Takealot becomes profitable for the first time

[BusinessTech]

Takealot becomes profitable for the first time

The Takealot Group has recorded its first-ever profitable year, albeit using non-standard financial metrics.

 

[ToxicBunny]

So they're still unprofitable then using standard financial metrics?

 

[Okty]

This was driven by 60% in rand terms in adjusted earnings before interest, tax, depreciation and amortisation (aEBITDA) to $78 million (R1.35 billion) and 14% group GMV growth to $2 billion (R34.6 billion)

So not not netto profit then...