Brief: Russia's Ozon reports positive EBITDA in Q3

Ozon Holdings

15/11/2022 12:41

Nov 15 (Reuters) - Russian online retailer Ozon  OZON.O 
released Q3 results on Tuesday.
    * 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.O 
($1 = 59.9120 roubles)
 (Reporting by Reuters, Editing by Louise Heavens)