A new LLC has entered the capital of the main legal entity of the Russian online school Algorithmika: since December 8, the share of the Cypriot holding Ruffell Holding Limited belongs to the Algoservice company. RB.RU drew attention to the changes in the Unified State Register of Legal Entities.
The owners of Algoritmika LLC (the main legal entity of the online school), according to the Kontur.Focus system, until December 8, 2023 were Andrey Lobanov (with a share of 80%) and the Cypriot holding company Ruffell Holding Limited ( twenty%). ).
On December 8, Ruffell Holding Limited’s stake was transferred to Algoservice LLC. This LLC was founded in November 2021 and is 100% owned by Andrey Lobanov, CEO and main owner of Algorithmika. The company is developing the Algoritmika network of schools.
“This is an internal ‘restructuring’, we are simplifying the ownership structure,” Lobanov told RB.RU.
At the end of November, the Vedomosti newspaper, citing sources, reported that the online school Algorithmika was negotiating to attract an investor. Lobanov did not specify whether the changes are related to these plans.
At the same time, Vedomosti, citing data from the Cyprus registry, reported that the main shareholder of Ruffell, who left Algoritmika LLC, is Andrey Lobanov (43.6%). In addition, through Ruffell Holding Limited, the VK holding company owned a minority stake in the online school (7.88%).
- “Algorithmics” is an online programming and mathematics school for children aged 7 to 17, the cost of one lesson on the platform, as follows from the offer agreement, ranges from 1292 to 2079 rubles.
- Algoritmika LLC’s revenue, according to Kontur.Focus, at the end of 2022 amounted to 446.2 million rubles, 3% more than in 2021. The company’s net loss decreased from 443.2 million rubles in 2021 to 56 .2 million rubles in 2022.
Author:
Anastasia Marina
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
