2022
2021
2020
December Quarter and Full Year Results
September Quarter Results
December Quarter and Full Year Results
Key ratios and KPIs
Annual
2022
2021
2020
PLN million, unless otherwise stated
2018
2019
2020
2021
Revenue
736.9
1,242.6
2,528.1
4,602.2
Reported EBITDA
109.7
350.1
983.6
1,436.1
Margin %
14.9%
28.2%
38.9%
31.2%
Adjusted EBITDA1
113.5
351.8
993.7
1,626.4
Margin %
15.4%
28.3%
39.3%
35.3%
EBIT
-36.7
128.6
627.5
826.4
Margin %
-5.0%
10.3%
24.8%
18.0%
Net profit
0.3
54.0
351.5
491.3
Margin %
0.0%
4.3%
13.9%
10.7%
CAPEX
135.7
319.7
536.5
935.6
Net debt/adjusted EBITDA1
5.0
2.2
1.2
3.3
Units
2018
2019
2020
2021
Out-of-home points
7,090
10,066
14,066
41,948
of which APMs
5,596
8,352
12,254
20,367
of which Poland
4,339
7,186
10,776
16,445
of which France
N/A
N/A
N/A
313
of which UK
913
822
1,134
3,150
of which other markets
344
344
344
459
of which PUDOs
1,494
1,714
1,812
21,581
Million
2018
2019
2020
2021
Parcel volume
83.2
143.9
309.9
517.6
of which Poland
82.5
143.4
307.7
424.3
of which Mondial Relay2
N/A
N/A
N/A
84.9
of which International (UK & IT)
0.7
0.5
2.2
8.4
PLN million, unless otherwise stated
Q1
Q2
Q3
Q4
Revenue
1,542.1
-
-
-
Reported EBITDA
403.3
-
-
-
Margin %
26.2%
-
-
-
Adjusted EBITDA1
409.1
-
-
-
Margin %
26.5%
-
-
-
EBIT
196.8
-
-
-
Margin %
12.8%
-
-
-
Net profit
69.4
-
-
-
Margin %
4.5%
-
-
-
CAPEX
308
-
-
-
Net debt/adjusted EBITDA1
3.3
-
-
-
Units
Q1
Q2
Q3
Q4
Out-of-home points
44,710
-
-
-
of which APMs
22,272
-
-
-
of which Poland
17,357
-
-
-
of which France
651
-
-
-
of which UK
3,583
-
-
-
of which other markets
681
-
-
-
of which PUDOs
22,438
-
-
-
Million
Q1
Q2
Q3
Q4
Parcel volume
164.2
-
-
-
of which Poland
112.1
-
-
-
of which Mondial Relay2
48.3
-
-
-
of which International (UK & IT)
3.8
-
-
-
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
2.0
1.9
3.5
3.3
Units
Q1
Q2
Q3
Q4
Out-of-home points
15,801
18,434
38,494
41,948
of which APMs
13,500
15,572
18,001
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
344
344
393
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 Relay2
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
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 Relay2
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 Actual numbers include MR results since July 1, 2021 (date of acquisition MR to InPost Group)