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 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.
• 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 at the market, 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.

We participated in major exhibitions in India and Dubai. In India, our franchise was selected as the winner of the "Best VR/AR Solution of the Year" at the EdTech Review conference. We implemented all the International Health Regulations (sanitizing of all equipment, small groups on sessions and safe social distance). Since then, all these rules have been followed by our franchisees by default.
During the pandemic, we have been testing different models and have plans to move activities online, such as creating our own online school of secondary education.

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.

For the first time the company took part in 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.

Start of the work on entering the world markets and holding the first presentations in India. We have decided to develop an international distribution network for educational content. By the end of the year Latvia, Azerbaijan and the Republic of Belarus became Altairika (formerly Altair Digital) partners. The first offline meeting and experience exchange with partners.

In January, Altair Fulldome Cinema, the first app for watching films in VR devices, was launched; more than 50,000 people have downloaded it in a month. Its next version, Amazing Cinema, hit the world's top downloads and took the first place in the Oculus Store, while 5% of Samsung owners worldwide installed this app on their device.

On April 12, Cosmonautics Day, the first session of the future Virtual Encyclopedia was held! Students got the opportunity to feel like real space travelers and see stars and planets close by. In February, Altairika (formerly Altair Digital) got its first franchisee partner, by the end of the year there was 17 of them. A contract for the use of Virtual Planetarium technology was concluded in the MTS Department of Social Responsibility.

Development of our own projection system "Space Touch ONE" for Mobile Planetariums was completed. At the same time, we were working on a unique system for watching educational films with virtual reality glasses. It will be possible to get into your individual planetarium and practically catch the comet by yourself!

The company "Altair Digital" was created, the development of its own software and hardware complex for content protection began, at the expense of which it became possible to replenish the library of films with an increasing number of high-quality imported novelties. For the first time the idea of founding our own educational franchise has appeared.

By the beginning of 2014 the company had over 40 operators of Mobile Planetariums and 3 offices. We had 150 thousand kilometers of monthly routes, and these are four circles of the Earth! Our own CRM system was created for clearer logistic of the sessions. The company took part in the exhibition of successful franchises "Seliger-2014" and in the same year received the award "Business Success" in the category "The Best project in trade and services".

Start of the production of Mobile Planetariums: we have tested a dozen dome models and hundreds of different fabrics. We have found the ideal fabric in Korea. It is distinguished by its durability and ease of care. Mobile planetarium becomes lighter and more maneuverable. The inner coating becomes white, which provides a bright and clear picture. Quality is also improved by using a modern model of spherical mirror. In the same time, the network of planetariums was developing, and kids from all over the country received the opportunity to visit the session.

The first official session of the Mobile Planetarium was held on February 10 with the support of the Employment Center. The first turnkey sale of the planetarium under a government contract was concluded: the stationary planetarium was launched. The company decided to start its own production of Mobile Planetariums.

The mobile planetarium started its work. Dozens of talks and presentations in the city schools help to understand the needs of school principals, teachers, children and their parents.

The first mobile planetarium session was launched. We were looking for components from around the world for a quality session.