2025
2024
2023
2022
2021
2020
December Quarter and Full Year Results
September Quarter Results
December Quarter and Full Year Results
September Quarter Results
December Quarter and Full Year Results
September Quarter Results
December Quarter and Full Year Results
September Quarter Results
December Quarter and Full Year Results
Key ratios and KPIs
Annual
Quarterly data for 2025
Quarterly data for 2024
Quarterly data for 2023
Quarterly data for 2022
Quarterly data for 2021
Quarterly data for 2020
PLN million, unless otherwise stated 2018
2019
2020
2021
2022
2023
2024
Revenue 736.9
1,242.6
2,528.1
4,602.2
7,079.1
8,862.7
10,945.2
Reported EBITDA 109.7
350.1
983.6
1,436.1
1,914.4
2,647.9
3,450.2
Margin % 14.9% 28.2% 38.9% 31.2% 27.0% 29.9% 31.5%
Adjusted EBITDA1 113.5
351.8
993.7
1,626.4
1,961.4
2,733.1
3,648.4
Margin % 15.4% 28.3% 39.3% 35.3% 27.7% 30.8% 33.3%
EBIT -36.7
128.6
627.5
826.4
942.1
1,498.8
1,960.0
Margin % -5.0% 10.3% 24.8% 18.0% 13.3% 16.9% 17.9%
Net profit 0.3
54.0
351.5
491.3
456.5
647.4
1,247.2
Margin % 0.0% 4.3% 13.9% 10.7% 6.4% 7.3% 11.4%
CAPEX 135.7
319.7
536.5
935.6
1,115.7
1,019.6
1,399.8
Net debt/adjusted EBITDA1, 2 5.0
2.2
1.2
3.3
3.2
2.2
1.9
Units 2018
2019
2020
2021
2022
2023
2024
Out-of-home points 7,090
10,066
14,066
41,948
54,059
66,064
81,112
of which APMs 5,596
8,352
12,254
20,367
27,939
35,449
46,955
of which Poland 4,339 7,186 10,776 16,445 19,306 21,969 25,269
of which France N/A N/A N/A 313 2,417 4,505 6,927
of which UK 913 822 1,134 3,150 4,835 6,409 9,243
of which other markets 344 344 344 459 1,381 2,566 5,516
of which PUDOs 1,494
1,714
1,812
21,581
26,120
30,615
34,157
Million 2018
2019
2020
2021
2022
2023
2024
Parcel volume 83.2
143.9
309.9
517.6
744.9
891.9
1,091.6
of which Poland 82.5 143.4 307.7 424.3 508.4 589.5 709.2
of which Mondial Relay3 N/A N/A N/A 84.9 213.2 239.9 266.7
of which International (UK & IT) 0.7 0.5 2.2 8.4 23.4 62.5 115.7
PLN million, unless otherwise stated Q1
Q2
Q3
Q4
Revenue 2,951.9
Reported EBITDA 907.4
Mar gin % 30.7%
Adjusted EBITDA1 940.2
M argin % 31.9%
EBIT 461.6
Margin % 15.6%
Net profit 183.7
Margin % 6.2%
CAPEX 340.6
Net debt/adjusted EBITDA1, 2 1.9
Units Q1
Q2
Q3
Q4
Out-of-home points 83,172
of which APMs 49,808
of which Poland 25,949
of which France 7,542
of which UK 10,063
of which other markets 6,254
of which PUDOs 33,364
Million Q1
Q2
Q3
Q4
Parcel volume 271.7
of which Poland 174.2
of which Eurozone 73.5
of which UK 24.0
PLN million, unless otherwise stated Q1
Q2
Q3
Q4
Revenue 2,425.7
2,623.0
2,535.2
3,361.3
Reported EBITDA 739.9
837.9
795.5
1,076.9
Mar gin % 30.5% 31.9% 31.4% 32.0%
Adjusted EBITDA1 760.1
887.3
852.7
1,148.3
