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Learn moreR22 Group reported net revenues of PLN 392.1m in 2022, a 32.2% increase compared to consolidated results in 2021. Adjusted EBITDA for the period reached PLN 103.6m (+34% YoY). The record results reflect the Group’s dynamic organic growth, successful acquisitions, and strong performance of MailerLite.
– All indications are that in 2022 we surpassed PLN 100m EBITDA for the first time. Our investments have consistently paid off. Group revenues are growing, we are developing rapidly, acquiring new customers and launching new products. We are now focused on organic growth, expanding our offering for fast-growing sectors — including e-commerce — and international expansion. Scaling globally means PLN 100m EBITDA is just a milestone in our journey. Our plans are very ambitious, said Jakub Dwernicki, CEO of R22.
In 2022, R22 Group accelerated its global expansion, serving 340,000 customers in over 100 countries. This positively impacted financial results, alongside strong organic growth in both core segments (cyber_Folks and CPaaS) and the dynamic performance of MailerLite, acquired in mid-2022.
In Q4 2022, R22 Group revenues reached PLN 112.7m (+29.3% YoY), with adjusted EBITDA of PLN 31.8m (+52.6% YoY).
In February 2023, cyber_Folks — a subsidiary of R22 — launched a management incentive programme for key Group employees, with a target of doubling EBITDA over three years.
Selected estimated consolidated financial data for R22 Group, FY2022 (12 months):
– Net revenues
01.01.2022–31.12.2022: PLN 392,117k
01.01.2021–31.12.2021: PLN 296,600k
– Adjusted EBITDA
01.01.2022–31.12.2022: PLN 103,561k (EBITDA margin: 26.4%)
01.01.2021–31.12.2021: PLN 77,211k (EBITDA margin: 26.0%)
Selected estimated consolidated financial data for R22 Group, Q4 2022 (3 months):
– Net revenues
01.10.2022–31.12.2022: PLN 112,738k
01.10.2021–31.12.2021: PLN 87,233k
– Adjusted EBITDA
01.10.2022–31.12.2022: PLN 31,835k (EBITDA margin: 28.2%)
01.10.2021–31.12.2021: PLN 20,859k (EBITDA margin: 23.9%)
