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Vodafone Ukraine's Financial Performance for 2024

An overview of Vodafone Ukraine's financial metrics for 2024, covering revenue, profit, and user count.

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In 2024, "Vodafone Ukraine" reported a revenue increase of 13.1%, amounting to 24.44 billion UAH. However, profit decreased by 30.1%, totaling 3.54 billion UAH.

This information was released on April 4.

"The net profit of "Vodafone Ukraine" stands at 3.5 billion UAH, which is 30% lower than in 2023. This decline is attributed to losses from currency fluctuations due to an 11% rise in the USD to UAH exchange rate, as well as a partial reduction in operational profit," the company stated in its press release.

The number of users of "Vodafone Ukraine" decreased by 0.7% in 2024, reaching 15.8 million.

In 2024, the company increased its capital investments by 10%, totaling 6.2 billion UAH.

As a reminder:

In January 2025, 145,000 numbers were transferred under the MNP service, allowing users to switch operators while keeping their numbers. "Vodafone Ukraine" lost 31,990 subscribers, while the new operator gained 17,280.