PJSC IVA
Long

IVAT RU ( IVA Technologies) Long

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#Invest #Russia #IVAT

IVA Technologies offers a wide range of products united in a single ecosystem:

IVA Connect: Corporate messenger for fast communication between teams.

IVA MCU: Video conferencing platform, which is the leader among Russian solutions for the corporate sector

VKurse: Cloud platform for video conferencing.

IVA GPT: AI assistant for business, providing automation of tasks and analytics.

IVA CS: Corporate telephony server.

IVA Room and IVA Largo: Video terminals for negotiations.

VA SBC: Session Controller for Secure Communications

Other Products: IP Phones, Management and Monitoring Systems

IVA Technologies is the leader in the Russian video conferencing market with a 33% share in the corporate segment

The company plans to increase its market share to 91% in 2028

In July 2025, IVA Technologies announced a partnership with the Physicotechnical Institute, which acquired a minority stake (about 1%) from existing shareholders

The news caused a stir in the market, and the shares rose by 75% in four days

IVA Technologies actively invests in the development of new products and technologies. In the first half of 2025, capital expenditures (CAPEX) increased by 75% to 973 million rubles

The company created an artificial intelligence laboratory that focuses on the development of video analytics systems, business process automation and AI tools for developers

Partnership with the Physics and Technology Institute can help IVA Technologies enter international markets

The fund has the resources and expertise to support international expansion

Although revenue for the first half of 2025 remained at the same level as last year (1.07 billion rubles), EBITDA increased by 11% to 2.3 billion rubles, and cash flow from operating activities increased by more than 3.5 times

The company has a small debt

net debt/EBITDA 0.2

The downside is low NAV with high capitalization, i.e. high P/B.

The market believes in the success of the company, its further expansion and growth of financial indicators

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