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MySale grows revenue by 10%

Wednesday, 26th July 2017
MySale (MYSL), an online retailer, grew online revenue grew by 10% to A$240 million in the year to 30 June.

It said the increase was driven by its growing active customer base.

Gross profit increased 14% to A$76 million, as gross margins increased 190bp.

Underlying EBITDA increased by 58% to approximately A$8.7 million. The board expects revenue growth of 15-20% in the year to 30 June 2018 and underlying EBITDA in line with market forecasts of A$11.5m to A$11.8m.

At 9:28am: (LON:MYSL) Mysale Group Plc share price was +1.75p at 114.5p

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