VK increased revenue to 35.5 billion rubles in the first quarter

VK Internet holding summed up the results of the first quarter of this year, reporting revenue of 35.5 billion rubles on April 24. This is a 16% increase compared to the same period in 2024.

It is specified that the company's adjusted EBITDA in the reporting quarter reached 5 billion rubles, which is a significant increase of 4.7 times compared to the first quarter of last year.

"The company maintains its forecast for 2025 and expects adjusted EBITDA to exceed 10 billion rubles by the end of the year," the report says.

In addition, the adjusted EBITDA margin increased by 11% points to 14%. It is noted that in the first quarter of 2025, all operating segments of the company showed a positive result in adjusted EBITDA.

Natural fence: the audience of Russian video services increased by 30 million over the year

What's behind the growth and whether this trend will continue in 2025

On January 16, it was reported that the VK Video service overtook YouTube video hosting in terms of the number of daily users during the New Year holidays. The peak number of VK Video users reached 42 million on January 8. Rutube ranks third in terms of the number of daily visitors.