VK Tech's net loss for the first half of 2025 amounted to 1.4 billion rubles against the same loss a year earlier. Revenue increased by 48.2% to RUB 6.7 billion from RUB 4.5 billion, adjusted EBITDA increased to RUB 0.7 billion from RUB 0.3 billion. The number of clients increased 3.1 times to 20.4 thousand. This was announced by the company.
In February 2025, the group acquired 24.996% of shares of JSC R7 (software development) for a cash consideration of 2.5 billion rubles. In June 2025, R7 JSC decided to distribute dividends in the amount of 1.2 billion rubles, the group's share amounted to 260.963 million rubles, net of tax on dividends. The results of P7's operations are seasonal, with most of its revenue coming in the second half of the year.
VK Tech (VK Technologies PJSC group) is a developer of corporate software, the technological vertical of MKPAO VK. VK Tech products are included in the Russian software registry, comply with FSTEC requirements, and are delivered in an On-Premise and subscription format (On-Cloud), which makes them available to companies of any scale.
VK Tech's net profit in 2024 reached 1.3 billion rubles, demonstrating a 3-fold year-on-year growth. Revenue increased by 42.1% to RUB 13.6 billion due to increased sales and an increased customer base. The number of clients increased by 90.5% to 11.3 thousand.
VK is a Russian technology company. VK products and services are used by more than 95% of the Runet audience. The company is also developing a set of products and services for the digitalization of business processes, from online promotion and predictive analytics to corporate social networks, cloud services and enterprise automation.
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 more negative – 4.92 billion rubles. Revenue increased by 23% to RUB 147.6 billion.
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.
