Seznam

Seznam's net profit rose 20.9% to CZK 1,338 mil in 2017

By Helgi Analytics - November 05, 2019

Seznam made a net profit of CZK 1,338 mil in 2017, up 20.9% when compared to the last year. Total sales reached CZK 4,117 mil, which...

Seznam's employees rose 8.94% to 1,304 in 2017

By Helgi Analytics - November 05, 2019

Seznam employed 1,304 persons in 2017, up 8.94% when compared to the previous year. Historically, the firm's workforce hit an all ti...

Seznam's Total Cash From Operations rose 14.9% to CZK 1,545 mil in 2017

By Helgi Analytics - November 05, 2019

Seznam's operating cash flow reached CZK 1,545 mil in 2017, up 14.9% when compared to the previous year. Historically, the firm...

Profit Statement 2015 2016 2017
Sales CZK mil 3,413 3,706 4,117
Gross Profit CZK mil 2,397 2,625 3,052
EBITDA CZK mil 1,436 1,586 1,899
EBIT CZK mil 1,241 1,343 1,628
Financing Cost CZK mil -9.92 -5.31 1.09
Pre-Tax Profit CZK mil 1,251 1,348 1,627
Net Profit CZK mil 1,017 1,107 1,338
Dividends CZK mil 0 467 ...
Balance Sheet 2015 2016 2017
Total Assets CZK mil 3,603 2,067 2,411
Non-Current Assets CZK mil 770 974 875
Current Assets CZK mil 2,821 1,076 1,518
Working Capital CZK mil 405 526 518
Shareholders' Equity CZK mil 1,135 836 1,592
Liabilities CZK mil 2,468 1,231 818
Total Debt CZK mil 442 295 147
Net Debt CZK mil -1,829 -110 -750
Ratios 2015 2016 2017
ROE % 92.5 112 110
ROCE % 96.9 82.7 92.5
Gross Margin % 70.2 70.8 74.1
EBITDA Margin % 42.1 42.8 46.1
EBIT Margin % 36.3 36.2 39.5
Net Margin % 29.8 29.9 32.5
Net Debt/EBITDA -1.27 -0.070 -0.395
Net Debt/Equity % -161 -13.2 -47.1
Cost of Financing % -4.49 -1.44 0.491
Cash Flow 2015 2016 2017
Total Cash From Operations CZK mil ... 1,344 1,545
Total Cash From Investing CZK mil ... -553 -174
Total Cash From Financing CZK mil ... -2,656 -879
Net Change In Cash CZK mil ... -1,865 492
Cash Conversion Cycle days 14.7 17.6 20.5
Cash Earnings CZK mil 1,212 1,350 1,608
Free Cash Flow CZK mil ... 791 1,371

Get all company financials in excel:

