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Company owned by Daft.ie founders shares pre-tax dividend of €7.4m

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Revenues increase by 9 per cent from €33.76 million to €36.67 million in 2022

The overall dividend payout of €19.49 million followed a dividend payout of €15.37 million in 2021.

Details of the dividend payouts show that the Norwegian owned Adevinta Classified Media Ireland Limited received dividends of €9.7 million in 2022. Also included in the dividend payout was a €1.94 million paid out to directors of Distilled Ltd while TNK Associates received €343,728.consolidated its position as the nation’s leader in second-hand goods and continued to thrive in 2022, recording a steady 34 per cent growth increase in ads placed compared to pre Covid levels., became Ireland’s leading motor site in 2022.

Numbers employed increased by six to 140 as staff costs increased by 7 per cent to €12.59 million. The workforce today has grown to over 150 personnel.The profit last year takes account of non-cash amortisation costs of €6.09 million. The group’s shareholder funds totalled €84.69 million and cash funds decreased from €14.85 million to €8.69 million.

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