diff --git a/kotlin-native/tools/performance-server/build.gradle b/kotlin-native/tools/performance-server/build.gradle
deleted file mode 100644
index e3123a67658..00000000000
--- a/kotlin-native/tools/performance-server/build.gradle
+++ /dev/null
@@ -1,62 +0,0 @@
-buildscript {
-    ext.rootBuildDirectory = file('../..')
-
-    ext {
-        def properties = new java.util.Properties()
-        properties.load(new java.io.FileReader(project.file("$rootBuildDirectory/../gradle.properties")))
-        properties.each { k, v->
-            def key = k as String
-            def value = project.findProperty(key) ?: v
-            project.logger.info("${project.name} $key: $value")
-            set(key, value)
-        }
-    }
-
-    ext["withoutEmbedabble"] = true
-    MiscKt.kotlinInit(project, findProperty("cacheRedirectorEnabled")?.toString()?.toBoolean() ?: false)
-    ext["bootstrapKotlinRepo"] = BootstrapKt.getBootstrapKotlinRepo(project)
-    ext["bootstrapKotlinVersion"] = BootstrapKt.getBootstrapKotlinVersion(project)
-    ext["kotlinVersion"] = project.bootstrapKotlinVersion
-
-    apply from: "$rootBuildDirectory/gradle/loadRootProperties.gradle"
-    apply from: "$rootBuildDirectory/gradle/kotlinGradlePlugin.gradle"
-}
-
-plugins {
-    id("org.jetbrains.kotlin.multiplatform")
-}
-
-repositories {
-    mavenCentral()
-}
-
-kotlin {
-    sourceSets {
-        commonMain {
-            dependencies {
-                implementation "org.jetbrains.kotlin:kotlin-stdlib-common:$kotlinVersion"
-            }
-            kotlin.srcDir '../benchmarks/shared/src'
-        }
-        jsMain {
-            dependencies {
-                implementation "org.jetbrains.kotlin:kotlin-stdlib-js:$kotlinVersion"
-                implementation(npm("aws-sdk", "~2.670.0"))
-            }
-            kotlin.srcDir 'src/main/kotlin'
-            kotlin.srcDir 'src/main/kotlin-js'
-            kotlin.srcDir 'shared/src/main/kotlin'
-        }
-    }
-
-    targets {
-        fromPreset(presets.js, 'js') {
-            nodejs()
-            compilations.main.kotlinOptions {
-                outputFile = "${projectDir}/server/app.js"
-                moduleKind = "commonjs"
-                sourceMap = true
-            }
-        }
-    }
-}
diff --git a/kotlin-native/tools/performance-server/build.gradle.kts b/kotlin-native/tools/performance-server/build.gradle.kts
new file mode 100644
index 00000000000..f3915ec543f
--- /dev/null
+++ b/kotlin-native/tools/performance-server/build.gradle.kts
@@ -0,0 +1,77 @@
+import org.jetbrains.kotlin.gradle.dsl.JsModuleKind.MODULE_COMMONJS
+import org.jetbrains.kotlin.gradle.targets.js.ir.KotlinJsIrLink
+
+buildscript {
+    val rootBuildDirectory by extra(file("../.."))
+
+    java.util.Properties().also {
+        it.load(java.io.FileReader(project.file("$rootBuildDirectory/../gradle.properties")))
+    }.forEach { k, v ->
+        val key = k as String
+        val value = project.findProperty(key) ?: v
+        extra[key] = value
+    }
+
+    extra["withoutEmbedabble"] = true
+    project.kotlinInit(findProperty("cacheRedirectorEnabled")?.toString()?.toBoolean() ?: false)
+    val bootstrapKotlinVersion: String by extra(project.bootstrapKotlinVersion)
+    val kotlinVersion: String by extra(bootstrapKotlinVersion)
+
+    apply(from = "$rootBuildDirectory/gradle/loadRootProperties.gradle")
+    apply(from = "$rootBuildDirectory/gradle/kotlinGradlePlugin.gradle")
+}
+
+plugins {
+    kotlin("multiplatform")
+}
+
+val kotlinVersion: String by extra(bootstrapKotlinVersion)
+
+repositories {
+    mavenCentral()
+}
+
+kotlin {
+    sourceSets {
+        val commonMain by getting {
+            dependencies {
+                implementation("org.jetbrains.kotlin:kotlin-stdlib-common:$kotlinVersion")
+            }
+            kotlin.srcDir("../benchmarks/shared/src")
+        }
+        val jsMain by creating {
+            dependencies {
+                implementation("org.jetbrains.kotlin:kotlin-stdlib-js:$kotlinVersion")
+                implementation(npm("body-parser", "~1.20.0"))
+                implementation(npm("debug", "~4.3.4"))
+                implementation(npm("ejs", "~3.1.7"))
+                implementation(npm("express", "~4.18.1"))
+                implementation(npm("kotlin", "~1.6.20"))
+                implementation(npm("node-fetch", "~2.6.6"))
+            }
+            kotlin {
+                srcDir("src/main/kotlin")
+                srcDir("src/main/kotlin-js")
+                srcDir("shared/src/main/kotlin")
+            }
+        }
+    }
+
+    targets {
+        js {
+            moduleName = "app"
+            nodejs()
+            compilations.all {
+                compilerOptions.configure {
+                    moduleKind.set(MODULE_COMMONJS)
+                    sourceMap.set(true)
+                }
+            }
+            binaries.executable()
+        }
+    }
+}
+
+tasks.withType<KotlinJsIrLink> {
+    destinationDirectory.set(project.file("server"))
+}
\ No newline at end of file