The cyberFolks.pl Group posted record results in the second quarter. From April to June this year, revenues rose 34% year-on-year to PLN116.8 million, and net profit was PLN19.6 million, an increase of 149% year-on-year. In the six-month period from January to June this year. The cyberFolks.pl Group generated PLN 227.3 million in revenue (+33% y/y), PLN 66.6 million in adjusted EBITDA (+52% y/y). Net profit was PLN 34.0 million (+92% y/y), and net profit attributable to shareholders of the parent company was PLN 19.3 million (+58% y/y).
According to the Company, the increases are due to the rapid growth of the Group's two segments - cyber_Folks and Vercom. The first is hosting and domains, e-commerce tools and online business support. The second segment, Vercom, is CPaaS services, including email or SMS communication tools, among others.
Today we present the valuation of cyberFolks.pl, prepared by companyvalueradar.com.
The cyberFolks.pl Group's portfolio includes technology entities in the areas of business digitization, support for enterprises in their online presence, automation of business processes, communications, marketing and sales. The company debuted on the Warsaw Stock Exchange in 2017.
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