OLX Group Achieves Record Profitability with 49% Margin and Impressive 22% Revenue Increase
Strong Financial Performance: OLX Group reported a 22% year-on-year revenue growth to US$473 million and a 52% increase in adjusted EBITDA to US$231 million for the first half of the fiscal year ending September 30, 2025.
Core Category Growth: The company's growth was driven by its core categories—Motors (27% revenue growth), Real Estate (26% growth), and Jobs (12% growth)—enhanced by AI innovations and strategic acquisitions, including the French motors platform La Centrale.
AI Investment and Innovation: OLX is investing US$20 million in AI capabilities, implementing over 60 AI use cases, which have improved ad posting efficiency by 35-55% and enhanced ad quality by up to 37%.
Strategic Focus and Market Expansion: The company is reinforcing its focus on high-growth markets by selling non-core assets in Uzbekistan and Kazakhstan, while expanding its footprint in Western Europe through strategic acquisitions.
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