R22 Posts Nearly 80% Net Profit Growth in Q1 2021; Vercom IPO Raises PLN 170m

R22 reported Q1 2021 revenues of PLN 67.3m (+36% YoY), EBITDA of PLN 17.7m (+27%), and net profit attributable to parent shareholders of PLN 6.9m (+77%). Vercom completed its IPO on 8 May, raising approximately PLN 170m net to fund up to PLN 250m in acquisitions.

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R22 reported Q1 2021 revenues of PLN 67.3m (+36% YoY), EBITDA of PLN 17.7m (+27%), and net profit attributable to parent shareholders of PLN 6.9m (+77% YoY). Vercom completed its IPO on 8 May 2021, raising approximately PLN 170m net, giving the company the capacity to invest up to PLN 250m in acquisitions.