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's activity report 2022

SkyAdvert Network LLC was created to provide brokerage services in the field of online advertising products.

The LLC is a mediator between advertising companies (clients) and owners of Internet resources (suppliers) on whose platforms advertising products are displayed.

SkyAdvert Network LLC's business partners (clients and suppliers) are located in the Russian-speaking segment of the internet.

SkyAdvert Network LLC carries out brokerage activities between the advertiser (a person who buys advertising space for their own advertising) and the webmaster (a person who sells advertising space on their resource).

This activity is carried out through software created by SkyAdvert Network LLC for launching advertisements.

The software created by SkyAdvert Network LLC for launching advertisements gives clients (advertisers and webmasters) the opportunity to manage the display of advertisements on the Internet, using the necessary settings provided by SkyAdvert Network LLC's software.

In connection with the imposition of economic sanctions, in 2022 SkyAdvert Network LLC reorganized its activities so that its business partners became companies from the European Economic Area or countries outside the EU, excluding Russian and Belarusian companies.

In 2023, in connection with the imposition of a sanctions package by the European Union in relation to business transactions

with companies from Russia, SkyAdvert Network LLC has ceased cooperation with Russian companies.

In 2023, the last services to Russian companies were sold on 28.02.2023 based on contracts concluded in 2022. After this date, the sale of services to companies from Russia was suspended and buyers of services were notified with a notice.

In 2023, SkyAdvert Network LLC changed its type of business activity.

The transition period lasted until 31.05.2023. After this date, the company no longer sells brokerage services in the online advertising market.

The main activity was the development and sale of the right to use an IT product (software) that buyers use for their activities in the online advertising market.

SkyAdvert Network LLC's 2022 sales revenue was 5,424,457 euros. Geographically, 70% of this amount is revenue from sales in the Russian Federation, 30% is revenue from sales to other countries.

The operating profit for the reporting period of SkyAdvert Network LLC was 1,853,930 euros.

The labor costs in 2022 amounted to 937,671 euros.

The average number of employees per year was 20 people.

info@skyadvert.net