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's activity report 2022

TTN Estonia OÜ was established in April 2016. The company's main activity is the brokerage of airline tickets.

In 2022, the net turnover amounted to 7,699,131 euros (2021: 4,262,124 euros). The company's profit for 2022 is 2,740,777 euros (2021 profit is 644,041 euros).

In 2022, the equity amounted to 3,423,703 EUR. In 2021, it was 682,926 euros.

TTN Estonia OÜ's activity is not seasonal and the company operates throughout the year.

The plans for 2022 are to continue in the same field of activity. During the reporting year, the company invested 929,395 euros in the acquisition of intangible fixed assets (2021: 675,826 euros).

The board consists of two members. In 2022, the board member's fee amounted to 24,120 euros (2021: 18,090 euros).

In connection with the Russian Federation's invasion of Ukraine, including through the territory of the Republic of Belarus, the management decided to close the websites tickets.ru and tickets.by and stop ticket sales in the territory of the Russian Federation and the Republic of Belarus.

Main financial indicators: 31.12.2022 31.12.2021

Operating profitability (operating profit / sales revenue) % 36% 16%

Net profitability (net profit / sales revenue) % 36% 15%

Return on equity ROE (net profit / equity) % 80% 94%

Total asset profitability (net profit / assets) % 12% 7%

Short-term obligations coverage ratio (current assets / short-term obligations), times 1.08 0.9