InPost Group: Q3 EBITDA up 40% yoy, Q3 EBIT up 75% yoy. Revenue +22% yoy, net leverage down


InPost S.A. (Yahoo Finance)

Last year I wrote a short post about InPost: https://www.reddit.com/r/stocks/comments/xbif69/inpost_sa_inpst_analysis_why_i_think_its_a_great/

Since then the stock is up by over 50% and I am still buying & holding. +3% today after earnings.

Press Release

Detailed Q3 & 9M 2023 results

Summary (Q3):

  • Parcel volume 210m (+18% YoY)
  • Revenue 2,067.2m PLN (+22% YoY)
  • Adjusted EBITDA 639.4m PLN (+40% YoY)
  • Net leverage 2.6x (down from 3.2x vs 2022 YE)
  • +13% volume increase in Poland, +28% international
  • UK market finally profitable & growing very rapidly. InPost has the #1 APM network in UK.
  • UK revenue: 125.2m PLN (+138% YoY), UK adjusted EBITDA: 11.3m PLN
  • FCF 310.9m PLN
  • Volumes ahead of the market in all markets


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