sosandar is closer to profitability new financial year starts strongly

Sosandar is closer to profitability, new financial year starts strongly

Sumary of Sosandar is closer to profitability, new financial year starts strongly:

  • Published Jul 20, 2021 Reading time 2 minutes Download Print Text size aA+ aA- Published Jul 20, 2021 Sosandar is continuing on its long march towards profitability with the online womenswear retailer saying on Tuesday that its latest year saw strong revenue growth and a substantial reduction in EBITDA losses.
  • This was a result of “increasing scale, improved ROI on marketing and ongoing focus on cost management”.
  • It reported a 40% increase in repeat orders in the last year and average order frequency improved by 23%.

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