Telegram’s revenue in 2024 amounted to more than $1 billion, the messenger’s founder Pavel Durov said.
“2024 was a very successful year for Telegram. For the first time in 3 years of its monetization, Telegram has become profitable,” Durov wrote on his Telegram channel.
According to him, the company’s cash reserves at the end of 2024 amounted to more than $500 million, excluding crypto assets.
The number of Telegram Premium subscribers tripled in 2024, exceeding 12 million, and advertising revenues “increased several times.”
Durov also said that over the past four years, Telegram has placed debt obligations worth about $2 billion, a significant portion of which was repaid in the fall of 2024.