Over the years of the war, OLX in Ukraine has increased its profits eightfold—to nearly 1 billion hryvnia
8 April 18:42
The OLX platform in Ukraine has demonstrated steady growth in profits and revenue over the past four years
EMARKET UKRAINE LLC, the operator of the OLX online marketplace in Ukraine, has demonstrated significant growth in financial results over the past four years (since the start of the full-scale war in Ukraine, ed.) . This is evidenced by data from public registries and financialreports in the OpenDataBot system, according to "Komersant Ukrainian".
An analysis of the company’s financial indicators for 2022–2025 shows a steady increase in revenue and net profit, which is not a very common occurrence among Ukrainian technology and advertising companies during wartime.
Dynamics of key financial indicators (UAH)
| Year | Revenue | Net profit | Profitability |
| 2022 | 1,175,978,000 | 120,001,000 | 10.2% |
| 2023 | 2,155,217,000 | 493,849,000 | 22.9% |
| 2024 | 2,975,196,000 | 717,161,000 | 24.1% |
| 2025 | 3,496,161,000 | 994,141,000 | 28.4% |
Over the four years starting in 2022—the active phase of the full-scale war—the company’s revenue nearly tripled, and net profit increased more than eightfold.
Profitability also shows a stable upward trend, increasing every year.
Overall, an analysis of financial indicators points to the company’s successful adaptation to the changed business conditions during the war, including limited consumer demand.
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Activity in public procurement
EMARKET UKRAINE LLC also participates in public procurement, as reflected in publicly available tender data.
According to the registry, the company has at least 17 completed tenders in which it served as a provider of advertising and information services. Among its key clients are municipal and state entities, including:
- Kyiv City Council’s Municipal Enterprise “Financial Company ‘Zhytlo-Invest’” – over 700,000 UAH for advertising services;
- JSC “National Public Broadcasting Company of Ukraine” – over 134,000 UAH;
- Municipal Enterprise “Khmelnytskyi Elektrotrans” and other state-owned enterprises.
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