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MySale records uptick in profits and revenue

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A growing customer base and investment in technology has helped flash sales retailer MySale to record a surge in profits and revenues in its half-year results. The Australian-based online retailer, which also trades in New Zealand, south-east Asia and the UK, saw revenue spike by 11 per cent from AUD $137.7 million to AUD $151.9 million (£85.1 million) in the six month period ending December 31. Gross profit also surged 19 per cent from $38.4 million to $45.6 million (£25.5 million), and underlying EBITDA skyrocketc 80 per cent from $3 million to $5.5 million (£3 million).

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MySale records uptick in profits and revenue

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