InPost had PLN 174.2 million in net profit, PLN 523.1 million adjusted. EBITDA in Q4 2021

InPost recorded PLN 174.2 million of consolidated net profit from continued operations in Q4 2021 compared to PLN 144 million profit a year earlier, the company said in the report.

The operating profit amounted to PLN 273.9 million compared to PLN 235.8 million profit a year earlier.

InPost recorded PLN 523.1 million of adjusted EBITDA in Q4 2021, which means an increase by 46.7% y / y.

"In the fourth quarter of 2021, compared to the corresponding period of the previous year, the revenues of the InPost Group increased by 96.9% (to PLN 1,677 million). Of which 73 percentage points. are the result of the acquisition of Mondial Relay. InPost's revenue growth, excluding Mondial Relay, in the fourth quarter of 2021 was 23.9%. In the same period, the adjusted EBITDA increased by 46.7% to PLN 523.1 million, with 29 percentage points increasing. was the result of the consolidation of Mondial Relay, and 17.7% resulted from the organic growth of EBITDA on the existing InPost markets, ”reads the announcement on the results.

“2021 was another period of strong growth for us. Our parcel lockers are not only the most frequently chosen by customers, but also the most environmentally friendly form of delivery in e-commerce. We increased our market share by installing nine times more cubicles than all our competitors combined. We currently have over 2.4 million lockers, which means 96% of all available on the entire Polish market. For more than half of the inhabitants of Poland, our parcel lockers are within a 7-minute walk. This translates into our industry-leading NPS (Net Promoter Score), a measure of customer recognition for our services. For Paczkomaty it had a value of 75 points last year, breaking its record for another year in a row ”- commented Rafał Brzoska, founder and president of InPost, quoted in the release.

InPost is a delivery platform for e-commerce. Established in 1999 by Rafał Brzoska in Poland, InPost has a network of parcel lockers in Poland, Great Britain and Italy, and also provides courier and fullfilment services for e-commerce sellers in Poland. In July 2021, he finalized the acquisition of the French company Mondial Relay. In January 2021, InPost made its debut on the Euronext Amsterdam stock exchange.

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