October 2021 in TIM SA: more than a billion in revenue since the beginning of the year, a monthly record of online sales made independently by customers
Preliminary estimates show that in October 2021, TIM SA’s monthly revenues from net sales of goods and services directly related to the sale of goods amounted to PLN 120.2 million (+37.2% y/y). This is the second best month since TIM began operations. Total revenues after 10 months of 2021 exceeded PLN 1.03 billion (+35.1% y/y).
October’s revenue from online sales performed independently by customers exceeded PLN 80 m for the second time in history and, like the month before, reached a record level of PLN 85.9 m (+39.5% y/y). The total from January to October 2021 is already PLN 728.4 million (+34.7% y/y).
“October 2021 has already gone down in TIM history. This will be a symbolic month, in which TIM’s sales revenue, calculated cumulatively from the beginning of the year, for the first time exceed one billion zlotys,” says Krzysztof Folta, CEO of TIM SA. “We would not have achieved this if it was not for the trust of the market, which we get from existing customers, but also constantly gain from new ones. This is one of the most important elements supporting online sales. The answer is not only a wide range of products, but also a competent team – both at TIM and at our logistics partner 3LP. Without efficient, comprehensive logistics solutions, there is no chance of success in e-commerce. They are appreciated not only by TIM’s customers, but also by other companies selling online that use 3LP’s services. I believe that soon they will also be appreciated by investors in connection with our planned public offering and the company’s debut on the Warsaw Stock Exchange,” adds Krzysztof Folta.