Online retailer Rohlik turns to positive EBITDA for first time
PRAGUE, Sept 24 (Reuters) - Rohlik Group, a Czech-based online grocer active in several European markets including Germany, posted its first-ever positive adjusted EBITDA profit of €23.2 million ($26.39 million) for the fiscal year ending April 2026, it said on Thursday.
The company, held by founder Tomas Cupr and outside investors, said revenue rose 32.8% to €1.48 billion and positive operating cash flow reached €12.7 million.
Its net loss narrowed to €66.1 million, from €94.3 million a year ago.
The company reported double-digit revenue growth in all its markets - the Czech Republic, Germany, Austria, Romania and Hungary - and it had 1.4 million customers.
It said its outlook for the current fiscal year was "sustained adjusted EBITDA profitability across the year, net-income break-even during the second half, positive free cash flow for the full year, and continued progress of the German business toward break-even."
Rohlik said it planed to scale up its Veloq automated fulfillment platform that it has started to licence to other companies.
($1 = 0.8792 euros)