The Whoosh service will pay interim dividends of 10.3 rubles. per share – Kommersant
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Shareholders of the kicksharing service Whoosh decided to pay dividends for the nine months of 2023 in the amount of 10.3 rubles. per share. This is stated in materials companies.
The total amount of payments will be 1.14 billion rubles. Recipients of dividends must be determined by December 4. Shareholder voting took place in absentia.
The recommended amount of payments is determined by the board of directors. The minimum target level depends on the net debt/EBITDA ratio at the latest consolidated reporting date. The minimum target level is determined as a percentage of net profit for the 12 months preceding the reporting date. Whoosh’s net profit under IFRS in the first half of the year amounted to 1.3 billion rubles, an indicator that increased more than three times. Revenue grew by 62%, to RUB 4.4 billion, EBITDA by 45%, to RUB 2 billion.
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