Financial Results for Q1-Q4 2020
Within four quarters of 2020, the Comarch Group generated sales revenue in the amount of PLN 1,536,438 thousand. They were higher by PLN 99,015 thousand, i.e. 6.9% than those achieved in 2019. Operating result amounted to PLN 186,818 thousand and was higher by PLN 43,435 thousand i.e. by 30.3% than within four quarters of 2019. Net result attributable to the shareholders of the parent company was PLN 118,744 thousand and increased by PLN 13,898 thousand, i.e. by 13.3% compared to the previous year.
The EBIT margin was +12.2% and net margin amounted to +7.7%. During the described period, the Comarch Group generated EBITDA in the amount of PLN 271,902 thousand, higher by PLN 43,590 thousand i.e. by 19.1% than in the similar period of the previous year.