Adjusted net profit for the fourth quarter amounted to RUB 747 million

[tanjimajuha20]

Yandex announced unaudited financial results for the fourth quarter and 12 months of 2022. The company increased revenue in all segments . According to the results of the fourth quarter, Yandex 's total revenue increased by 49% year-on-year and amounted to RUB 164.8 billion . According to the results of the year, revenue increased by 46% compared to 2021 and amounted to RUB 521.7 billion.

, and for the year - RUB 10.8 billion venezuela mobile number database which is 35% more compared to 2021. The adjusted EBITDA margin increased by 3.3 percentage points for the year and amounted to 12.3% .

At the end of 2022 , the share of the "search and portal" segment in the group's total revenue was 39%. The increase in revenue is due to the good results of the Yandex advertising network and the growth of advertising revenue in the search engine. The results were also influenced by ongoing investments in the development of advertising technologies and products, primarily for the e-commerce segment, for small and medium businesses and the growth of the share on the iOS platform. These investments directly influenced the growth of the market share against the backdrop of a changing competitive environment. The small and medium business sector continues to be the main driver of revenue growth in the segment.

According to the results of 2022 , the share of the ridetech segment ( including the Taxi service , Drive carsharing and scooter rental service ) in the group's total revenue amounted to 21% .

According to the results of 2022 , the share of the e- commerce segment ( including the Market marketplace , the Food , Lavka and Delivery Club delivery services , as well as the Delivery service ) in the group 's total revenue amounted to 17% .

E - commerce turnover in 2022 almost doubled compared to 2021 and amounted to RUB 308 billion. The range of goods on the Market marketplace in Q4 2022 more than doubled compared to last year and amounted to 47 million items at the end of January 2023. The number of active buyers on the marketplace increased by 43% compared to last year - up to 14 million at the end of 2022. The number of active sellers increased by 83% and amounted to 43.7 thousand by the end of the year.

Despite the growth in indicators, the segment continues to be unprofitable for Yandex . The group's adjusted EBITDA loss in Q4 2022 amounted to RUB 10.6 billion , compared to a loss of RUB 7.3 billion a year earlier.