Benefit Systems S.A. — Earnings Release 2022

Mar 6, 2023

Annex to the current report no. 6/2023 of March 6, 2023

PRELIMINARY CONSOLIDATED RESULTS

Annex to the current report no. 6/2023 of March 6, 2023
The selected preliminary consolidated financial data of Benefit Systems Capital Group for the fourth
quarter of 2022:
PRELIMINARY CONSOLIDATED RESULTS
PLN mn	4Q22	4Q21	yoy (%)
Revenues	562.9	378.6	49%
Gross profit	177.9	108.6	64%
EBIT	74.1	37.9	96%
EBITDA	136.0	93.9	45%
Capex*	-37.2	-79.2	-53%
PLN mn	31.12.2022	31.12.2021	yoy (%)
Net cash	133.3	31.1	329%
PRELIMINARY RESULTS: SEGMENTS
PLN mn	4Q22	4Q21	yoy (%)
Segment Poland**
Revenues	403.2	281.1	43%
Gross profit	137.8	83.0	66%
EBIT	72.1	28.9	149%
EBITDA	123.9	75.8	63%
Segment Foreign Market

PRELIMINARY CONSOLIDATED RESULTS
PRELIMINARY RESULTS: SEGMENTS
PLN mn	4Q22	4Q21	yoy (%)
Segment Poland**
Revenues	403.2	281.1	43%
Gross profit	137.8	83.0	66%
EBIT	72.1	28.9	149%
EBITDA	123.9	75.8	63%
Segment Foreign Market
Revenues	159.6	97.6	64%
Gross profit	40.1	25.6	57%
EBIT	2.2	11.9	-82%
EBITDA	12.1	21.2	-43%
Other/corporate**
Revenues	0.0	0.0	n.m.
Gross profit	0.0	0.0	n.m.
EBIT	-0.2	-2.9	n.m.
	-0.1	-3.1	n.m.

The preliminary consolidated financial results of Benefit Systems Capital Group for the fourth quarter of 2022 include approx. PLN 7.3mn of costs connected with clubs closure (approx. 1.6mn in Poland Segment and approx. 5.7mn in Foreign Segment). The preliminary consolidated financial results for the fourth quarter of 2022 do not include costs of employee stock option programme.