eSky feels like heaven – informs Puls Biznesu on the front page

"EBITDA have soared, accounts are bursting at the seams with cash, and the management board, headed by Lukasz Habaj, can focus on business development. A platform known for selling airline tickets will challenge tour operators - writes the newspaper.

TTV (total value of transactions) amounted to PLN 2.9 billion (78% more from the previous year and 11 % more than in pre-pandemic 2019). EBITDA increased to PLN 90.2 million (up 42% year-on-year and 197% compared to 2019). There were 3.1 million customers, 41 percent more than in 2021 and 1.3 percent more than in 2019.

Łukasz Habaj says that the investment agreement with MCI Capital was very important. A year ago, the fund decided to invest PLN 157 million in the purchase of 55 percent shares of the company and its recapitalization of PLN 20 million.

"The agreement sorted out the shareholding structure, there was a small, but still, increase in capital, we are now very strong financially, and the management board and the entire company can focus on development and customers" - says CEO.

"The value of the eSky Group in our portfolio has now been increased to PLN 320 million. We are satisfied with the results, competence of the management board and the quality of cooperation as well as development plans - says Michał Górecki, investment partner at MCI.

Read more in the attached file.

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