Financial Explanation_letter

N-able Technology Exchange Rate Loss Explanation Feb 2025

ID: c916b71e965b924c

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Details

Category
Vendor
Общество с ограниченной ответственностью «Н-эйбл Технолоджи»
Amount
809,400
Date
Feb 25, 2026
Processed
Feb 25, 2026 2:20 PM EST
Original File
nable-letter-2.pdf

Summary

This is an internal letter from N-able Technology explaining the significant financial losses incurred in 2025 due to the substantial depreciation of the Belarusian ruble against the US dollar and euro, which impacted the company's profitability and employee salaries.

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