The aggregate segment revenue from July to September increased by 19.9% year on year and amounted to 26.37 billion rubles (equivalent to $345 million) In the first nine months of the year, the aggregate segment revenue increased by 20.1% compared to the same period in 2019 and reached 74.2 billion rubles ($975 million)
Advertising revenues in Q3 increased by 5% to 9.5 billion rubles ($124 million). Excluding search advertising revenues, the advertising revenues increased by 8.6% to 9.4 billion rubles. ($123 million).
Community IVAS revenues in Q3 reached 4.2 billion rubles ($55 million), a 8.3% increase. The company expects that in the future the growth of community IVAS revenues will remain below 10%, and their percentage in the structure of total revenues will decline. Other revenues in the third quarter increased by 63.7% year on year and amounted to 3 billion rubles. The LFL revenue growth of Mail.ru Group is expected at 17-19%, and the revenues may reach 103 billion rubles. EBITDA margin is expected at 24-27%.Mail.ru Group Unaudited IFRS results for Q3 2020
Russian Direct Investment Fund (RDIF)