The Czech parent company of Árukereső increased its revenue and operating profit last year

According to the statement, Europe’s largest price comparison site group, Heureka Group, operating in nine countries in the region, achieved sales of 2.2 billion Czech crowns (35.2 billion forints) in 2024 despite the challenges of the e-commerce market, while EBITDA (earnings before interest, taxes, depreciation and amortization) increased to 606 million Czech crowns (9.7 billion forints), approaching the best result in the company’s history. The operating cash flow indicator also increased last year.

The group’s consolidated loss, mainly due to previous accounting write-offs, decreased by 48 percent year-on-year, and the average monthly user base increased from 23 million to 26 million.

The announcement highlighted that the stable financial background ensures the development of services and technologies, and the launch of the margin service already introduced on the Czech market, which shows customers when the purchase is most favorable.

David Chmelar, CEO of Heureka Group, emphasized in an announcement: the strength and stability of the business model is demonstrated by the fact that they achieved improved results in all important financial indicators, while significantly reducing the debt stock.

The Heureka Group’s websites offer more than 55,000 online stores, including 22 million offers from more than 4,700 online stores on the Árukereso.hu website.

The group of companies is owned by the Prague-based PPF financial and investment fund and EC Investment holding, which has an e-commerce investment portfolio in the region, according to PPF’s website.