New York Times:

Source: in a first, Telegram is set to be profitable in 2024, with $1B+ in revenue, up from ~$350M in 2023, and $500M cash, as it grapples with billions in debt  —  Even as Telegram faces legal scrutiny and grapples with billions in debt, it is set to be profitable for the first time as it tries cryptocurrencies, subscriptions and ads.