CBF on Warsaw Stock Exchange

Cyber Folks

Logo: cyber_Folks, Public domain, via Wikimedia Commons4

Polish capital group operating in the technology sector1

cyber_Folks S.A. (known until 2023 as R22 S.A.) is a Polish capital group headquartered in Poznań, operating in the technology sector. The company provides business digitalisation solutions, including web hosting services, domain registration, SaaS and open-source software for the e-commerce sector, and multichannel electronic communication platforms (CPaaS). Since 2017, the company has been listed on the Warsaw Stock Exchange.2 It employed 465 people in 2024.1 Its revenue was PLN 656 million in 2024.1 Its shares trade on Warsaw Stock Exchange under the symbol CBF.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1999Founded1

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  • TickerCBF on Warsaw Stock Exchange1
  • IndustrySaaS, e-commerce, holding company, internet hosting service, software as a service1
  • HeadquartersPoznań1
  • Websitecyberfolks.com
  • Legal formspółka akcyjna1
  • LEI259400I7J8I4F638KS933
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressPOZNAŃ WIERZBIĘCICE 1B, 61-569 Poznań, Poland3
  • Registered withMinistry of Justice, 00006855953

cyber_Folks S.A. (known until 2023 as R22 S.A.) is a Polish capital group headquartered in Poznań, operating in the technology sector. The company provides business digitalisation solutions, including web hosting services, domain registration, SaaS and open-source software for the e-commerce sector, and multichannel electronic communication platforms (CPaaS). Since 2017, the company has been listed on the Warsaw Stock Exchange.2

Corporate structure

Cyber Folks sits at the top of its group. 7 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Cyber Folks Poznań, Poland
    • MailerLite Subsidiary · San Francisco, United States
    • NET DESIGN SRL Subsidiary · 100% · Bistrita, Romania
    • OXYLION SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA (OXYLION SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ) Subsidiary · Poznań, Poland
    • PrestaShop Subsidiary · France
    • Shoper S.A. Subsidiary
    • VERCOM SPOLKA AKCYJNA (VERCOM SPÓŁKA AKCYJNA) Subsidiary · Poznań, Poland

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

Origins and early internet services

In 1999, brothers Jakub and Robert Dwernicki founded the company Spider, one of the first web hosting providers in Poland.

In 2005, the founders established Vercom, a company conducting hosting and telecommunications activities. It initially served as an in-house software house, and later became the foundation of the group's CPaaS segment.

In 2015, following funding of approximately PLN 30 million from the 3TS Capital Partners fund, the company began acquiring other companies in the market. The capital was directed to H88 S.A., a subsidiary acting as a sub-holding for the hosting segment.

Between 2015 and 2017, the group invested over PLN 60 million and acquired the brands Domeny.pl, Linuxpl.com, Futurehost.pl, Hekko.pl, SuperHost.pl, Biznes-Host.pl, blink.pl, and Active24.pl. These brands were integrated into H88 on the basis of the Poznań-based company Ogicom. During this period, revenue in the hosting segment grew from PLN 8 million in 2015 to PLN 74 million in the 2016/2017 fiscal year.

Stock exchange listing and brand consolidation (2017–2023)

In December 2017, the company debuted on the Warsaw Stock Exchange under the name R22 S.A.

In the same month, R22 acquired the hosting brand Kei.pl for PLN 22 million, taking over approximately 14,000 customers and 18,000 managed domains.

In 2018–2019, the group acquired six Romanian hosting companies (including TLH, HostVision, and Rohost). According to company data from that period, it became one of the largest hosting operators in Romania.

In 2019, R22 bought out a 28.5% stake in H88 from 3TS Capital Partners for €6.8 million, gaining full control of the hosting segment. That same year, the company paid its first dividend.

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In 2020, the hosting brand cyber_Folks was established to integrate numerous smaller brands in the group's portfolio in Poland and other Central and Eastern European countries (including Romania). At the time of its creation, the brand served over 100,000 customers.

Also in 2020, the CPaaS segment was organisationally separated within Vercom S.A. In 2022, Vercom conducted its own initial public offering and debuted on the WSE, becoming the second publicly listed entity within the capital group.

Following a merger between R22 S.A. and its subsidiary cyber_Folks S.A., the company changed its name to cyber_Folks S.A. Since 3 August 2023, shares of the company have been traded on the WSE under the abbreviated name "CYBERFLKS" and the ticker symbol CBF.

As of April 2026, the company is a constituent of the following stock indices: GPWB-CENTR, WIG140, WIGtechTR, CEEplus, mWIG40TR, WIGdiv, WIG-Poland, mWIG40, and WIG.

From Wikipedia’s article on Cyber Folks, shared under CC BY-SA 4.0.5

Products and brands

  • domain name registrar
  • online shop
  • public key certificate
  • virtual private server
  • web hosting service

Listed on Wikidata.1

Business model

The cyber_Folks group operates across three main business segments.

Hosting and domains (cyber_Folks)

This segment provides shared hosting, VPS servers (root KVM and managed DirectAdmin), domain registration and maintenance, SSL certificates, and website-building tools.

The group operates in the Polish, Croatian, and Romanian markets. In Romania, it manages approximately 19,000 domains, including through its acquired company Hosterion.

CPaaS communications (Vercom)

Subsidiary Vercom and other related entities provide automated multichannel communication services in the CPaaS model. The platforms integrate communication channels such as SMS, email, push notifications, voice messages, OTT, and RCS.

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E-commerce

This segment provides software for electronic commerce in both SaaS and open-source models. This includes toolsets offered by the Shoper platform (SaaS), PrestaShop, and Sylius (open source) for building online stores, logistics and payment gateway integrations, as well as sales automation tools such as Apilo, SellIntegro, and Blugento.

Own products

The company develops proprietary software for small and medium-sized enterprises. Its portfolio includes the _now creator, an AI-powered tool that generates a website within 60 to 90 seconds based on user inputs.

From Wikipedia’s article on Cyber Folks, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Acquisitions

The cyber_Folks group has completed more than 30 acquisitions, including FreshMail, PushPushGo, and SellIntegro. Key transactions include:

Zenbox (2021) – acquisition of a Polish hosting company for PLN 18 million, gaining 22,700 customers.

MailerLite (2022) – acquisition of an American email marketing software provider. The estimated transaction value was over €80 million.

Shoper (2025) – acquisition of a 49.9% stake for a total of PLN 547.5 million (PLN 39 per share).

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Hosterion (2025) – acquisition of a Romanian hosting company for €6.7 million.

PrestaShop and Sylius (2025–2026) – in 2025, cyber_Folks, in cooperation with Sylius, agreed to acquire 100% of shares in the French e-commerce platform PrestaShop for €55 million through the special purpose vehicle cyber_Pixel. In February 2026, the planned investment in Sylius and its related company BitBag was also finalised. Following the merger of PrestaShop—serving approximately 230,000 stores—with the Shoper and Sylius ecosystem, the gross merchandise value (GMV) of transactions processed in this ecosystem was projected to reach approximately €35 billion.

To raise funds for further acquisitions (valued between €15 and €150 million), in September 2025 the company issued Series E shares, raising PLN 204.2 million.

From Wikipedia’s article on Cyber Folks, shared under CC BY-SA 4.0.5

Employees over time

  • 20244651

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

  • 2024656.3M PLN1

Net income

  • 2024116.3M PLN1

Timeline

  1. 2023Went public Listed on Warsaw Stock Exchange1
  2. 1999Founded Founded1

Sources

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