Telegram Info English
Telegram is Now Profitable Pavel Durov announced on his channel that, for the first time in its history, Telegram has become a profitable platform. The founder of the messenger shared some key figures: • The number of Telegram Premium subscribers has tripled…
Financial Performance of Telegram in 2024 and New Debt Issuance
Telegram is issuing bonds worth approximately $1.5 billion to refinance its existing debt. The issuance started on Tuesday and may be completed as early as next week.
According to Financial Times, the company stated that an investigation in France concerning Pavel Durov could pose an obstacle to conducting an IPO. The documents indicate that the matter could be resolved this year, but the final timeline depends on the progress of the investigation.
Key financial figures:
• Telegram's revenue for 2024 amounted to $1.4 billion ($343 million in 2023).
• Profit reached $540 million (compared to a $173 million loss in 2023).
• Around 50% of revenue came from partnership projects and mini-apps based on TON and Toncoin.
• Advertising revenue totaled $250 million, while Premium subscription revenue reached $292 million.
• As of February 2025, the company had $530 million in its accounts (excluding crypto assets).
• In 2025, revenue is expected to grow to $2 billion, with profits projected to reach $720 million.
Telegram considers an IPO as one of its potential development strategies, but legal restrictions imposed on Pavel Durov could influence investor decisions.
#IPO #profit
Telegram is issuing bonds worth approximately $1.5 billion to refinance its existing debt. The issuance started on Tuesday and may be completed as early as next week.
According to Financial Times, the company stated that an investigation in France concerning Pavel Durov could pose an obstacle to conducting an IPO. The documents indicate that the matter could be resolved this year, but the final timeline depends on the progress of the investigation.
Key financial figures:
• Telegram's revenue for 2024 amounted to $1.4 billion ($343 million in 2023).
• Profit reached $540 million (compared to a $173 million loss in 2023).
• Around 50% of revenue came from partnership projects and mini-apps based on TON and Toncoin.
• Advertising revenue totaled $250 million, while Premium subscription revenue reached $292 million.
• As of February 2025, the company had $530 million in its accounts (excluding crypto assets).
• In 2025, revenue is expected to grow to $2 billion, with profits projected to reach $720 million.
Telegram considers an IPO as one of its potential development strategies, but legal restrictions imposed on Pavel Durov could influence investor decisions.
#IPO #profit
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Telegram Info English
Financial Performance of Telegram in 2024 and New Debt Issuance Telegram is issuing bonds worth approximately $1.5 billion to refinance its existing debt. The issuance started on Tuesday and may be completed as early as next week. According to Financial…
Telegram Issues $1.7 Billion in Bonds to Repay Debt
Telegram has successfully issued $1.7 billion in convertible bonds with a 9% annual interest rate. The transaction aims to refinance existing debt and raise new capital — $955 million will be used to buy back bonds, while $745 million will support platform development.
Investors received an option to convert the bonds into shares at 80% of the IPO price if Telegram goes public before the bonds mature. The placement concluded on May 28, with settlements expected by June 5.
Key Figures:
• Coupon rate: 9% (previously 7% in 2021)
• Users: over 1 billion
• Revenue for 2024: $1 billion
• Cash reserves: $500+ million (excluding crypto)
The chart shows how Telegram’s bonds have recovered after their decline in 2022. Currently, they are trading at 99.7% of face value.
#IPO #Profit #Bonds
Telegram has successfully issued $1.7 billion in convertible bonds with a 9% annual interest rate. The transaction aims to refinance existing debt and raise new capital — $955 million will be used to buy back bonds, while $745 million will support platform development.
Investors received an option to convert the bonds into shares at 80% of the IPO price if Telegram goes public before the bonds mature. The placement concluded on May 28, with settlements expected by June 5.
Key Figures:
• Coupon rate: 9% (previously 7% in 2021)
• Users: over 1 billion
• Revenue for 2024: $1 billion
• Cash reserves: $500+ million (excluding crypto)
The chart shows how Telegram’s bonds have recovered after their decline in 2022. Currently, they are trading at 99.7% of face value.
#IPO #Profit #Bonds
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