VK Tech's revenue increased by 38.9% in 9 months%

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AK&M 12 November 2025 13:51

VK Tech's revenue for the first 9 months of 2025 increased by 38.9% year-on-year to 10.7 billion rubles. This is stated in the company's message.

Business applications (+94.7%) and VK WorkSpace productivity services (+63.5%) showed the most dynamic growth.

The number of clients increased by 4 to 26.8 thousand. Revenue from large clients increased by 40.5%, while revenue from small and medium-sized clients grew by 34.8%. Large clients account for 70% of revenue.

Adjusted EBITDA amounted to 1.5 billion rubles (the same as a year earlier).

The net profit of PJSC VK Technologies according to RAS for 9 months of 2025 amounted to 231.265 million rubles against a loss of 13.3 million rubles a year earlier, according to the company's report.

VK Tech (PJSC VK Technologies) is a Russian developer of enterprise software for solving daily business tasks. VK Tech products are included in the Russian software registry, comply with the requirements of the FSTEC, and are delivered in the license format (On-Premise) and by subscription (On-Cloud).

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.

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 net loss for the first half of 2025 under IFRS amounted to 12.67 billion rubles from 24.617 billion rubles a year earlier. The net loss from continuing operations amounted to 13.197 billion rubles against a loss of 24.717 billion rubles. Revenue increased by 12.6% to 72.567 billion rubles from 64.416 billion rubles. Adjusted EBITDA amounted to 10.4 billion rubles. compared to the negative value a year earlier.