Profitable Growth mid-term outlook Q3 2023
Q3 2023 | Ebitda adjusted +63% vs 2022
EBITDA margin from 10% to 15%
Q3 2023
Q3 2022
% 23 vs. 22
GTV (Єm)
815
845
(4%)
Revenues (€m)
81.4
79.0
+3%
Thereof: B2B
31.2
29.0
+8%
Thereof: B2C
50.2
50.0
+1%
Gross Profit (€m)*
32.5
26.9
+21%
in % of Revenues
40%
34%
Thereof: B2B
11.8
11.4
Thereof: B2C
20.7
15.5
+4%
+34%
Adjusted EBITDA (€m)
12.5
7.7
+63%
in % of Revenues
15%
10%
•
Highlights 3Q FY23
The increase in DP ABV pushes GTV to -4%
despite the decreasing trend in bookings.
Gross Profit B2C growth linked to increased
efficiency in performance marketing which
weights 35% of Revenues in Q3 2023 vs.
40% of Revenues in Q3 2022. This has been
reflected mostly in B2C segment.
EBITDA margin significantly increased from
10% in Q2 2022 to 15% in the same period
of 2023 thanks to gross profit contribution
and fixed costs under control.
* Gross Profit includes Non-Performance Marketing cost as well as advertising revenues formerly reflected in the MEDIA segment
Note: The financials included in this presentation referring to Q3 2023 and the first half of 2023 are unaudited figures.
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