Welcome to our dedicated page for CIAN news (Ticker: CIAN), a resource for investors and traders seeking the latest updates and insights on CIAN stock.
Cian plc (CIAN) operates Russia's premier digital real estate marketplace, connecting millions with property listings and market insights. This dedicated news hub provides investors and industry professionals with essential updates on the company developments shaping one of Eurasia's most dynamic property markets.
Access timely reports on strategic initiatives including regional service expansions, AI-powered platform enhancements, and financial performance metrics. Our curated collection features verified announcements about partnership formations, technology implementations like virtual tour integrations, and market analysis tools driving CIAN's leadership position.
Key updates cover critical areas for stakeholders: quarterly earnings disclosures, operational growth metrics, mobile app developments, and big data analytics applications. The resource serves as a centralized reference for tracking how CIAN maintains its competitive edge through technological innovation and strategic collaborations.
Bookmark this page for ongoing access to official announcements and objective reporting about CIAN's role in transforming real estate transactions. Check regularly for updates on platform improvements, market expansion strategies, and financial health indicators relevant to informed decision-making.
Cian PLC (NYSE: CIAN) reported strong financial results for Q4 and the full year 2022, demonstrating resilience amid market challenges. Q4 revenue rose 35% YoY to RUB 2,394 million ($34.0 million), and profit for the period was RUB 489 million ($7.0 million). Adjusted EBITDA surged 405% YoY to RUB 586 million ($8.3 million), with an EBITDA margin of 24.5%. For the full year, revenue increased 37% YoY to RUB 8,266 million ($117.5 million), and profit was RUB 480 million ($6.8 million). However, average unique monthly visitors fell 13% YoY to 17.9 million. The company received a delisting notice from NYSE on March 15, 2023, but is appealing the decision.
Cian PLC (NYSE: CIAN) has requested a review from the NYSE Committee regarding the delisting of its American depositary shares (ADSs) following a notice received on March 15, 2023. The review is set to occur 25 days post-request, with the delisting temporarily on hold. Cian asserts its compliance with NYSE listing criteria and reporting obligations. Despite the suspension of its securities trading since February 28, 2022, Cian's ADSs continue to trade on the Moscow Exchange. The company ranks among the top twelve global online real estate platforms, boasting 2 million listings and a monthly audience exceeding 18 million as of Q3 2022.
Cian PLC (NYSE: CIAN) has received a Delisting Notice from the NYSE, indicating plans to remove its American depositary shares (ADSs) from the exchange. This decision stems from a determination that the Company may not meet the criteria for continued listing, despite Cian asserting its compliance with NYSE regulations. The Company intends to appeal this decision, which may suspend the delisting process pending review. It's important to note that trading of Cian's ADSs was already suspended since February 28, 2022, and remains unaffected by this latest notice. Furthermore, Cian's business operations in Russia continue without direct sanctions impacting its activities.
The New York Stock Exchange (NYSE) has initiated proceedings to delist the American Depositary Shares (ADSs) of Cian PLC (ticker: CIAN). Trading in CIAN's ADSs has been suspended immediately. This decision follows a halt in trading on February 28, 2022, with NYSE Regulation determining that the company is unsuitable for continued listing under Section 802.01D of the NYSE Listed Company Manual. The NYSE will seek approval from the Securities and Exchange Commission to finalize the delisting. Cian PLC has the opportunity to appeal this determination with the NYSE's Board of Directors.
