Legimi enjoys dynamic increase in revenues in Q1 2021

Pioneer in the Polish e-book market, Legimi, summed up the first quarter of 2021. In the past period, the company dynamically increased the scale of its business. Revenues increased by 71 percent y/y up to PLN 10.7 million. In turn, EBITDA was PLN 1.7 million, and the net profit was over PLN 1 million. The dynamic increase in revenues is the result of the expansion of the subscriber base.

“The last quarter was again dominated by the Covid-19 pandemic and its so-called the third wave.