R22 Continues Dynamic Growth: Q1 FY2018/2019 Revenues Up 34.5%

R22 reported Q1 FY2018/2019 revenues of PLN 31m (+34.5% YoY) and net profit of PLN 3.7m (+27.8%), driven by expansion in Romania with mxHost, xServers, and GazduireWeb, investments in User.com and Appchance, and a customer base of 240,000.

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R22 reported Q1 FY2018/2019 net revenues of PLN 31m (+34.5% YoY), EBITDA of PLN 8.1m, and net profit of PLN 3.7m (+27.8%). The results were driven by continued expansion in Romania through the mxHost, xServers, and GazduireWeb brands, strategic investments in User.com and Appchance, and a growing customer base of 240,000 in Poland and Romania.

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