VK's net profit 2010-2023

The net profit of VK has been fluctuating over the period under consideration. For the consecutive years from 2020 to 2022, the company reported net losses. However, there was an improvement in 2023 compared to the past three years' financial results, with the net profit measuring at approximately thirty four billion Russian rubles.

History and financial highlights

 VK, formerly Mail.ru Group, is one of the largest internet companies in Russia, owning major leading social media websites in the Russian-speaking segment of the internet, such as VKontakte, Odnoklassniki, and Moi Mir. The company's annual revenue was close to 133 billion Russian rubles in 2023. Given the group’s dominance of the Russian social media space, the company yields the most substantial revenues from the online advertising segment.

RuNet’s largest companies

 As of 2023, Yandex was the largest internet company in Russia, with an estimated market value of 10.2  million U.S. dollars. Wildberries listed second with a worth approximately 0.96 times lower compared to the former. Ozon made it into the top three largest companies of the Russian-language internet, with an estimated worth exceeding 5.2 billion U.S. dollars.