Doubling ofcyberattack countermeasure center. Solar JSOC;
– Solar Group’s client base expanded and amounted to about 1.000 clients at the end of 2024.
– OIBDA (operating profit before depreciation and amortization) doubled and reached RUB 5.4 billion due to Solar’s focus on operational efficiency and revenue growing faster than operating expenses;
– OIBDA margin increased by gambling database 5 p.p. year-on-year to 24% compared to 19% a year earlier;
– Solar Group’s net profit amounted to RUB 1.3 billion.
Andrey Timofeev. Financial Director of Solar Group. noted that more than 80% of Solar’s revenue in 2024 came from customers belonging to the critical information infrastructure (CII). who are required to use Russian information security solutions in accordance with the law: “This provides us with additional how to create a successful brand stability in various scenarios for the development of the information security market. including in the event of the return of foreign information security providers.”
Solar CEO Igor Lyapunov noted that over the past 10 years. the company has gone from a startup to one of the largest players in the cybersecurity market in the Russian Federation with a leading position in the information security services segment and an actively growing product portfolio. “Cybersecurity has aruba business database been and remains one of the fastest growing segments of the entire Russian IT market. At the same time. over the past three years. Solar has been growing twice as fast as the information security market every year. At the same time. we have demonstrated consistent growth in efficiency and profitability: in 2024. with revenue growing by 53%. Solar doubled OIBDA to RUB 5.4 billion and earned RUB 1.3 billion in net profit.” Igor Lipunov emphasized.