This has been a strategically significant year for us, marked by major milestones. First and foremost — we are now Altairika JSC (Joint Stock Company)!

• Hosted the All-Russian Forum 'Technologies in Education' in partnership with HSE University.
• Raised 40 million rubles in investment.
• Added 21 new VR films to our library and secured rights to 18 exclusive titles.
• Launched new products — high-quality educational toys — on Wildberries and Ozon.
• Enhanced our lessons with VR quizzes.
• Reached 1,306,301 students (+6.11% compared to 2024).
• Initiated the development of new EdTech products for children.
• Expanded to 90+ cities and regions across Russia, Belarus, Armenia, and Canada.
• Granted Small Technological Company (STC) status.
• Became a Skolkovo Resident.
• Listed in the Register of Startups and High-Tech Companies of the Moscow Innovation Cluster.
• Reconfirmed our accreditation as an IT company.
• Ranked among the Top 300 Strong Ideas for a New Time by the Agency for Strategic Initiatives and the Roscongress Foundation.
• Grew our team by 1.5 times.
• Completed the Skolkovo pre-IPO program (the final private funding stage before going public).
• Held 3 offline partner meetings featuring external industry experts.

We celebrated 14 years in the supplementary education market. This year, 8 new partners joined our franchise network, and 13 existing franchisees expanded their territories. Altairika strengthened its presence in Russia and the CIS, maintaining operations across 12 countries worldwide. Our Virtual Encyclopedia catalog grew by 16%, now featuring over 135 VR films. Our proprietary software stability reached 99.74%, with two software products officially listed in the Register of Domestic Software, paving the way for the B2G segment. Altairika has launched IPO preparations, ranked in the Top 4 of the TopFranchise rating, and served as a partner and sponsor for several industry events, including a regional IT hackathon, an educational innovation competition, and a venture league.

The company has made the difficult but necessary decision to terminate partnerships with franchisees who were unable to recover following the pandemic. At the same time, we continue to grow: in the first half of the year, six new countries joined us — Puerto Rico, Hong Kong, Tajikistan, Moldova, Romania, and Ghana. As a result, Altairika has firmly established its presence in 12 countries worldwide. In April, we broke another record with 110,000 viewers in a single month! Altairika ranked 5th in the TopFranchise.ru rating for children's development and education franchises and was also named among the Top 100 ideas at the 'Strong Ideas for a New Time' forum by ASI, selected from over 24,000 applications nationwide.

We focused on product and staff development and greatly expanded our content library. In April, we again set a big record for viewers served. And for the whole 2022 more than half a million viewers got acquainted with Virtual Encyclopedia! We started developing Altairika Online, a software product that will allow children to watch our movies at home, and all content will be encrypted and protected from copying.

Due to limited resources, we focused on the core business of the company and were rebuilding the entire network after a large cash deficiency.
This year we launched the Altairika Challenge contest, which allowed aspiring entrepreneurs to open a franchise with investment from the company. Over two rounds, we received over 1,000 applications in total. The result was 11 winners. 8 people received funds from the company, 7 of them are still working with us.
In August we presented a new system of content distribution in the network and many other innovations that increased the efficiency and transparency of the franchisee's work.

The 100th partner joined the franchisee team. We have 7 partners in India at the beginning of the year: Delhi, Hyderabad (2 partners), Bangalore, Lucknow, Jaipur, Indore.

Spring brought us 2 important events:

• Private presentation for potential partners of Altairika franchise in Delhi. The CEO of our company introduced the guests to the product and told about the details of doing such a business. Our colleges from India demonstrated the financial model of the franchise for all visitors, taking into account the population of the city they are interested in.
  
  
• EdTechReview conference and exhibition in Delhi. With our new indian managers we held a presentation about our product and received an award "Best AR/VR solution of the Year"!
  
  

The COVID-19 epidemic did not freeze our work, we have started looking for new audiences and models for collaboration.

FROEXPO in Chennai — exhibition by Franchise India. Meeting with with Amit Khare, Minister of Information and Broadcasting of India, and key officials of School Education and Literacy Department, Ministry of Human Resource Development and the Government of India. Representatives of Altairika also had a meeting with the Second Secretary of the Russian Ambassador to India and met with employees of the Federation of Chambers of Commerce and Industry of India in New Delhi

For the first time the company took part in Russia's largest exhibition, BuyBrand, and foreign forums in Singapore, China and Belgium. Year-end results: 86 franchisees in the team of the Virtual Encyclopedia, 22 of them were foreign partners.

For the first time we took part in the Franchise India Expo. During 2 days of exhibition in Delhi we communicated with a huge flow of visitors. We had a face-to-face meeting with Ashita Marya, CEO of Franchise India and discussed the prospects of Altairika development on the Indian market.

Closed presentation of Altairika VR Enciclopedia in Mumbai, the second largest city, for potential franchisees: many new contacts, networking.

The beginning of a large-scale marketing campaign. We happy to meet our new partner in New Delhi, Sambhav Maggon. He fell in love with Altairika and became our "ambassador" in India, gave many positive feedback, helped us at all the next shows in India. Before starting his work, he held a demo show for 700 people in one day.

The year began with the 55-hour corporate Sales hackathon, which has created the company's strategy and developed a franchise package for international markets. An international sales department was formed and cooperation with partners in India began.

Start of the work on entering the world markets: we've decided to develop an international distribution network for educational content. By the end of the year Latvia, Azerbaijan and the Republic of Belarus became Altair Digital partners.

By the end of september Konstantin Urvantsev, Altairika's CEO, traveled to India for inspiration. First thoughts about Altairika development in India, first monitoring, meetings at CyberHub with major Delhi businessmen, initial presentation of the product, positive feedback, theoretical test of business model in the new market.

In January, Altair Fulldome Cinema, the first app for watching films using VR devices, was launched; more than 50,000 people have downloaded it in a month. Its next edition, Amazing Cinema, hit the world's top downloads and took the first place in the Oculus Store and among Samsung owners around the world: 5% of them installed the app..

On April 12, Cosmonautics Day in Russia, the first session of Virtual Encyclopedia was held! Students got the opportunity to travel to the space and watch stars and planets being born.

In February the first franchise partner joined us — by the end of the year there were already 17 of them.

We developed "Space Touch ONE", our own software system for Mobile Planetariums to protect licensed content. This allowed us to regularly update the catalogue with new products from the world of Fulldome movies. At the same time our team started working on a unique product for watching educational films through virtual reality glasses.

Over 40 operators of Mobile Planetariums. Our drivers traveled 150 thousand kilometers a month — this is 4 circles of the Earth! Mobile Planetariums praised by Minister of Education of Russia, and in the same year the company received the award "Business Success" in the category "The Best project in trade and services".

First official Mobile Planetarium session on February 10 and the first turnkey sale was made: a stationary planetarium with the support of the state started its work in Sterlitamak. Our team decided to produce our own Mobile Planetariums. We tested hundreds types of domes and different fabrics, but made the mobile planetarium has lighterm, more maneuverable and providing higher image quality. At the same moment the network of mobile planetariums was developing and becoming bigger — children in almost all regions of Russia had an opportunity to visit VR sessions.

The first launch of the mobile planetarium. In order to conduct quality sessions, we have been searching for details for the planetarium around the world. Launch of Mobile Planetarium in Barnaul, Russia. We explored the needs of principals, teachers, students and their parents through conversations and dozens of presentations in schools.