About Magnit
Magnit is a publicly listed company based in Krasnodar (Russia) founded in 1994 by Sergei Galitsky. Retail services are offered by Magnit across multiple formats. It operates on a Direct-to-Consumer (D2C) model. Magnit has completed 3 acquisitions, including Azbuka Vkusa, DIXY and KazanExpress. Its chief executive, as recorded, is Jan Dunning. Its website magnit.com draws about 149 thousand monthly visits. Magnit offers products and services including Retail Services. Its focus areas include Grocery Retail and Supermarkets. Its legal entity is PAO Magnit.
Company details
Retail operations are managed by Magnit, focusing on grocery and consumer goods. Various store formats are operated to serve diverse customer needs. The company is engaged in the retail sector, ensuring accessibility of products. Solutions are tailored to enhance shopping experiences in different regions.
- Headquarters Krasnodar, Russia
- Founders Sergei Galitsky
- Stage Public
- SectorsRetail
- Website category Finance · Investing
- Email••••••••
- Phone•••• ••••
- Website magnit.com/ru
- Social LinkedIn X
- Legal Name Magnit
- Annual Revenue$3510 B15.3as on Dec 31, 2025
- Net Profit-$30.89 B-170.04as on Dec 31, 2025
- EBITDA$298.45 B3.31as on Dec 31, 2025
- Investments & AcquisitionsAzbuka Vkusa
& 2 more
Products & Services of Magnit
Magnit offers a comprehensive portfolio of products and services, including Retail Services.
Retail services are provided through various store formats.
People of Magnit
2 people are tracked at Magnit (2 in leadership).
| Name | Role | Group |
|---|---|---|
Sergei Galitsky | Founder | Leadership |
Jan Dunning | CEO | Leadership |
Complete people profiles for Magnit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Magnit
Magnit is a publicly listed company on the RUS with ticker symbol MGNT in Russia, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date24 Apr 2006
- Listed onRUS: MGNT
- Listed entityMagnit
- Exchange sectorRetail trade
- ISINRU000A0JKQU8
- Share price1,749.00 RUB (-0.06% on the day) · 2026-10-14
- Market capitalisation178,344,871,250.00 RUB
- Price to earnings7.0
- EPS (diluted, trailing year)-601.66 RUB
- Volume (last session)269,776
Financials of Magnit
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 3,510.00B RUB | -30.89B RUB | 298.45B RUB |
| 2024 | 3,040.00B RUB | 44.10B RUB | 288.90B RUB |
| 2023 | 2,540.00B RUB | 58.68B RUB | 262.22B RUB |
| 2022 | 2,350.00B RUB | 27.93B RUB | 256.35B RUB |
| 2021 | 1,860.00B RUB | 48.12B RUB | 209.72B RUB |
Detailed financial statements for Magnit
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Magnit
Magnit has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Azbuka Vkusa, DIXY and KazanExpress.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Grocery products are retailed by Azbuka Vkusa in Moscow. | av.ru | Moscow, Russia | 1997 | Apr 2025 | $490M | |
Multi-category products are provided via an online marketplace platform. | kazanexpress.ru | Kazan, Russia | 2017 | Oct 2023 | •••• | |
Multi-category food and beverage products are retailed across Russia. | dixy.ru | Moscow, Russia | 1992 | Jul 2021 | •••• |
Complete acquisition details for Magnit
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Magnit
5 dated milestones of Magnit across 31 years, from founding to its latest funding, stage changes and deals.
- Founded Magnit is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires DIXY.
- Acquisition Acquires KazanExpress.
- Acquisition Acquires Azbuka Vkusa.
Web traffic of Magnit
The website of Magnit (magnit.com) receives about 148.9K visits a month and ranks #192,708 among all websites worldwide, #2,053 in Investing.
- Monthly visits148.9K
▼ 33.5% vs previous month
- Unique visitors124.4K
per month
- Global rank#192,708
among all websites
- Category rank#2,053
Finance · Investing
- Bounce rate38%
- Pages per visit2.4
- Average visit35 sec
- DevicesDesktop 30% · Mobile 70%
Websites whose visitors overlap most with Magnit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
investmint.ru | investmint.ru | 100% | #192,657 | – | |
| finam.ru | 100% | 9M | #7,442 | View details | |
smart-lab.ru | smart-lab.ru | 70% | #7,827 | – | |
tbank.ru | tbank.ru | 69% | #385 | – | |
wertkartenverkauf.com | wertkartenverkauf.com | 64% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Magnit
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Magnit
Complete news archive for Magnit
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Magnit
Magnit was founded in 1994.
Magnit is headquartered in Krasnodar, Russia. It is registered at Krasnodar, Krasnodar Krai, Russia.
Jan Dunning is the CEO of Magnit, as recorded in our data.
Retail operations are managed by Magnit, focusing on grocery and consumer goods. Various store formats are operated to serve diverse customer needs. The company is engaged in the retail sector, ensuring accessibility of products. Solutions are tailored to enhance shopping experiences in different regions.
Magnit offers Retail Services.
Yes, Magnit is publicly traded on RUS under the ticker symbol MGNT.
Magnit has made 3 acquisitions, including Azbuka Vkusa, DIXY, and KazanExpress.
Magnit operates through Pao Magnit.
The website of Magnit receives about 149 thousand visits a month and ranks #192,708 among all websites worldwide.