In 2021 Q1, the company marked overall revenue of $84.4 million. In the same quarter of 2022, the company reached a revenue figure of $156.6 million. Earnings Before Interest, Taxes, Depreciation and Amortization or EBITDA too jumped from $10.1 million in Q1 2021, to $18.5 million in Q1 2022. An increase of 83%.
The trend is not unusual. The growth in 2020-21 period was similar to that in 2021-22. Last year, the company reported an increase in revenue by 71%.
This year the company’s growth has been bolstered by Organic growth as well as Acquisitions. Company’s organic growth was calculated at 53%. While, the company’s three acquisitions, specially that of VGL Verlagsgesellschaft helped the company to reach these numbers.