Ozon Kazakhstan's turnover in the third quarter of 2024 showed a 2.3-fold increase

The company reported its highest adjusted EBITDA in its history, exceeding 69.8 billion tenge. Turnover, including services, grew by 59% year-on-year, surpassing 3.8 trillion tenge. Meanwhile, Ozon Kazakhstan's turnover in the third quarter of 2024 increased 2.3 times compared to the same period in 2023.

Ozon continues to invest in the development of its platform and logistics infrastructure, with a focus on regions. As a result, the number of active buyers increased by 11 million year-on-year, reaching 53.5 million people, compared to 42.4 million in the third quarter of 2023. The number of active buyers in Kazakhstan is also continuing to grow: during the reporting period, this indicator increased 2.5 times compared to the same period in 2023.

By the end of the quarter, the average buyer placed an order on Ozon 25 times per year. As a result, in the third quarter of 2024, the company delivered 371.5 million orders — 1.5 times more than a year earlier. The number of orders in Kazakhstan also grew significantly — 2.6 times year-on-year.

The achievement of a record EBITDA level in the third quarter of 2024 was driven by growth in gross profit, which was achieved through increased revenue from financial services and improved unit economics. In the third quarter of 2024, the group's revenue grew by 41% year-on-year to 826.9 billion tenge, due to continued growth in service revenue and fintech interest income.

In the e-commerce segment, Ozon continued to invest in the development of its platform and logistics infrastructure. From July to September 2024, the company increased its logistics space by more than 1.5 times year-on-year: the total area of warehouse infrastructure managed by Ozon exceeded 3 million square meters.