EQS-News: tonies turns profitable on adjusted EBITDA in the first half of 2023
On adjusted EBITDA, we ended the first half of 2023 with a positive margin of 2.6%.
- On adjusted EBITDA, we ended the first half of 2023 with a positive margin of 2.6%.
- Being profitable on group level despite our ambitious international expansion is a true milestone for tonies.
- Group revenue in the first half of 2023 went up by +34.1% to EUR 113.1 million (H1 2022: EUR 84.4 million).
- tonies also expects a positive adjusted EBITDA margin for full-year 2023 (2022: -2.4%).