M argin % 31.3% 33.8% 33.6% 34.2%
EBIT 428.7
483.5
413.7
634.1
Margin % 17.7% 18.4% 16.3% 18.9%
Net profit 256.3
336.4
254.5
400.0
Margin % 10.6% 12.8% 10.0% 11.9%
CAPEX 245.8
342
398.5
413.5
Net debt/adjusted EBITDA1, 2 2.0
1.95
1.9
1.9
Units Q1
Q2
Q3
Q4
Out-of-home points 69,379
73,636
78,721
81,112
of which APMs 37,703
40,671
43,812
46,955
of which Poland 22,654 23,470 24,340 25,269
of which France 5,140 5,711 6,288 6,927
of which UK 6,828 7,502 8,395 9,243
of which other markets 3,081 3,988 4,789 5,516
of which PUDOs 31,676
32,965
34,909
34,157
Million Q1
Q2
Q3
Q4
Parcel volume 242.6
264.4
262.5
322.0
of which Poland 159.0 170.4 170.0 209.8
of which Mondial Relay3 61.6 64.9 62.3 77.8
of which International (UK & IT) 22.0 29.1 30.1 34.5
PLN million, unless otherwise stated Q1
Q2
Q3
Q4
Revenue 1,995.9
2,140.5
2,067.2
2,659.1
Reported EBITDA 545.5
675.8
608.2
818.4
Mar gin % 27.3% 31.6% 29.4% 30.8%
Adjusted EBITDA1 557.3
690.1
639.4
846.3
M argin % 27.9% 32.2% 30.9% 31.8%
EBIT 267.7
385.5
331.5
514.1
Margin % 13.4% 18.0% 16.0% 19.3%
Net profit 115.9
128.0
250.4
153.1
Margin % 5.8% 6.0% 12.1% 5.8%
CAPEX 222.6
244.5
239.4
313.1
Net debt/adjusted EBITDA1, 2 3.0
2.7
2.6
2.2
Units Q1
Q2
Q3
Q4
Out-of-home points 57,135
59,640
61,873
66,064
of which APMs 29,765
31,443
32,943
35,449
of which Poland 20,025 20,652 21,227 21,969
of which France 3,040 3,585 3,955 4,505
of which UK 5,137 5,403 5,710 6,409
of which other markets 1,563 1,803 2,051 2,566
of which PUDOs 27,370
28,197
28,930
30,615
Million Q1
Q2
Q3
Q4
Parcel volume 198.7
214.7
210.4
268.2
of which Poland 132.0 141.6 140.4 175.4
of which Mondial Relay3 56.3 59.8 53.2 70.6
of which International (UK & IT) 10.3 13.3 16.8 22.1
PLN million, unless otherwise stated Q1
Q2
Q3
Q4
Revenue 1,542.1
1,696.5
1,690.4
2,150.1
Reported EBITDA 403.3
505.9
445.1
560.1
Margin % 26.2% 29.8% 26.3% 26.0%
Adjusted EBITDA1 409.1
511.0
455.8
585.5
Margin % 26.5% 30.1% 27.0% 27.2%
EBIT 196.8
268.7
189.5
287.1
Margin % 12.8% 15.8% 11.2% 13.4%
Net profit 69.4
216.9
142.4
27.8
Margin % 4.5% 12.8% 8.4% 1.3%
CAPEX 308
273.8
262.8
271.1
Net debt/adjusted EBITDA1, 2 3.3
3.2
3.2
3.2
Units Q1
Q2
Q3
Q4
Out-of-home points 44,710
51,600
54,278
54,059
of which APMs 22,272
24,266
26,330
27,939
of which Poland 17,357 18,418 19,254 19,306
of which France 651 1,012 1,653 2,417
of which UK 3,583 3,935 4,333 4,835
of which other markets 681 901 1,090 1,381
of which PUDOs 22,438
27,334
27,948
26,120
Million Q1
Q2
Q3
Q4
Parcel volume 164.2
179.9
178.8
222.1
of which Poland 112.1 122.8 124.1 149.4
of which Mondial Relay3 48.3 52.0 48.2 64.7
of which International (UK & IT) 3.8 5.1 6.6 8.0
PLN million, unless otherwise stated Q1
