Today LSE-listed Mail.Ru Group, one of the leaders of the Internet market in Russians-speaking countries, released its financial results for the year ended 31 December 2018.
This year saw the group’s revenue – including those of recently acquired UMA, grow 32.5% y-o-y to 75.26 billion rubles (approximately $1.85 billion), while its EBITDA reached 22.22 billion rubles ($320 million).
Group aggregate net profit grew 6.4% to 14,1 billion rubles, including one-off non-cash impairment charge of 1,7 billion rubles in Q2 2018. Ex this charge, net profit grew 19.2%.
Mail.Ru Group revenues grew to $1.85 billion in 2018, up 32.5% year-on-yearRead More
