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Grupa WP records consolidated adjusted EBITDA of PLN 110.2 million

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Grupa WP records consolidated adjusted EBITDA of PLN 110.2 million
Source: Pixabay

Wirtualna Polska, the owner of one of Poland's most popular internet portals, reported a consolidated adjusted EBITDA profit of PLN 110.2 million ($27.3 million) in Q4 2022, up 15% year-on-year, with sales revenue of PLN 327.1 million ($81 million), up 31% year-on-year.

The company attributed the revenue growth to an increase in advertising and subscription revenue, commissions on…

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