Arenadata's loss drops 2.7x, Mechel's loss down 2.4%
Arenadata reported a significant reduction in its half-year loss and substantial growth in revenue and gross profit, while Mechel reported a slight decrease in its half-year loss despite a sharp decline in revenue and negative adjusted EBITDA.
Consensus
- Both companies reported financial results for the first half of 2026.
- Arenadata's net loss decreased by 2.7 times compared to the same period in the previous year.
- Arenadata's revenue increased by 85.9%.
- Arenadata's gross profit rose by 66%.
- Arenadata's operating loss decreased by 2.2 times.
- Arenadata's net debt decreased from 2.84 billion rubles to 1.57 billion rubles.
- Arenadata's OIBDA was negative at -438.63 million rubles.
- Arenadata's adjusted OIBDA was -409.38 million rubles.
- Arenadata's share price rose by 3% after the report.
- Arenadata's shares traded at 85.2 rubles at 11:35 MSK.
- Arenadata is a Russian software developer in data management and processing systems.
- Arenadata conducted an IPO in October 2024 at 95 rubles per share.
Points of divergence
- Mechel's net loss was 41.47 billion rubles in the first half of 2026, a 2.4% decrease compared to the same period in 2025. — kommersant
- Mechel's revenue declined by 23% to 117.35 billion rubles in the first half of 2106. — kommersant
- Mechel's adjusted EBITDA was negative at 6.053 billion rubles, compared to positive 5.69 billion rubles in the same period of 2025. — kommersant
- Mechel's EBITDA margin was -5% in the first half of 2026 compared to +4% in the same period of 2025. — kommersant
- Mechel's financial expenses decreased by 1.9% to 26.3 billion rubles due to a reduction in the Central Bank rate. — kommersant
- Mechel attributed improved coal production and shipment of more profitable products to market recovery supported by rising external coal prices and seasonal steel demand. — kommersant
- Arenadata's net loss was 347.02 million rubles in the first half of 2006. — vedomosti
- Arenadata's gross profit reached 1.96 billion rubles. — vedomosti
- Arenadata's operating loss was 557.67 million rubles. — vedomosti
- Arenadata's OIBDA ratio to net debt was 3.6. — vedomosti
Coverage (5 sources)
- Losses of the 'Arenadata' group decreased by almost three times in six months — Ведомости
- Net profit of OVK by IFRS for the first half of the year fell 22 times — Ведомости
- Pure loss of "Melip" according to IFRS reached 41.5 billion rubles in the first half of the year — Коммерсантъ
- Pure loss of "Etalon" by IFRS for six months decreased by 7% — Ведомости
- «Etalon» reduced net loss under IFRS by 7% — Коммерсантъ