text: Don Dion Blog | HeadHunter Could Be Impacted By Lockup Expiration | Talkmarkets - Page 2
  Friday, November 1, 2019 4:00 PM EDT
  HeadHunter was founded in 2000 and maintains its headquarters in Moscow, Russia. The platform serves markets in Russia and the Commonwealth of Independent States. The majority of services to job seekers are free, while employers and recruiters pay fees to access the database and post jobs. The company has approximately 680 employees and was incorporated in Cyprus.
  Company information was sourced from the company's website and F-1/A.
  HeadHunter Group reported second-quarter financial highlights for the period ending June 30, 2019:
  Revenue increased 25.7% resulting from increased revenue from its Russia segment. That segment increased by 24.7% with growth coming from small to medium accounts.
  Net income decreased to RUB275 million from RUB322 million. The company attributed the negative impact due to expenses related to the IPO.
  Adjusted EBITDA increased 36.0% and Adjusted EBITDA Margin increased to 52% versus 48.1% from the prior year.
  Adjusted Net Income increased 35.8% and Adjusted Net Income Margin increased to 31.1% versus 28.8% from the prior year.
  Financial information was sourced from the firm's website.
  CEO Mikhail Zhukov has served in his position since February 2008. His previous experience comes from a variety of Russian IT companies including IBS, which is a Russian systems integrator. He earned a Masters in Engineering at the Moscow Aviation Institute. In addition, he holds a diploma from the Plekhanov Russian Academy of Economics.
  CFO Grigorii Moiseev has served in his position since February 2008. He previously held senior financial positions at Sputnik Labs and Helios Computer.
  Corporate bios were sourced from the firm's website.
  Competition: Monster, CareerBuilder, Indeed.com
  According to the HeadHunter website, its platform is the top online recruitment site in Russia according to operational and financial measurements. In the global marketplace, HeadHunter faces competition from sites like Idealist, Indeed.com, Monster, and CareerBuilder. In the Russian marketplace, other recruitment sites include Jooble.org, Superjob.ru, and Zarplata.ru.