Expert RA Rating Agency has assigned VOXYS LLC (VOXYS) first-time corporate credit rating of 'ruA-'. The rating outlook is stable.

With 18.3% market share VOXYS is Russian outsourcing contact centers market leader. Services provided are characterized by a high degree of diversification of both the traditional market of contact centers and IT-solutions.

In accordance with the national rating scale for non-financial companies, the rating level of ruA reflects a high level of creditworthiness, financial reliability and stability. According to Expert RA analysts, VOXYS is in the active stage of implementing the best practices of corporate governance and risk management.

VOXYS is considering the possibility of future investment attraction through the initial placement of the company's bonds. Assigning a credit rating is also an important step for VOXYS on the way to a possible IPO in the medium term.

"VOXYS is the first Russian company among outsourcing contact centers to receive a credit rating of 'ruA-' with a stable outlook, which characterizes VOXYS as a highly reliable and financially independent company. By the end of 2021, VOXYS showed outstanding financial results: consolidated revenue exceeded 5 billion rubles and became a record for the company, EBITDA exceeded 1 billion rubles. In 2022, VOXYS plans to increase the growth rate of operational and financial indicators thanks to investment program implementation with rebranding existing and opening new contact centers, a significant increase in the cost of services following the inflationary market indicators, as well as a twofold increase in revenues from digital products," VOXYS CFO Alexey Stetsyuk comments. 

Please find more facts and figures about VOXYS corporate credit rating at Expert RA official website - https://raexpert.ru/releases/2022/feb07c