MGKL
MMOEX:MGKL1.88
RUB
-0.02
(-1.32%)
ISIN
RU000A0JVJQ8
Return %
Stock
S&P 500
1Y
-23.30
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Moscow Russian Federation
- IPO Date
- Dec 28, 2023
- Similar Companies
- Business
- PJSC MGKL is a diversified financial services, precious metals trading, and re-commerce holding company headquartered in Moscow, Russian Federation. Founded in 1924, the company operates across retail secured consumer lending, secondary market goods retailing, and wholesale precious metals trading, serving individual consumers, retail buyers, and commercial enterprises primarily in the Moscow metropolitan area and across the Russian Federation. The company organizes its business into three core operating segments: Pawnshop Lending, Re-Commerce and Retail Trade, and Wholesale Precious Metals. In its Pawnshop Lending segment, PJSC MGKL provides short-term collateralized microloans to retail consumers secured by precious metals, gold and diamond jewelry, consumer electronics, smartphones, laptops, household appliances, and luxury accessories; collateral appraisal and valuation services; safe storage and safekeeping of pledged valuables; and digital loan servicing, including online loan extensions, digital pawn tickets, and remote interest settlements. In its Re-Commerce and Retail Trade segment, the company offers retail merchandising and sale of pre-owned, unredeemed, and refurbished goods through an extensive physical branch network and multi-channel online storefronts; product certification, cleaning, and technical pre-sale preparation; online retail sales across major e-commerce marketplaces such as Ozon, Wildberries, Yandex Market, and MegaMarket; and customer trade-in and direct buy-out programs for pre-owned consumer electronics, mobile devices, and luxury jewelry. In its Wholesale Precious Metals segment, the company engages in the acquisition, aggregation, and wholesale supply of secondary gold scrap and silver; physical precious metal processing and logistics with accredited refineries; and wholesale distribution of pure gold bars and investment-grade precious metal products to commercial banks, industrial processors, and jewelry manufacturers. PJSC MGKL conducts its retail operations under well-recognized commercial banners, including Mosgorlombard for its brick-and-mortar pawnshop network and specialized re-commerce brand formats. The company operates a network of retail branches situated in high-traffic residential and commercial hubs across Moscow and the Moscow Region, complemented by nationwide distribution through partnered third-party logistics and integrated digital platforms. In recent developments, PJSC MGKL completed its initial public offering on the Moscow Exchange under the ticker MGKL, transitioning to a public joint-stock company and establishing a multi-instrument capital markets presence that includes regular exchange-traded bond placements and digital financial asset issuances. The company has aggressively expanded its secondary market re-commerce ecosystem by launching proprietary online marketplace integrations, scaling specialized logistics and fulfillment infrastructure for pre-owned goods, and introducing direct consumer-to-business buyback channels for consumer electronics. Additionally, PJSC MGKL has significantly scaled its B2B precious metals trading division, establishing direct partnership arrangements with major metallurgical refineries and institutional precious metals buyers to capture wholesale market share in scrap gold recycling. The group continues to execute a multi-channel growth strategy by modernizing retail branch formats, increasing automated algorithmic jewelry appraisal capabilities, and expanding its presence across leading Russian e-commerce platforms.