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Amsterdam, October 31, 2022

Icecat will continue to grow in the third quarter of 2022

The turnover of Icecat NV (ISIN: NL0012751226) increased by 2022% to 11 million euros in the third quarter of 3,2 compared to the same period last year. Growth slows down slightly compared to the first six months. 

Gross profit increased by 12% in the same period. As operating costs increased, Icecat's EBT decreased slightly by 9% to 0,68 million euros. This strengthens the already solid cash position. 

The global e-commerce market is still growing, albeit not as quickly as in recent years. The prospects for Icecat's product information management and syndication services are still good. 

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