R22 Posts Best Quarter in History: Q3 2022 Revenues Up ~50%, EBITDA Up 44%

R22 delivered its best-ever quarter in Q3 2022: revenues of PLN 108.4m (~+50% YoY) and EBITDA of PLN 27.9m (+44%). MailerLite revenues reached PLN 21.2m (+41%), with 43,300 clients. EBITDA-to-operating cash flow conversion stood at 90%.

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R22 delivered its best-ever quarter in Q3 2022: revenues of PLN 108.4m (~50% growth YoY) and EBITDA of PLN 27.9m (+44%). MailerLite revenues reached PLN 21.2m (+41%) with 43,300 clients. EBITDA-to-operating cash flow conversion stood at 90%. PLN 10m in dividends was paid from 2021 profits.

The quality of our business is reflected in the very strong cash conversion — our EBITDA reliably translates into operating cash flow. This means that the capital we generate is real and available to fund further growth, said Robert Stasik, Deputy CEO of R22.