Ozon turnover for nine months of 2022 increased to 536.2 billion rubles

In the nine months of 2022, Ozon’s turnover added 98% year-on-year to reach RUB 536.2 billion, according to the company’s financials published on Tuesday. According to her data, in the III quarter. this indicator amounted to 188.1 billion rubles (+74% year-on-year), of which 147.1 billion rubles. — marketplace turnover (+104). Gross profit for this period increased to 36.6 billion rubles, which is 2.4 more than in the same period in 2021.

Adjusted EBITDA remains positive for the second consecutive quarter at RUB 1.6 billion. against a negative indicator of 11.3 billion rubles. a year earlier. Ozon CFO Igor Gerasimov explained this as the result of efforts to increase efficiency and develop the advertising platform.

At the same time, Ozon’s net loss for Q3. amounted to 20.7 billion rubles, of which 10.8 billion is a one-time effect from the recognition of a loss in connection with a fire at a warehouse in Novaya Riga in the Moscow Region. Excluding this factor, the net loss decreased by 29% year-on-year and amounted to 9.9 billion rubles, according to the financial statements.

A fire at one of the Ozon warehouses in the Istra district of the Moscow region occurred on August 3. The damage from the fire was then estimated at about 10 billion rubles. According to the All-Russian Union of Insurers, the Ozon warehouse complex was insured for 17 billion rubles, of which 6 billion rubles. – building (in the UK “Alpha insurance”) and by 11 billion rubles. – its contents (in Ingosstrakh).

Also, according to Ozon, the company’s cash, cash equivalents and short-term deposits as of September 30, 2022 remained the same as compared to the state as of June 30, 2022 in foreign currency equivalent – $1.1 billion.