ATM: PLN 10m net loss in 2016

ATM, provider of colocation, hosting and cloud computing services in Poland, generated PLN 132m (€31.4m) revenues and PLN 10m (€2.4m) net loss in 2016, reports telko.in. It was mainly associated with the revaluation of the shares held in Russian company Linx Telecommunications. Furthermore, the overall cost of restructuring reached almost PLN 9m (€2.1m). ATM earmarked PLN 4.5m (€1.1m) for new ERP and CRM systems. About 70% of the overall EBITDA was generated by data center segment. According to the company, about 58% of colocation space was occupied in 2016. On the other hand, telecommunications segment generated PLN 1m (€237,854) operating loss.

 

ATM: key financial indicators, broken down by data center and telecommunications segments, 2015-2016 (PLN m)
 
ATM, 2017
  Data center Telecommunications
  2015 2016 2015 2016
Sales revenues 49.2 55.1 74.6 72.2
Sales margin 33.2 39 34.1 32
Operating profit 9 9.3 2.6 -1
EBITDA 20.6 21.8 13 9.4