GB - Global Blue Group Holding reports Q3 results

• Global Blue Group Holding press release ( NYSE: GB ): Q3 adjusted net income/(loss) improved by €20.4 million, or 147.8% to a €6.6 million profit for the three months ended December 31, 2022, from a €13.8 million loss for the three months ended December 31, 2021.
• Revenue of €86.7M (+123.2% Y/Y).
• Our Adjusted EBITDA increased by €20.8 million to a €24.1 million profit for the three months ended December 31, 2022 from a €3.3 million profit for the three months ended December 31, 2021.
• As of December 31, 2022, the Group had cash and cash equivalents of €233.5M, which were predominantly held in Euro.
• The Company believes that its cash and cash equivalents are sufficient to meet the liquidity needs and fund necessary capital expenditure for at least the next 12 months from the date of this report.

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