TikTok’s UK subsidiary has published its latest financial results covering operations in Europe, the UK, Latin America and Africa. The report shows revenue growth of 38% to $6.31bn in 2024, while the company significantly reduced its operating losses from $1.37bn in 2023 to $484.6m last year.
Filed with Companies House in the UK, these results primarily address financial performance rather than user statistics. However, earlier this year TikTok separately disclosed user numbers for the European Union. The platform reached 159 million monthly active users across the EU by the end of 2024, with its largest markets being France (25.1 million), Germany (24.2 million), Italy (22.8 million) and Spain (21.9 million).