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VK reports 13% growth in IFRS revenues in H1 2025

Normalized EBITDA stood at $130.5 bln in the reporting period

MOSCOW, August 13. /TASS/. VK revenues under the International Financial Reporting Standards (IFRS) surged by 13% annually to 72.6 bln rubles ($910.9 mln) in the first half of 2025, the Russian tech holding said in its report.

Normalized EBITDA stood at 10.4 bln rubles ($130.5 bln) in the reporting period. EBITDA margin was 14%.

VK reduced its net debt by almost a half to 77 bln rubles ($966.2 mln) as of the end of the first six months of this year.