VK's revenue for the first quarter of 2025 increased by 16% to 35.5 billion rubles. Adjusted EBITDA increased 4.7 times to RUB 5 billion. This was announced by the company.
Revenue from online advertising increased by 10% to 22 billion rubles. Revenue from video advertising on VK platforms increased by 92% to RUB 09 billion. VK Tech's revenue increased by 64% to 2.7 billion rubles, while revenue from educational services for children increased by 28% to 2 billion rubles.
VK is a Russian technology company. Owns the social networks VKontakte, Odnoklassniki, Zen, and the Mail. ru mail service.
VK's loss under IFRS for 2024 amounted to 94.948 billion rubles against a loss of 34.291 billion rubles a year earlier. EBITDA is negative -4.92 billion rubles. Revenue increased by 23% to RUB 147.6 billion.
