KYIV, Oct 25 – The combined revenue of the top 30 IT companies, which represent 42% of Ukraine's total IT market revenue, decreased by 9.7% in 2023 compared to 2022, amounting to $2.47 billion, according to a report by the Better Regulation Delivery Office (BRDO) in its IT & Telecom sector.

The net profit of these companies dropped by 3% to $295 million, and paid profit tax declined by 12.5%, totaling $53 million, as outlined in the BRDO report. The findings are based on data from the State Statistics Service and aggregated by YouControl.