Pavel Durov says that Telegram is now profitable

Telegraph Inventor Pavel Durov he said Monday that the company is now profitable. Durov said that the total revenue of the chat program will exceed $ 1 billion in 2024.

The company, which started its own premium subscription services in 2022they now have 12 million paid users. Durov also said that the program ends the year with more than $500 million, without counting its cryptocurrencies.

A Telegraph executive said the company paid off most of its debt this fall.

“Over the past four years, Telegalam has issued loans of about $2 billion. We repaid a large portion this fall, taking advantage of the good prices of Telegalam’s bonds. But there is a lot of work ahead,” Durov said. post on X.

Earlier this year, in an interview with and the Financial TimesDurov said the company would benefit in 2025and his intention was to become public in the future.

Telegram, which has more than 950 million monthly usershe has released business productsadded ad revenue sharing function, let developers earn money money through paid video contentand started mini app store.