This was also Hostingers first year ofEBITDAprofitability.

The Lithuanian company reached 2.4mn in EBITDA profit, while maintaining positive cash flow.

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Web-hosting startup Hostinger hit €110M revenue in 2023, praises AI for 57% growth

Thestartupalso developed an AI assistant for more efficient customer service.

Overall, Hostinger saw a 57% year-on-year increase in its customer base, reaching 2.42 million customers.

France, the US, India, Brazil, and Indonesia accounted for the most active users.

Ioanna Lykiardopoulou

Spain and the UK were also in the top 10.

Story byIoanna Lykiardopoulou

Ioanna is a writer at TNW.

With a background in the humanities, she has a soft spot for social impact-enabling technologies.

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