Cyber_Folks (CBF) investor relations material

Executive summary

• Q1 2026 revenue grew 29% year-over-year to PLN 245.3 million, with adjusted EBITDA up 35%.

• Net profit attributable to parent shareholders increased by 71% compared to Q1 2025, while reported net profit rose 48% to PLN 41.2 million.

• Major e-commerce acquisitions (PrestaShop, Sylius, Bitbag) completed in February 2026, expanding international reach and product offering.

• Integration of SaaS, open-source, and headless e-commerce platforms positions the Group as a comprehensive digital solutions provider.

• AI-driven automation and product enhancements are driving operational efficiency and customer satisfaction.

Financial highlights

• Q1 2026 revenue reached PLN 245.3 million, up from PLN 190.5 million in Q1 2025.

• Adjusted EBITDA rose to PLN 83.1 million from PLN 61.8 million, a 35% increase; operating EBITDA was PLN 79.3 million.

• Net operating cash flow increased by 30% to PLN 64.3 million.

• Earnings per share for Q1 2026 was PLN 1.50, compared to PLN 0.94 in Q1 2025.

• Dividend payout continues to grow, with a 46% CAGR since 2020.

Outlook and guidance

• Focus on maximizing international growth and operational efficiency post-merger, with continued growth expected from integration of new e-commerce assets and cross-segment synergies.

• Ambitious EBITDA CAGR target of +20% for 2026–2029, supported by a new incentive program.

• PrestaShop integration expected to deliver EUR 28 million in revenue and EUR 4 million adjusted EBITDA in FY 2026, despite one-off costs.

• Seasonality expected to benefit Vercom and e-commerce segments in the second half of the year.

• No liquidity risk identified; contract liabilities are non-cash and will convert to revenue.