1 trillion rubles in turnover in 9 months - Yandex financial services passed this milestone for the first time before the end of the year. In the third quarter alone, GMV grew by 54% year-on-year, to 431 billion rubles. For the third quarter in a row, fintech remains the company's fastest-growing area in terms of revenue: up 49% year-on-year, up to 35.2 billion rubles. The adjusted events of the region increased by 34%, to 0.7 billion rubles. Profitability - 1.9%. Fintech increases volumes and maintains positive results. At the same time, already 62% of the turnover comes from activities outside of Yandex. Expanding the use of financial products on external platforms creates additional potential for revenue growth. For investors, both scope and sources of growth are important here. Fintech has already passed the trillion dollar milestone in nine months and is increasingly active in the foreign market. After that, you should monitor how the increase in volumes will affect profitability.

1 trillion rubles in turnover in 9 months - Yandex financial services passed this milestone for the first time before the end of the year. In the third quarter alone, GMV grew by 54% year-on-year, to 431 billion rubles. For the third quarter in a row, fintech remains the company's fastest-growing area in terms of revenue: up 49% year-on-year, up to 35.2 billion rubles. The adjusted events of the region increased by 34%, to 0.7 billion rubles. Profitability - 1.9%. Fintech increases volumes and maintains positive results. At the same time, already 62% of the turnover comes from activities outside of Yandex. Expanding the use of financial products on external platforms creates additional potential for revenue growth. For investors, both scope and sources of growth are important here. Fintech has already passed the trillion dollar milestone in nine months and is increasingly active in the foreign market. After that, you should monitor how the increase in volumes will affect profitability.