R22 Group Net Profit Grows Over 50% in 2020; Full-Year Revenues PLN 222.7m

R22 Group delivered 2020 revenues of PLN 222.7m (+31% YoY), EBITDA of PLN 61.6m (+26%), and adjusted net profit of PLN 22.1m (+61%). Q4 2020 revenues reached PLN 70.9m (+48%), with cyber_Folks surpassing 100,000 customers.

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R22 Group posted 2020 revenues of PLN 222.7m (+31% YoY), EBITDA of PLN 61.6m (+26%), and adjusted net profit of PLN 22.1m (+61%). Q4 2020 revenues reached PLN 70.9m (+48%), with EBITDA of PLN 18.4m (+36%). cyber_Folks surpassed 100,000 customers. One-off write-downs of PLN 2.1m were recorded in relation to the Linuxpl.com and Hekko brands.