Russian e-commerce company Ozon announced on Thursday a significant increase of over 500% in full-year core earnings to 40.1 billion roubles ($459.34 million). This growth was attributed to enhanced monetization of marketplace operations and the expansion of its fintech services. Ozon anticipates adjusted earnings before interest, tax, amortization, and depreciation (EBITDA) to reach 70-90 billion roubles by 2025.
($1 = 87.3000 roubles)