mysale group news and archive

MySale reports underlying loss but remains positive amid restructuring

MySale has reported an underlying loss in its half-year results but said its revenue is “in line with management expectations" amid the company’s ongoing transformation strategy. The Australian online retailer saw an EBITDA loss of 3.6 million Australian dollars for the six months to 31 December, while it said its revenue of 71.9 million...

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MySale Group appoints non executive director

AIM-listed flash sales retailer MySale has named Charles Butler as a new independent non-executive director with immediate effect. Butler was until recently chief executive officer of Market Tech Holdings, a property and technology group where he oversaw a successful IPO through to its recent sale for 892 million pounds to LabTech Investments...

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MySale cuts costs, improves H1 profit

MySale Group in its interim results for the six months ended December 31, 2015 said that the company experienced a positive first half with underlying EBITDA of 1.5 million Australian dollars (0.1 million dollars); a 12.9 million Australian dollars (9.2 million dollars) improvement on the prior year. The company reported overall revenue growth...