public sector, TAdviser was told in Lanit. The growth points are complex projects and infrastructure for them.

In the sectoral context, the banking sector, power and the public sector were the leaders in the total volume of Lanita projects in 2018. The company continues to cooperate with most of its previous clients in the framework of new projects. Among the new clients of 2018 are the Agency for Strategic Initiatives, RusHydro, Sheremetyevo Airport, Skyscanner.

"LANIT" retained the same revenue dynamics as a year earlier

Speaking about the largest projects of 2018, Lanit noted that their subsidiary Insystems"" acted as the general contractor for the creation of the largest DPC Russia in and one of the largest in - To Europe the data center in Sberbank. For the Skolkovo World Cup, the companies Lanit-Integration and Insystems created an engineering IT infrastructure and large sports arena, "Luzhniki" as well as temporary information and technical and telecommunication infrastructure at stadiums in Kaliningrad, Saransk,,, To Samara Nizhny Novgorod Rostov-on-Don Volgograd and. Yekaterinburg

Also, Lanit specialists ensured a large-scale migration of the RusHydro group from the Western ECM platform to the Russian LanDocs without stopping working with documents. One of the most difficult projects was implemented in the Republic of Sakha - this is equipping engineering systems of the Yakut GRES-2.

In addition, in 2018, the group's companies continued to work on projects for GIS housing and communal services, the Unified Information System in the field of procurement, and the Unified Information and Analytical System of the city of Moscow.

Regarding priority business areas for further development, Lanit notes that they are very closely monitoring technological trends and are trying to be present in all promising niches, often ahead of the market.

Now in a special focus of our attention - blockchain, big data, artificial intelligence, the Internet of Things, - they say in the company.

Recently, Lanit launched a separate direction for the development of projects in the blockchain sector - Digital Transformation Group. As part of it, Lanit, for example, is developing the Tracelabel platform for automating processes in the ecosystem of participants in the supply of elite wines commissioned by the Swiss company Vintage Wines. There are other active projects to automate the business processes of supply chains in order to increase the transparency of the passage of goods from manufacturer to consumer. Blockchain as a technology of "trust within the business ecosystem" in Lanit is called one of the key practices of 2019.

Datana was also created, which will digitalize industrial enterprises using Industry 4.0 technologies. Datana aims to increase the efficiency of industries in metallurgy, oil and gas and petrochemicals using artificial intelligence and data analysis.

In addition, in 2019, Onvi Service, a developer of systems for organizing a checkpoint, became part of the Lanit group. She develops a family of Pass24 products to improve the quality and speed of security posts using modern cloud technologies in combination with IoT and video recognition solutions.

2017: Revenue growth of 19.6%

In 2017, Lanit's revenue amounted to 137.073 billion rubles, the company told TAdviser. The growth compared to 2016 was 19.6%.

2016: System Integrator's Huge Loss

In 2016, the revenue of the Lanit group of companies amounted to 114.5 billion rubles, which allowed it to take third place in the ranking "TAdviser100: Largest IT companies in Russia 2017."

Revenue increased by 11.4% compared to 2015.

The main share of the group's income falls on distribution companies - Dihaus (39.2 billion), Landis (20.7 billion), Importtelecom (7.9 billion), Comptek (4.8 billion), LANIT Trading (3.9 billion).

The system integrator in the group is Lanit CJSC, which received revenue of 11.9 billion rubles in 2016 (-9% compared to 2015). The same company became the group's most unprofitable asset.

The net loss of Lanit CJSC in 2016 amounted to 1.46 billion rubles, while a year ago the company showed a net profit of 1.15 billion rubles.

The loss of "Lanita" arose in connection with the payment of the claim of the tax authorities

When asked about the reasons for the loss, Vladimir Gribov, vice president, executive director of Lanit, told TAdviser that it was related to the payment of the tax authorities' claim.

The Federal Tax Service, we recall, filed claims against Lanit back in March 2015. The company in 2011-2012 underpaid value added tax (VAT) and income tax. The integrator overestimated the cost of income tax by submitting VAT to the deduction from work with subcontractors who did not participate in the integrator's projects, and reflecting the double cost of buying Diebold ATMs ( see details below in the History/2015 section).

The Federal Tax Service demanded that Lanit pay 1.42 billion rubles.

The integrator tried to challenge the decision of the tax service, but achieved only a deferral and postponement of payment for 2016, so as not to disrupt the implementation of large government contracts, including with the Central Bank, Rosstat and the Federal Treasury.

As of the end of 2016, the debt on taxes and other payments was closed, and to calculate profitability indicators for the credit rating, the negative effect on reporting was interpreted by the RAEX rating agency as an expense on one-time events, adds Vladimir Gribov.

The activities of the Lanit group of companies as a whole, as follows from the words of Gribov, are carried out normally.

Lanit has a wide range of competencies, a balanced portfolio of products, services, has a stable flow of orders, shows high operating profitability, - he notes

2015: 12.5% revenue growth

At the end of 2015, Lanit's turnover amounted to 102.794 billion rubles.

2014: Revenue growth to RUB 91.3 billion (+ 18.6 %)

The total turnover of the LANIT group of companies amounted to 91.3 billion rubles. (including VAT) This is 18.6% more than in 2013.

For the second year in a row, according to the ranking of the international group RAEX (Expert RA), LANIT tops the list of the largest groups and companies in Russia in the field of information and telecommunications technologies.

In the structure of LANIT turnover for integration projects, 32.9% are occupied by projects for the financial sector, 27.8% by the public sector, 14.7% by the fuel and energy complex, 8.7% by industry, 4.8% by construction, 4.7% by telecommunications companies, 6.4% by other sectors of the economy.

According to the annual research IDC Competitive Profiles and Analysis of Leading IT Services Players in Russia, LANIT, it took first place in terms of revenue among companies providing IT services in Russia, with a share of 7.7% of the market.

LANIT is also recognized by company No. 1 in consulting in the field of information systems with a share of 14.4% of the market and in outsourcing application management with a share of 13.9%.

LANIT leads the way in design-oriented IT services. This position is determined by the total revenue of the company in the base markets (network integration and consulting, system integration, consulting and customization of software, consulting in the field of information systems, development of custom software).

In addition, in the industry context, the LANIT group of companies topped the list of domestic IT service providers for the financial sector (market share - 11.1%), government agencies (10.6%) and industry (10.5%).

LANIT is recognized as a leader in IT consulting. The championship of the group of companies in the Russian market at the end of 2014 was confirmed by the ranking of the international group RAEX (Expert RA), as well as the rating of the Kommersant publishing house. LANIT's total revenue from consulting services for the year exceeded 12.6 billion rubles (excluding VAT).

In 2014, President of the Russian Federation Vladimir Putin announced his gratitude to the LANIT team.

LANIT Group of Companies took 36th place in the "Rating of Employers of Russia 2014" of HeadHunter and received a special prize "Internal HR-brand."

2013: Revenue growth by 10.8% to 68.7 billion excluding VAT

The revenue of the LANIT group in 2013 reached 68.7 billion rubles (excluding VAT). This is 10.8% higher than in 2012. Revenue growth was provided by projects in the financial sector, industry and construction.

Distribution grew at a faster pace (by 17.3%), which accounts for 54% of the company's business. Software supplies increased by 7%, sales of services (they account for a third of the turnover) - by 8%.

If we talk about business diversification, then the group's turnover from the implementation of projects in banks and insurance companies increased by 15% (it is 30% of the total), while the public sector (26%) lost 9.5%, and the fuel and energy complex (21.5%) - almost 9%. But in the construction sector (6%), LANIT's turnover increased by a third.

2012: Revenue growth by 25% to RUB 73.6 billion

Revenue LANIT in 2012 grew by more than 25% and almost reached the amount of 73.6 billion rubles.

The overwhelming share of LANIT's revenue fell on classical distribution - 38.3 billion rubles. (more than 52% of the total). The second main source of income was IT services, which brought the group 33.2 billion rubles. (more than 45%). The remaining small share of revenue (2 billion rubles, or almost 3% of the total) came from software development.

LANIT's business structure is diversified: the group's companies operate in almost all sectors of the Russian economy. According to the results of 2012, more than 10% of the LANIT project portfolio was occupied by projects for the financial sector and the fuel and energy complex. Further, the indicators were distributed: the public sector - 8.22%, industry - 6.72%, construction - 4.53% and transport - 3.16%.

2011: Annual turnover 58.7 billion rubles

The consolidated turnover of the LANIT group of companies in 2011 amounted to 58.7 billion rubles. (including VAT). In the ranking "CNews100: The largest IT companies in Russia" LANIT in 2011 took 4th place.

According to the IDC report "Competitive Profiles and Analysis of Leading IT Services Players in Russia, 2012," LANIT became one of the five largest IT service providers on the Russian market in 2011. The total share of the top five in the total market volume amounted to about 28%, having increased compared to 2010.

In terms of annual turnover in the field of IT services, they are significantly ahead of foreign competitors, IDC analysts say. An IDC study found that IT services were the most in demand among banks in 2011. The first in terms of IT services, according to the IDC report, was LANIT.

2008: Turnover of 36.4 billion rubles (+ 15 %)

The Group's consolidated turnover in 2008 grew by 15% to RUB 36.4 billion (including VAT).

2007: Revenue of RUB 31.6 billion

The total revenue of the LANIT Group in fiscal year 2007 amounted to 31.6 billion rubles, which is 38.7% higher than the previous period (22.8 billion rubles).

Notes