Download Sample   $19.99

summary Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
income statement                                  
Sales CZK mil                     2,681 2,834 2,909 3,129 3,413    
Gross Profit CZK mil                     1,903 1,932 2,054 2,208 2,397    
EBIT CZK mil                     1,035 943 929 1,124 1,241    
Net Profit CZK mil                     840 776 776 948 1,017    
ROE %                     101 89.9 86.5 96.9 92.5    
EBIT Margin %                     38.6 33.3 31.9 35.9 36.3    
Net Margin %                     31.3 27.4 26.7 30.3 29.8    
Employees ... ... ...           ... ... 915 1,000 1,089 1,066 1,142    
balance sheet                                  
Total Assets CZK mil                     1,625 1,711 1,642 1,689 3,603    
Non-Current Assets CZK mil                     369 367 487 558 770    
Current Assets CZK mil                     1,227 1,316 1,123 1,115 2,821    
Shareholders' Equity CZK mil                     826 900 894 1,064 1,135    
Liabilities CZK mil                     799 810 748 626 2,468    
Non-Current Liabilities CZK mil                     0 5.89 7.37 9.81 319    
Current Liabilities CZK mil                     412 408 349 373 1,943    
Net Debt/EBITDA                     -0.665 -0.704 -0.579 -0.450 -1.27    
Net Debt/Equity %                     -95.3 -88.0 -73.0 -55.1 -161    
Cost of Financing % ... ... ... ... ... ...       ... ... -132 -87.1 ... -4.49    
cash flow                                  
Total Cash From Operations CZK mil           ... ... ... ... ... 1,078 876 ... ... ...    
Total Cash From Investing CZK mil           ... ... ... ... ... -180 -205 ... ... ...    
Total Cash From Financing CZK mil           ... ... ... ... ... -728 -701 ... ... ...    
Net Change In Cash CZK mil           ... ... ... ... ... 170 -30.4 ... ... ...    
income statement Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
income statement                                  
Sales CZK mil                     2,681 2,834 2,909 3,129 3,413    
Cost of Goods & Services CZK mil                     779 902 855 920 1,016    
Gross Profit CZK mil                     1,903 1,932 2,054 2,208 2,397    
Staff Cost CZK mil                     705 816 924 906 962    
Other Cost CZK mil                     15.1 -9.31 2.47 -0.461 -1.18    
EBITDA CZK mil                     1,182 1,125 1,128 1,303 1,436    
Depreciation CZK mil                     147 182 199 179 195    
EBIT CZK mil                     1,035 943 929 1,124 1,241    
Financing Cost CZK mil                     2.53 -3.89 -2.56 -12.4 -9.92    
Extraordinary Cost CZK mil                     0 0 0 0 0    
Pre-Tax Profit CZK mil                     1,032 947 932 1,136 1,251    
Tax CZK mil                     193 171 155 188 234    
Minorities CZK mil                     0 0 0 0 0    
Net Profit CZK mil                     840 776 776 948 1,017    
Dividends CZK mil ... ... ... ... ... ... ... ... ...   690 ... ... ... 0   ...
growth rates                                  
Total Revenue Growth % ...                   19.4 5.69 2.65 7.56 9.10    
Operating Cost Growth % ...                   23.0 12.0 14.9 -2.29 6.15    
EBITDA Growth % ...                   13.3 -4.82 0.206 15.5 10.2    
EBIT Growth % ...                   14.1 -8.87 -1.47 21.0 10.4    
Pre-Tax Profit Growth % ...                   12.4 -8.27 -1.61 22.0 10.1    
Net Profit Growth % ...                   13.5 -7.63 0.093 22.2 7.22    
ratios                                  
ROE %                     101 89.9 86.5 96.9 92.5    
ROCE % ...                   149 117 103 108 96.9    
Gross Margin %                     71.0 68.2 70.6 70.6 70.2    
EBITDA Margin %                     44.1 39.7 38.8 41.6 42.1    
EBIT Margin %                     38.6 33.3 31.9 35.9 36.3    
Net Margin %                     31.3 27.4 26.7 30.3 29.8    
Payout Ratio % ... ... ... ... ... ... ... ... ...   82.2 ... ... ... 0   ...
Cost of Financing % ... ... ... ... ... ...       ... ... -132 -87.1 ... -4.49    
Net Debt/EBITDA                     -0.665 -0.704 -0.579 -0.450 -1.27    
balance sheet Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
balance sheet                                  
Non-Current Assets CZK mil                     369 367 487 558 770    
Property, Plant & Equipment CZK mil                     282 300 316 338 405    
Intangible Assets CZK mil                     57.4 66.7 84.4 102 161    
Goodwill CZK mil                     -1.26 -0.837 0.419 0 0    
Current Assets CZK mil                     1,227 1,316 1,123 1,115 2,821    
Inventories CZK mil                     0 0 0.012 0.003 4.45    
Receivables CZK mil                     383 451 427 461 519    
Cash & Cash Equivalents CZK mil                     787 798 652 586 2,271    
Total Assets CZK mil                     1,625 1,711 1,642 1,689 3,603    
Shareholders' Equity CZK mil                     826 900 894 1,064 1,135    
Of Which Minority Interest CZK mil                     0 0 0 0 0    
Liabilities CZK mil                     799 810 748 626 2,468    
Non-Current Liabilities CZK mil                     0 5.89 7.37 9.81 319    
Long-Term Debt CZK mil                     0 5.89 0 0 295    
Deferred Tax Liabilities CZK mil                     0 0 7.37 9.81 24.1    
Current Liabilities CZK mil                     412 408 349 373 1,943    
Short-Term Debt CZK mil                     0 0 0 0 147    
Trade Payables CZK mil                     110 139 85.0 96.1 118    
Provisions CZK mil                     27.4 20.1 25.5 16.0 17.4    
Equity And Liabilities CZK mil                     1,625 1,711 1,642 1,689 3,603    
growth rates                                  
Total Asset Growth % ...                   4.55 5.24 -4.03 2.89 113    
Shareholders' Equity Growth % ...                   -0.973 9.00 -0.697 19.0 6.71    
Net Debt Growth % ...                   -8.17 0.657 -17.6 -10.2 212    
Total Debt Growth % ... ... ... ... ... ... ...     ... ... ... -100 ... ...    
ratios                                  
Total Debt CZK mil                     0 5.89 0 0 442    
Net Debt CZK mil                     -787 -792 -652 -586 -1,829    
Working Capital CZK mil                     273 312 342 365 405    
Capital Employed CZK mil                     642 679 829 923 1,176    
Net Debt/Equity %                     -95.3 -88.0 -73.0 -55.1 -161    
Cost of Financing % ... ... ... ... ... ...       ... ... -132 -87.1 ... -4.49    
cash flow Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
cash flow                                  
Net Profit CZK mil                     840 776 776 948 1,017    
Depreciation CZK mil                     147 182 199 179 195    
Non-Cash Items CZK mil ...         ... ... ... ... ... 231 -42.5 ... ... ...    
Change in Working Capital CZK mil ...         ... ... ... ... ... -140 -39.5 ... ... ...    
Total Cash From Operations CZK mil           ... ... ... ... ... 1,078 876 ... ... ...    
Capital Expenditures CZK mil           ... ... ... ... ... -154 -210 ... ... ...    
Other Investments CZK mil           ... ... ... ... ... -26.1 4.68 ... ... ...    
Total Cash From Investing CZK mil           ... ... ... ... ... -180 -205 ... ... ...    
Dividends Paid CZK mil ... ... ... ... ... ... ... ... ... ... -690 ... ... ... ...    
Issuance Of Shares CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...    
Issuance Of Debt CZK mil ...         ... ... ... ... ... 0 5.89 ... ... ...    
Total Cash From Financing CZK mil           ... ... ... ... ... -728 -701 ... ... ...    
Net Change In Cash CZK mil           ... ... ... ... ... 170 -30.4 ... ... ...    
ratios                                  
Days Sales Outstanding days                     52.2 58.1 53.6 53.8 55.5    
Days Sales Of Inventory days                     0 0 0.005 0.001 1.60    
Days Payable Outstanding days                     51.8 56.2 36.3 38.1 42.3    
Cash Conversion Cycle days                     0.380 1.87 17.3 15.7 14.7    
Cash Earnings CZK mil                     987 958 975 1,128 1,212    
Free Cash Flow CZK mil           ... ... ... ... ... 897 671 ... ... ...    
other data Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
other data                                  
ROA %                     52.8 46.5 46.3 56.9 38.4    
Gross Margin %                     71.0 68.2 70.6 70.6 70.2    
Employees ... ... ...           ... ... 915 1,000 1,089 1,066 1,142    
Cost Per Employee USD per month ... ... ...           ... ... 3,631 3,476 3,615 3,314 2,942    
Cost Per Employee (Local Currency) CZK per month ... ... ...           ... ... 64,225 67,989 70,729 70,828 70,234    
Staff Cost (As % Of Total Cost) %                     42.8 43.1 46.7 45.2 44.3    
Effective Tax Rate %                     18.7 18.1 16.7 16.5 18.7    
Domestic Sales CZK mil ... ... ...           ... ... 2,624 2,780 2,810 2,924 3,191    
Capital Expenditures (As % of Sales) %           ... ... ... ... ... 5.76 7.40 ... ... ...    
Revenues From Abroad CZK mil ... ... ...           ... ... 57.0 54.0 98.7 203 222    
Revenues From Abroad (As % Of Total) % ... ... ...           ... ... 2.13 1.91 3.39 6.48 6.52    

