investment
case

Etalon Group
is one of the fastest-growing companies in the real estate sector

Leader
in regional development

The active expansion of our geographical footprint

made us one of the fastest-growing nationwide developers in the country

+8 regions

since 2021

Business growth

driven in part by our
regional portfolio

×1.4

revenue growth in 2024

Further expansion of its presence in the regions will allow the company to grow its business faster than its competitors

Saint Petersburg and the region

Moscow and the region

Kazan

Rostov-on-Don

Ekaterinburg

Tyumen

Omsk

Novosibirsk

Khabarovsk

High level
of adaptability

Our diversified project portfolio

reduces the risk of falling demand and, thanks to our high-margin projects, enables us to meet our target margins

30–35%

target gross margin

Vertical
integration

enables us to quickly adjust our internal processes in response to a changing market environment by consolidating key competencies within the Group

Diversifying our portfolio and developing business streams that support our core operations support our ability to adapt to market changes

Focus on financial
stability and cost controls

Debt
management

We maintain a comfortable net corporate debt / EBITDA ratio and more than sufficient coverage of project-related debt

×1.1

funds in escrow / project debt

×2.5

net corporate debt / EBITDA

Selling and administrative cost control

thanks to economies of scale
and enhanced internal processes

10%

target ratio
of selling and administrative expenses to revenue by 2026

Debt management and cost controls enable us to maintain financial stability as we expand our business, sustaining high growth rates

next section

annual and financial reports

investmentcase

Leaderin regional development

High level of adaptability

Focus on financial stability and cost controls

investment
case

Leader
in regional development

High level
of adaptability

Focus on financial
stability and cost controls