Ozon Holdings PLC - ADR

-1.03 (-8.15%)
Earnings Announcements

Russia's Ozon reports positive EBITDA in Q3

Published: 11/15/2022 12:59 GMT
(OZON) - Free Cash Flow Was 900 Million Roubles ($15.02 Million)during the Quarter, Compared With Negative 14.6 Billion Roubles in the Same Period Last Year.
Q3 Adjusted EBITDA Was 1.6 Billion Roubles Vs Negative 11.3 Billion.
Gross Merchandise Value (gmv), Including Services, Was 188.1 Billion Roubles Vs 108.3 Billion.
Total Revenue Was 61.4 Billion Roubles During Q3, Up From 41.5 Billion in the Same Quarter of 2021.
The Company's Net Loss Was 20.7 Billion Roubles Vs 14.0 Billion in Q3-2021.
The Company Incurred Losses of 10.8 Billion Roubles From a Warehouse Fire in August.
It Said It Was in Discussions With Insurance Companies Over Compensation for Fire-related Losses, But, If Granted, They May Not Cover the Sustained Losses.
Further Company Coverage: [ozon.
($1 = 59.9120 Roubles).
(reporting by Reuters, Editing by Louise Heavens).