Get all company financials in excel:

Download Sample   $19.99

Feb 2014
Statistical Dossier
Feb 2014
Company Report

Seznam's Net Margin rose 8.78% to 32.5% in 2017

By Helgi Analytics - November 05, 2019

Seznam made a net profit of CZK CZK 1,338 mil under revenues of CZK 4,117 mil in 2017, up 20.9% and 11.1%, respectively, when compared to the last year. This translates into a net margin of 32.5%. Historically, the firm’s net margin reached an all time high of ...

Seznam's Net Debt/EBITDA fell 467% to -0.395 in 2017

By Helgi Analytics - November 05, 2019

Seznam's net debt reached CZK -750 mil and accounted for -47.1% of equity at the end of 2017. The ratio is down 256% when compared to the previous year. Historically, the firm’s net debt to equity reached an all time high of -13.2% in 2016 and an all time low of ...

Seznam's ROCE rose 11.8% to 92.5% in 2017

By Helgi Analytics - November 05, 2019

Seznam made a net profit of CZK 1,338 mil in 2017, up 20.9% when compared to the previous year. Historically, company's net profit reached an all time high of CZK 1,338 mil in 2017 and an all time low of CZK 12.4 mil in 2003. This implies return on equity of 1...

Seznam's Capital Expenditures fell 61.5% to CZK 175 mil in 2017

By Helgi Analytics - November 05, 2019

Seznam invested total of CZK 175 mil in 2017, down 61.5% when compared to the previous year. Historically, company's investments reached an all time high of CZK 454 mil in 2016 and an all time low of CZK 0.000 mil in 2001. When compared to total sales, ...

Seznam's Cash & Cash Equivalents rose 121% to CZK 897 mil in 2017

By Helgi Analytics - November 05, 2019

Seznam's total assets reached CZK 2,411 mil at the end of 2017, up 8.14% when compared to the previous year. Current assets amounted to CZK 1,518 mil, or 63.0% of total assets while cash reached CZK 897 mil at the end of 2017. On the other hand, total debt reached CZK 147 ...

More News

Seznam.cz (meaning list in English) is a web portal and search engine in the Czech Republic. The Company was founded in 1996 by Ivo Lukačovič as the first web portal in the Czech Republic. Seznam started with a search engine and an internet version of yellow pages. Today, Seznam runs more than 15 different web services and associated brands. More than 2.5 million people visit the Seznam.cz pages every day. Among the most popular services, according to NetMonitor, are Seznam homepage, Seznam Email, Seznam Search and Seznam yellow pages. In 2012, Seznam was the second internet search engine in the Czech Republic (with a 40% market share) just behind Google (with more than a half of the market) and employed around 1,000 people.