Between January and March of this year, the STS Group one of the largest bookmakers in Central Europe and the market leader in Poland generated a record-breaking quarterly NGR of PLN 158 million.

This corresponds to a year-on-year increase of 15%. Adjusted EBITDA for the first quarter of this year was PLN 72 million, compared to last year’s result of PLN 61 million, which means a year-on-year increase of 17%.

In Q1 2022, the STS Group generated a revenue of PLN 142 million, which means a year-on-year increase of 14% relative to PLN 125 million generated in Q1 2021. Last year, net profit of the Group for the first quarter increased by 2% and reached PLN 45 million. In Q1 2022, STS S.A. – the main operating company of the STS Group generated a net profit of PLN 59 million, which means a year-on-year increase of 24%.

“Throughout the first three months of 2022, despite the war and inflation, we were able to achieve excellent operational and financial performance. During that period, adjusted EBITDA increased by 17% year-on-year, while net profit of STS S.A., our main operating company, by an impressive 24% year-on-year. As declared, we will be sharing the generated profit with shareholders of STS Holding. It is worth noting that this year, increased acquisition, and activity of players will occur during the second half of the year due to how sports events are scheduled, including the World Cup in Qatar, where our national team will also be playing,” says Mateusz Juroszek, President of the Management Board of STS Holding.