Depository receipts of Ozon (MCX:OZONDR) grew by 9.5% in the moment – up to RUR 1330 per paper at the Moscow Exchange. 1330 per paper at the Moscow Exchange trades. At the moment of preparation of the material the growth of quotations slowed down.

The growth of Ozon securities coincided with the publication of information on financial results for 2021. Gross merchandise value (GMV) in 2021 increased by 127% to 448.3 rubles billion. The dynamics of the turnover exceeded the company’s own forecast, which expected an increase of 120%.

The revenue of the Russian trading floor rose by 71% over the year, to 178.2 billion rubles. The company’s own sales, advertising revenues and the growth of commission revenues of the marketplace made a major contribution to the revenue growth.

Adjusted EBITDA amounted to minus 41.2 billion rubles in 2021 compared to minus 11.7 billion rubles a year earlier, RBC notes.