Q2
Q3
Q4
Revenue 793.1
857.6
1,274.5
1,677.0
Reported EBITDA 263.2
310.1
387.9
474.9
Margin % 33.2% 36.2% 30.4% 28.3%
Adjusted EBITDA1 332.2
362.4
408.7
523.1
Margin % 41.9% 42.3% 32.1% 31.2%
EBIT 144.5
186.9
221.1
273.9
Margin % 18.2% 21.8% 17.3% 16.3%
Net profit 97.8
90.3
129.0
174.2
Margin % 12.3% 10.5% 10.1% 10.4%
CAPEX 158.6
170.4
284.8
321.8
Net debt/adjusted EBITDA1, 2 2.0
1.9
3.5
3.3
Units Q1
Q2
Q3
Q4
Out-of-home points 15,789
18,392
38,487
41,948
of which APMs 13,488
15,566
17,994
20,367
of which Poland 11,743 13,347 14,952 16,445
of which France N/A N/A 138 313
of which UK 1,413 1,881 2,518 3,150
of which other markets 332 338 386 459
of which PUDOs 2,301
2,826
20,493
21,581
Million Q1
Q2
Q3
Q4
Parcel volume 98.0
104.0
135.3
180.3
of which Poland 96.6 102.5 98.6 126.6
of which Mondial Relay3 N/A N/A 34.8 50.1
of which International (UK & IT) 1.4 1.5 1.9 3.6
PLN million, unless otherwise stated Q1
Q2
Q3
Q4
Revenue 412.0
659.9
604.6
851.6
Reported EBITDA 135.4
264.3
234.4
349.5
Margin % 32.9% 40.1% 38.8% 41.0%
Adjusted EBITDA1 136.3
265.1
235.8
356.5
Margin % 33.1% 40.2% 39.0% 41.9%
EBIT 61.6
186.6
143.5
235.8
Margin % 15.0% 28.3% 23.7% 27.7%
Net profit -11.2
126.0
92.7
144.0
Margin % -2.7% 19.1% 15.3% 16.9%
CAPEX 94.5
120.8
177.7
143.5
Net debt/adjusted EBITDA1, 2 N/A
1.4
1.2
1.2
Units Q1
Q2
Q3
Q4
Out-of-home points 10,907
11,435
12,801
14,066
of which APMs 9,236
9,967
11,071
12,254
of which Poland 8,060 8,728 9,783 10,776
of which France N/A N/A N/A N/A
of which UK 832 895 944 1,134
of which other markets 344 344 344 344
of which PUDOs 1,671
1,468
1,730
1,812
Million Q1
Q2
Q3
Q4
Parcel volume 49.1
81.7
73.7
105.4
of which Poland 48.9 81.2 73.2 104.4
of which Mondial Relay3 N/A N/A N/A N/A
of which International (UK & IT) 0.2 0.5 0.5 1.0
1 Adjusted EBITDA facilitates period-to-period comparisons by removing the impact of its asset base (Amortisation and Depreciation) or capital/financing structure (Net financial costs), but also impact of expenses arising from the Management Incentive Plan (MIP) or any other employee incentive plans that will follow and costs related to certain material transactions such as IPO or M&A processes, which the management of the Group considers not related to day to day operations.
2 Last twelve months Net Leverage
3 Actual numbers include MR results since July 1, 2021 (date of acquisition MR to InPost Group)Certain figures presented above, including financial information, have been subject to rounding adjustments. Accordingly, in certain instances, the sum or percentage change of the number presented above may not conform exactly to the total figure given.
