Ozon showed solid revenues and a loss

Show original
Ozon published not audited financial results for the third quarter 2023. In it the company showed the record growth of revenue and a record loss. The sales volume (GMV) of the company, including services, grew by 2,4 times year by a year, to 450,8 billion rubles. It is record growth for the company for the last 8 quarters. Among the main drivers of growth — increase in number of orders, the average check and base of loyal buyers. The number of orders grew by 134%, number of buyers — for 28%, and the average check — for 10%. The share of sales of sellers in the total amount of sales of Ozon increased to 83,5%. It is connected with number growth...
Analysis
×
Igor Gerasimov
Last position: Executive director (LLC "OZON HOLDING")
2