The company earned CZK 1.9 billion ($91.3 million U.S.) last year, down from $98.2 million in the same period last year. Its EBITDA was CZK 142.7 million ($6.6 million U.S.).
VLM is the second-largest publishing company in the Czech Republic with a 17 percent market share. It is owned by Penta Group, which is a Central European investment fund established in 1994. It mainly operates in healthcare, financial services, manufacturing, retail and real estate development.
VLM’s classifieds portfolio includes several leading Czech automotive sites, including TipCars.com, TipCar.cz, Cars.cz and Automix.cz. It also operates the real estate vertical RealCity.cz and horizontal Annonce.cz.