Workflow
MyKyivstar
icon
Search documents
Kyivstar Group Reports Second Quarter 2025 Trading Update
Globenewswire· 2025-08-07 13:23
Core Insights - Kyivstar Group reported strong financial results for Q2 2025, showcasing resilience and growth in its digital operator strategy [3][5][6] - The integration of Uklon has significantly contributed to revenue and profitability, reinforcing Kyivstar's position in the market [3][5][6] Financial Performance - Total operating revenue reached USD 284 million, a 20.9% increase year-on-year in USD and 25.9% in local currency [5][6] - Profit for the period was USD 82 million, up 13.9% year-on-year in USD and 18.6% in local currency, with a profit margin of 28.9% [5][6] - Adjusted EBITDA was USD 165 million, reflecting an 18.7% year-on-year increase in USD and 23.6% in local currency, with an adjusted EBITDA margin of 58.1% [5][6] Digital Growth - Direct digital revenue now accounts for 10.3% of total operating revenue, with Uklon contributing USD 21.7 million in revenue and USD 9.3 million in adjusted EBITDA [5][6] - The Multiplay customer base increased by 23.7% year-on-year to 6.5 million, representing 31.7% of one-month active mobile customers [6] - Total digital monthly active users reached 13.4 million, a 51.2% increase from the previous year, including 3.5 million users from Uklon [6] Strategic Initiatives - The company is on track for its Nasdaq listing, which is expected to enhance its investment appeal and support Ukraine's digital transformation [3][13] - Kyivstar Group plans to invest USD 1 billion in Ukraine from 2023 to 2027, focusing on infrastructure and technological development [10]
Kyivstar Group Reports First Quarter 2025 Financial Results in Conjunction with its Nasdaq Listing Process
Globenewswire· 2025-06-05 21:00
Core Insights - Kyivstar Group reported strong financial results for Q1 2025, with total operating revenue reaching USD 255 million, a 37.1% increase year-on-year in USD terms and 49.6% in local currency [2][5][6] - The company achieved a profit of USD 44 million for the period, reflecting a 22.2% year-on-year increase in USD and a 33.7% increase in local currency terms, resulting in a profit margin of 17.3% [2][5][6] - Adjusted EBITDA for Q1 2025 was USD 140 million, up 50.5% year-on-year in USD and 64.6% in local currency, with an adjusted EBITDA margin of 54.9% [2][5][6] Financial Performance - Total operating revenue for Q1 2025 was USD 255 million, up 37.1% year-on-year in USD and 49.6% in local currency [2][5][6] - Profit for the period amounted to USD 44 million, a 22.2% increase year-on-year in USD and 33.7% in local currency [2][5][6] - Adjusted EBITDA reached USD 140 million, representing a 50.5% year-on-year increase in USD and 64.6% in local currency [2][5][6] Customer Growth - The Multiplay customer base increased by 40.7% year-on-year to 6.1 million, representing 29.5% of one-month-active mobile customers [6] - Total digital monthly active users across Kyivstar Group's digital applications reached 10.3 million in Q1 2025, up 32.9% from 7.7 million a year earlier [6] Strategic Initiatives - The company completed the acquisition of Uklon, a leading ride-hailing business, for approximately USD 155.2 million and increased its stake in Helsi, Ukraine's largest digital health platform, from 69.99% to 97.99% [5][14] - Kyivstar Group is progressing towards a listing on the Nasdaq Stock Market, with a registration statement filed in conjunction with a business combination with Cohen Circle [8][10]
Kyivstar Group Reports First Quarter 2025 Financial Results in Conjunction with its Nasdaq Listing Process
GlobeNewswire News Room· 2025-06-05 21:00
Core Insights - Kyivstar Group reported strong financial results for Q1 2025, with total operating revenue reaching USD 255 million, a 37.1% increase year-on-year in USD and 49.6% in local currency terms [2][6][7] - The company achieved a profit of USD 44 million for the period, reflecting a 22.2% year-on-year increase in USD and 33.7% in local currency terms, resulting in a profit margin of 17.3% [2][6][7] - Adjusted EBITDA for Q1 2025 was USD 140 million, up 50.5% year-on-year in USD and 64.6% in local currency terms, with an adjusted EBITDA margin of 54.9% [2][6][7] Financial Performance - Total operating revenue for Q1 2025 was USD 255 million, up 37.1% year-on-year in USD and 49.6% in local currency terms [2][6][7] - Profit for the period amounted to USD 44 million, a 22.2% increase year-on-year in USD and 33.7% in local currency terms [2][6][7] - Adjusted EBITDA reached USD 140 million, reflecting a 50.5% year-on-year increase in USD and 64.6% in local currency terms [2][6][7] Strategic Developments - The company completed the acquisition of Uklon, a leading ride-hailing business in Ukraine, for approximately USD 155.2 million [6][14] - Kyivstar Group increased its stake in Helsi, Ukraine's largest digital health platform, from 69.99% to 97.99% [6][14] - The company is progressing towards a listing on the Nasdaq Stock Market, following a business combination agreement with Cohen Circle Acquisition Corp. [5][9] Customer Growth - The Multiplay customer base grew by 40.7% year-on-year to 6.1 million customers, representing 29.5% of one-month-active mobile customers [7] - Total digital monthly active users across Kyivstar Group's digital applications reached 10.3 million in Q1 2025, up 32.9% from 7.7 million a year earlier [7]