Hong Kong, 28 August 2015: 99 Wuxian,
(ASX:NNW) (“99 Wuxian” or “the Company”) today announced its financial results for the half year ended 30 June 2015 (“1H15”).
Highlights:
- Record Gross Transaction Value (“GTV”) of RMB 5.3 billion (AUD 1.1 billion) in 1H15, up 57% on the prior corresponding period (“pcp”)
- 20.1 million transactions on the platform during the period, up 86% on the pcp
- Total registered user base of 45.6 million as at 30 June 2015; adding over 14.5 million users since 30 June 2014
- Continued expansion and diversification of the business, with the launch of new product initiatives and the addition of high quality business partners and merchants
- Net revenue of RMB 81.0 million (AUD 16.6 million)
- Underlying EBITDA of RMB 5.4 million (AUD 1.1 million)
- Underlying PBT of RMB 3.2 million (AUD 0.7 million)
- Cash and cash equivalents of RMB 34.1 million (AUD 7.2 million) as at 30 June 2015
For further information please download PDF attached:
