Ozon Publishes Audited Consolidated Financial Statements for Full-Year 2024 and Reiterates its Guidance for Full-Year 2025

March 13, 2025 – Ozon Holdings PLC (hereafter referred to as “we”, “us”, “our”, “Ozon”, “the Company”, or “the Group”) today publishes audited consolidated financial statements for the year ended December 31, 2024, and reiterates its guidance for full-year 2025. The Group’s financial statements are available on its website https://ir.ozon.com/.

Based on the current trends and outlook, the Company expects the following performance in its key operating and financial metrics in FY 20251:
  • GMV incl. services to grow by approximately 30-40% YoY
  • Adjusted EBITDA of RUB 70-90 billion
  • Fintech revenue to grow more than 70% YoY
  • The non-marketplace operations to exceed on-marketplace operations using Ozon Card      

About Ozon

Ozon is a multi-category e-commerce platform operating in Russia, Belarus, Kazakhstan, Kyrgyzstan, Armenia, Georgia, Azerbaijan, Uzbekistan, China, and Turkey. Our fulfillment and delivery infrastructure enables us to provide our customers with fast and convenient delivery via couriers, pickup points or parcel lockers. Our extensive logistics footprint and fast-developing marketplace platform help entrepreneurs sell their products across 11 time zones and offer our customers a wide selection of goods across multiple product categories. Ozon Fintech includes B2B and B2C operations and offers an extensive range of transaction and credit products services to more than 30 million users. Ozon is committed to expanding its value-added services, such as Ozon Fresh online grocery delivery. For more information, please visit https://corp.ozon.com.     

Contacts

Investor Relations
ir@ozon.ru

Press Office
pr@ozon.ru       

Disclaimer

This press release contains forward-looking statements that reflect the current views of Ozon Holdings PLC (“we”, “our”, “us”, or the “Company”) about future events and financial performance. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements and are applicable only as of the date on which they are made. 

These forward-looking statements are based on management’s current expectations. However, it is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. These statements are neither promises nor guarantees but involve known and unknown risks, uncertainties and other important factors and circumstances that may cause Ozon’s actual results, performance or achievements to be materially different from the expectations expressed or implied by the forward-looking statements. Such factors include conditions in the relevant capital markets, negative global economic conditions, the ongoing geopolitical crisis, sanctions and governmental measures imposed in various jurisdictions in which we operate and other developments negatively impacting Ozon’s business or unfavorable legislative or regulatory developments. We therefore caution you against relying on these forward-looking statements, and we qualify all of our forward-looking statements with these cautionary statements. Please refer to our Annual Report for the year ended December 31, 2023 as well as other public disclosures of the Company concerning factors that could cause actual results to differ materially from those described in our forward-looking statements.

These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While Ozon may elect to update such forward-looking statements at some point in the future, Ozon disclaims any obligation to do so, even if subsequent events cause its views to change. These forward-looking statements should not be relied upon as representing Ozon’s views as of any date subsequent to the date of this press release.

The trademarks included herein are the property of the owners thereof and are used for reference purposes only. Such use should not be construed as an endorsement of the products or services of the Company.  
  1. The forward-looking statements below reflect Ozon’s expectations as of March 13, 2025. These statements are neither promises nor guarantees and could be subject to change due to known and unknown risks, uncertainties and other important factors and circumstances that may cause Ozon’s actual results, performance or achievements to be materially different from the expectations expressed or implied by the forward-looking statements.