Russian e-commerce firm Ozon reports over 500% jump in 2024 earnings
Published by Global Banking & Finance Review®
Posted on February 27, 2025
1 min readLast updated: January 25, 2026
Published by Global Banking & Finance Review®
Posted on February 27, 2025
1 min readLast updated: January 25, 2026
Ozon's 2024 earnings surged over 500% to 40.1 billion roubles, driven by marketplace monetization and fintech expansion. 2025 EBITDA is projected to reach 70-90 billion roubles.
MOSCOW (Reuters) - Russian e-commerce firm Ozon on Thursday reported a more than 500% jump in full-year core earnings to 40.1 billion roubles ($459.34 million), helped by the improved monetisation of marketplace operations and expansion of its fintech services.
For 2025, Ozon said it expects adjusted earnings before interest, tax, amortisation and depreciation (EBITDA) to rise to 70-90 billion roubles.
($1 = 87.3000 roubles)
(Reporting by Olga Popova; Writing by Alexander Marrow; Editing by Kim Coghill)
Ozon reported a core earnings increase of over 500%, reaching 40.1 billion roubles ($459.34 million) for the full year.
For 2025, Ozon anticipates adjusted earnings before interest, tax, amortisation and depreciation (EBITDA) to rise to between 70 and 90 billion roubles.
The significant jump in earnings was aided by improved monetisation strategies implemented by the company.
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